COB 318. Legal and Ethical Environment of Business

Credits 3.00 PeopleSoft Course ID 000505

A study of the law as a means of social, political and economic change. The course focuses on the law in positive leadership development and organizational success. The course has two main goals: To develop leaders who are able to achieve success by understanding the legal and ethical aspects of their business responsibilities and to show how organizations can achieve competitive advantage by reducing legal risk and using the law to create economic value, while also encouraging responsible conduct. The course examines legal and ethical issues that every businessperson should understand to make sound business decisions in a global environment. It provides an overview of the legal system, the nature and uses of law, ethical decision-making frameworks, business organizations and agency, contract law, torts and the law of product liability, criminal law, the regulatory environment, intellectual property, employment law, securities law, and mergers and acquisitions law. Prerequisite: COB 300. Corequisite: COB 300.