Asi Son Las Cosas

This course prepares students to evaluate the legal risks associated with business activity. Students will create proposals to manage an organization’s legal exposure. Other topics include the legal system, alternative dispute resolution, enterprise liability, product liability, international law, business risks, intellectual property, legal forms of business, and governance.

TOPICS AND OBJECTIVES

Legal Systems of Business

• Explain traditional litigation and its application to business transactions.

• Create an alternative dispute resolution best suited to a common business issue.

• Describe how the legal system functions to resolve business problems.

Tort and Regulatory Risk

• Propose actions a company can take to avoid tort liability and litigation.

• Propose actions a company can take to avoid product liability risk.

• Assess methods for managing legal risk arising out of domestic and international regulatory matters.

Contract Risk and Opportunities

• Analyze legal risk issues arising out of contract formation, performance, and remedies.

• Evaluate measures business leaders can take to avoid risk in transactions.

• Explain transaction risk arising in unique environments.

Risk in the Employment Relationship

• Analyze legal risk arising out of wrongful discharge.

• Evaluate legal risk associated with employment discrimination and harassment.

• Evaluate the regulatory and compliance requirements related to employment and benefits.

Risk Arising in Tangible Property and Intellectual Property

• Propose methods for managing legal risk involving tangible property.

• Design plans for protecting business intellectual property.

• Propose methods to avoid liability arising from violating the property rights of others.

Business Forms and Governance

• Compare and contrast the legal forms of business.

• Analyze who Sarbanes-Oxley applies to and how it applies.

• Design plans for managing the legal liability of officers and directors.