ACCOUNTING 315BUSINESS IN THE LEGAL ENVIRONMENT

Call # 6256FALL 2007

LOCATION: Room 7, Gamble Hall

TIME: Tuesday and Thursday 8:00 a.m. to 9:15 a.m.

INSTRUCTOR: Richard W. Olson, J.D.Department of AccountancyRoom: 220-P Gamble Hall

Phone Number:Office: 777-2921Law Office: 772-5539

OFFICE HOURS: By Appointment Only (15 minutes after class on class days - other timesby appointment)

PREREOUISITES: So., Jr., or Sr.

TEXT: Miller and Jentz, Business Law Today. (Comprehensive 7thEdition, West).

ATTENDANCE POLICY:

Students should attend all class meetings. Regular attendance is a critical part of yourclass participation grade. Whether or not you attend class will defmitely impact yourgrade. In the event of unavoidable absences, it is the student's responsibility to remaininformed about what transpired and/or was assigned in the duration of his/her absence,either by contacting other members in the class or the Instructor. Assignments that aregiven in class may only be made up if you have advised the instructor of your absencesprior to class time. If you miss one evening class you will have missed one week ofclasses. If you have to miss an hour of an eyening class, please let instructor know ofyour need to leave early or arrive late.

WITHDRAWAL: The last day to withdraw and receive a "W" is November 2,2006.

COURSE DESCRIPTION:

An introduction to the concepts underlying the legal environment of business in today'ssociety. Students must be able to identify issues pertaining to a particular discipline;recognize potential problems before they become actualized and costly; know when theyneed to consul~an expert and when they do not; understand the language, practices, andmethods of reasoning and problem solving in the discipline so that the expert can be usedeffectively and efficiently; and sufficient legal insight into the discipline so that theservice and advice of the expert can be knowledgeably evaluated and incorporated intothe fmn' s decision making process.

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COURSE OBJECTIVES:

2.

Upon completing this course, the student should be able to:1. To improve students' skills in recognizing and managing legal and ethical risks in

businessdecision-making. .

To enhance students' understanding of legal processes so that they can use thoseprocesses more effectively and efficiently in business decision making.To assist students in further development of analytical problem-solving skills.To give students a greater appreciation for the role oflaw in society.To enhance students' communication skills.

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4.5.

GRADING:

There are four non-comprehensive exams and a comprehensive final for the course. Eachwill consist of true/false, multiple choices, and short answer questions. All exams areclosed book and closed-notes.

PercentageExam #1:Exam #2:Exam #3:Exam #4:Final :Class Participation, Attendance

and Assignments:Total:

Letter Grade:15%15%15%.15%25%

A: 90% and UpB: 80% - 89%C: 70% - 79%D: 60% - 69%F: 59% and Below

15%100%

RE-EXANllNATION POLICY:

As a general rule, make-up exams and re-examinations will not be given. Absence fromthe examinations due to illness, summons to jury duty, or any other compelling reasonshould be supported with appropriate documents (e.g., medical certificate, etc.).

FINAL EXAMINATION POLICY:

A student who is absent from a final examination without an excuse considered valid bythe instructor will be given an F for the course. If the excuse is valid, the policy onIncompletes will apply.

LATE ENROLLMENT POLICY:

Late enrollment in a business administration course will normally be permitted only if thecourse has not completed the equivalent of one full week of meetings (three meetings forMWF classes, two meetings for TR classes, and one meeting for once-per-week classes.Late enrollment, and enrollment in a closed class, requires approval of the departmentoffering the class.

SCHOLASTIC DISHONESTY POLICY:

The Department of Accounting and Business Law does not condone scholasticdishonesty. "Scholastic dishonesty includes, but is not limited to, cheating on a test,plagiarism, and collusion. Cases of dishonesty may be handled as a scholastic matter oras a disciplinary matter at the discretion of the instructor. Instructors choosing to treat thecase as a scholastic matter have the authority to decide how the incident of dishonesty

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will affect the student's grade in the course. Instmctors choosing to treat the case as adisciplinary matter will refer the case to the Dean of Students Office for possibleresolution." (From UND Code of Student Life)

Academic integrity is a serious matter, and any deviations from appropriate behavior willbe dealt with strongly. At the discretion of the professor, situations of concern may bedealt with as a scholastic matter or a disciplinary matter. As a scholastic matter, theprofessor has the discretion to determine appropriate penalties to the student's workloador grade, but the situation may be resolved without involving many individuals. Analternative is to treat the situation as a disciplinary matter, which can result in suspensionof the student from the University, or have lesser penalties. Be aware that I view this as avery serious matter, and will have little tolerance of or sympathy for questionablepractices. A student who attempts to obtain credit for work that is not their own (whetherthat be on a paper, quiz, homework assignment, exam, etc.) will likely receive a failinggrade for that item of work, and at the professor's discretion, may also receive a failinggrade in the course.

DISABILITIESIMEDICAL EMERGENCIES

If you have emergency medical information to share with me, if you need specialarrangements in case the building must be evacuated, or if you need accommodations inthis course because of a disability, please make an appointment with me as soon aspossible. My office location and hours are the top of this syllabus. If you plan to requestdisability accommodations, you are expected to register with the Disability SupportServices (DSS) office at 190McCannel Hall, 777-3425.

If you have a temporary medical condition such as a broken arm or are recovering aftersurgery, you may be able to arrange for medical courtesy services. In most cases, it isexpected that you will make your own arrangements for the services. Examples ofcourtesy services include access to a test scribe if a student has a broken hand; liftequipped van transportation when the student has a broken leg or temporary accessibleparking for a student using crutches for a short period. If you are unable to make yourown arrangements, please contact DSS (777-3425). Unlike services and/oraccommodations provided to eligible students with disabilities, the University is NOTobligated to provide courtesy services.

GRADUATE STUDENTS CREDIT

Students taking undergraduate courses for graduate credit are required to complete anindependent study in order to get graduate credit. Please see the instructor during the firstweek of class to arrange for graduate credit work.

CELLULAR PHONES AND PAGERS WITH AUDIBLE SIGNALS WILL NOT BEALLOWED IN CLASS. PLEASE TURN THEM OFF BEFORE CLASS

NOTE:The course syllabus provides a general plan for the course; deviations may be necessary.

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Fall 2007 - Accounting 315Class Schedule - 6256

Tuesdav/Thursdav 8:00 a.m. - 9:15 a.m.

Date: Topjcsand Assignments:

1. 08/21 CourseIntroduction(SyllabusExplanation)

2. 08/23 The Legal Environment of BusinessChapter1

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08/28 Ethics and Social Responsibility:J.

Chapter 7

4. 08/30 Dispute ResolutionChapter 3

5. 09/04 Dispute ResolutionChapter 3

6. 09/06 Torts and Cyber CrimesChapter 4

7. 09/11 Torts and Cyber CrimesChapter 4

8. 09/13 EXAM 1 (Chapters 1, 7, 3, & 4)

9. 09/10 ContractsContracts Nature and ClassificationChapter 8

10. 09/20 . AgreementChapter 9

11. 09/25 ConsiderationChapter 10

12. 09/27 Capacity and LegalityChapter 11

13. 10/02 Genuineness of AssentChapter 12

14. 10/04 EXAM 2 (Chapters 8 - 12)

15. 10/09 Statute of FraudsChapter 13

16. 10/11 Performance and DischargeChapter 14

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17. 10/16 Breach and Remedies .

Chapter 15

18. 10/18 Third Party Rights and DamagesChapter 16

19. 10/23 E-ContractsChapter 17

20. 10/25 EXAM3 (Chapters13- 17)

21. 10130 Government RegulationEmployment and Labor LawChapter 40

22. 11/01 Employment DiscriminationChapter 41

23. 11/06 Antitrust LawChapter 37

24. 11/08 Consumer LawChapter 38

25. 11/13 Environmental LawChapter 39

26. 11/15 EXAM 4 (Chapters 37-41)

27. 11/20 Property and Its ProtectionCriminal LawChapter 6

11/22 ThanksgivingHoliday- No Class

28. 11/27 Personal Property and BailmentsChapter 43

29. 11/29 Real PropertyChapter 44

30. 12/04 Intellectual Property and Internet LawlInternational Law ina Global EconomyChapters 5 and 46

31. 12/06 International Law in a Global Economy/Constitutional LawChapters 46 and 2

12/07 Reading and Review Day

12/11 FINALEXAM- 8:00a.m.-10:00 a.m. (Chapters2,5,6,43,44 & 46 and comprehensive)