About this Course
4.8
34 ratings
8 reviews
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Intermediate Level

Intermediate Level

Hours to complete

Approx. 19 hours to complete

Suggested: 6 to 8 hours per week...
Available languages

English

Subtitles: English
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Intermediate Level

Intermediate Level

Hours to complete

Approx. 19 hours to complete

Suggested: 6 to 8 hours per week...
Available languages

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
Hours to complete
1 hour to complete

Introduction to the Course

In this module, you will become familiar with the course, your instructor and your classmates, and our learning environment. This orientation will also help you obtain the technical skills required to navigate and be successful in this course....
Reading
2 videos (Total 5 min), 4 readings, 1 quiz
Video2 videos
About Professor Fricke2m
Reading4 readings
Syllabus10m
About the Discussion Forums10m
Update Your Profile10m
Build a Learning Community with Social Media10m
Quiz1 practice exercise
Orientation Quiz8m
Hours to complete
2 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....
Reading
9 videos (Total 67 min), 1 reading, 9 quizzes
Video9 videos
Interview with an Entrepreneur13m
Offers8m
Acceptance4m
Assent7m
Consideration7m
Written v. Oral Contracts9m
Capacity7m
Legality3m
Reading1 reading
Module 1 Overview and Resources10m
Quiz9 practice exercises
Lesson 1.1 Knowledge Check4m
Lesson 1.2 Knowledge Check4m
Lesson 1.3 Knowledge Check4m
Lesson 1.4 Knowledge Check4m
Lesson 1.5 Knowledge Check4m
Lesson 1.6 Knowledge Check4m
Lesson 1.7 Knowledge Check4m
Lesson 1.8 Knowledge Check4m
Module 1 Quiz20m
Week
2
Hours to complete
2 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....
Reading
6 videos (Total 44 min), 1 reading, 7 quizzes
Video6 videos
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
Reading1 reading
Module 2 Overview and Resources10m
Quiz7 practice exercises
Lesson 2.1 Knowledge Check4m
Lesson 2.2 Knowledge Check4m
Lesson 2.3 Knowledge Check4m
Lesson 2.4 Knowledge Check4m
Lesson 2.5 Knowledge Check4m
Lesson 2.6 Knowledge Check4m
Module 2 Quiz20m
Week
3
Hours to complete
2 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....
Reading
9 videos (Total 80 min), 1 reading, 9 quizzes
Video9 videos
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
Reading1 reading
Module 3 Overview and Resources10m
Quiz9 practice exercises
Lesson 3.1 Knowledge Check4m
Lesson 3.2 Knowledge Check4m
Lesson 3.3 Knowledge Check4m
Lesson 3.4 Knowledge Check4m
Lesson 3.5 Knowledge Check4m
Lesson 3.6 Knowledge Check4m
Lesson 3.7 Knowledge Check4m
Lesson 3.8 Knowledge Check4m
Module 3 Quiz20m
Week
4
Hours to complete
2 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....
Reading
7 videos (Total 51 min), 2 readings, 8 quizzes
Video7 videos
Rights & Duties of Principals & Agents6m
Principal & Agent Liability8m
Agency Termination3m
Employee Rights10m
Basics of Labor Unions6m
Labor Actions7m
Reading2 readings
Module 4 Overview and Resources10m
Course Wrap-Up10m
Quiz8 practice exercises
Lesson 4.1 Knowledge Check4m
Lesson 4.2 Knowledge Check4m
Lesson 4.3 Knowledge Check4m
Lesson 4.4 Knowledge Check4m
Lesson 4.5 Knowledge Check4m
Lesson 4.6 Knowledge Check4m
Lesson 4.7 Knowledge Check4m
Module 4 Quiz20m

Instructor

Avatar

Professor Michael R Fricke

Teaching Assistant Professor
Department of Business Administration
Graduation Cap

Start working towards your Master's degree

This course is part of the 100% online Master of Science in Accountancy (iMSA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

Frequently Asked Questions

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  • 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.

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