Jun 24, 2024  
2023-2024 Schoolcraft Catalog 
2023-2024 Schoolcraft Catalog [ARCHIVED CATALOG]

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BUS 208 - Business Law 2

Credits: 3
Lecture Contact Hours: 3
Description: This course is a continuation of BUS 207  with emphasis on negotiable instruments, real and personal property, agency, partnerships, corporations, employment and wills and estates.

Prerequisites: BUS 207 . ENG 101  or minimum score of 22 ACT-English, 29 SAT-Writing and Language, 108 CPT-Sentence Skills or 276 NGA-Writing.
Corequisites: None.
Recommended: None.

Course Category: Occupational
This Course is Typically Offered: As Needed
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Course Competencies
  1. Characterize the components of a negotiable instrument.
  2. Evaluate the rights and liability of each party involved in a negotiable instrument transaction.
  3. Assess the relationship between personal property, possession and the legal rights of all parties.
  4. Characterize the elements of a property transaction and the legal rights and obligations of all parties.
  5. Relate the legal structure, purpose and role of a will, trust and estate.
  6. Explore the legal rights, obligations and duties of each party in an agency and employment relationship.
  7. Summarize the legal structure and operations of various types of business entities.
  8. Assess the authority, duties and rights of a partnership and its implication on the law.
  9. Analyze the legal implications of corporate management and financing transactions.

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