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Course Description

Schoolcraft is excited to offer traditional credit face-to-face, hybrid, online, and remote classes. We are committed to providing students a safe experience based on recent COVID-19 concerns. Please see the COVID-19 web page to learn more. Keep checking the schedule for additions on our New, Added, and Late Starting Courses web page.

Business - BUS 208

Business Law 2

3 Credit Hours
3 Lecture Hours

Course Description

This course is a continuation of BUS 207 with emphasis on negotiable instruments, real and personal property, agency, partnerships, corporations, employment and wills and estates.


(A requirement that must be completed before taking this course.)

  • BUS 207 .
  • ENG 101 or minimum score of 22 ACT-English, 29 SAT-Writing and Language, 108 CPT-Sentence Skills or 276 NGA-Writing.

Course Competencies

Upon successful completion of the course, the student should be able to:

  • Characterize the components of a negotiable instrument.
  • Evaluate the rights and liability of each party involved in a negotiable instrument transaction.
  • Assess the relationship between personal property, possession and the legal rights of all parties.
  • Characterize the elements of a property transaction and the legal rights and obligations of all parties.
  • Relate the legal structure, purpose and role of a will, trust and estate.
  • Explore the legal rights, obligations and duties of each party in an agency and employment relationship.
  • Summarize the legal structure and operations of various types of business entities.
  • Assess the authority, duties and rights of a partnership and its implication on the law.
  • Analyze the legal implications of corporate management and financing transactions.

Course Schedule

Currently no sections of this class are being offered.

Key: Day of the Week

  • T = Tuesday
  • R = Thursday
  • S = Saturday
  • X = Sunday