Spring Semester 2021 Catalog

PARA 1150 CONTRACTS, COMMERCIAL LAW AND BUSINESS ORGANIZATIONS

Credits

3

Introduces the student to the basic concepts of legal rules commonly applicable in commercial settings, to the basic concepts of substantive contract law and to the formulation and operation of sole proprietorships, general partnerships, limited partnerships, and corporations. Additionally, the course explores the basic concepts of agency law. Topics include Constitutional law and its impact on business, the essential elements of a contract and related legal principles and the Uniform Commercial Code, sole proprietorships, partnerships, professional associations and other business organizations, corporations and tax implications of different organizations.

Lecture Hours

45

Lab Hours

0

Prerequisite

Program admission

Corequisite

PARA 1100