what is business law course

by Jayne Rutherford 7 min read

Masters of Business Law (M.B.L) is a post-graduate civil law program that offers knowledge about the commercial elements of law and along with essential business skills. The main aim of the program is to familiarise students with the various aspects of civil 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.

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What are the requirements for a business law degree?

13 rows · Sep 13, 2021 · Manashjyoti Hazarika Manager Content. Business Law is a law specialisation which is also ...

What are the basic principles of Business Law?

Apr 24, 2013 · Business law is a wide-ranging area of the law. When we talk about business law, we're talking about the laws that cover every aspect of starting, running and closing a business.

How to write successful course descriptions?

Apr 17, 2022 · The course objective is to explore the history of constitutional law and learn about employment and international business law. Grading Policy Your grade for this course will be calculated out of ...

What are the best business courses?

Business law is a wide-ranging subject covering all of the legal requirements a company must follow throughout its life-cycle. This may include laws and regulations governing business formation, funding, and ongoing operations and corporate governance. Ensuring compliance with all applicable laws is an important component of business risk management, and these laws …

What will you learn in business law?

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.

What's Business Law about?

Business law is a section of code that is involved in protecting liberties and rights, maintaining orders, resolving disputes, and establishing standards for the business concerns and their dealings with government agencies and individuals.

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).

What are 3 types of business law?

What Are the Different Types of Business Law?
  • Taxes. Some businesses need a business lawyer with tax experience to help them figure out their various tax obligations. ...
  • Employment Law. This section of business law deals with ensuring employees get fair treatment in workplaces. ...
  • Contracts. ...
  • Intellectual Property. ...
  • Bankruptcy.

Is business law a good career?

This is a very reputed and respected field of law and needs the candidate to be hardworking, competitive and thorough with Business Law and related areas such as Financial Law, Compliance, Diligence, Human Rights, Environmental Law, Investment Law, Insurance Law, IP Laws, Constitutional Law and International Trade Law.Jun 16, 2020

Why do we study business law?

Business Laws Protect The Public

Studying and practicing business law is not just about accepting business entities as clients. It can also mean providing expertise and lawful opinions regarding the public and their relationship to businesses. As business owners, you may sue or get sued.
Aug 16, 2021

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

What are the types of business law?

Business law consists of many different areas taught in the law school and business school curricula, including: Contracts, the law of Corporations and other Business Organizations, Securities Law, Intellectual Property, Antitrust, Secured Transactions, Commercial Paper, Income Tax, Pensions & Benefits, Trusts & ...

What is business law, and why is it important to write about?

Business law is a wide-ranging subject covering all of the legal requirements a company must follow throughout its life-cycle. This may include law...

What kinds of careers can I have with a background in business law?

Business law impacts all areas of a company, but roles in certain departments are particularly important for ensuring compliance. Financial manager...

Can I learn about business law by taking online courses on Coursera?

Absolutely. Coursera offers courses and Specialization in business law and related topics like corporate law, intellectual property, and regulatory...

What skills or experience do I need to already have, before starting to learn business law?

The skills and experience you might need to already have before starting to learn business law include critical reading, writing, and analytical th...

What kind of people are best suited for roles in business law?

Those best suited for roles in business law tend to be inquisitive, willing to adapt to changes within an organization, and genuinely interested in...

How do I know if learning business law is right for me?

Learning about business law may be right for you if you're passionate about negotiating deals, interpreting laws and regulations, and preparing leg...

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 does it mean to enroll in a course?

Enrolling in a course lets you earn progress by passing quizzes and exams.

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 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.

What is debt collection law?

This is a debt collection law question. Debt collection laws are mostly federal laws. For instance, many of our debt collection laws are found in the Fair Debt Collection Practices Act, or the FDCPA, which is enforced by the Federal Trade Commission.

What is breach of contract?

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

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To unlock this lesson you must be a Study.com Member.

What is the most fundamental business law course?

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 ...

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 the other foundational course?

The other foundational course is Federal Income Taxation (usually offered both terms). The course introduces students to basic tax concepts that are important for both business and personal tax planning. Once a student has taken the foundational courses, he or she is ready for any other advanced course.

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 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.

How many seminars are there in corporate law?

There are currently six seminars offered in the area of corporate law. Advanced Topics in Corporate Law focuses largely on contemporary as well as perennial issues in corporate governance. Corporate Compliance and Ethics and Global Compliance Survey address the growing area of compliance and risk management at businesses. Corporate Governance: Economic Analysis examines some of the most important and timely policy issues concerning the functioning of corporations generally and the means for obtaining their efficient management more specifically. Law and Economics (usually offered once per academic year) provides an introduction to the economic analysis of law a forum for investigating ongoing research in law and economics. Finally, the Seminar on Issues in Venture Capital Financings and Initial Public Offerings surveys key issues and documents relating to the law, economics, and structure of venture capital financing deals and IPOs.

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, ...

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.

Is Business 103 a prerequisite?

Prerequisites. There are no prerequisites for this course. Course Format. Business 103 consists of short video lessons that are organized into topical chapters. Each video is approximately 5-10 minutes in length and comes with a quick quiz to help you measure your learning. The course is completely self-paced.

What is business law?

Business Law (also known as corporate law) refers all areas of law involved in starting and running a business in compliance with federal and state legal business standards. Business Law draws on a wide range of legal disciplines including administrative law, business law, common law, civil law, copyright law, contract law, real estate law, ...

How does business law help a business?

Thoughtful legal limit financial risk and reduce chances of litigation. Practitioners in employment law and business contract law help companies grow properly. New agreements must be properly reviewed to avoid commercial litigation that can stem from a breach of business contracts. Depending on the industry, specialties in international law and environmental law may be required as well.

How much do business lawyers make?

According to the Bureau of Labor Statistics (BLS), lawyers employed in the management of companies and enterprises earned a mean annual wage of $175,930.

Why do we need a practitioner in employment law?

Practitioners in employment law and business contract law help companies grow properly. New agreements must be properly reviewed to avoid commercial litigation that can stem from a breach of business contracts. Depending on the industry, specialties in international law and environmental law may be required as well.

What is business law?

Business law is a subdiscipline of business that covers the system of rules governing the formation and operation of a business. It focuses on preventing problems that may hinder a business or cause legal disputes.

Is it possible to get a business law degree online?

If you’re an aspiring entrepreneur or corporate executive, a business law degree online may be an ideal fit for you. This innovative, transdisciplinary program provides a strong business foundation coupled with legal expertise. As a business law major, you’ll prepare for a variety of professions in which business and law play an important role. You’ll also gain a systematic framework for analyzing legal regulation and corresponding business risks and liabilities.

Why is it important for businesses to follow the law?

It’s important for business owners, managers, and other professionals to have a basic understanding of business law to help them make better decisions. Just as there are laws that apply to people, there is a huge body of law that applies to business. Businesses need these laws for the same reasons ...

What can a business do?

A business can buy and sell property, sue and be sued, enter into contracts, hire and fire employees, and even commit crimes.

How long is a Master of Business Law?

Master of Business Law (M.B.L) is a 2 year course.

What is MBA law?

MBA Law is a master degree where students can learn all about Business Administration and get a fundamental understanding of law. There is a growing need for colleges that offer this degree to prepare business leaders and managers who have good knowledge of law. I want admission in Master of Business Law (M.B.L).

What is the CAF number for masters in business law?

If you are interested in admission to the Master of Business Law program then you can fill our Common Application Form (CAF) or you can call on our toll-free number 1800-572-9877.

What is a M.B.L.?

Masters of Business Law (M.B.L) is a post-graduate civil law program that offers knowledge about the commercial elements of law and along with essential business skills. The main aim of the program is to familiarise students with the various aspects of civil law.

Does MBA have a focus on law?

Yes, some colleges have started offering MBA programme with a special focus on Law . MBA Law is a master degree where students can learn all about Business Administration and get a fundamental understanding of law. There is a growing need for colleges that offer this degree to prepare business leaders and managers who have good knowledge of law.

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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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