Pellissippi State Community College Master Syllabus CONTRACTS & UCC LAW 2300
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1 Pellissippi State Community College Master Syllabus Class Hours: 3.0 Laboratory Hours: 0.0 Credit Hours: 3.0 Date Revised: August 2013 CONTRACTS & UCC LAW 2300 Instructor: Office: Phone: Catalog Course Description: Fundamental principles concerning the formation, performance, and enforcement of personal and commercial contracts; sales and secured transactions under the Uniform Commercial Code; and overview of federal and state law regulating credit and collection procedures. Entry-level Standards: College-level competencies in logic, reading, and English are required. Prerequisites: LAW 1000 for PARS Majors Textbooks and Other Supplies: Goldman, Arnold J. and Sigismond, William D., Business Law: Principles and Practices, 9 th edition, (South-Western Cengage Learning), ISBN # I. WEEK/ UNIT/ TOPIC BASIS: WEEK UNIT 1 Unit 1 C. 1,3 TOPIC Understanding the Law: Foundations of Law and the Role of Ethics in Business. Overview of Contracts (1.0 hour); Basic Contract Requirements (1.0 hour); Classification of Contracts (0.5 hour); Ethics (0.5 hour) 2 C. 4,6 Traditional Torts and Cyber Torts in Business. Overview of Tort law (0.5 hour); Intentional Torts in Business setting (0.5 hour); Negligence and Strict Liability in Business setting (1.0 hour); Cyber Torts (1.0 hour) 3 C. 7 Agreement: Offer and Acceptance: Definitions (0.5 hour); Essential Terms of Offer (1.0 hour); Termination of Offers (0.5 hour); Methods of Acceptance (1.0 hour); 4 C. 8 Consideration and Cases for Review Consideration: Definition (1.0 hour); Special problems with consideration (1.0 hour); Accord and satisfaction (0.5 hour); Cases for Review (0.5 hour) 5 C Capacity and Legality Capacity to contract: Definitions (0.5 hour); Contracts with minors (0.5 hour); Contracts with persons w/ mental disabilities (0. 5 hour); Contracts with persons who are under the influence of drugs and alcohol (0.5 hour); Legality &
2 WEEK UNIT 6 C. 11,12 7 C. 13,14 TOPIC Intent: legality (0.5 hour); fraud and misrepresentation, duress, mistake (0.5 hour); Formal Requirements of Contracts, Transfer of Rights and Duties: Formal Requirements: Statute of Frauds (0.5 hour); Parol Evidence Rule (0.5 hour); Electronic signatures(0.5 hour); Transfer: Assignment (1.0 hours); Delegation (0.5 hour) The Termination of Contracts: Discharge of Obligations by performance or by Agreement (0.5 hour); Discharge by operation of law (0.5hour); Breach of Contract & Remedies: Remedies for breach (1.0 hour); Defenses for Breach (0.5 hour); Remedies for fraud, duress, and Undue Influence(0.5 hour); 8 C.15 Contact Analysis; Introduction to the UCC: Contract Analysis (1.0 hour); Formation of Sales and Lease contracts (2.0 hours) 9 C.16,17 The Sales Contract under the UCC: The Sales Contracts: Transfer of Title and Risk of Loss (1.5 hours); Performance (0.5 hour), Breach (0.5 hour), Remedies for Breach (0.5 hour) 10 C Negotiable Instruments Basics of Negotiability (0.5 hour),rights and Duties of Parties (1.0 hour); Transfer and Endorsement (1.0 hour); Discharge (0.5 hour) 11 C. 23, C.25, C. 27, C Agency and Employment Employer-Employee Relationship (2.0 hours); Principal-Agent Relationship (1.0 hour) Employment Law; Business Organizations Liability to third parties, criminal liability (1.0 hour); Business organizations (2.0 hours) Corporations, Franchising and Government Regulation of Business: Corporations and Franchising (1.5 hours); Government Regulation of Business (1.5 hours) Consumer Credit Protecting the consumer and taxpayer (1.0 hour); Protecting the Borrower (1.0 hour); Protecting the Creditor (1.0 hour) 15 C. 38 Contract Analysis and Insurance Contract Analysis (1.0 hour); Insurance (2.0 hours) 16 FINAL EXAM WEEK
3 II. COURSE GOALS: The course will: A. Expand student understanding of legal ethics. I, III, IV B. Introduce the student to legal principles governing contract formation and enforcement. I, II, III, IV, V C. Increase the capacity of students to understand the basic law of commercial paper and secured transactions. I, II, III, IV, V D. Enable students to collect relevant data and draft initial documents to assist the attorney in commercial cases. I, II, III, IV, V E. Introduce the student to the Uniform Commercial Code. I,II,III,IV,V F. Introduce the student to the basic business structures. I,II,III,IV,V G. Enhance student understanding of consumer and credit protection. I, II, III, IV H. Enhance student knowledge of Insurance. I, II, III, IV III. EXPECTED STUDENT LEARNING OUTCOMES: The student should be able to: 1. Demonstrate a complete and thorough understanding of legal ethics. (A) 2. Identify the elements of a contract. (B,E,G) 3. Demonstrate understanding of contracts clauses by drafting various clauses. (B,C,D,E,G) 4. Identify UCC forms. (D,E,F) 5. Identify and compute damages which may be recovered for breach of contract. (A,D,F) 6. Determine when a contract must be in writing to be enforceable. (F) 7. Recognize when purchase money security interest has been created by purchase on credit. (C,E) 8. Determine the priority of claims to a debtor's collateral which is subject to perfected or unperfected security interests. (B,C,D) 9. Recognize and understand the creation and enforcement of sales warranties. (C,D,E) 10. Recognize and understand the differences between types of business structures. (C,D,E) IV. EVALUATION: A. Testing Procedures: Students are evaluated primarily on the basis of tests. The instructor s policies on exams, quizzes, homework, attendance, and grades will be provided on a supplement to the course syllabus. B. Laboratory Expectations: N/A C. Field Work: Students will complete several out-of-class skills projects, which may include: Legal writing exercises Drafting initial drafts of contracts clauses Completing UCC forms Research to determine Tennessee s Uniform Commercial Code Research to determine Tennessee s statutes of frauds Analyzing contracts
4 D. Other Evaluation Methods: 1. Class participation, group work, and homework will also comprise the final grade for the course. The instructor will provide full details the first week of class via a syllabus supplement. 2. All tests and papers will be graded for spelling and English usage in addition to content and format. 3. Any student encountering academic difficulty during the term is strongly encouraged to meet with the instructor to discuss options and solutions. D. Grading Scale: A B B C C D F 64 and below V. Policies: A. Attendance Policy: Pellissippi State expects students to attend all scheduled instructional activities. As a minimum, students in all courses (excluding distance learning courses) must be present for at least 75 percent of their scheduled class and laboratory meetings in order to receive credit for the course. Individual departments/programs/disciplines, with the approval of the vice president of Academic Affairs, may have requirements that are more stringent. In very specific circumstances, an appeal of the policy may be addressed to the head of the department in which the course was taken. If further action is warranted, the appeal may be addressed to the vice president of Academic Affairs. B. Academic Dishonesty: Academic misconduct committed either directly or indirectly by an individual or group is subject to disciplinary action. Prohibited activities include but are not limited to the following practices: Cheating, including but not limited to unauthorized assistance from material, people, or devices when taking a test, quiz, or examination; writing papers or reports; solving problems; or completing academic assignments. Plagiarism, including but not limited to paraphrasing, summarizing, or directly quoting published or unpublished work of another person, including online or computerized services, without proper documentation of the original source. Purchasing or otherwise obtaining prewritten essays, research papers, or materials prepared by another person or agency that sells term papers or other academic materials to be presented as one s own work. Taking an exam for another student. Providing others with information and/or answers regarding exams, quizzes, homework or other classroom assignments unless explicitly authorized by the instructor. Any of the above occurring within the Web or distance learning environment.
5 C. Computer Usage Guidelines: College-owned or -operated computing resources are provided for use students of Pellissippi State Community College. All students are responsible for the use of Pellissippi State's computing resources in an effective, efficient, ethical and lawful manner. It is each individual user's responsibility to abide by the policy available at D. Accommodation for Disabilities: Students who need accommodations because of a disability, have emergency medical information to share, or need special arrangements in case the building must be evacuated should inform the instructor immediately, privately after class or in her or his office. Students must present a current accommodation plan from a staff member in Services for Students with Disabilities (SSWD) in order to receive accommodations in this course. Services for Students with Disabilities may be contacted by going to Goins 127, 132, 134, 135, 131 or by phone: or TTY More information is available at E. Extended College Closure: Pellissippi State Community College is committed to the educational process and student learning. In the event of a prolonged college closure (of at least a week), the educational process will continue through the use of the college s on-line learning environment (Desire2Learn). The instructor will post instructions, specific assignments, due dates, etc. in Desire2Learn (D2L). It is the student s responsibility to login to D2L and check posted instructions and assignments.
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