THE UNIVERSITY OF ILLINOIS AT CHICAGO College of Business Administration DEPARTMENT OF ACCOUNTING Accounting 509: Business Law Fall 2005 4 credit hours Prerequisite: Admission to MBA College. Class meets from: Tues. 6:00 pm – 8:30 pm Instructor: Associate Professor George Roe Office: 2314 University Hall, Telephone 996-3391 E-mail groe@uic.edu Office Hours: Tues. 4:45 – 5:45 pm Catalog Description: Fundamental rules of law applicable to business activity; contract and agency; the formation and nature of contractual obligations; sales of personal property; commercial paper under the Uniform Commercial Code. Textbook Required: BUSINESS LAW by Smith & Roberson, 13th Edition. Lectures are an integral part of the course; students are held responsible for the contents of the lectures as well as assigned readings in the textbook. Class assignments indicate the topic and chapter to be read prior to each class session. Course Requirements and Grading: Course grade will be based solely on the student's performance on exams. The exams are noncumulative and weighted according to their points. The taking of exams is a course requirement. Exam dates will be announced in class when the dates are available. Please refer to the "General Course Policy" statement of the Department of Accounting for additional information.
CLASS ASSIGNMENTS Session l: Chapter 9, Introduction, Chapter 10, Offer Session 2: Chapter 12, Consideration Session 3: Chapters 11 and 13, Defenses Session 4: Chapter 14, Capacity, Chapter 15, Writing Session 5: Chapter 17 Discharge, Chapter 16 Third Parties Session 6: Chapter 16, Third Parties, Chapter 18, Remedies Session 7: Chapter 18 Remedies, Review Session 8: MID TERM EXAM Session 9: Review of Mid term, Chapter 19, Agency Session 10: Chapter 20, Agency - Third Parties Session 11: Intro to Sales, Chapter 2l Session 12: Chapter 23, Risk of Loss Session 13: Chapter 22, Performance, Chapter 24, Warranties Session 14: Chapter 25, Remedies, Chapter 26, Commercial Paper Session 15: Chapter 27, Negotiation, Session 16: Chapter 28, Holder in Due Course, Chapter 29, Remedies