About this Course
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Intermediate Level


Subtitles: English

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Intermediate Level


Subtitles: English

Syllabus - What you will learn from this course

1 hour to complete

Introduction to 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 videos (Total 5 min), 4 readings, 1 quiz
2 videos
About Professor Fricke2m
4 readings
About the Discussion Forums10m
Update Your Profile10m
Build a Learning Community with Social Media10m
1 practice exercise
Orientation Quiz8m
6 hours to complete

Module 1: Business Organizations

In this module, you will learn about the most common forms of business organizations. Beginning with sole proprietorships and moving on through various forms of partnerships, corporations, and limited liability companies, we will discuss how each type of business entity is formed and how it operates. By the end of this module, you will be able to differentiate between the most important types of business organizations and understand which form is most appropriate for achieving certain business goals.

8 videos (Total 65 min), 1 reading, 9 quizzes
8 videos
Partner Rights & Duties7m
Special Forms of Partnerships5m
Introduction to Corporations9m
Corporate Formation8m
Shareholder Rights, Powers, & Liability12m
Director & Officer Rights, Duties, & Liability5m
Limited Liability Companies8m
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
6 hours to complete

Module 2: Debtor-Creditor Relationships

In this module, we will learn about the laws that govern the relationship between a lender and a borrower. We will discuss the basics of bank financing and debt financing, with special attention paid to loans that are secured by collateral consisting of personal property. We wrap up the module with several lessons explaining the bankruptcy process, and how debtors and creditors navigate the three most common forms of bankruptcy.

9 videos (Total 66 min), 1 reading, 9 quizzes
9 videos
Interview with Banker8m
Bank Financing: Collection of Debts3m
Debt Financing4m
Secured Transactions: Foundations & Remedies6m
Secured Transactions: Perfection & Priority7m
Bankruptcy: Foundations & Procedure9m
Bankruptcy: Exempt Property & Fraudulent Transfers8m
Types of Bankruptcy10m
1 reading
Module 2 Overview and Resources10m
9 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
Lesson 2.7 Knowledge Check30m
Lesson 2.8 Knowledge Check30m
Module 2 Quiz30m
5 hours to complete

Module 3: Regulation Part I: Foundations, Consumers, and the Environment

In this module, you will learn about administrative agencies and how they regulate many aspects of business. We will talk about how agencies make rules and then how they enforce those rules. Then we will look at a series of important federal agencies and learn about how they operate within the scope of their authority. By the end of this module, you will understand the basics of the administrative rule-making process and know some of the primary regulatory activities of the FTC, CFPB, FDA, and EPA.

7 videos (Total 51 min), 1 reading, 8 quizzes
7 videos
The Rule-Making Process6m
Agency Investigations & Administrative Courts8m
FTC Regulation of Commercial Activity11m
CFPB Regulation of Financial Institutions5m
FDA Regulation of Food, Drugs, & Cosmetics4m
EPA Regulation of Pollution8m
1 reading
Module 3 Overview and Resources10m
8 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
Module 3 Quiz30m
7 hours to complete

Module 4: Regulation Part II: Antitrust and Securities

In this module, we continue our discussion of administrative regulations from the previous module, focusing specifically on antitrust and securities regulation. Prohibiting anti-competitive behavior and ensuring fair securities transactions are two of the most important ways the government regulates commerce. By the end of this module, you will understand the basics of federal antitrust and securities laws.

10 videos (Total 66 min), 2 readings, 10 quizzes
10 videos
Interview with Venture Capitalist9m
Antitrust: Horizontal & Vertical Restraints of Trade6m
Antitrust: Mergers5m
Antitrust: Enforcement & Exemptions4m
Securities Laws & the SEC5m
Initial Public Offerings: Procedures & Liability7m
Initial Public Offerings: Shortcuts & Exemptions7m
Trading Securities: Section 10(b) & Rule 10b-54m
Trading Securities: Insider Trading & Short-Swing Profits4m
2 readings
Module 4 Overview and Resources10m
Course Wrap-Up10m
10 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
Lesson 4.8 Knowledge Check30m
Lesson 4.9 Knowledge Check30m
Module 4 Quiz30m
6 ReviewsChevron Right

Top reviews from Corporate & Commercial Law II: Business Forms, Financing & Governmental Regulation

By BPOct 2nd 2018

Excellent course & a great, down to earth instructor. I only wish he had more courses available for audit. Thanks to Illinois-Urbana for their contributions to online classes.

By MTNov 28th 2018

Really a helpful course which will enhance one's intellect and enhance the vision of an individual regarding corporate side.



Professor Michael R Fricke

Teaching Assistant Professor
Department of Business Administration

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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.

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