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Course Catalog
Basic Business Concepts (3)
Basic Business Concepts (BBC), a first year day elective course, is designed to provide an introduction to ideas and methods that apply across many different areas of business law. BBC is also intended to provide a survey of the various areas of business practice and their interconnections. BBC is especially appropriate for students who are thinking about a concentration in business law or who are simply curious about business practice. It is neither a prerequisite nor a substitute for higher level business law courses, nor is it intended to be a remedial course. Nevertheless, BBC may be appropriate for students who seek an introduction to or review of basic financial concepts. The course begins with analysis of a simple transaction (the purchase of a house) and proceeds then to consider a commercial real estate venture, the formation of a business, selected problems of doing business, and the final disposition of the business. Additional segments will address investing and financial planning and the practice of business law. Individual class sessions will be taught by various faculty members and guest speakers. Topics to be covered include debt and equity, accounting and financial statements, mortgages and security interests, risk and return, taxation, insurance, discounting and present value, leverage, insolvency and bankruptcy, agency and employment law, forms of organization, partnership and corporation law, sources of finance, going public, securities law, financial reporting, financial markets, sale of a business, and mergers and acquisitions. In addition, the course may also touch on sales, commercial paper, secured transactions, intellectual property, antitrust, and international business transactions.
Current & Previous Instructors:
| This course is not currently scheduled. |
Key to Codes in Course Descriptions
P: PrerequisiteC: Prerequisite or Concurrent Requirement
R: Recommended Prior or Concurrent Course
