Legal Studies (L S)


3003 Introduction to Law and Legal Reasoning. Prerequisite: junior standing or permission of department. An introduction to Anglo-American law, emphasizing Anglo-American legal history, comparative legal systems, the interdisciplinary nature of law, and critical legal reasoning. [IV-WC]

3323 Legal Environment of Business. Prerequisite: junior standing. The legal environment of business organizations with ethical considerations and the social and political influences affecting such environments. (F, Sp, Su)

G4413 The Law of Business Organizations. Prerequisite: 3323. Law and the form of the business unit; formation, promotion, and organization; financing, devices for raising capital, inducements of investors; management of the business unit, keeping the unit within the powers; distribution of the powers; duties of members and representatives in management; responsibility for torts and crimes; adjustment of the rights of creditors; dissolution of the business unit. (F, Sp, Su)

4523 The Law of Commercial Transactions (slashlisted with 5523). Prerequisite: 3323. A comprehensive survey of commercial transactions, including the law of sales, warranties, risk of loss, negotiable instruments, bank collections and deposits, electronic fund transfers, secured transactions and bankruptcy. No student may earn credit for both 4523 and 5523. (Irreg.)

G4613 Real Property Law. Prerequisite: 3323. General law of real property; historical development, acquisition of title to personal property, estates in land, landlord and tenant relations, easements, deeds, mortgages, adverse possession, wills and trusts. (F, Sp)

4710 Special Topics in Legal Studies. 1 to 6 hours. Prerequisite: 3323 or permission. May be repeated with change of subject matter.

4713 The Law of International Business Transactions. Prerequisite: 3323. Examines the legal and ethical environment of international business. Topics include international treaties and conventions, comparative legal systems, extraterritoriality of U.S. and foreign laws, the Act of State Doctrine and the resolution of international business disputes.

4803 Energy Law. Prerequisite: 3323, student must have been approved for degree candidacy by Price College. Regulation of natural resources capable of energy fuels production; environmental technological and economic impacts of coal, water, oil, gas, uranium, and solar energy sources through exploration, development, production, transportation, and end use; legal context of natural resource conservation, allocation, and distribution. (Irreg.)

4813 International Petroleum Transactions. Prerequisite: 3323, 4523, 4613, Petroleum Engineering 4103, senior standing, Energy Management major, and permission. The international oil and bas business covering: the soveriegn rights to minierals; how crude oil is bought and sold on the world market; various types of host government contracts to assign development rights to private companies; how disputes between a private company and host government are resolved; contracts between private companies engaged in exploration and production operations. (Irreg.)

4823 Oil and Gas Contracts and Tax. Prerequisite: 3323, 4523, 4613, Petroleum Engineering 4103, and senior standing. Examination of contracts for the oil and gas industry. Covers exploration, production and development of oil and gas properties, investments, relationships created by such contracts, rights and duties of the parties, income tax consequences, and governmental regulation. (Irreg.)

G5323 The Legal and Regulatory Environment of Business. Prerequisite: graduate standing. A survey of the basic framework of the American and international legal systems, with particular emphasis on the common law, comparative law, courts, civil procedure, constitutional law, administrative regulation, topics in business law, and the regulatory environment. Examines the ethical issues confronting business managers and provides a systematic method for recognizing and resolving these issues. (F, Sp)

G5523 The Law of Commercial Transactions (Slashlisted with 4523). Prerequisite: 5323, graduate standing. A comprehensive survey of commercial transactions, including the law of sales, warranties, risk of loss, negotiable instruments, bank collections and deposits, electronic fund transfers, secured transactions and bankruptcy. No student may earn credit for both 4523 and 5523. (Irreg.)

G5713 International Business Law. Prerequisite: 5323. Study of international and domestic regulations affecting multi-national enterprises and international business transactions. Examines and compares inter-governmental organizations, world legal systems, business structures, and regulatory and tax systems, and provides students with practical legal knowledge of how international transactions are carried out. (F)

G5802 Business Ethics/Legal. Prerequisite: graduate standing. Review of the American legal process and ethical frameworks for gauging business decisions. (Irreg.)

G5960 Directed Readings. 1 to 3 hours. Prequisite: graduate standing or permission of instructor. May be repeated; maximum credit six hours. Directed readings and/or literature review under the direction of a faculty member. (Irreg.).

G5970 Topics in Legal Studies. 1 to 6 hours. Prerequisite: 5323 or permission. May be repeated with change of subject matter.



Updated: April 5, 2007