PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS
BUSINESS LAW  CUE 2400
Class Hours: 3.0								Credit Hours: 3.0
Laboratory Hours: 0.0								Date Revised: Spring 00
NOTE: This course is not designed for transfer credit.
Catalog Course Description:
	A study of the principles of law as applied to business transactions, including contracts, employment, negotiable instruments and security agreements.
Entry Level Standards:
	None
Prerequisites:
	None
Textbook(s) and Other Course Materials:
	West Business Law, Clarkson, Miller, and Blaire, West Publishing Credit Union Guide, CUNA, current edition
I. Week/Unit/Topic Basis:
	Week					Topic
	1					Legal Systems of the United States
	2					Administrative Law
	3					Torts and Crimes; Quiz 1
	4					Contract
	5					Agency
	6					Estates and Trusts; Quiz 2
	7					Business Organizations
	8					Corporate Securities
	9					Personal Property and Sales; Quiz 3
	10					Real Property
	11					Real Estate Transfers and Liens
	12					Loan and Financing Transactions
	13					Creditors Rights and Debtors Relief
	14					Payments and Transfer of Funds
	15					Consumer Protection; Review
	16					Final Exam
II. Course Objectives*:
	A.			Understand how business law and administrative rulings affect credit union activities in lending to members.  I, II
	B.			Explain procedural framework of the legal systems of the United States.  I, II
	C.			Convey sense of business planning and strategy that will minimize the occurrence of legal problems.  I, II
*Roman numerals after course objectives reference goals of the Business and Community Services department.
III. Instructional Processes*:
Students will:
	1.				Take part in course assignments such as team discussions; team case studies;   team projects; experiential exercises; oral, written, PowerPoint, and/or email   presentations; Internet research; etc. to help develop teamwork, leadership, and   followership skills. Communication Outcome, Personal Development Outcome,   Cultural Diversity & Social Adaptation Outcome, Information Literacy   Outcome,  Transitional Strategy, Active Learning Strategy
	2.				Perform course assignments such as team discussions; team case studies; team  projects; experiential exercises; oral, written, PowerPoint, and/or em presentation;  Internet research; etc. to help develop critical thinking, problem solving, goal  setting, and planning skills. Communication Outcome, Personal Development   Outcome, Cultural Diversity & Social Adaptation Outcome,  Problem Solving  and Decision Making Outcome, Information Literacy Outcome,  Transitional   Strategy, Active Learning Strategy
	3.				Practice elements of the work ethic such as professionalism, preparedness,   punctuality, honesty, cooperation, dependability, contribution, effectiveness, and  good manners. Personal Development  Outcome, Transitional Strategy
*Strategies and outcomes listed after instructional processes reference Pellissippi State’s goals for strengthening general education knowledge and skills, connecting coursework to experiences beyond the classroom, and encouraging students to take active and responsible roles in the educational process.
IV. Expectations for Student Performance*:
Upon successful completion of this course, the student should be able to:
	1.			Describe the organization and levels of the state and federal court system.  B
	2.			Elaborate on the supervisory and regulatory role of the National Credit Union Administration.  A
	3.			Distinguish between tort and criminal law and explain how they are related to credit unions and the business environment.  A
	4.			Interpret the essentials and formal requisite for the formation of a contract.  A
	5.			Understand the formation, scope, and termination of an agency relationship.  A, C
	6.			Distinguish between testate and intestate distribution of the estate on property after death of its owner.  A
	7.			Identify and distinguish among partnerships, corporations, and other forms of business organizations.  A
	8.			Classify and describe the various kinds of securities used in corporate financing.  A, C
	9.			Understand the essential terminology and rules of Uniform Commercial Code, Article 2.  C
	10.			Classify the respective categories of interests in real estate.  C
	11.			List the characteristics, forms, and types of mortgages and their lien statutes.  A
	12.			Explain the nature of unsecured installment credit and its legal essentials.  C
	13.			Explain extra judicial nonlegal collection methods and those requiring judicial or legal process.  A, C
	14.			Contrast some of the requirements and rules of UCC, Article 4, Bank deposits and collections, and Federal Reserve and Clearinghouse regulations.  C
	15.			Review major federal consumer credit protection measures.  A, C
*Letters after performance expectations reference the course objectives listed above.
V. Evaluation:
	A. Testing Procedures: 100% of grade
			Three quizzes - 20% each  One final - 40%
	B. Laboratory Expectations:
		N/A
	C. Field Work:
		N/A
	D. Other Evaluation Methods:
		N/A
	E. Grading Scale:
		90 - 100     A  80 -  89      B  70 -  79      C  60 -  69      D  Below 60  F
VI. Policies:
	Attendance Policy:
		Pellissippi State Technical Community College expects students to attend all scheduled instructional activities.  As a minimum, students in all courses must be present for at least 75 percent of their scheduled class and laboratory meetings in order to receive credit for the course.