Genesee Community College

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Genesee Course Catalog

Official Course Information

Fall 2012
Please select a Course Section from the List below or use the Search box on the right if you know the Title.

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Business Administration Courses:

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BUS206 - Business Law 2
Credits: 3

Catalog Description: Studies the law of personal property and bailments; real property; landlord and tenants; wills, trusts and estates; negotiable instruments; insurance; secured transactions; bankruptcy; principal and agency; employment; sole proprietorships, partnerships and corporations; and professional liability. Prerequisite: BUS 205.

Lecture: 3 hrs.

Course Student Learning Outcomes (CSLOs):
Upon the successful completion of this course, as document by exams, written papers or oral presentations, students will be able to:
1. Discuss the law of personal property as it relates to title ownership, abandoned property, stolen property and gifted property.

2. Demonstrate knowledge of the law of bailments.

3. Explain the three (3) essential aspects of intellectual property.

4. Explain the key terms of real property law, including types of ownership, methods of conveyance and landlord/tenant rights and duties.

5. Explain the essential elements and terminology of the law of wills, estates and trusts.

6. Demonstrate knowledge of the basic workings of Chapter 7, 11, 12 and 13 of the Bankruptcy Code.

7. Distinguish between mortgages, secured transactions and unsecured debt instruments.

*8. Explain the key feature of principal/agency law and its relationship to tort law.

*9. Distinguish between at least five (5) types of business organizations, including sole proprietorships, general partnerships, limited partnerships, corporations and limited liability companies.

10. Demonstrate knowledge of professional liability and how this area of law applies to at least three (3) different professions.

*These course objectives have been identified as student learning outcomes that must be formally assumed as part of the College's Comprehension Assessment Plan. All faculty teaching this course must collect the required data and submit the required analysis and documentation at the conclusion of the semester to the Office of Assessment and Special Projects.

Content Outline:
TOPICS COVERED

I. Personal Property
II. Bailments
III. Real Property
IV. Landlord Tenant
V. Commercial Paper
VI. Bank Deposits
VII. Insurance Contracts
VIII. Secured Transactions
IX. Bankruptcy
X. Principal & Agency
XI. Employment Law
XII. Business Organizations
XIII. Professional Liability
XIV. Alternate Dispute Resolution
XV. International Law



Effective Term: Fall 2004