
This course provides an understanding of the legal principles and regulations that govern business operations, commercial transactions, and corporate responsibilities. It equips students with knowledge of their legal rights and obligations in the business environment, helping them navigate legal risks and ensure compliance with applicable laws.
The course will take six months in a flexible and blended way.
You will be expected to:
1. Understand Legal Foundations
- Define and explain key concepts of business law.
- Identify the sources of business law and apply them in business operations.
- Distinguish between different branches of law (e.g., contract law, company law, employment law).
2. Apply Contract Law
- Understand the essential elements of a valid contract.
- Identify different types of contracts and determine their enforceability.
- Analyze cases of contract breaches and explore possible legal remedies.
3. Comprehend Business Entities and Structures
- Compare various forms of business organizations (sole proprietorships, partnerships, corporations).
- Understand the legal requirements for forming and dissolving a business.
- Explain the rights and responsibilities of business owners, directors, and shareholders.
4. Understand Consumer Protection and Employment Law
- Identify the rights and responsibilities of employers and employees under labor laws.
- Understand laws that protect consumers against unfair business practices.
- Examine workplace safety regulations and employee rights.
5. Navigate Commercial Transactions and Sales Law
- Explain the legal framework governing the sale of goods and services.
- Understand ownership transfer, warranties, and conditions in sales agreements.
- Identify the legal rights of buyers and sellers in commercial transactions.
6. Explore Dispute Resolution Mechanisms
- Differentiate between court litigation and Alternative Dispute Resolution (ADR) methods (arbitration, mediation).
- Explain how business disputes are handled legally.
- Analyze case studies involving business legal conflicts.
7. Understand Intellectual Property Rights
- Define and explain patents, copyrights, trademarks, and trade secrets.
- Recognize the importance of protecting intellectual property.
- Examine legal consequences of intellectual property infringement.
8. Evaluate the Legal and Ethical Implications of Business Decisions
- Apply legal principles to business decision-making.
- Recognize ethical considerations in corporate governance and business operations.
- Evaluate the impact of legal compliance on business success.
9. Practice Business Law Principles
- Analyze real-life legal cases related to business operations.
- Develop problem-solving skills in legal business issues.
- Interpret and apply legal documents such as contracts, partnership agreements, and company policies.
- Teacher: Admin User