BUS 163 - Credit Management Law

3.0 Credits
Introduce contracts and the legal forms of business; the Uniform Commercial Code, articles 2, 3, 5, 7 and 9; review anti-trust and other credit regulations; secured transactions including liens, bond claims; arbitration/mediation; court actions, bankruptcy, management reports, and international trade.

Course-level Learning Objectives (CLOs)
Upon successful completion of this course, students will be able to:

Demonstrate understanding of the purpose and use of the law in credit management. [REASON]
Demonstrate reading and understanding of the basic concepts of the Uniform Commercial Code (articles dealing with credit transactions). [REASON]
Demonstrate understanding of the basic procedures needed in order to set up a secured credit transaction. [REASON]
Demonstrate understanding of the basic use of the court system, arbitration, and mediation, and bankruptcy in credit management problems. [REASON]