Corporate & Commercial Law I: Contracts & Employment Law

Go to Course: https://www.coursera.org/learn/corporate-commercial-law-part1

Introduction

### Course Review: Corporate & Commercial Law I: Contracts & Employment Law on Coursera If you're navigating the complexities of business law or preparing for the CPA exam, "Corporate & Commercial Law I: Contracts & Employment Law" offered on Coursera is a highly relevant and beneficial course. The course is designed with a comprehensive scope to cover essential business law topics that not only facilitate your understanding but also help in your preparation for the REG section of the CPA exam. #### Course Overview This course delves into key areas of business law, including Agency, Contracts, Debtor-Creditor Relationships, Government Regulation of Business, and Business Organizations. By exploring these topics, students develop a nuanced understanding of how these legal frameworks impact business operations. Moreover, the curriculum is strategically structured to guide students through the complex world of legal agreements and employment laws, ensuring they gain a thorough grounding in the principles that govern commercial activities. #### Detailed Syllabus Breakdown 1. **Introduction to the Course** The initial module serves as an orientation, allowing you to familiarize yourself with the course layout, engage with fellow students, and develop the technical skills necessary for online learning success. This foundation is crucial for anyone new to digital courses. 2. **Module 1: Forming Enforceable Agreements** This critical module introduces the essential elements required for a contract to be legally enforceable. You'll learn about agreements, consideration, legal capacity, legality, and adherence to the statute of frauds. By the end of this module, you will be equipped to discern valid contracts from unenforceable agreements, a vital skill for any business professional. 3. **Module 2: Special Rules for Sales Contracts** Focused on the Uniform Commercial Code (UCC) and its application, this module distinguishes contracts for the sale of goods from other agreements. It outlines key differences and helps students recognize when UCC Article 2 applies, ensuring a comprehensive understanding of sales law. 4. **Module 3: Enforcing Agreements** Here, the course transitions into the enforcement of contracts. You will explore who has the standing to enforce contracts, the scenarios under which contracts are enforceable, and the remedies available for breaches. This understanding is critical for effectively navigating disputes in business settings. 5. **Module 4: Agency and Employment Law** The final module transitions from contracts to employment law, laying the groundwork for understanding employer-employee relationships. You will learn about the law of agency and the rights of workers, such as the right to unionize. This knowledge is crucial for anyone involved in human resources or business management. #### Recommendations This course is highly recommended for: - **Aspiring CPAs:** If you're studying for the CPA exam, particularly the REG section, this course offers necessary insights that will bolster your knowledge and exam performance. - **Business Professionals:** Those who work in legal, HR, or managerial roles will find this course invaluable for understanding the legal frameworks impacting their operations. - **Students of Business Law:** If you are a student pursuing studies in business law or a related field, this course provides a solid foundation on crucial legal concepts. #### Conclusion Overall, "Corporate & Commercial Law I: Contracts & Employment Law" is an exceptional online course that effectively balances depth and clarity. Whether your goal is to pass an exam or to deepen your understanding of business law, this course presents an opportunity to gain essential knowledge and skills. Engaging with this material will prepare you not just for exams, but also for real-world business challenges in the legal landscape. Enroll today and take a pivotal step toward enhancing your career in business or accounting!

Syllabus

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.

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.

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.

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.

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.