Introductory Business Law

Learn about the functions of contracts, history, sources, systems...

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  • Course Type CLEP
  • Subject Business and Management
  • Level Introductory
  • Length 4 weeks
  • Effort 6 hours/week
  • Institution Modern States

ABOUT THIS COURSE

This course covers material that is usually taught in an introductory one-semester college course on business law. Our goal is to prepare you to pass the College Board’s CLEP examination and obtain college credit for free.

The CLEP examination places a major emphasis on understanding the functions of contracts in American business law. It also includes questions on the history and sources of American law, legal systems and procedures, agency, employment and sales.

“Introductory Business Law” is a completely self-paced course starting on September 15th, 2016. It has no prerequisites and it is offered entirely for free.

CLEP Exam

This course is designed to prepare you for the CLEP Introductory Business Law exam and cover other related topics as well.

Instructors

  • Paul Schiff Berman

    Paul Schiff Berman, Walter S. Cox Professor of Law, is one of the world’s foremost theorists on the effect of globalization on the interactions among legal systems. He is the author of over fifty scholarly works, including Global Legal Pluralism: A Jurisprudence of Law Beyond Borders, published by Cambridge University Press in 2012. He was also among the first legal scholars to focus on legal issues regarding online activity, and he is co-author of one of the leading casebooks in the field.

    In addition to his scholarly work, Professor Berman has extensive experience in university and law school administration, having served as Vice Provost for Online Education and Academic Innovation at The George Washington University from 2013 to 2016; Dean of The George Washington University Law School from 2011 to 2013; and Dean of the Sandra Day O’Connor College of Law at Arizona State University from 2008 to 2011. Professor Berman has previously served as the Jesse Root Professor of Law at the University of Connecticut School of Law, where he taught from 1998 to 2008. For the 2006–2007 academic year, Professor Berman was a Visiting Professor and Visiting Research Scholar at Princeton University in the Program in Law and Public Affairs. He also serves on the Organizing Committee of the Association for the Study of Law, Culture, and the Humanities and is Co-Chair of the International Law and Technology Interest Group of the American Society of International Law.

    Professor Berman graduated summa cum laude from Princeton University in 1988 and earned his law degree from New York University in 1995.

Course Overview

Introductory Business Law Course Overview - Modern States

Module Topic Video Length Total pages of required reading
Module 1: History and Sources of American Law (5%–10%)
00:37:37 total video length
70 total reading pages
1.0 Introduction 0:01:16 70
1.1 Background on Formal Legal Systems 0:08:16
1.2 Sources of U.S. Law 0:14:30
1.3 U.S. Bill of Rights 0:13:35
Module 2: American Legal Systems and Procedures (5%–10%)
01:02:23 total video length
69 total reading pages
2.0 Introduction 0:01:46 69
2.1 Criminal Law and Civil Law 0:05:10
2.2 The Court Systems 0:08:40
2.3 Court Functions and Procedures 0:32:26
2.4 Jurisdiction 0:14:21
Module 3: Contracts (30%–40%)
01:24:35 total video length
30 total reading pages
3.0 Introduction 0:02:48 30
3.1 Meanings of Contract Law Terms 0:07:59
3.2 Formation of Contracts 0:15:50
3.3 Legal Incapacity to Enter Contracts 0:02:18
3.4 Third-Party Beneficiary Contracts 0:02:55
3.5 Assignment and Delegation of Contract Rights and Duties
0:08:31
3.6 Statute of Frauds 0:06:45
3.7 Interpreting Contractual Terms 0:06:58
3.8 Breach of Contract and Remedies 0:13:45
3.9 Affirmative Defenses to Breach 0:07:51
3.10 Discharge of Contracts 0:04:37
3.11 Illegal Contracts and Public Policy Concerns 0:04:18
Module 4: Legal Environment (20%–25%)
01:00:59 total video length
120 total reading pages
4.0 Introduction 0:02:14 120
4.1 Ethics 0:10:41
4.2 Social Responsibility of Corporations 0:03:12
4.3 Government Regulation and Administrative Agencies 0:05:11
4.4 Antitrust Law 0:09:05
4.5 Employment and Labor Law 0:13:20
4.6 Product Liability 0:02:43
4.7 Consumer Protection 0:05:33
4.8 International Business Law 0:09:00
Module 5: Torts (10%–15%)
00:50:36 total video length
35 total reading pages
5.0 Introduction 0:02:56 35
5.1 Meanings of Terms 0:03:21
5.2 Intentional Torts 0:08:38
5.3 Negligence 0:13:35
5.4 Strict Liability 0:02:57
5.5 Harms to Regulation or Economic Interests 0:06:53
5.6 Privacy Torts 0:04:23
5.7 Vicarious Liability 0:07:53
Module 6: Agency, Partnerships, and Corporations (5%–10%)
00:31:20 total video length
26 total reading pages
6.0 Introduction 0:01:39 26
6.1 Agency 0:07:41
6.2 Partnerships 0:09:23
6.3 Corporations 0:12:37
Module 7: Sales (5%–10%)
00:29:17 total video length
8 total reading pages
7.0 Introduction 0:02:07 8
7.1 Meaning of Terms 0:02:46
7.2 Formation of UCC Contracts 0:15:07
7.3 Warranties 0:05:08
7.4 Remedies 0:04:09

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