Law for Businesses

Course Code
BL 302

Hours
3 hours
Type
Elective
Offered
W25
Prerequisites
(Non-Ross Junior or Non-Ross Senior or Business Minor) and (No credit in BL 300, 305, or 306)

Law for Businesses --- This course is designed to provide a foundation in business law for BBA minors and non-Ross undergraduate students. It focuses on the role of law in positive leadership development and organizational success. The course has two main goals: (1) to develop legally savvy leaders who are able to achieve career success by understanding the legal and ethical aspects of their business responsibilities and (2) to show how organizations can achieve competitive advantage by reducing legal risk and using the law to create economic value, while also encouraging responsible conduct. It provides an overview of the legal system, the nature and uses of law, ethical decision-making frameworks, business organizations and agency law, contract law, torts and the law of product liability, criminal law, the regulatory environment, intellectual property, employment law, securities law and mergers and acquisitions law.