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Legal Studies (LGST) 369
Commercial Law (Revision 6)

Revision 6 closed, replaced by current version.

Opened in Moodle January 18, 2008.

Delivery mode: Individualized study or grouped study.

Credits: 3 - Applied Studies

Prerequisite: None.

Centre: Centre for State and Legal Studies

LGST 369 has a Challenge for Credit option.

Overview

LGST 369 is designed to provide students with practical legal knowledge that will be useful to them in the world of business. The focus of the course is risk management. In other words, after students have completed this course, they will be able to make business decisions that will reduce the likelihood of legal liability. Students will become aware of how legal problems might be prevented, and when issues arise which require the professional advice of a lawyer. The material will therefore emphasize the application of legal principles in real life business situations. This course should enable students to participate in managerial decisions of a business without fear of breaching the law, and to recognize problems and situations in the management of a business that require legal counsel.

Outline

Part 1: The Legal System

  • Unit 1: Law and the Legal System

Part 2: Contracts

  • Unit 2: Forming Contracts
  • Unit 3: Contractual Defects
  • Unit 4: The End of the Contractual Relationship
  • Unit 5: Specialized Contracts

Part 3: Tort and Employment Law

  • Unit 6: Tort Law: Negligence and Professional Liability
  • Unit 7: Tort Law: Business Operations or Business Premises
  • Unit 8: Employment Law

Part 4 : Optional Units*

  • Unit 9: Legal Vehicles for Conducting Business
  • Unit 10: Financing Business Pursuits
  • Unit 11: Real Property
  • Unit 12: Emerging Issues in Business Law

*Note: You must complete two (2) of these units to obtain credit for this course. Students intending to transfer this course to meet their prerequisite requirement for the CA Professional Accounting Association are required to complete Units 9 and 11 of the optional units of this course.

Evaluation

To receive credit for LGST 369, you must complete all of the assignments, achieve a mark of at least 50 percent on the final examination, and obtain a course composite grade of at least "D" (50 percent). The weighting of the composite grade is as follows:

Assign 1 Assign 2 Assign 3 Assign 4 Assign 5 Final Exam Total
5% 10% 10% 10% 15% 50% 100%

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.

Course Materials

Textbook

McInnes, M., Kerr, I., VanDuzer, J. A., & Carmody, C. (2006). Managing the law: The legal aspects of doing business
(2nd ed.). Toronto: Pearson Education Canada.

Note: The publishers of this textbook have set up a Companion Website at www.pearsoned.ca/mcinnes
(see p. xxv). You may use the material available at this site to review, supplement, or clarify the concepts
presented in the textbook and Study Guide.

Other materials

The course materials include a study guide and a student manual.