Legal Environment of Business, Minor

Program Code: LEBUS_UMNR

Program Description

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.

What is the Legal Environment of Business?

The Legal Environment of Business minor presents you 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.

MORE INFORMATION ABOUT LEGAL ENVIRONMENT OF BUSINESS

Entrance to Minor

For admission to the minor, students must have completed ACCTG 211 and ECON 102 with grades of C or better.

Program Requirements

Requirement Credits
Requirements for the Minor 18

Requirements for the Minor

At least 6 credits must be at the 400 level.

A grade of C or better is required for all courses in the minor, as specified by Senate Policy 59-10. In addition, at least six credits of the minor must be unique from the prescribed courses required by a student's major(s).

Prescribed Courses
Prescribed Courses: Require a grade of C or better
BLAW 341Business Law I: Introduction to Contracts, Liability Issues, and Intellectual Property3
BLAW 441Business Law II: Agency, Employment and Business Structure3
ECON 104Introductory Macroeconomic Analysis and Policy Keystone/General Education Course3
FIN 301Corporation Finance3
Additional Courses
Additional Courses: Require a grade of C or better
Select 6 credits of the following:6
Real Estate Law
BLAW/RM 425
Advanced UCC and Commercial Transactions
Advanced Intellectual Property and Competition Law
Employment Law

Academic Advising

The objectives of the university's academic advising program are to help advisees identify and achieve their academic goals, to promote their intellectual discovery, and to encourage students to take advantage of both in-and out-of class educational opportunities in order that they become self-directed learners and decision makers.

Both advisers and advisees share responsibility for making the advising relationship succeed. By encouraging their advisees to become engaged in their education, to meet their educational goals, and to develop the habit of learning, advisers assume a significant educational role. The advisee's unit of enrollment will provide each advisee with a primary academic adviser, the information needed to plan the chosen program of study, and referrals to other specialized resources.

READ SENATE POLICY 32-00: ADVISING POLICY

University Park

Advising Center
Smeal College Undergraduate Education
202 Business Building
University Park, PA 16802
814-863-1947
SmealAdvising@smeal.psu.edu

Contact

University Park

DEPARTMENT OF RISK MANAGEMENT
355 Business Building
814-865-4172
rm@smeal.psu.edu

https://www.smeal.psu.edu/risk-management