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| CBUS204 syllabus
|COURSE NUMBER: ||CBUS204|
|COURSE TITLE:||Business Law II|
|SEMESTER CREDIT HOURS:||3|
|STUDENT ENGAGEMENT HOURS:||135|
|DELIVERY MODE:||In-Person, Online|
A study of secured transactions, debtor and creditor rights, sales, bankruptcy, bailment law, agency and employment, and business organizations.
STUDENT LEARNING OUTCOMES:
Upon completion of this course, students will be able to:
- Relate the scope of the UCC article 2 and 2a and assess the formation of sales and lease contracts. They will be able to identify the point of passage of tittle and risk of loss. They will be able to distinguish the breach and remedies of sales and lease contracts and define performance obligations of the buyer or lessee or seller or lessor and the onset of anticipatory repudiation.
- Differentiate the defense to product/strict liability and warranties as related to the restatements of torts.
- Distinguish differences and obligations to creating and perfecting a security interest and its scope of priorities rights and duties of debtors and creditors liability of default. They will be able to appraise the laws in regards to the assistance of creditors and debtors. They will be able to define the elements of bankruptcy and application of the reorganization prepayment plan.
- Define the differences between a sole proprietorships, partnership and corporations. The duties of agents and principals agents’ authority liability in agency relationships agency termination.
- Define the scope proprietorships, the application of the law governing partnerships, formation rights, liabilities and duties among partners and partnership termination. Advantages and disadvantages.
TEXTBOOK / SPECIAL MATERIALS:
- The Law of Sales
- Introduction to Sales Contracts and Their Formation
- Title, Risk, Insurable Interest
- Performance and Obligation
- Remedies of Buyer and Seller for Breach
- Sales Warranties
- Product Liability
- Personal Property and Bailments
- The Nature of Property and Personality
- Creditors' Rights, Bankruptcy, and Lender Liability
- Secured Transactions
- Other Creditors' Remedies and Suretyship
- Bankruptcy and Reorganization
- Business Organizations
- Partnerships: Nature, Formation, and Operation
- Corporations: Introduction, Formation and Management Powers
- Agency and Employment Law
- Agency Formation and Duties
- Liability to Third Parties and Termination
Dynamics of Business Law, 3rd Edition by Kubasek/Brown/Herron/Giampetro-Meyer/Barkacs/Dhooge and Willimason, published by McGraw-Hill Irwin
See bookstore website for current book(s) at https://www.dacc.edu/bookstore
Grades will consist of chapter learnsmart activity (15 points), Case Studies (10 Points), Interactive Cases (5 points) and unit exams (50-100 points),. Dates for the exams are indicated on the schedule so students have time for preparation. The following grading scale will be used for the final course grades. However, the instructor reserves the right to vary the scale if necessary.
90-100% = A
80-89% = B
70-79% = C
60-69% = D
00-59% = F
|STUDENT CONDUCT CODE:||Membership in the DACC community brings both rights and responsibility. As a student at DACC, you are expected to exhibit conduct compatible with the educational mission of the College. Academic dishonesty, including but not limited to, cheating and plagiarism, is not tolerated. A DACC student is also required to abide by the acceptable use policies of copyright and peer-to-peer file sharing. It is the student’s responsibility to become familiar with and adhere to the Student Code of Conduct as contained in the DACC Student Handbook. The Student Handbook is available in the Information Office in Vermilion Hall and online at: https://www.dacc.edu/student-handbook|
|DISABILITY SERVICES:||Any student who feels s/he may need an accommodation based on the impact of a disability should contact the Testing & Academic Services Center at 217-443-8708 (TTY 217-443-8701) or stop by Cannon Hall Room 103. Please speak with your instructor privately to discuss your specific accommodation needs in this course.|