Click on the following items for more information about
LS 576/776:
212 Brooks Hall
Office Hours: 10:00-11:30 am
Mondays and Wednesdays
or by appointment
Telephone: 542-3804
This course is designed as the second Business Law course in your curriculum. LS 470 is considered the first course in this sequence. While we strongly recommend that you view LS 470 as a prerequisite to this course, students have succeeded in this course without having LS 470. Please let me know if you are interested in continuing in this course without having taken LS 470.
The topics we cover in this course can be divided into three basic groups -- (1) Commercial Paper, (2) The Creditor/Debtor Relationship, and (3) Business Organizations. We will cover the material in this order.
We will use Modern Business Law by Dunfee, et al. Each chapter in this book consists of general text, court cases, and review questions. Your preparation, by reading the relevant general text and cases, prior to class will help you feel comfortable in participating in the classroom discussion. While we generally will not use class time to go over the review questions, your use of these problems should enhance your confidence that you are learning the material. Use of the newsgroup is encouraged regarding suggested answers to the review questions.
I anticipate that this class will involve productive and constructive dialogue among you, your classmates, and me. To enhance this interactive nature, a newsgroup has been established for our use. Through regular use of this newsgroup, we should be able to optimize the use of class time. I hope that group projects will be an important part of this class as well. Reports of the various groups can be distributed via the newsgroup as a means of sharing information with others. To access the newsgroup for our class, click here.
There will be four (4) exams in this course. Three will be given during
the class period indicated below, and they will count for sixty-five percent
(65%) of your course grade. The final exam will be comprehensive and will
count thirty-five percent (35%) of your course grade. Exams #1 and #3 will
consist of essay/short-answer questions. Part 1 of Exam #2 also will be
of a similar format. Part 2 of Exam #2 and the Final Exam will be made
up of multiple choice questions.
CLASS RULES:
(1) After they are graded, the essay/short-answers exams will
be returned to you and you may keep these. Part 2 of Exam #2 must be turned
in and cannot be removed from the room. If you fail to return this exam
by the end of class, you will be subject to the disciplinary procedures
of the University's Academic Affairs Office. (2) If you are absent when
an exam is given, you may make up the exam only if you have notified me
that you would be absent and you take the exam before the beginning of
the next scheduled class meeting.
We will meet from 12:10 until 2:05 on Monday and Wednesday afternooons
and from 12:10 until 1:00 on Friday afternoons. We will meet in Sanford
Hall, Room 212. We will make every attempt to cover the material on the
following schedule:
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Priorities
Among Interest Holders and Rights and Duties on Debtors' Default