BAB231 - Introduction to Business Law

Outline information
Semester
Schools offering this subject
Last revision date May 25, 2020 12:08:38 AM
Last review date Jul 6, 2020 3:43:05 PM

Subject Title
Introduction to Business Law

Subject Description
This course is an introductory survey of the legal issues that frequently arise in a business setting with emphasis on the financial services industry, human resources, and accounting and other professional services. Topics covered may include: the structure and process of Canadian legal and court systems, contracts,the law of torts (particularly negligence and professional responsibility), forms of business organization, agency, professional services, property law (personal, real, and intellectual), banking, the legal aspects of credit, and employment law. The purpose of the course is to enhance the students' decision-making ability with respect to various business transactions, to aid in the legal planning related to business and to help identify, manage and control legal issues that arrise in a business setting having regard to ethical considerations.

Credit Status
One credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Discover and analyze the structure and process of the Canadian legal system.

2. Identify and assess examples of contractual and non-contractual liability in business transactions and other related situations.

3. Compile and review key concepts and clauses in business contracts.

4. Demonstrate the importance of legal planning when starting and operating a business.

5. Exhibit an understanding of the relevant legal and statutory provisions related to their industry/sector and appreciate the importance of keeping informed of any changes in this area.6. Evaluate areas of legal risk in a business setting with particular emphasis on contract and negligence law.

7. Apply the methods used in the analysis of legal problems and case studies with particular emphasis on the financial services industry, human resources, and various professions.

8. Integrate analytical skills and logical problem solving techniques through the use of sample problems, case studies, tests, and assignments.

9. Combine theoretical concepts with people skills by working effectively in task oriented teams.

10. Utilize presentation skills together with organizational abilities to create effective group presentations.

11. Employ risk management tools as they would apply in a financial services and human resources settings having regard to ethical considerations.

Information Literacy Learning Outcomes

Information literacy can be defined as the ability to "recognize when information is needed and have the ability to locate, evaluate, and use effectively the needed information." (American Library Association. Presidential Committee on Information Literacy. Final Report.(Chicago: American Library Association, 1989.) As information literacy is becoming an increasingly important skill set, six units have been embedded across the eight semesters of curriculum of all business degree programs. These units will ensure that all degree graduates are information literate and that in a variety of career and personal situations are able to:

- Determine the extent of information needed
- Access the needed information effectively and efficiently
- Evaluate information and its sources critically
- Incorporate selected information into one?s knowledge base
- Use information effectively to accomplish a specific purpose
- Understand the economic, legal, and social issues surrounding the use of information, and access and use information ethically and legally
(Association of College and Research Libraries http://www.ala.org/ala/mgrps/divs/acrl/standards/informationliteracycompetency.cfm)

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Execute mathematical operations accurately.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Locate, select, organize, and document information using appropriate technology and information systems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.