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Business Law II

This course is a continuation of Business Law I (BUL2241) with a focus on the Uniform Commercial Code (UCC) as it applies to sale of goods, negotiable instruments, and secured transactions. The course also covers the law of business organizations and related topics.

BUL 2242

  1. 1Activity 1

    Agency Law

    Every business larger than one person acts through agents. Employees sign leases, sales representatives quote prices, and delivery drivers put the company's name on the…

    8 min read
  2. 2Activity 2

    Partnerships

    A partnership is the only business form you can create by accident. Two people who run a business together and share its profits are partners under state law whether or…

    9 min read
  3. 3Activity 3

    Limited Liability Company

    The limited liability company is the form most new Florida businesses choose, and for good reason: it shields the owners' personal assets like a corporation while…

    11 min read
  4. 4Activity 4

    Corporations (Part 1)

    A corporation is a legal person of its own. It can own property, enter contracts, borrow money, and be sued in its own name, separate from the people who own it or run…

    10 min read
  5. 5Activity 5

    Corporations (Part 2)

    Forming a corporation is only the beginning. Once people are running it, a different set of questions takes over: who is in control, what they owe the corporation and…

    11 min read
  6. 6Activity 6

    Secured Transactions

    Article 9 of the Uniform Commercial Code governs loans secured by personal property: inventory, equipment, vehicles, accounts receivable, and nearly anything else a…

    11 min read
  7. 7Activity 7

    Bankruptcy

    When a person or a business cannot pay its debts, the law does not leave creditors to fight over whatever remains. Federal bankruptcy law provides one uniform system…

    11 min read
  8. 8Activity 8

    Employment Law

    Employment law governs the relationship between employers and the people who work for them: hiring, pay and hours, workplace safety, discrimination, union activity, and…

    10 min read
  9. 9Activity 9

    Consumer Protection

    Every business that sells something makes claims about quality, ingredients, performance, price, and value, and consumer protection law exists to keep those claims…

    11 min read
  10. 10Activity 10

    Securities

    Securities law governs how businesses raise money by selling ownership and debt interests to the public. Its founding idea is disclosure: a company that wants public…

    10 min read
  11. 11Activity 11

    Antitrust Law

    Markets work when businesses compete, because competition is what pushes prices down and quality and innovation up. Antitrust law protects the competitive process itself…

    10 min read
  12. 12Activity 12

    Environmental Law

    Environmental law is the body of statutes and regulations that governs a business's effect on air, water, and land. Four federal statutes do most of the work, the…

    10 min read
  13. PProject

    Business Law Story

    This project brings the course together by asking you to apply the doctrines you have learned to one cohesive story. Knowing the rules of agency, corporate governance,…

    14 min read
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