BUS-220: Intermediate Business Law

Deepen your understanding of business law in this online course. Explore corporations, partnerships, debtor-creditor law, property rights, and regulatory frameworks including securities, intellectual property, antitrust, and international business law.

Course Description

The Intermediate Business Law course builds on the foundation established in Introduction to Business Law, providing a deeper exploration of legal principles that shape business operations and decision-making. Using Business Law and the Regulation of Business, 14th Edition by Richard A. Mann and Barry S. Roberts, this course covers negotiable instruments, agency relationships, partnerships, corporations, debtor-creditor law, and property rights.

Students will also examine key regulatory frameworks including securities law, intellectual property, employment law, antitrust, consumer protection, and environmental regulation. Real-world case studies highlight how these legal principles influence modern businesses, from corporate finance to international operations. By analyzing complex legal scenarios, students will learn to evaluate risks, ensure compliance, and make sound business judgments.

Designed for students pursuing careers in business, management, entrepreneurship, finance, or accounting, this course equips learners with an intermediate-level understanding of the legal environment of business. By the end, students will be able to apply laws governing business associations and transactions, assess liability and stakeholder responsibilities, and interpret regulatory requirements that impact organizations in both domestic and global contexts.

Textbook: Business Law and the Regulation of Business (14th Edition) by Richard A. Mann, Barry S. Roberts [Chapters 24-50]

Course Objectives

Analyze the legal principles governing negotiable instruments, agency, partnerships, and corporations.

Evaluate the rights, duties, and liabilities of business entities and their stakeholders.

Apply laws related to debtor-creditor relationships, including bankruptcy and secured transactions.

Interpret regulatory frameworks that affect securities, intellectual property, antitrust, and consumer protection.

Assess the legal implications of international business operations and environmental regulation.

Demonstrate an understanding of property rights, real estate transfers, trusts, and wills in a business context.

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Course Contents

Part V. Negotiable Instruments

Form and Content

Transfer and Holder in Due Course

Liability of Parties

Bank Deposits, Collections, and Funds Transfers

Part VI. Agency

Relationship of Principal and Agent

Relationship with Third Parties

Part VII. Business Associations

Formation and Internal Relations of General Partnerships

Operation and Dissolution of General Partnerships

Limited Partnerships and Limited Liability Companies

Nature and Formation of Corporations

Financial Structure of Corporations

Management Structure of Corporations

Fundamental Changes of Corporations

Part VIII. Debtor and Creditor Relations

Secured Transactions and Suretyship

Bankruptcy

Part IX. Regulation of Business

Securities Regulation

Intellectual Property

Employment Law

Antitrust

Accountants’ Legal Liability

Consumer Protection

Environmental Law

International Business Law

Part X. Property

Introduction to Property, Property Insurance, Bailments, and Documents of Title

Interests in Real Property

Transfer and Control of Real Property

Trusts and Wills

Single Course or Program Option

This course may be purchased individually or as part of the certificate programs listed below.

Business Law

Recommended Prerequisites

Accreditation You Can Trust

Washington Technical Institute is fully accredited by the Middle States Association Commissions on Elementary and Secondary Schools (MSA-CESS)—a regional accrediting agency recognized for setting high standards in education. This accreditation affirms that our programs, operations, and outcomes meet rigorous academic and institutional benchmarks. MSA-CESS accreditation is a mark of quality that ensures our students receive an education that is both credible and respected. It also means WTI is committed to continuous improvement, student success, and accountability at every level.