Ethical and legal issues in the domestic and international regulatory environment of business. Foundations of legal reasoning, case analysis, legal dispute resolution and reporting, court systems and sources of law. Substantive areas of torts, contracts, sales, products liability and consumer rights and remedies. Contemporary legal issues explored in such areas as: regulation of environmental practices, deceptive advertising, debt collection, employment, anti-trust and computer law.
Prerequisite: 24 hours.
Lecture contact hours: 3
Legal aspects of financial transactions. The rules of law governing financial transactions in today’s business and personal affairs. Topical areas include commercial paper, secured transactions, and bankruptcy.
Prerequisite: LAW 231; undergraduate business majors must be admitted to degree program.
Lecture contact hours: 1
Legal alternatives in the structuring of the business enterprise and its relationship with employees. Topical areas include personal property, bailments, real property, leaseholds, intellectual property rights, franchises, sole proprietorships, partnerships, corporations, LLC’s, agency and employment law.
Cannot receive credit for both LAW 335 and LAW 532.
Prerequisite: LAW 231; undergraduate business majors must be admitted to degree program.
Lecture contact hours: 2
Use of primary and secondary legal sources and indexes are examined, including state and federal statutes, government regulations, cases, Shepard’s, Missouri Practice series, law reviews and legal encyclopedias; types of legal writing are introduced; research techniques are applied to case analysis and legal writing.
Prerequisite: LAW 231 undergraduate business majors must be admitted to degree program.
Lecture contact hours: 3
Legal, regulatory, and ethical issues related to employer-employee relationships, including employment-at-will doctrine, discrimination and union contracts.
LAW 531 and LAW 631 may be taught concurrently. Cannot receive credit for both LAW 532 and LAW 632.
Prerequisite for LAW 531: LAW 231; and undergraduate business majors must be admitted to degree program.
Prerequisite for LAW 632: LAW 231 or LAW 600.
Lecture Contact Hours: 3
Agency and employment responsibilities and liabilities facing new and traditional forms of business organizations are compared, along with selected tax and security regulation issues. Personal and real property concepts are examined, along with environmental exposure issues. Selected contract and UCC concepts are reviewed. Issue recognition, problem analysis approach and testing mechanisms are especially appropriate for individuals taking the CPA or other professional exams.
LAW 532 and LAW 632 may be taught concurrently. Cannot receive credit for both LAW 532 and LAW 335. Cannot receive credit for both LAW 532 and LAW 632.
Prerequisite for LAW 532: LAW 231; 54 hours; and undergraduate business majors must be admitted to degree program.
Prerequisite for LAW 632: LAW 231 or LAW 600.
Lecture Contact Hours: 3
Contemporary legal and ethical issues encountered by business managers will be discussed, including issues related to torts, vicarious liability, products liability issues; formation and enforcement of contracts and sale of goods; regulatory environment affecting employment practices/discrimination, product advertising and environmental responsibility; economic development issues associated with environmental sustainability, property rights, constitutional law and city planning. Agency liabilities and fiduciary responsibilities of agents and managers in business organizations will be examined. An overview of the court system and legal dispute resolution mechanisms will be integrated. This course is primarily intended for MBA students who do not have equivalent undergraduate business law coursework, and this course will not be counted in the hours required for a College of Business graduate degree.
Prerequisite: Permission of a director of a College of Business Graduate Program.
Lecture Contact Hours: 3
An exploration of business principles and their application. Designed for graduate students who do not have an undergraduate degree in business.
Prerequisite: Permission of the director of the Master of Professional Studies program.
Lecture Contact Hours: 3