ACCT 4201 Business Law II
(Prior to Fall 2010, this course was known as ACCNT 41.
The information below might still reflect the old course numbers. Bracketed numbers, if any, are the old course numbers. Learn more...)
3 hours; 3 credits
Systematic analysis of legal concepts and principles applied to ownership, control, and management of natural resources (real property); delegating authority and responsibility (agency); structure and functions of business enterprises (partnerships, corporations, and holding companies); creditors' rights, rehabilitation of failing firms (creditors' compositions and bankruptcy); substitutes for money (negotiable instruments); and elements of providing wealth and/or income during life and after death (trusts and wills). (Not open to students who have completed Economics 50.6.) Fall and spring terms.
Prerequisite: Accounting 3201  or Economics 50.5.