Business Law – Legal Environment of Business (BLDP)

Pre-requistes:

None

Knowledge Level:

Overview

Major Topics:

• Selected legal issues with tax analysis
• Liquidation
• Reorganization
• Wage-earner plan
• Deferred annuity

Learning Objectives:

• Recognize the basic concepts of law.
• Recognize elements of the court system in the United States.
• Recognize the definition and the elements of different crimes.
• Identify different characteristics of contracts and offers.
• Recognize the valid use of e-signatures.
• Recognize the conditions of an acceptance of a contract.
• Understand the definition of fraud.
• Recognize the relationship between a promise and consideration.
• Recognize the definition of the capacity of parties
• Identify situations that produce illegality.
• Recognize the obligations in a collateral contract.
• Identify terms of assignor’s liability.
• Identify the conditions of a performance.
• Recognize examples of damages and remedies.
• Recognize the process of creation of a relationship.
• Identify the relation of principal to agent and an agent to a third person.
• Identify the characteristics of a partnership.
• Recognize the process of dissolution of the partnership.
• Identify the purpose of the articles of incorporation.
• Recognize different entities that may be a corporation.
• Recognize operational requirements of a corporation.
• Recognize laws used to protect investors.

Designed For:

The person preparing for a CPA examination, the participant in an executive development program, and to the businessperson or ordinary citizen seeking a review or greater knowledge of business law