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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

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Business 103: Introductory Business Law

Location: 

Various; distance learning format.

Length: 

40 hours (15 weeks). 

Dates: 

October 2013 – Present.

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon successful completion of this course, students will be able to: investigate how American law began, the Constitution, Bill of Rights, and the branches of government; compare and contrast the legal systems in the U.S., court functions, civil versus criminal law, substantive law versus procedural law and what happens when a lawsuit begins; outline the basics and capacity of contracts including termination, types, contracts and issues with minors, third-part beneficiaries, and assignment and delegation of rights and duties; examine the Statute of Frauds; explain certainty of terms, rules of interpretation and construction, implied terms, the parole evidence rule, conditions and excused conditions; paraphrase types of breaches, anticipatory repudiation, remedies for breaches of contracts, defenses to enforcement of a contract, how a contract can be discharged and concepts related to torts; examine topics that include legal ethics, securities and antitrust law, trademarks, patents, copyrights and trade secrets; differentiate the rights of creditors, product liability, consumer and credit protection, privacy protection, and unfair competition; hypothesize how to create the agency relationship and liability of the principal and liability of the agent; and analyze how to create a partnership and corporation, the Uniform Commercial code, tax structure, and liability of corporations. 

Instruction: 

The course is self-paced, and instruction is delivered through online video and text lessons. Students are assessed through quizzes and a proctored final exam. Topics include: History of American Law; Sources of Law; Constitutional Law; American Legal Systems; Legal Procedures; Contract Law Basics; Capacity in Contract Law; Contract Law and Third Party Beneficiaries; Contracts: Assignment and Delegation; Contracts: Statute of Frauds; Contracts: Scopes and Meanings; Contracts: Breach of Contract; Contracts: Discharge of Contracts; The Legal Environment; Securities and Antitrust Law; Property Law; Creditors’ Rights; Product Liability and Consumer Protection; Torts in Business Law; The Role of Agency in Business Law; Sales & the Law.

Credit recommendation: 

In the lower division baccalaureate/associate degree category, 3 semester hours in Human Resources Management, Introduction to Business Law or Management (10/16).

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