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.
How this course works
- Work through the activity
- Post by Friday, 11:59 PM
- Reply by Sunday, 11:59 PM
- 1Activity 1
Agency Law
A sales representative promises a customer a discount no one approved, and a warehouse worker backs a forklift into the same customer's car. The argument that follows…
- 2Activity 2
Partnerships
A partnership is the only business form two people can create by accident. If they own and run a business together, the law makes them partners, and each is personally…
- 3Activity 3
Limited Liability Company
Most of the new business entities filed in Florida are limited liability companies, and for good reason. The form shields the owners' personal assets like a corporation…
- 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…
- 5Activity 5
Corporations (Part 2)
A board spends millions on a product line that fails within a year, and one of its directors votes to have the company buy a warehouse she owns. A court leaves the first…
- 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…
- 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…
- 8Activity 8
Employment Law
In Florida, an employer may fire a worker for a bad reason or for no reason at all, but not for a reason the law forbids. Federal and state statutes name the forbidden…
- 9Activity 9
Consumer Protection
Pick up a product in any store and read what it says about itself: all natural, recommended by doctors, clinically proven, number one. Each of those phrases states a…
- 10Activity 10
Securities
Every public company keeps a file the public can read. It holds the prospectus that sold the first shares, every annual and quarterly report since, and the announcements…
- 11Activity 11
Antitrust Law
Competition pushes prices down and pulls quality and innovation up, which is why antitrust law protects the competitive process rather than any particular competitor.…
- 12Activity 12
Environmental Law
A company does not have to spill anything to violate environmental law. The violation can be a hazardous waste determination never made or a permit never applied for,…
- PProject
Business Law Story
The course took business law apart one subject at a time, from agency in Activity 1 to environmental law in Activity 12. A real company meets those subjects in order,…