4.8
stars
1,052 ratings

37,241 already enrolled

Offered By

Want to earn credit towards a degree? Find out how

You can earn credits from the University of Illinois at Urbana-Champaign that count towards a Master of Science in Accountancy (iMSA)

Corporate & Commercial Law I: Contracts & Employment Law

University of Illinois at Urbana-Champaign

About this Course

48,046 recent views

This class deals with the business law topics that appear on the CPA exam: Agency, Contracts, Debtor-Creditor Relationships, Government Regulation of Business, and Business Organizations. Students will gain an understanding of how these areas of the law affect businesses and their operations, with an eye on preparation for the business law portions of the REG section of the CPA exam. By the end of the class, students will be able to identify the legal principles that govern various business situations and apply those principles to an issue to determine the outcome when the law is applied to the facts of a scenario.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Intermediate Level

Approx. 24 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Intermediate Level

Approx. 24 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.83/5 (365 Ratings)

Professor Michael R Fricke

Teaching Assistant Professor

Department of Business Administration

43,062 Learners

4 Courses

Offered by

University of Illinois at Urbana-Champaign

Start working towards your degree

This Course is part of an online degree program offered by the University of Illinois at Urbana-Champaign. When you apply for a for-credit non-degree course through the university and complete it online, it counts as credit hours towards a degree at Illinois. All you have to do is apply through the university.

Master of Science in Accountancy (iMSA)

University of Illinois at Urbana-Champaign

Apply for credit

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

Syllabus - What you will learn from this course

Content Rating98%(4,683 ratings)

Week

Week 1

2 hours to complete

Introduction to the Course

2 hours to complete

3 videos (Total 5 min), 5 readings, 1 quiz

6 hours to complete

Module 1: Forming Enforceable Agreements

In this module, you will be introduced to the concept of legally enforceable agreements, also known as contracts. Contracts are the most important legal concept with which businesses must be familiar. This module will introduce all of the elements of a valid contract: agreement, consideration, capacity, legality, and satisfaction of the statute of frauds. By the end of this module, you will be able to recognize a valid, enforceable contract, and identify reasons why an agreement may not be enforceable.

6 hours to complete

9 videos (Total 67 min), 1 reading, 9 quizzes

9 videos

Introduction to Contracts5m

Interview with an Entrepreneur13m

Offers8m

Acceptance4m

Assent7m

Consideration7m

Written v. Oral Contracts9m

Capacity7m

Legality3m

1 reading

Module 1 Overview and Resources10m

9 practice exercises

Lesson 1.1 Knowledge Check30m

Lesson 1.2 Knowledge Check30m

Lesson 1.3 Knowledge Check30m

Lesson 1.4 Knowledge Check30m

Lesson 1.5 Knowledge Check30m

Lesson 1.6 Knowledge Check30m

Lesson 1.7 Knowledge Check30m

Lesson 1.8 Knowledge Check30m

Module 1 Quiz30m

Week

Week 2

4 hours to complete

Module 2: Special Rules for Sales Contracts

In this module, you will learn the special rules that apply to contracts for the sale of goods. A set of statutes, known as UCC Article 2, modifies the common law rules governing contract formation, and this module will detail those modifications. By the end of this module, you will be able to determine which contracts are governed by UCC Article 2 and how they differ from contracts that do not involve the sale of goods.

4 hours to complete

6 videos (Total 44 min), 1 reading, 7 quizzes

6 videos

Introduction to UCC Article 25m

UCC Article 2 Contract Formation11m

Title to Goods & Risk of Loss: No Breach7m

Title to Goods & Risk of Loss: Breach4m

Sale of Goods by Non-owners5m

Warranties for Sales of Goods9m

1 reading

Module 2 Overview and Resources10m

7 practice exercises

Lesson 2.1 Knowledge Check30m

Lesson 2.2 Knowledge Check30m

Lesson 2.3 Knowledge Check30m

Lesson 2.4 Knowledge Check30m

Lesson 2.5 Knowledge Check30m

Lesson 2.6 Knowledge Check30m

Module 2 Quiz30m

Week

Week 3

6 hours to complete

Module 3: Enforcing Agreements

In this module, we continue our discussion of contract law by focusing on the enforcement of agreements. We begin by examining who can enforce contracts, then discuss when contracts can be enforced in court, and end by looking into what types of awards courts will grant when a party has been the victim of a breach of a contract. Throughout this module, we will call special attention to different rules that apply to contracts for the sale of goods.

6 hours to complete

9 videos (Total 80 min), 1 reading, 9 quizzes

9 videos

Third-Party Beneficiaries7m

Interview with a Business Attorney8m

Assignment & Delegation17m

Discharge: Mutual Agreement & Conditions8m

Discharge: Breach & Operation of Law7m

Contract Performance: Common Law7m

Contract Performance: Sale of Goods7m

Remedies for Breach: Common Law9m

Remedies for Breach: Sale of Goods4m

1 reading

Module 3 Overview and Resources10m

9 practice exercises

Lesson 3.1 Knowledge Check30m

Lesson 3.2 Knowledge Check30m

Lesson 3.3 Knowledge Check30m

Lesson 3.4 Knowledge Check30m

Lesson 3.5 Knowledge Check30m

Lesson 3.6 Knowledge Check30m

Lesson 3.7 Knowledge Check30m

Lesson 3.8 Knowledge Check30m

Module 3 Quiz30m

Week

Week 4

6 hours to complete

Module 4: Agency and Employment Law

In this module, you will learn the foundations of the laws governing employees and employers. We begin with several lessons on the law of agency, which underpins all employment relationships. After that, we look at a series of laws that provide workers with various rights, including the right to unionize and take collective action as part of a labor union. By the end of this module, you will have a basic understanding of some of the fundamental rules that govern the employer-employee relationship.

6 hours to complete

8 videos (Total 55 min), 4 readings, 8 quizzes

8 videos

Agency Formation6m

Rights & Duties of Principals & Agents6m

Principal & Agent Liability8m

Agency Termination3m

Employee Rights10m

Basics of Labor Unions6m

Labor Actions7m

Gies Online Programs3m

4 readings

Module 4 Overview and Resources10m

Course Wrap-Up10m

Congratulations!10m

Get Your Course Certificate10m

8 practice exercises

Lesson 4.1 Knowledge Check30m

Lesson 4.2 Knowledge Check30m

Lesson 4.3 Knowledge Check30m

Lesson 4.4 Knowledge Check30m

Lesson 4.5 Knowledge Check30m

Lesson 4.6 Knowledge Check30m

Lesson 4.7 Knowledge Check30m

Module 4 Quiz30m

Reviews

4.8

233 reviews

5 stars
86.41%
4 stars
11.30%
3 stars
0.94%
2 stars
0.37%
1 star
0.94%

TOP REVIEWS FROM CORPORATE & COMMERCIAL LAW I: CONTRACTS & EMPLOYMENT LAW

by AJApr 30, 2020

This course was really well-structured. The lecturer was superb. He used number of practical instances. I was able to develop a good base on the Contracts and Employment Law.

by MBSep 8, 2018

The course is so insightful and definitely enhances your knowledge on its subject. Its unbelievable how the professor makes such heavy course SUPER LIGHT and fun!!

by IPJun 9, 2020

THe instructor is very good at keeping each topic interesting. His real-world examples make each concept and law easy to understand. The content itself is interesting as well.

by ABJul 11, 2020

i loved the whole process of this course.All the syllabus was taught in the correct and explained manner and the timely tests made sure that students are getting what they are taught.

View all reviews

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

Build employee skills, drive business results

Discover Coursera for Business

Corporate & Commercial Law I: Contracts & Employment Law

Corporate & Commercial Law I: Contracts & Employment Law

About this Course