what business law course teach you

by Grace Brown 7 min read

A degree in business law will teach you how legal principles apply to private businesses. The core curriculum of a business law major can help you develop general knowledge about business principles, as well as an understanding of the complicated legal issues that influence business transactions.

Business Law examines the role of the law on all aspects of business ownership and management. Throughout the course, students focus on legal ethics, court procedures, torts, contracts, consumer law, property law, employment law, environmental law, and international law.

Full Answer

What do you learn in business law course?

Course Overview. Presented by five legal experts with deep knowledge and experience in both academia and the corporate space, this course introduces you to a range of topics that serve as a foundation for dealing with legal matters in business. You begin with a look at the sources of law, the formation of legal arguments and the growing role of regulatory agencies.

What are Coursera courses in business law?

Apr 17, 2022 · Course Summary Business 103: Introductory Business Law has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. The course contains...

What are the best business law classes for high school students?

10 rows · Nov 06, 2021 · Best + Free Business Law Courses & Classes [2022 MAY] 1. Top Business Law Courses (Coursera) ...

What is the best online course for business law?

Business Organizations. This part of a business law curriculum looks at the laws that structure business partnerships,... Ethics. Legal ethics focuses mostly on how ethical concerns will be raised in the practice of business law. You'll learn... Tax Law. Tax law …

What are the benefits of learning business law?

A basic understanding of business law can help you spot potential legal issues as they come up, make better decisions, and know when to seek legal help.Dec 9, 2021

Which course is best for business law?

What are the best Business law courses available? A. You can either take LLB (3 years) or integrated LLB (UG courses such as BBA, B.Com, BA etc. + LLB).

Can you be a lawyer with a business law degree?

A business law degree is not designed to make you a lawyer, but rather to enable you to safeguard your business and your personal interests.Feb 1, 2021

Is business law a good career?

Working as a corporate lawyer can be a very rewarding and lucrative career path. You have to study for many years, so be prepared for hard work and sacrifice. You will need to get qualified, gain experience, and then continue your professional development and study for your specialism in corporate law.May 14, 2019

What is business law?

Business Law is an intellectually challenging study of the constantly changing legal puzzles that face businesses of all sizes and types. The Program of Study in Business Law prepares law students for a variety of practice areas, including business transactions, commercial litigation, tax, nonprofit law, and more.

What is commercial law?

While corporate law generally deals with the internal affairs of a corporation, commercial law deals with transactions among businesses, with a special emphasis on finance and debtor-creditor relations. Three courses deal with specific areas of the Uniform Commercial Code.

What is business association?

Business Associations deals primarily with the state law of business organization and is the foundational corporate law course. In an ideal sequencing, Securities Regulation (usually offered Spring term) would be the second course for students interested in corporate law. Securities regulation is often considered the federal corporate law, ...

What is the difference between corporate and commercial law?

While corporate law generally deals with the internal affairs of a corporation, commercial law deals with transactions among businesses, with a special emphasis on finance and debtor-creditor relations. Three courses deal with specific areas of the Uniform Commercial Code.

What is bankruptcy law?

The law of bankruptcy deals with debtors-creditor relationships in times of distress. Bankruptcy (offered once per academic year) emphasizes individual debtors and covers the discharge of debts, while Corporate Reorganizations (offered once per academic year) focuses on business reorganizations under Chapter 11 of the Bankruptcy Code.

What is the law of payment systems?

Payment Systems covers Articles 3 through 5, focusing primarily on the law of negotiable instruments. Secured Transactions (usually offered Fall term) covers Article 9, dealing with security interests in property. The law of bankruptcy deals with debtors-creditor relationships in times of distress.

How many hours is Business 103?

Business 103: Introductory Business Law has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. The course contains bite-sized lessons, interactive quizzes and expert instruction. Take the course to save time and money on your degree program.

What to do at the end of each chapter?

At the end of each chapter, you can complete a chapter test to see if you're ready to move on or have some material to review. Once you've completed the entire course, take the practice test and use the study tools in the course to prepare for the proctored final exam.

What is a proctored final exam?

Proctored Final Exam. The proctored final exam is a cumulative test designed to ensure that you've mastered the material in the course. You'll earn points equivalent to the percentage grade you receive on your proctored final. (So if you earn 90% on the final, that's 180 points toward your final grade.)

What are the courses in business law?

Coursera’s courses in Business Law teach you about laws and regulations governing business formation. Corporate & Commercial Law I: Contracts & Employment Law by the University of Illinois examines how business law affects businesses and their operations. European Business Law: Understanding the Fundamentals by Lund University will provide students with an insight into European Business Law. In Duke University’s Financing for Startup Businesses, you will learn how to manage a startup’s financing strategy. Duke University’s FinTech Law and Policy will provide you with an understanding of the laws and regulations applicable to your business.

What is business law?

Business Law provides guidance on compliance with federal and state legal business standards to start and run a business. Administrative law, common law, copyright law, contract law, civil law, case law, real estate law, and labor law, contribute to business law. If you are a law student, sound knowledge in business law can put you at the helm ...

Why is it important to know business law?

If you are a law student, sound knowledge in business law can put you at the helm of helping businesses avert risks, responsibly compete, and grow. As a business owner, knowledge of business law will help you reduce the chances of litigations and limit financial risks.

What is contract law?

Contract Law. Contracts make up a fair amount of the commercial law that business lawyers practice. Business law classes that teach you about contract law will cover the statutes around creating, upholding and breaking or discharging contracts.

What is legal ethics?

Ethics. Legal ethics focuses mostly on how ethical concerns will be raised in the practice of business law. You'll learn about the code of ethics that lawyers uphold and what rights and responsibilities a corporate attorney has when representing a company.

What is tax law?

Tax Law. Tax law is a pretty broad category, and it can encompass a fair number of other disciplines. As it relates to business law, you'll learn about the criminal aspects of tax fraud as well as the tax law that governs corporations and business partnerships.

How much does a lawyer charge per hour?

This process is extremely expensive, with lawyers who charge between $255 to $520 per hour and sometimes much more. This is why it’s easier for corporations to win cases with ordinary citizens.

Is a contract enforceable?

Not all contracts are enforceable. For example, if someone makes a contract with someone else to carry out an illegal transaction and one party doesn’t go through with the agreement, the other party cannot sue because the transaction was illegal to begin with. Some corporations even know that certain parts of a contract aren’t enforceable, ...

Can you sue someone for anything?

You can sue for anything, but that doesn’t mean it has any real merit and will even be heard. Many cases end at the complaint (the very first step to having a civil case heard in court) because they are dismissed for having no merit.

What is business law?

Business law encompasses all of the laws that dictate how to form and run a business. This includes all of the laws that govern how to start, buy, manage and close or sell any type of business. Business laws establish the rules that all businesses should follow. A savvy businessperson will be generally familiar with business laws and know when to seek the advice of a licensed attorney. Business law includes state and federal laws, as well as administrative regulations. Let's take a look at some of the areas included under the umbrella of business law.

What is tort law?

Torts are private, civil actions for wrongful deeds. Tort law is usually state law. This is an extensive area of the law and includes things like work injuries and negligence claims. For example, product liability cases are tort claims.

What is breach of contract?

A breach of contract is when one party doesn't hold up his or her end of the bargain.

What is product liability?

Product liability is the legal responsibility a business incurs when it manufactures, produces or sells a faulty product.

What is the meaning of bankruptcy?

Bankruptcy is a legal term and means that a court has determined that a person or organization cannot repay the debts it owes. The court will govern the repayment of debts and perhaps discharge some of the debts.

How old was Stella Liebeck when she spilled coffee?

McDonald's Restaurants. Seventy-nine-year-old Stella Liebeck purchased a cup of coffee at a McDonald's drive-through. After parking to add cream and sugar, she accidentally spilled the entire cup of coffee in her lap. She suffered third-degree burns and spent eight days in the hospital.

What is the introduction to law?

Introduction to Law is exactly what it says on the tin. This lesson plan discusses historical definitions of law, how law has changed, concepts like social engineering, and legal terminology. Business Law: Crimes is an introduction to what’s considered “crime,” what’s considered “tort,” and more.

What is money instructor?

Money Instructor. Money Instructor is a membership-based organization that’s dedicated to teaching students about finance. That extends to personal financial literacy, life skills, and more. However, Money Instructor also knows that business is a huge area of interest for today’s high school students.

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Foundational Business Courses

  • The most fundamental course in the business law curriculum is Business Associations (usually offered both terms). For many students, it is the first introduction to business matters, and it is taught from this perspective. The course introduces students to the various forms of business organization as well as some of the most basic business concept...
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Advanced Corporate Law Courses

  • Business Associations deals primarily with the state law of business organization and is the foundational corporate law course. In an ideal sequencing, Securities Regulation(usually offered Spring term) would be the second course for students interested in corporate law. Securities regulation is often considered the federal corporate law, and deals with transaction planning an…
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Advanced Tax Law Courses

  • Federal Income Taxation introduces key income tax concepts that apply not only to individuals, who are the focus of that course, but also to businesses. After taking this foundational course, students who plan to practice in business-related areas should take Taxation of Business Enterprises (usually offered Spring term), which addresses directly the federal-income taxation o…
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Advanced Commercial Law (and Related) Courses

  • While corporate law generally deals with the internal affairs of a corporation, commercial law deals with transactions among businesses, with a special emphasis on finance and debtor-creditor relations. Three courses deal with specific areas of the Uniform Commercial Code. Commercial Law – Sales (usually offered Spring term) covers Article 2, dealing with sales …
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Business Law-Related Litigation Courses

  • Students interested in business or commercial litigation should consider taking Evidence as their first-year elective. In an ideal sequencing, during their second year such students would take Business Associations, Federal Income Taxation, Deposition Skills, Trial Advocacy (Comprehensive or Intensive), and Intellectual Property Law Survey. Other recommen…
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Other Advanced Business Courses

  • The following is a list of additional courses which do not fall into the above categories but which are important parts of the business law curriculum. 1. Advanced Real Estate Transactions 2. Banking Law and Financial Institutions 3. Commercial Real Estate Finance 4. Deals 5. Law and the Entrepreneur 6. Mutual Fund Regulation 7. Not-for-Profit Organizations (and the related Not-for-…
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Related Courses

  • The following is a list of related courses which are highly relevant to students interested in the program of study in business law. 1. Complex Civil Litigation 2. Cybersecurity and Data Protection 3. Employee Benefits Law 4. Employment Discrimination Law 5. Eviction Clinic 6. Foreign Corrupt Practices Act 7. Labor and Employment Law 8. Land Use Planning 9. Products Liability 10. Trust…
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Directed Readings

  • For students who want to explore a particular business-related topic in more depth, business law faculty leaders supervise directed readings in their various areas of expertise. While each faculty member determines the specific requirements for directed readings conducted under their supervision, in general such directed readings involve reading more in-depth materials than are c…
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Award For Outstanding Achievement

  • At graduation each year, the business law core faculty select a student who has taken at least six business law courses to receive the Award for Outstanding Achievement in the Program of Study in Business Law based on their business law-related achievements.
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CORE Faculty

  • A number of Notre Dame Law School faculty teach, research, and write in the areas of corporate, tax, and commercial law. In addition, faculty throughout the University teach and research in areas that connect well with the program and whose courses are available to law students. Roger P. Alford Professor of Law Matthew J. Barrett Professor of Law Sadie Blanchard Associate Profes…
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Business Law Major Overview

  • If you want to study business law at the undergraduate level, you can enroll in a Bachelor of Business Administration degree program that offers an emphasis in business law. In this type of program, you'll generally complete about 120 credit hours consisting of a combination of core business courses, major courses in business law or legal studies, business foundation pre-core …
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CORE Business Courses

  • You'll be required to take fundamental business classes if you plan to major in any business or business administration-related field, including business law. These courses provide you with a thorough understanding of basic business principles and help you develop a foundation on which to build your knowledge of business law. Some core business classes that you could take includ…
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CORE Business Law Or Legal Studies Courses

  • In your specialized courses, you'll conduct an in-depth examination of the legal theories, precedents and legislation that affect the business world. You'll learn how the legal system can influence the way a business is structured and operated. You'll likely be allowed a large amount of freedom in customizing your curriculum, since the legal studie...
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Careers After Graduation

  • A degree in business law or business administration with a concentration in business law can prepare you for a number of careers after graduation, including those in industries regulated by the government, administrative and financial support and employee relations. Some jobs you may be able to get include: 1. Loss prevention manager 2. Cost estimator 3. Management analyst 4. …
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