Legal environment of business. Introduction to law and legal principles including study of the legal environment of business in a system subject to social and political 98 Northeastern State University influences. Topics include the impact of ethics, the legal system, administrative agencies in business and the law of contracts.
The emphasis is upon commercial paper and sales in the Uniform Commercial Code, a general coverage of the law of agency, the formation and operation of organizations and tort. Prerequisite: Junior standing.
An introduction to the field of real estate, including legal descriptions, rights and interests, ownership, title, recordation and abstracts, contracts, mortgages, and insurance. Prerequisite: BLAW 3003 or instructor permission.
An analysis of real estate law covering lending practices, lending sources, closing and escrow, appraisals, land use controls, investing and owner-broker relationships. Prerequisite: BLAW 3003 or instructor permission.