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. Prerequisite: BUS 162 or instructor permission. Offered through the National Association of Credit Management (NACM) in partnership with Edmonds Community College. To register, contact the NACM at 206.728.6333.

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

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