Course Description

Enrollment for this course has transitioned to ETH/321T. Click here to be redirected.

This course provides students with an overview of the legal, ethical, and related statutory and regulatory environment in which businesses, organizations, and individuals within them function. After completion of this course, students will be able to understand the general structure of the court systems in the United States, describe the alternative means of resolving disputes and their respective advantages and disadvantages, evaluate the frameworks for regulatory compliance and corporate social responsibility, examine the principle areas of business law, and understand intellectual property rights.

This undergraduate course is 5 weeks.

Attendance and participation are mandatory in all university courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.

Course Objectives

Foundations of Law and Ethics

  • Describe the origins, purpose, and evolution of law in society and business.
  • Apply ethical principles to business decisions.

Entity Selection, Formation and Governance

  • Explain factors involved in selecting a business entity.
  • Compare the rights and duties of owners, directors, and officers within a corporation.

Agency Relationships, Labor and Employment

  • Evaluate various types of agency relationships and liability.
  • Analyze legal and regulatory requirements for employment, including liability for workplace discrimination.

Contracts and Intellectual Property

  • Discuss contract formation, performance, breach and remedies.
  • Compare types of intellectual property (IP) and the importance of IP as a valuable business asset.

The Regulatory and Global Environment of Business

  • Analyze the role and function of domestic and international regulatory agencies.
  • Evaluate U.S. securities laws and their role in protecting commercial markets and investors.




The University of Phoenix reserves the right to modify courses.

While widely available, not all programs are available in all locations or in both online and on-campus formats. More information about eligibility requirements, policies, and procedures can be found in the catalog.

Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.


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