D2L Corporation
2015-06-18T17:16:51-04:00
2015-06-18T17:16:51-04:00
D2L Corporation
Business Law II
Business Law II is a one-semester course covering standards of law which govern our business and personal affairs in today's dynamic marketplace. It is designed to help students better understand the business world in which they live, gain confidence in conducting business, and be better prepared to recognize legal problems in management of an enterprise.
2015-06-15
2004
1:
Unit
Credit, Bankruptcy, and Commercial Paper
1.1
Knowledge Statement
Define terminology
1.1.1
Application
Prepare a list of terms with definitions
1.2
Knowledge Statement
Examine the use of credit and the laws surrounding the debtor/creditor relationship
1.2.1
Application
Identify the benefits and detriments of using credit
1.2.2
Application
Explain how the factors of character, capacity, and capital affect the credit rating of an individual
1.2.3
Application
Identify the various laws protecting debtors
1.2.4
Application
Identify the various laws protecting creditors
1.2.5
Application
Recognize names of the three major credit reporting businesses: Equifax, Experian, and TransUnion
1.2.6
Application
Distinguish between a secured debt and unsecured debt
1.2.7
Application
State the two methods by which a security interest may be perfected
1.2.8
Application
Distinguish between an artisan's lien and a mechanic's lien
1.3
Knowledge Statement
Examine bankruptcy relief
1.3.1
Application
Identify the purposes of bankruptcy and who may file for it
1.3.2
Application
Examine the procedures for various types of bankruptcy
1.3.3
Application
List debts that cannot be discharged and assets exempt from seizure in satisfying creditor's claims
1.4
Knowledge Statement
Explain types of commercial paper and the essential elements of negotiability
1.4.1
Application
Describe the basic types of commercial paper and their uses
1.4.2
Application
Describe how and when to use the various forms of commercial paper
1.4.3
Application
Identify the requirements of negotiability
1.4.4
Application
Identify the parties to a check and promissory note
1.4.5
Application
Identify and use the various endorsements to achieve a chosen purpose
2:
Unit
Employment and Agency Law
2.1
Knowledge Statement
Define terminology
2.1.1
Application
Prepare a list of terms with definitions
2.2
Knowledge Statement
Examine the nature of the employer/employee relationship
2.2.1
Application
List contractual duties imposed by law on an employee in the employment relationship
2.2.2
Application
List the basic duties imposed by law on the employer in the employment relationship
2.2.3
Application
Identify federal laws that regulate employment conditions and employment opportunities
2.2.4
Application
Describe different classifications of employment discrimination
2.2.5
Application
Identify duties of the employer to injured employees
2.2.6
Application
Identify duties of the employer to the employee in the event of unemployment
2.2.7
Application
Describe the differences between an employer and independent contractor
2.3
Knowledge Statement
Discuss the role of unions in the workforce
2.3.1
Application
Explain how unions are established under the National Labor Relations Act
2.3.2
Application
Explain the affect of right-to-work statutes
2.3.3
Application
Define unfair labor practices by management or unions
2.4
Knowledge Statement
Analyze the principal agent relationship in conducting business
2.4.1
Application
Identify the purpose for which an agency is created
2.4.2
Application
Discuss rights and responsibilities of all parties in an agency
2.4.3
Application
Discuss the different ways in which an agency may be created
2.4.4
Application
Identify the classifications of agents based on scope of authority
2.4.5
Application
Distinguish between a general power of attorney and a limited power of attorney
3:
Unit
Legal Forms of Business Organization
3.1
Knowledge Statement
Define terminology
3.1.1
Application
Prepare a list of terms with definitions
3.2
Knowledge Statement
Examine the characteristics of sole proprietorships and partnerships
3.2.1
Application
Discuss the creation and distinguishing features of proprietorships and partnerships
3.2.2
Application
Compare and contrast the advantages and disadvantages of proprietorships and partnerships
3.2.3
Application
Categorize various types of partnerships by extent of liability, and according to management authority
3.2.4
Application
Examine the various provisions found in an example of a typical partnership agreement
3.3
Knowledge Statement
Examine the characteristics of a corporation
3.3.1
Application
Discuss the incorporation process
3.3.2
Application
Identify the different types and classifications of corporations (domestic, foreign, alien, public, private, publicly held, closely held nonprofit)
3.3.3
Application
List the advantages and disadvantages of a corporation
3.3.4
Application
Compare the types of stock that may be issued by a corporation
3.3.5
Application
Describe the duties and functions of the board of directors and officers of a corporation
3.3.6
Application
Identify the rights of shareholders
3.3.7
Application
Identify the various methods of corporate expansion, and discuss negative aspects associated with each
3.3.8
Application
Identify statutes and agencies that regulate corporations
3.3.9
Application
Explain how the business judgment rule, the insider trading rule, and the corporate opportunity doctrine impose legal obligations of "good faith" upon officers and directors for their business conduct
4:
Unit
Property Law and Insurance
4.1
Knowledge Statement
Define terminology
4.1.1
Application
Prepare a list of terms with definitions
4.2
Knowledge Statement
Explain the rules of law that apply to personal property and bailments
4.2.1
Application
Discuss tangible and intangible personal property, how property may be acquired, and the rights associated with ownership
4.2.2
Application
Discuss the ownership of intellectual property by patent, copyright, and trademark registration
4.2.3
Application
Describe a bailment, the various classifications of bailments, the purposes for which they may be created, and the various degrees of a bailee's liability for care of the bailed property
4.2.4
Application
Distinguish between common, contract, and private carriers
4.2.5
Application
List the various forms of co-ownership of property and the distinguishing characteristics of each
4.3
Knowledge Statement
Explain the rules of law that apply to real property
4.3.1
Application
List the rights associated with the ownership of real property
4.3.2
Application
Discuss the various ways by which real property may be acquired
4.3.3
Application
Explain the difference in conveyance by warranty deed as opposed to quit claim deed
4.3.4
Application
Explain the proper procedure for the transfer of title to real property
4.3.5
Application
Describe and distinguish other's rights through licenses and easements
4.3.6
Application
Explore the limitations of property use by restrictive covenants and zoning laws
4.4
Knowledge Statement
Discuss the landlord/tenant relationship
4.4.1
Application
Describe types of tenancies that may be created by leases (periodic tenancy, tenancy for years, tenancy at sufferance, tenancy at will)
4.4.2
Application
Summarize the rights and duties of landlords and tenants
4.5
Knowledge Statement
Explain the concept of risk and insurance
4.5.1
Application
Explain the need for insurance
4.5.2
Application
Discuss the contrast the different types of insurance
4.5.3
Application
Discuss common policy provisions and considerations