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LA3100 Week 1 Lecture

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Business Law

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LA3100 Week 1 Lecture

  1. 1. Business Law Week 1 Course Intro and Learning Plan 1 NAU LA3100 Week 1 S. Johnston
  2. 2. COURSE INTRODUCTION
  3. 3. Welcome to Business Law! This course introduces you to fundamental legal principals affecting business in the United States, including the sources and classifications of laws in this country. You will learn to recognize and apply basic legal concepts relating to contracts, torts, and product liability, explore various forms of business organizations common in the United States, and gain a fundamental understanding of select legal topics critical to operating a business, including real property, personal property, credit and secured transactions, agency and employment and bankruptcy. By the end of the course, you will have a basic understanding of the purpose and function of law, and you will know how to research further topics of interest or need. NAU LA3100 Week 1 S. Johnston
  4. 4. TEXTBOOK Business Law Instructional Materials: http://elora.national.edu/res/Files/eBooks/Current/LA3100EIM.pdf Organization of Course LP1: The US Legal System LP2: Torts LP3: Creating a Contract LP4: Enforcing a Contract LP5: The UCC LP6: Business Entities and LP9: Credit LP7: Property LP8: Agency and LP10: Estates NAU LA3100 Week 1 S. Johnston
  5. 5. In Class Participation (ICA) Points: 10 participation points each Collaboration: Group participation is encouraged. Check answers by accessing the testing links provided. Format: Hard copy and online Homework (HW) Points: 20 participation points each Collaboration: Group participation is encouraged. Check answers by accessing the testing links provided. Outlines that are assigned as homework will be anonymously evaluated during class discussion. Format: Hard copy and online Tests (T) Frequency: Most weeks Points: 50 points each Collaboration: Open book/note Format: Hard copy and online NAU LA3100 Week 1 S. Johnston
  6. 6. Midterm (M) Date: Week 6 Points: 100 points Collaboration: Group construct of “Cheat Sheet” is encouraged. Format: Hard copy and online. Cumulative exam over LP1-5. . Final Exam (F) Date: Week 11 Points: 200 points Collaboration: Group construct of “Cheat Sheet” is encouraged. Format: Hard copy and online. Cumulative exam over LP1-10. Project (P) Date: Week 10 Points: 160 points Collaboration: Group participation is required. Format: Written and Oral presentations NAU LA3100 Week 1 S. Johnston
  7. 7. Makeup Tests • Tests are scheduled on 9 of 11 weeks. • Makeup tests must be taken under monitored conditions. • This can be done during my office hour on Wednesdays. • Only two makeup tests are permitted in a term. NAU LA3100 Week 1 S. Johnston
  8. 8. ThinkWave • Secure, online, “green”, cloud-based program. • Access grades, coursework, lectures, links and upload assignments. • More efficient grading (grades updated weekly). NAU LA3100 Week 1 S. Johnston
  9. 9. NAU LA3100 Week 1 S.Johnston Wordpress Web Page • Link to grades, docs, tests and video easily. • www.naula3100.wordpress.com
  10. 10. NAU LA3100 Week 1 S.Johnston Week Reading Assignments Due Week 1 LP1 ICP1 Week 2 LP2 HW1, ICP2, Test 1 Week 3 LP3 HW2, ICP3, Test 2 Week 4 LP4 HW3, ICP4, Test 3 Week 5 LP5 HW4, ICP5, Test 4 Week 6 LPs 1-5 HW5 and Midterm (LP1-5) Week 7 LP6 and LP9 ICP7 Week 8 LP7 HW7, ICP8, Test 7 Week 9 LP8 and LP10 HW8, ICP9, Test 8 Week 10 Project Project Presentations Week 11 LPs 1-10 Final Exam (LP1-10)
  11. 11. LEARNING PLAN 1 The US Legal System
  12. 12. PURPOSE OF A LEGAL SYSTEM Two competing goals:  Prevent chaos  Protect inalienable rights NAU LA3100 Week 1 S. Johnston
  13. 13. PURPOSE OF A LEGAL SYSTEM 1. Promote order and structure 2. Create government 3. Regulate public & private conduct 4. Establish rights 5. Protect individuals & businesses 6. Define obligations 7. Regulate commerce NAU LA3100 Week 1 S. Johnston
  14. 14. BLAW WEEK 1 THE U.S. LEGAL SYSTEM Laws in the United States are created by many different sources, including:  U.S. Constitution  State Constitutions  U.S. Statutes (Code)  State Statutes  Case Law  County, city ordinances, HOAs, etc NAU LA3100 Week 1 S. Johnston
  15. 15. THE US LEGAL SYSTEM  The Constitution divides power among Federal, state, and local authorities.  Those powers are then divided between the Executive, Legislative, and Judicial branches.  Many lower level governmental powers are delegated to government agencies.  Bill of Rights then “checks” governmental power with inalienable rights. NAU LA3100 Week 1 S. Johnston
  16. 16. THE US LEGAL SYSTEM The Constitution amendments and federal laws are superior to all other laws. No state or local law may violate the Constitution or Federal law. (see Supremacy Clause in Article VI of the U.S. Constitution).  When is federal law supreme?  When is state law supreme? NAU LA3100 Week 1 S. Johnston
  17. 17. SOURCES AND HIERARCHY  Common Law v. Codified Law  Civil Law v. Criminal Law  Substantive v. Procedural NAU LA3100 Week 1 S. Johnston
  18. 18. ACCESSING LAWS AND LAWMAKERS Laws and those who influence laws are accessible now more than ever.  How do you research laws?  How do you access lawmakers? NAU LA3100 Week 1 S. Johnston
  19. 19. ADVERSARY PROCESS  In the U.S., the court system can be used to resolve disputes.  The adversary process allows opposing parties to present competing arguments.  Some forum use “friendly proceedings”. NAU LA3100 Week 1 S. Johnston
  20. 20. ADVERSARY PROCESS Burden of Proof  The court system recognizes no “universal” law for dispute resolution, so as to maintain separation of church and state.  Instead, adversarial parties must present evidence for their arguments based upon different burdens of proof: 1. Beyond a reasonable doubt 2. More likely true than not true NAU LA3100 Week 1 S. Johnston
  21. 21. ADVERSARY PROCESS: EVIDENCE NAU LA3100 Week 1 S. Johnston
  22. 22. Business Law Week 1 Course Intro and Learning Plan 1 NAU LA3100 Week 1 S. Johnston

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