BUL2241

Identify and describe key legal concepts, terms, and vocabulary relevant to business, including the constitutional environment, civil trial processes, and alternative dispute resolution.

Recognize how torts, crimes, and property interests (real, personal, and intellectual) affect businesses and business transactions.

Identify and describe the elements of a valid contract, including offer, acceptance, consideration, capacity, legality, and the Statute of Frauds

Recognize and identify various types of contracts including valid, void, voidable, bilateral, unilateral, express, and implied contracts.

Evaluate issues of breach, remedies, defenses, and specific performance in a contract.

Explain how the UCC governs contracts for the sale or lease of goods, including warranty law, product liability, and strict liability.