LGLS 4050 - Legal Transactions and Risk

3 Credit Hours
Prerequisites: BUSA 2106 or LGLS 3020 or LGLS 3610 or Consent of Instructor.
Requirements: Must meet RCB upper division course requirements and 45 semester hours.

Description
Businesses enter into transactions and make decisions under uncertain legal and economic conditions. Contracts, which are used to allocate risk among the contracting parties, can serve as a risk management tool to reduce these legal and economic uncertainties/ This course provides students with an in-depth examination of the common law of contracts, as well as contracts under the UCC (Uniform Commercial Code) and CISG (Convention for International Sale of Goods). Principles of risk and insurance topics are woven throughout the course.