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Business Law

L 100 - Personal Law (3 cr.)
Effects of law on persons' everyday lives. May include such topics as family law; criminal offenses and traffic violations; personal injury and property damage claims; employee rights; landlord-tenant law; consumer rights; debt collection; selected real and personal property issues; wills and estates; selected contract law issues; and forms of business organization (partnership, proprietorship, and corporation). No credit for Kelley School of Business students when taken concurrently with or after I-Core.
L 201 - Legal Environment of Business (3 cr.)
R: Sophomore, junior, or senior standing. Emphasis on understanding the nature of law through examining a few areas of general interest such as the duty to avoid harming others (torts), the duty to keep promises (contracts), and government regulation of business. Credit not given for both L 201 and L 203. Not offered on Indianapolis campus.
L 203 - Commercial Law I (3 cr.)
R: Sophomore, junior, or senior standing. Includes the nature of law, torts, contracts, the sale of goods, and the legal regulation of business competition. For accounting majors and others intending also to take L303 in order to attain a broad yet fairly detailed knowledge of commercial law. Credit not given for both L 201 and L 203.
L 204 - Commercial Law I: Honors (3 cr.)
R: Section authorization. Includes the nature of law, torts, contracts, the sale of goods, and the legal regulation of business competition. Credit not given for both L 203 or L201 and L204.
L 303 - Commercial Law II (3 cr.)
P: BUS-L 203. R: Business student of junior or senior standing. Focuses on the law of ownership, forms of business organization, commercial paper, and secured transactions. For accounting majors and others desiring a broad yet fairly detailed knowledge of commercial law.
L 490 - Independent Study in Business Law (1-3 cr.)
P: I-Core and permission of undergraduate chairperson. R: Section authorization. Supervised individual study and research in student's special field of interest. The student will propose the investigation desired and, in conjunction with the instructor, develop the scope of work to be completed. Written report required.