BUSINESS LAW FOR SMALL BUSINESS AND ENTREPRENEURS
Start when you're ready
Choose an upcoming start date: 12 Jan 2021
Start when you're ready
Choose an upcoming start date: 23 Mar 2021
This course is available as part of a degree or certificate program.View all programs
Course level: "Undergraduate"
"<p>This course provides students with overview of the legal issues faced by small businesses and entrepreneurs. Students will examine the legal aspects of incorporation, human resource considerations, the regulatory environment, and legal business structures.</p>"
Purchase of LabPaq® Hands-on Lab Kits are required for this course.
Please Note: Attendance and participation are mandatory in all University courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
University of Phoenix reserves the right to modify courses. While widely available, not all courses are available in all locations or in both online and on-campus formats. Please check with an enrollment representative.
What you'll learn
What you’ll learn
- Define the functions of law and free enterprise in society.
- Describe the role of legal risk in small business.
- Differentiate between various legal forms of business with a focus on tax considerations.
- Explain actions that can result in the piercing of the corporate veil.
- Compare means used to resolve small legal disputes.
- Identify intentional and negligent tort risks in small business
- Assess strict and products liability risks for small business
- Review insurance options for small business.
- Evaluate business actions that can result in criminal liability.
- Define the importance of property to free enterprise.
- Distinguish between: personal, real, tangible, intangible, and intellectual property.
- Measure the different types of legal protections for intellectual property.
- Analyze the elements of a valid contract, statute of frauds, and remedies for breach.
- Differentiate common law from UCC Article 2 in relation to merchants and warranties.
- Define agency law and the doctrine of respondent superior.
- Evaluate the employment-at-will doctrine.
- Assess exceptions to employment-at-will, including the specified thresholds.
- Distinguish between employees and independent contractors.
- Discuss ethical decision-making in a small-business context.
- Evaluate legal aspects of e-business for entrepreneurs.
- Explain regulatory compliance at the local, state, and federal levels.
- Evaluate practical legal risks associated with internationally.