James Madison University
College of Business

Bachelor of Business Administration

BBA Degree Requirements

BBA Prerequisite Courses

General Education Clusters

B.B.A. core learning objectives

COB 191 Learning Objectives

ECON 201/GECON 200 Learning Objectives

COB 204 Learning Objectives

COB 202 Learning Objectives

COB 218 Learning Objectives

COB 241-242 Learning Objectives

COB 291 Learning Objectives

COB 300 Learning Objectives

COB 487 Learning Objectives

COB 218 Learning Objectives

COB 218

Learning Objectives
COB 218,
Legal Environment of Business

Upon completion of COB 218, the student will be able to:
1. Ethics and Basic Legal Concepts
  • Define law and compare law with ethics
  • Describe the difference between Common law and Civil law.
  • Define the role of precedent and the doctrine of stare decisis
  • Understand the source of law in the US
2. Intellectual Property Rights and Cyberspace Law
  • Describe how an invention can be patented under federal patent laws and be able to apply the public use doctrine.
  • Describe the penalties for patent infringement.
  • List what writings can be copyrighted
  • Describe the term of protection provided by federal copyright law, and be able to apply the fair use doctrine.
  • Describe the penalties for copyright infringement.
  • Describe the legal rights that computer and software designers have in their works.
  • Define trademarks and service marks and describe how these are registered.
  • Be able to apply the generic name doctrine.
  • Describe the penalties for trademark infringement.
3. Judicial and Alternative Dispute Resolution
  • Describe subject matter and in personam jurisdiction.
  • Describe the federal and state court systems.
  • Explain the jurisdiction of federal courts and how a case reaches the US Supreme Court.
  • Explain the use of arbitration and other nonjudicial methods of alternative dispute resolution.
4. International Law and Dispute Resolution
  • List and describe the sources of international law.
  • Explain the principle of comity.
  • Describe choice of law and forum-selection clauses.
  • Describe the act of state doctrine and doctrine of sovereign immunity.
5. Contract Formation and Commercial Law
  • Describe the act of state doctrine and doctrine of sovereign immunity.
  • List and define the elements necessary to form a valid contract.
  • Describe and distinguish between express implied-in-fact and implied-in-law contracts.
  • Describe and distinguish among valid, void, voidable, and unenforceable contracts.
  • Define sales contracts governed by Article 2 of the UCC.
  • Describe assignment of contracts and what contract rights are assignable.
6. Constitutional and Administrative Law
  • Describe the concept of federalism and the doctrine of separation of powers.
  • Define and apply the Supremacy Clause of the US Constitution.
  • Explain the federal government's authority to regulate the foreign and interstate commerce.
  • Describe the state and local government's authority to regulate commerce under their "police power."
  • Explain how civil rights are protected by the Bill of Rights.
  • Describe substantive and procedural due process of law.
  • Explain the doctrine of equal protection of the law.
  • Define and describe the functions of administrative agencies.
7. Contract Performance and International Trade
  • Explain genuineness of assent, fraud, writing requirements, and impossibility of performance.
  • Describe compensatory, consequential, and liquidated damages and the equitable remedies of specific performance, quasi-contract, and injunction.
  • Describe how letters of credit are used to facilitate international trade.
  • Describe the United Nations Convention on Contracts for the International Sale of Goods (CISG).
8. Equal Opportunity in Employment
  • Define affirmative action and explain why it was implemented.
  • Explain the laws that prohibit discrimination based upon race, creed, color, religion, gender, national origin, age, sexual orientation and disability.
  • Explain sexual harassment.
  • Define and explain the business necessity, seniority, and bonafide occupational qualification defenses to a discrimination lawsuit.
  • List and describe the remedies for violations of equal employment opportunity laws.
9. Intentional Torts, Negligence, Strict Liability, Product Liability
  • List and describe the elements necessary to prove product liability.
  • List and describe the elements necessary to prove the intentional torts against persons and against property.
  • List and describe the elements necessary to prove negligence and strict liability.
  • List and describe the defense to tort liability and to product liability lawsuits.
  • Describe the Magnuson-Moss Warranty Act.
  • List and describe damages recoverable in tort and product liability lawsuits.
10. Consumer Protection
  • Describe government protection in the regulation of food, drugs, cosmetics, and medicinal devices.
  • Describe government food labeling and packaging requirements.
  • Identify unfair/deceptive advertising and the role of the Federal Trade Commission in the enforcing rules related to it.
  • Describe the primary statutes for protecting consumer credit.
11. Antitrust Law
  • Describe the concept of activities in restraint of trade and identify the major items in this area.
  • Apply the rule of reason and the per se rule to idenfify unreasonable restraints of trade
  • Describe why monopolies and attempts to monopolize are illegal in the US.
  • Describe defenses available to businesses to charges of antitrust violations.
  • Explain price fixing and price discrimination and the defense of "meeting the competition."
  • List and explain the civil and criminal penalties for violating antitrust laws.
12. Environmental Protection
  • Describe the Clean Air and Clean Water Act
  • Explain how environmental laws affect the storage, transport, and disposal of toxic/hazardous waste.
  • Describe the Endangered Species Act and its impact on business.
  • List and explain the civil and criminal penalties for violating environmental laws.
13. Business Organizations
  • Describe and distinguish sole proprietorships, general partnerships, limited partnerships, and corporations in the following ways: creating capital, liability, taxation, and management control.
  • Explain the contract and tort liability of partners, limited partners, officers, and shareholders.
  • Describe limited liability corporations and franchise arrangements.
  • Describe the duties required of partners in a general partnership and limited partnership.
  • Describe the rights and duties of shareholders, directors, and officers in managing the affairs of a corporation.
  • Describe the process for approving a merger or consolidation and the rights of dissenting shareholders.
  • Define tender offers, poison pills, white knight mergers and greenmail.
14. Credit Transactions, Negotiable Instruments, and Bankruptcy
  • Recognize different types of negotiable instruments, including drafts, promissory notes, check, and certificates of deposit.
  • Distinguish between unsecured and secured credit.
  • Define creditors' rights of attachment, execution, and garnishment.
  • Describe the procedure for filing bankruptcy including liquidation.
  • Describe the procedure for filing for bankruptcy including liquidation, business reorganization, and debt adjustment.
15. Employment/Labor and Worker Safety Laws
  • Describe the unionization process.
  • Explain what consititutes illegal interference with union activities and the consequences of such actions.
  • Describe collective bargaining.
  • Explain the concept of "right to work."
  • Define worker's compensation and unemployment insurance.
  • Describe the impact of OSHA and its' regulations on the workplace.
  • Describe the Immigration and Control Act and compliance requirement.
16. Agency
  • Define agency
  • Distinguish between employer/employee, principal/agent, and independent contractor.
  • List and describe the duties of agents and principals to each other.
  • Define the concept of respondent superior and explain employer/principal responsibility for the tortuous conduct of an employee agent.
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   Last Modified: 1/25/2007