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PARA 1150 - Contracts, Commercial Law and Business Organizations (3-0-3)

Introduces the student to the basic concepts of legal rules commonly applicable in commercial settings, to the basic concepts of substantive

contract law and to the formulation and operation of sole proprietorships, general partnerships, limited partnerships, and corporations.

Additionally, the course explores the basic concepts of agency law. Topics include Constitutional law and its impact on business, the essential

elements of a contract and related legal principles and the Uniform Commercial Code, sole proprietorships, partnerships, professional associations and other business organizations, corporations and tax implications of different organizations.

Prerequisites: PARA 1100 passing grade of C or better

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