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University Bulletin

Undergraduate Degree Programs

Legal Environment of Business Minor

University Park, Jeff Sharp, jms16@psu.edu, Smeal College of Business (LEBUS)

This minor presents students with a structured study of the statutory and common law governing the business environment. Students in this program have the opportunity to learn advanced legal subject matter, including business organization structures, employment law, property law, commercial transactions, intellectual property, environmental law, and government regulation. Content is framed around the organization and support of complex business enterprises from a legal perspective. This includes complex legal transactions, litigation support and avoidance, and the development of enterprises. The emphasis on the complex nature of legal organization formation, transactions, and litigation support is provided through a rigorous selection of business law and core business courses.

A grade of C or better is required in all courses used to meet the requirements of the LEBUS minor. For admission to the minor, students must have completed ACCTG 211(4) and ECON 102(3) with grades of C or better.

Scheduling Recommendation by Semester Standing given like (Sem: 1-2)

REQUIREMENTS FOR THE MINOR: 18 credits
(At least 6 credits must be at the 400 level)

PRESCRIBED COURSES (12 credits)
ECON 104 GS(3) (Sem: 1-4)
FIN 301(3), B LAW 341(3), B LAW 441(3) (Sem: 6-8)

ADDITIONAL COURSES (6 credits)
Select 6 credits from the following:
B LAW/R M 424(3), B LAW/R M 425(3), B LAW 444(3), B LAW 445(3), B LAW 446(3) (Sem: 6-8)

Last Revised by the Department: Spring Semester 2012

Blue Sheet Item #: 40-06-052A

Review Date: 04/10/2012

BA