business law, corporate ethics Introduction to Business Law
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Business Strategy and Operations

Fundamentals of Business Law Curriculum

In today's business environment, it is crucial that managers become familiar with business law, especially for those who are responsible for making business decisions and agreements, overseeing employees, and protecting the property and rights of their organizations.

Many managers are unaware that their actions can be legally damaging to their own company's interests as well as to the rights of employees and customers

This series introduces the fundamentals of business law specifically tailored to the needs and responsibilities of management, with an emphasis on practical strategies for conducting business legally and for avoiding costly litigation.

Fundamentals of Business Law Curriculum consists of the following courses on CD

Fundamentals of Business Law Series on CD-ROM

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Fundamentals of Business Law Series CBT cd training

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A Manager's Introduction to Business Law Objectives

This course introduces managers to the fundamental concepts of business law. It begins by exposing some prevalent legal misconceptions shared by management and establishes the true role that law plays in society and business. The relationship between business ethics and law is explained and how managers serve as vital role models for demonstrating ethical business practices. This course also presents the basis and structure of the U.S. legal system and introduces relevant areas of business regulation. It outlines management's legal responsibilities and presents practical strategies for researching legal resources, for supporting legal counsel, and for proactively avoiding legal complications.

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Contracts in Commercial Transactions

Contracts permeate business, whether it is a sale to a customer, the hiring of a new employee, the acquisition of a new company, or countless other formal and informal business practices. This course introduces the laws, which determine whether such agreements are legally binding and enforceable by the courts. To begin, this course explains the legal requirements for contracts and their different legal classifications. In order to make effective business decisions, managers must clearly understand when they are forming an enforceable contract and when they are not. This course presents strategies for making an offer, successfully negotiating, and designing contracts that protect the rights of the organization, customer, and other interested parties. Finally, this course explains the legal implications of breach of contract and presents strategies that proactively protect an organization's interests when entering into contractual agreements

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Employment and Labor Law

Management sometimes finds itself in a sensitive position involving the treatment and rights of employees. But how does management legally handle a precarious situation with employees without the legal ramifications exploding in their face? This course is an overview for management about the essentials of employment and labor law. It includes introductions to current federal laws regarding employee safety and health protection, equal opportunity, and labor management during unionization. Managers will use strategies to protect the organization from legal liability and protect the employee's civil rights in the workplace.

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American Business Formations in the 21st Century

As a manager for your organization, you likely conduct business with numerous companies from different industries and of varying sizes and complexity. And just as you interact with individuals differently based upon their personalities and positions, so too, you conduct business with other companies based upon their different formations. In American business, there are four primary formations: Sole Proprietorships, Partnerships, Franchises, and Corporations. This course examines the specific statutory criteria for each of these distinct business formations. How a business is formed dictates both the rights it has in the eyes of the law and the responsibilities it has towards individuals and other businesses. By understanding these different formations, you as a manager can build successful business relationships. This course presents strategies for conducting business with each kind of business formation and for developing your business through acquisition, joint venture or minority investment. As a manager, you will also be introduced to strategies for avoiding antitrust liability or situations where courts may "pierce the corporate veil." Finally, this course explains the bearing income taxation can have on commercial transactions between different business formations, as well as the impact on organizations when vendors or customers seek bankruptcy protection or voluntarily go out of business. In light of these issues, this course presents strategies that you, as a manager, can proactively use to protect your organization's financial and legal interests.

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Intellectual Property and Proprietary Rights

Management is often confronted with the responsibility of keeping an organization's intellectual property, such as copyrighted brands or trade secrets, confidential, while still communicating the organization's identity or ideas to internal and external customers. But how does management perform this function effectively while keeping the law on their side? This course introduces management to the essentials of intellectual property and proprietary rights. It includes introductions to current copyright, trademark, patent, and trade secret laws and presents methods for minimizing legal liabilities. By applying the information presented in this course, managers will protect their organization's intellectual property and use others' intellectual property legally.

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Lawsuits and Negotiations

This course discusses the legal process of litigation and other out-of-court negotiations that are used to settle business disputes. In addition, this course treats the decision to sue much like other business decisions and offers criteria that management can use to perform a cost-benefit analysis. It begins by presenting proactive management strategies for discouraging damaging lawsuits and avoiding costly litigation. It examines forms of alternative dispute resolution, including negotiation, mediation, and arbitration, and the respective strengths of mediation and arbitration so that management can effectively work with legal counsel to determine when these are appropriate alternatives to litigation. Finally, it describes the litigation process and its impact on business and strategies for working successfully with administrative agencies.

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