Business Law For Business Managers

Business Law Basic Concepts, Business Law and Ethics and Business Law and the Manager's Responsibilities

What you'll learn

Introduction to Business Law

Sales and Contract Law

Intellectual Property and Employment Law

Liability and Your Responsibilities

The Relationship Between Law and Ethics

The Spirit and Letter of the Law

Meeting the Spirit of the Law

The Corporate Veil

Individual Responsibility and the Manager

Vicarious Liability and the Manager

Requirements

No law degree needed. Basic knowledge of business and entrepreneurship an advantage.

Description

Welcome to the Business Law course. This course includes 3 sections also presented as independent courses for your convenience: Business Law Basic Concepts, Business Law and Ethics, and Business Law and the Manager's Responsibilities.Business Law Basic ConceptsThe risk becomes even greater when managers aren't fully aware of the business laws that affect them and their organizations. As a manager, you serve as a leader and as a representative for your organization. Accordingly, you're responsible for being informed of the laws that govern business.You need to comply with these laws yourself, as well as ensuring that your department and employees are aware of the law and comply with it. Failing to do this can potentially get you and your organization into a great deal of trouble.In this section, you'll learn about the different areas of business law and what they encompass. You'll also learn about the responsibilities of managers in each of these areas. This will help equip you to protect yourself, the employees you manage, and your company.Business Law and EthicsAs a manager, you have both legal and ethical responsibilities. Your conduct is expected to meet both the letter and the spirit of the law. Managers who bypass their ethical responsibilities risk getting themselves and their companies into deep legal trouble.Corporate scandals have ruined both careers and companies. As a manager, you need to learn about business ethics and how to use ethics as a guiding rationale when dealing with your responsibilities. This is crucial because ethical principles provide the basis for the spirit of the law. This section guides you in differentiating between ethics and the law, as well as in recognizing areas where the two concepts overlap. It explains the difference between following the letter of the law and following the spirit of the law. And it covers a process you can use to make ethical decisions that comply with the spirit of the law.The course also outlines typical obstacles to ethical behavior in business, and steps managers can take to build a strong culture of ethics in their companies. By understanding and providing ethical management, you'll help to encourage ethical behavior in your organization. This can protect you, your employees, and your company, and help attract both customers and investors. Ultimately, ethical behavior means better business.Business Law and the Manager's ResponsibilitiesA corporation is a legal entity, separate and distinct from its shareholders, directors, and managers. In practice, this means that executives and managers of a corporation may be shielded from the company's liabilities by what's referred to as the corporate veil.However, managers shouldn't trust the corporate veil to protect them legally. When they consider it necessary, the courts pierce this veil, finding individual managers legally culpable for their behavior, or even for the behavior of their employees.So, as a manager, you need to protect yourself, the employees you manage, and your organization from becoming implicated in illegal or unethical activities, and from facing legal consequences as a result. This means you have to know and meet your responsibilities, always ensuring that your own actions are both legal and ethical.It also means ensuring that you fulfil your managerial duties – for example, communicating clear expectations and policies to employees, and responding to reports or signs of inappropriate behavior.In this last section, you'll learn more about the corporate veil and about the types of factors that typically cause the courts to pierce this veil. You'll learn how best to handle concerns and warnings of potentially illegal behavior.And you'll learn how to help ensure that your communications don't expose you or your organization to legal liability. Finally, you'll learn about vicarious liability as it applies to managers, and about steps you can take to avoid this.So, this is the broad picture. This is what you can expect from the course and you can already start. No go ahead and push that   "Register Now" button and see you inside the course!

Overview

Section 1: Business Law for Business Managers

Lecture 1 Course Introduction

Lecture 2 Course Guidelines

Lecture 3 FAQs

Lecture 4 Business Law for Business Managers

Section 2: Business Law Basic Concepts

Lecture 5 Course Overview

Lecture 6 Introduction to Business Law

Lecture 7 The nature of business law

Lecture 8 The value of awareness

Lecture 9 Sales and Contract Law

Lecture 10 Key areas of business law

Lecture 11 Sales law

Lecture 12 Contract law

Lecture 13 Job Aid- Sales and Contracts

Lecture 14 Intellectual Property and Employment Law

Lecture 15 Understanding intellectual property

Lecture 16 Importance of intellectual property law

Lecture 17 Understanding employment law

Lecture 18 Job Aid - Employment and Intellectual Property Law

Lecture 19 Liability and Your Responsibilities

Lecture 20 Avoiding liability

Lecture 21 Liability and organizations

Lecture 22 Follow-on Activity - Identifying Responsibilities

Lecture 23 Business Law Basic Concepts

Section 3: Business Law and Ethics

Lecture 24 Section Overview

Lecture 25 The Relationship Between Law and Ethics

Lecture 26 Defining law and ethics

Lecture 27 Overlap between law and ethics

Lecture 28 Differences between law and ethics

Lecture 29 Laws and ethics in business

Lecture 30 The Spirit and Letter of the Law

Lecture 31 The letter of the law

Lecture 32 The spirit of the law

Lecture 33 Making ethical decisions

Lecture 34 Follow-on Activity - Ethical Decision Making

Lecture 35 Meeting the Spirit of the Law

Lecture 36 Benefits of acting ethically

Lecture 37 Obstacles to ethical behavior

Lecture 38 Job Aid - Ethical Obstacles

Lecture 39 Establishing a code of ethics

Lecture 40 Ethics training

Lecture 41 Integrating ethics

Lecture 42 Leading by example

Lecture 43 Job Aid - Creating a Culture of Ethics

Lecture 44 Business Law and Ethics

Business managers, entrepreneurs, project and program managers and business analysts