The Legal Environment of Business
A business manager’s strategic decision making is affected by the laws and regulations that have been designed and promulgated to control the behavior of commercial activity. Students in the Legal Environment of Business will examine the laws which are relevant to the daily and long term planning of a business. An understanding of the legal system and judicial process will be developed throughout the semester. The substantive material will be presented in a manner which encourages critical legal analysis. The structure of the class will be comprised of four units, each covering multiple topics of law relevant to understanding the legal environment in which businesses—and those who work for them, lead them, and create them—operate. Unit One focuses on interactions with the legal system by introducing you to the basics of American law and how the federal courts work. Unit Two covers the laws relating to creating and maintaining a business, as well as the various business structures legally available to an entrepreneur. Unit Three, dives into legally significant interactions between businesses and other businesses as well as people and businesses. Finally, Unit Four concentrates on governmental regulation of business.
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