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Business Law Study Guide Essay

1123 words - 5 pages

Week One Student Guide

This week introduces you to the fundamental principles of the legal system, the importance of our Constitution, and an analysis of the court system. The readings in this area cover the concepts that define law and the thoughts that help shape jurisprudence along with its history. The Federal Court, Supreme Court, and the jurisdiction of the courts are also covered. Constitutional law is covered from the perspective of business.

This week also provides an introduction to the various forms of business. Small businesses, entrepreneurs, and general partnerships are explored. You discuss how a corporation is formed and how it can be financed. Finally, you study ...view middle of the document...

2: Court Systems and Jurisdiction

o Introduction to Court Systems and Jurisdiction
o State, District of Columbia, and Territory Court Systems

• Contemporary Environment: Specialized Courts Hear Commercial Disputes

o Federal Court System
o United States Supreme Court

• Contemporary Environment: The Process of Choosing Supreme Court Justices
• Contemporary Environment: “I’ll Take You to the U.S. Supreme Court!”

o Jurisdiction of Federal and State Courts

• Case 2.1 Jurisdiction of Courts: Betram v. Norden, et al.

o Personal Jurisdiction of Courts

• Landmark U.S. Supreme Court Case: International Shoe Company v. State of Washington

o Test Review Terms and Concepts

• Ch. 4: Constitutional Law for Business and E-Commerce

o Introduction to Constitutional Law for Business and E-Commerce
o Constitution of the United States of America
o Supremacy Clause

• U.S. Supreme Court Case 4.1 Supremacy Clause: Rowe, Attorney General of Maine v. New Hampshire Motor Transport Association

o Commerce Clause

• U.S. Supreme Court Case 4.2 Foreign Commerce: Crosby, Secretary of Administration and Finance v. National Foreign Trade Council
• Landmark U.S. Supreme Court Case: Heart of Atlanta Motel v. United States
• Internet Law & Online Commerce: E-Commerce and the Commerce Clause

o Bill of Rights
o Freedom of Speech

• Case 4.3 Commercial Speech Mainstream Marketing Services, Inc. v. Federal Trade Commission and Federal Communications Commission
• Internet Law & Online Commerce: Broad Free Speech Rights Granted in Cyberspace

o Freedom of Religion
o Equal Protection Clause
o Due Process Clauses
o Privileges and Immunities Clause

OBJECTIVE: Differentiate between the legal forms of business.

Resources: Ch. 34–36, 39, & 40 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International Issues

Content

• Ch. 34: Small Businesses, Entrepreneurs, and General Partnerships

o Introduction to Small Business, Entrepreneurs, and General Partnerships
o Entrepreneurship

• Contemporary Environment: Entrepreneurship: The Founding of Facebook

o Sole Proprietorship

• Contemporary Environment: d.b.a.–“Doing Business As”
• Case 34.1 Sole Proprietorship: Vernon v. Schuster, d/b/a Diversity Heating and Plumbing

o General Partnership

• Landmark Law: Uniform Partnership Act (UPA)

o Rights of General Partners
o Duties of General Partners

• Contemporary Environment: Right to an Accounting

o Liability of General Partners

• Case 34.2 Tort Liability of General Partners: Zuckerman v. Antenucci

o Dissolution of a General Partnership

• Contemporary Environment: Right of Survivorship

• Ch. 35: Limited Partnerships...

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