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 7 Modules
  • Video Length
  • Reading Pages
  • 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.

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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