ACCT 220 - Legal Environment of Business

Units: 3
Legal and institutional setting in which business operates; the nature, sources, functions, and processes of law and legal reasoning relating to the U.S. court system, court procedures, alternative dispute resolution, ethics, contracts, torts, basic criminal law and intellectual property. Formerly BUS 220.

Equivalent Quarter Course: ACCT 2701.
Possible Instructional Methods: Entirely On-ground, or Entirely Online.
Grading: A-F grading only.
Course Typically Offered: Fall & Spring

Student Learning Outcomes - Upon successful completion of this course students will be able to:

Explain basic legal terminology;
Identify the structure of the federal, state, and local court systems;
Describe court procedures;
Summarize the difference between courts and alternative dispute resolution forums;
Explain the authorities defined in the United States Constitution to regulate business;
Discuss the role of ethics in business decision making Define the elements of causes of action for intentional torts;
Define the elements of causes of action for negligence and strict liability;
Explain the rights and responsibilities associated with various forms of intellectual property such as trademarks, copyrights, and patents;
Examine the basic differences between criminal law and civil law;
Discuss the basics of contract law such as offer, acceptance, consideration, and capacity to contract.