Business Law

Thursday(19:00-22:00) and Saturday(10:00-12:30)

Instructor: Prof.Alberto Giacchini

Office hours: before or after class or by appointment
Phone: 016-273-3400
E-mail: a_giacchini@hotmail.com

a. Background
This course has been taught for 3 years from 2002 to 2004. There were a total of
127 students which have taken this course. The students were composed of Korean
and non-Korean students primarily working for multinational or foreign companies.
The text used in the course was one which directly states that it addresses the
AACSB’S curriculum requirements by focusing on how particular aspects of a
dispute or court’s decision relate to ethical, international, technological, cultural, or
other types of issues.

b. Learning Objectives
The general goal of the Business Law course is to provide a description of legal
concepts and explain the relationship between law in a common law system and
business. The course also allows for discussion of legal questions that are typically
considered in business. Also examined are non - common law systems of justice and
their approach. The specific goals of each chapter are set out at the beginning of
each chapter. Some of the topics covered in the course are: the foundation of law,
ethics and social responsibility, the court system and contract law.

c. Standard for Evaluation

The standard of evaluation is that all students (100%) overall have a satisfactory
understanding of the legal concepts of law taught in class and how they relate to
business. This standard is based on a 4 level scale of evaluation consisting of poor,
satisfactory, good and excellent.

d. Assessment Tools

The evaluation of the students is made by the following:

i. The students present cases in class and discuss questions as they relate
 to the cases and to business in general.
ii. Following each chapter, the students take an on-line quiz examining the
material in that chapter.
iii. The students submit written answers to case problems for assist them in
reviewing the material in the chapter.
iv. The students take a mid-term and final examination.

e. Results

All students perform overall to at least a satisfactory level with many able to
perform to a good or excellent level based on their understanding of the material.
This minimum satisfactory level is possible because those students who do not pass
the chapter quizzes must retake the quizzes until they have passed them. Also
students receive comments on their case problems and requests to rewrite the case
problem so they may satisfactorily answer the questions.

f. Recommendations

The course overall is well-received. Based on anecdotal responses from the students
they are able to relate many of the things discussed in class to their day-to-day
work. Furthermore, the student evaluation of the course which asks among other
things, the appropriateness of the subject matter and teaching method averages
over 4.5 out of a maximum score of 5.0. This leads one to believe that the course is
meeting its goal and the needs of the students. To improve the course I would
recommend making the course into two courses to allow coverage of the material
more in depth. Also more specialized course offerings for example, business
organizations law or consumer protection may also be of interest to the students.

g. Text

The Legal and E-Commerce Environment Today(Business in ItsEthical, Regulatory,

and International Setting), Third Edition, Roger Leroy Miller and Frank B. Cross,
Thomason Learning.