Description:

Upon successful completion of this course, the student should be able to identify the forms of business ownership and the legal and tax implications for each. In addition, the student should be able to explain laws covering issues such as personnel, contracts and protection of intellectual property. The student should also be able to explain the reporting requirements for local, state and federal agencies. This course is required for the associate of applied science degree and the vocational certificate in business. 2 hrs./wk.

Supplies: Refer to the instructor's course syllabus for details about any supplies that may be required.

Prerequisites: NONE

Textbook(s): For information see - http://bookstore.jccc.net

Course Fees: NONE

Course Objectives:

Upon successful completion of this course the student should be able to:

1. Explain the essentials of a contract.
2. Evaluate the legal forms of organization.
3. Describe the nature of a business owner’s liability.
4. Explain the duties and responsibilities of an agency relationship.
5. Describe the legal ways to protect the proprietary aspects of a business.
6. Identify resources for zoning, licensing and regulatory information.
7. Explain the law as it relates to human resource management in a small business.
8. Explain the different types of bankruptcies.
9. Identify political issues affecting business ownership.

Content Outline & Competencies:

I. Essential of a Contract
   A. Identify the requirements of an enforceable contract.
   B. Distinguish between the workings of contract law and tort law.
II. Legal Forms of Ownership
   A. Identify the various forms of legal ownership.
   B. Explain the advantages and disadvantages of each form of business
ownership.
   C. Discuss the tax implications of the various forms of business
ownership.

III. Business Owner’s Liability
   A. Identify areas in which a business may have legal liability
exposure.
   B. Explain methods for addressing the liability aspects of business.
   C. Explain the need for, and process of, finding the right attorney.

IV. Duties and Responsibilities of an Agency Relationship
   A. Explain the nature of an agency relationship.
   B. Identify the risks associated with an agency relationship.

V. Ways to Protect the Proprietary Aspects of a Business
   A. Explain the importance of protecting the proprietary rights of a
business.
   B. Identify how to legally protect the proprietary aspects of a
business.
   C. List the criteria for the patentability of a product.
   D. Explain the patent process.
   E. Describe the process of obtaining trademark and copyright
protection.

VI. Resources for Zoning, Licensing and Regulatory Information
   A. Identify the licensing requirements for a new business.
   B. Investigate the zoning and regulatory requirements for a business.

VII. The Law and Human Resource Management
   A. Identify laws which impact human resource management in small
business.
   B. Describe the role of the Equal Employment Opportunity Commission.
   C. Prepare guidelines to ensure adherence to laws impacting human
resource management.

VIII. Bankruptcy
   A. Explain the different types of bankruptcy.
   B. Describe how state law impacts bankruptcies.

IX. Political Issues Involving Entrepreneurship
   A. Describe recent or pending legislation having significant impact on
small businesses.
   B. Identify political avenues to support small business legislation and
action.

Methods of Evaluation of Competencies:

Evaluation of student mastery of course competencies will be accomplished using the following methods:

   Examinations (2)                60%
   Research Project                30%
   Class Activities/Discussions    10%
                                  100%
   Grading Scale:
   A = 90 - 100%
   B = 80 -  89%
   C = 70 -  79%
   D = 60 -  69%
   F = 59% or less

Caveats: NONE

Disabilities:

If you are a student with a disability, and if you will be requesting accommodations, it is your responsibility to contact Access Services. Access Services will recommend any appropriate accommodations to your professor and his/her director. The professor and director will identify for you which accommodations will be arranged.

JCCC provides a range of services to allow persons with disabilities to participate in educational programs and activities. If you desire support services, contact the office of Access Services for Students With Disabilities (913) 469-8500, ext. 3521 or TDD (913) 469-3885. The Access Services office is located in the Success Center on the second floor of the Student Center.