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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

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Coopersmith Career Consulting | Evaluated Learning Experience

The Law of Business and Business Organizations (BUS-311)

Location: 

Various, distance learning format.

Length: 

Varies; (self study; self-paced). 

Dates: 

June 2016 - Present.

Instructional delivery format: 
Proficiency exam
Learner Outcomes: 

Upon successful completion of the course, students will be able to: describe the various documents that must be filed with government agencies in order to create various types of businesses; explain the characteristics of corporations and various other business formations, especially as they relate to tax and liability issues; compare and contrast various business forms and determine which type is most appropriate in a particular situation; determine when a corporate director or officer has breached a duty to his or her company and the available shareholder remedies; describe the ways in which corporations can raise capital, including “going public” and summarize the most important securities laws relevant to IPO’s, exchanges and corporate finance; apply important employment laws such as those that protect the health and safety of employees, protect employees from dangerous or hostile environments or wrongful termination and the rules regarding employment discrimination.

Instruction: 

This course is designed to provide students with an overview of the principles and most significant laws pertaining to business organizations and the ability to apply many of those principles and rules. This course deals with the characteristics of various business organizations, including publicly held and closely held corporations, general and limited partnerships, sole proprietorships and limited liability companies. These various forms of business are compared and contrasted to determine the advantages and disadvantages of creating and maintaining each form. The course covers various aspects of corporate operations, including the responsibilities of corporate directors and officers as well as principles relevant to corporate finance. The course concludes with a survey of employment law principles relevant to business operations, including employee benefits and employment discrimination. Instruction is offered in the form of a course syllabus and study guide, an assigned textbook with reading assignments, a PowerPoint study guide and provided audio/visual presentations. Students are expected to complete the course of study set forth in the syllabus to properly prepare for the final examination. Prerequisite: Microeconomics (ECO-101) and Macroeconomics (ECO-102). Students must demonstrable significant experience in the study or practice of business, law or economics may be accepted in lieu of these prerequisites.

Credit recommendation: 

In the lower division baccalaureate/associate degree category OR in the upper division baccalaureate degree category, 3 semester hours in Business, Marketing, Finance, or as a general elective (6/16).

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