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.
Offered By
Corporate & Commercial Law I: Contracts & Employment Law
University of Illinois at Urbana-ChampaignAbout this Course
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Shareable Certificate
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100% online
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Intermediate Level
Approx. 24 hours to complete
English
Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
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
Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Offered by
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.
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.
Syllabus - What you will learn from this course
2 hours 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.
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
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 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
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
Reviews
TOP REVIEWS FROM CORPORATE & COMMERCIAL LAW I: CONTRACTS & EMPLOYMENT LAW
by YCMay 16, 2020
The professor is fabulous and teaches us in a very clear and precise way. I am looking forward to participating in CC Law II if I have a chance. Thank you professor! It is really a nice course!
by NMJan 29, 2021
I really did enjoyed this course. The course from beiginning to end was well delivered. The instructor did a great job breaking down the subject matter so I could have understood. Great job
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.
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.
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