This examination measures knowledge and understanding of material typically taught in an introductory undergraduate course in Business Law. The content of the examination corresponds with course offerings such as Introduction to Business Law or Business Law I. No prior knowledge of Business Law is required for this examination. This examination tests for knowledge and understanding of Business Law in pursuit of organizational goals and strategies. This examination specifically tests for a familiarity with the key legal issues and terms related to business law as well as an application of the legal tools needed to deal with real world legal/business issues within the US legal environment. The student will understand sources of law, dispute resolution, business ethics, criminal law as it relates to business, tort law, contracts, agency law, the various types of business organizations, and matters of real and intellectual property under US law. (Multiple-choice examination.)
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