BPA 253 - Business Law 1

3 credit hours - Three hours weekly; one term.
Study basic principles of law and their impact on common business transactions. Explore sources of law, the judicial system, a wrongdoer’s liability for harm to society (crimes) and to the injured party (torts), the formation and performance of contracts, the ownership and transfer of personal and real property, principals and their agents and factors to be considered in choosing the form of a business (partnerships and corporations) to be organized. Lab fee $5.

Crosslisted: Also offered as BPA 253H, LGS 253, and LGS 253H; credit is not given for BPA 253 and also BPA 253H, LGS 253, or LGS 253H.