Course

Objective:

Learning Outcomes:

• Classify the various kinds of laws, and describe the key elements of the American Constitution and the concepts of the various schools of jurisprudence
• Contrast ethics, values, morality, law, and the various ethical theories and explain the need and means for promoting corporate social responsibility in business
• Define the elements of tort law and explain the various types of interference with personal and property rights, corresponding liabilities, negligence, and strict liability
• Classify the different types of intellectual property and cases of infringement, and detail the measures for their protection
• Compare and contrast the various terms pertaining to reality of consent and discuss issues related to capacity of minors, mentally impaired, and intoxicated persons
• Classify the types of conditions for performance of contracts, and explain the standards of expected performance
• Describe the nature of property, its classifications, and elements and types of bailments, and enumerate the means of acquiring ownership of personal property
• Relate the duties of agent to principal and vice-versa, discuss ways of termination of an agency, and outline the factors that affect a principal's contract liability
• Explain the basic elements of a contract, the sources of laws governing contracts, and the conditions for an offer to be valid
• State the meaning of acceptance of an offer and describe the modes of communication and elements of consideration in a contract
• Enumerate unfair contracts and contracts made illegal by public policy, and explain the consequences of illegal agreements
• List the information that must be written in a contract and explain the parol evidence rule, the nature of assignment of rights, and delegation of duties in the assignment
• Examine the terms of sales contracts, the concept of transfer of title, the rights of third parties, and the risks of loss faced by the parties
• Discuss the general rules of sales contract, delivery of goods, right to inspection, acceptance and revocation of contract, and the remedies available to buyers and sellers

General Topics: