2025-2026 Undergraduate Catalog

BUSN 316 Business Law II

This course is a continuation of Business Law I. Topics include contracts for the sale of goods, negotiable instruments, secured transactions, creditors' rights, bankruptcy, partnerships, and corporations. 

Credits

3

Prerequisite

BUSN 315

Offered

Spring

Student Learning Outcomes

  1. Demonstrate knowledge of the creation and function of negotiable instruments and how they are transferred
  2. Define holder in due course
  3. Understand checks and banking in the digital age
  4. Explain secured transactions and creditors' rights and remedies and bankruptcy
  5. Recognize the duties and obligations of agents and principals in an agency arrangement
  6. Explain common employment and labor laws and laws prohibiting employment and discrimination
  7. Contrast between sole proprietorships, partnerships, limited liability companies, and corporations
  8. Discuss government regulation as it relates to administrative law, consumer law, environmental law, and anti-trust law