What You’ll Learn in BUS-FPX3002: Business Law

What You’ll Learn in BUS-FPX3002: Business Law

BUS-FPX3002 introduces key legal concepts that every business professional needs to know, including contracts, torts, agency law, intellectual property, and employment law. Students will explore how laws and regulations influence business operations and how businesses can protect their interests while complying with legal requirements.

Key Topics Covered in BUS-FPX3002: Business Law

The course includes a comprehensive study of the following topics:

  • Contracts and Contract Law: Learn the elements of a contract, including offer, acceptance, and consideration, and how contracts are enforced in a business context.

  • Torts and Civil Liability: Explore tort law and how businesses can be held responsible for wrongful acts or negligence.

  • Agency Law: Understand the legal relationship between business owners, their agents, and third parties.

  • Intellectual Property Law: Gain an overview of copyright, trademark, and patent laws and their relevance to businesses.

  • Business Ethics and Compliance: Discuss the ethical responsibilities of businesses in relation to consumer protection, labor laws, and corporate governance.

Learning Objectives of BUS-FPX3002: Business Law

In this course, you will:

  • Understand the major legal frameworks that govern business transactions.

  • Analyze how various laws, such as contract law, intellectual property law, and employment law, impact business decisions.

  • Learn how to identify legal risks and apply preventative strategies to protect a business from litigation.

  • Develop the ability to navigate business legal issues while ensuring compliance with applicable laws and regulations.

Who Should Take BUS-FPX3002: Business Law?

BUS-FPX3002 is essential for students pursuing a business degree who want to deepen their understanding of the legal environment in which businesses operate. It is particularly beneficial for:

  • Business Administration Students: Individuals who aim to pursue leadership positions in business should understand the legal aspects of running an organization.

  • Entrepreneurs and Small Business Owners: Those planning to start or manage their own businesses need to grasp legal requirements such as contracts, liability, and intellectual property.

  • Professionals in Compliance or Risk Management: Those in roles that require legal knowledge, such as compliance officers or risk managers, will benefit from the course’s focus on minimizing legal risks.