Traces history and development of the judicial system and creation of various administrative agencies that affect the legal environment of business. Principles of labor-management, consumer, antitrust and environmental law are discussed and analyzed through the use of cases and problems. Special emphasis is on the impact of administrative law in the business world. Introduction to our Anglo-American system of law, tracing its sources, history and development. Principles of the law of contracts, commercial paper, and sales are discussed and analyzed through the use of the Uniform Commercial Code, cases and problems.
Special emphasis is on the law and business relationships.
II 5 credit hours Principles of the law of agency, partnerships, corporations, wills, trusts and real property are discussed and analyzed through the use of the Model Corporation Act, the Illinois Business Corporation Act, cases and problems. Special emphasis is on the law and business relationships. 100 Supervision 3 credit hours Sets forth the supervisor's responsibilities, problems, challenges and opportunities from the management perspective. Introduction to the materials acquisition process in industry and non-profit organizations. Topics include structure, tools and techniques for purchasing agents.