LAW531 - Business Law

LAW531 – Business Law

Business Law

Business Law

Professor:
Robert McCullogh

Required Reading:
Jennings, M. M. (2006). Business: Its legal, ethical, and global environment (7th ed.). Mason, OH: Thomson.
Ferrera, G. R., Lichtenstein, S. D., Reder, M. E. K., Bird, R. C., & Schiano, W. T. (2004). CyberLaw: Text and cases (2nd ed.). Mason, OH: Thomson.

Ancillary Reading:
Fritz, R. (1989). Path of Least Resistance: Learning to Become the Creative Force in Your Own Life (Rev Exp ed.). Chicago: Ballantine Books. [Link] Shuen, A. (2008). Web 2.0: A Strategy Guide. Sebastopol: O’Reilly Media. [Link]

Synopsis:
I was somewhat let down by this class. Business Law has always interested me, but this class seemed to only be about tort law until the very end. I was so excited going into this class because a business being an actual entity under the eyes of the law is one of the most interesting things in business! Tax benefits, liability sheltering, share disbursements, and so many other reasons the corporate entity is the framework that the rest of the initial idea grows to life.

Even in not learning, there is something to be learned. The professor answered almost every question evasively so as not to appear to be giving legal counsel. For a moment I started to think all professors were incontinent, always answering “it depends.” Deeper down I started to realize that every question was full of contingencies and started researching my questions for myself. This new habit will be very handy in my future.

I have been recommended the book Incorporate & Get Rich! so I will have to order, and read that next. There are too many reasons to know the law surrounding corporate entities to leave that hole in my education.