The objective of the course is to provide students with a basic understanding of law and its implications in the business context. This is much more than merely studying laws; this course is about learning how laws come to be and how they are applied in business. The course primarily consists of the study of the legal framework for the protection of rights of business entities, regulations governing different types of business organizations, business contracts and laws affecting business activity in general. The course is useful to all students who major or specialize in business, as it helps them develop a broader base of legal language and concepts that are encountered in the everyday business world.
