This course presents law as an evolving social institution, with special emphasis on the legal regulation of business. It considers basic concepts of law and legal process, in the U.S. and other legal systems, and introduces the fundamentals of rigorous legal analysis. An in-depth examination of contract law is included.
Legal Studies & Business Ethics
This course introduces students to important legal and ethical challenges they may face in business. Its focus includes theories of ethics and their application to case studies in business, including current business ethics events. We begin with questions about individual value, purpose, and responsibility. We then look at concrete questions about the obligations of corporations, managers and employees. Do corporations have any obligations besides making money for their shareholders? If a multinational operates in a country where child labor is the norm, does that make it acceptable for the company to hire children? The material covered is intended to help prepare students to recognize and manage ethical issues as they arise. Class sessions will consist of collaborative case discussions, exercises, debates, and discussions of theoretical frameworks for interpreting ethics. An emphasis will be placed on class discussion.