This course examines the formulation, interpretation, and application of law into business and exposes the student to the legal and ethical framework of business. It is a study of the laws affecting the operation of businesses, Contracts, negotiable instruments, the law of sales, torts, crimes, constitutional law, the Uniform Commercial Code, and how the court systems are examined. It is expected of Business finance professionals to possess a sound background knowledge in laws that are relevant to businesses and their operations. Professional accountants need a strong background knowledge in company law and law relevant to public sector entities. All business professionals also need knowledge of how laws affect them personally and in their own employment and business activities. This course has been approved to satisfy the Comprehensive Articulation Agreement for transferability as a pre-major and/or elective course requirement.
Course/Learning Objectives Upon completion the student should be able to:
- Identify legal and ethical issues that arises in business decisions and the laws that apply to them
- Get the differences between “rules” and “laws”
- Identify the different types and sources of laws
- Identify the major and minor sources of laws
- Practical application of the concepts and principles of the law of tort as it applies to the world of business
- Practical implications and principles of the law of business.
- Recognized degree of any University or Higher National Diploma of any Polytechnic.
- Any other qualification for the time being approved by the Council.
- The student possesses the basic educational qualifications and should be fit and properly