59-601 Legal, Social and Ethical Foundations for Business

This course examines some important areas of law governing behavior in the business community. Students develop an understanding of how policy considerations and social and ethical values become articulated in specific legal terminology. Topics covered include contract law, regulatory law, sales law, paper law, corporation law, agency and employment, environment and community planning, consumer protection and ethical considerations. Note: Students who have completed undergraduate courses in Business Law I and Business Law II with a grade of B or higher in both may waive this course and substitute another course in the MBA program from Phase III.