Law and the Legal System
Every society has laws and rules set forth and enforced by an authority for the purpose of keeping order within the society. This clip defines "laws" and discusses the purpose of a legal system.
Law and the Business Person
Provides a basic foundation of what business law is, its importance in business operations, the importance of a businesspersons understanding the law, and consequences of not knowing the law.
Business Crimes and Business Torts
Explores and identifies the issues relating to business crimes and business torts showing how the law has flexibility to deal with the issues and when they may need changing.
Principals and Agents
The relationships of principals and agents are sometimes complex, and there are many factors which influence the liability of each. This lesson explains that the principal is responsible for many of the acts of the agent and discusses what a princip...
Nature of Contract Law, The
An introduction to contract law. This clip teaches what a contract is, how contract law has evolved over time, what elements are essential in a valid contract, and how contracts can be classified.
Contractual Remedies
When the obligations set forth in a contract are not met, several courses of action can be taken. This clip examines both the legal remedies, which usually involve money damages and equitable remedies, which usually finds a way to settle without the...
Real Property
Introduces the legal concept of property and the rights associated with owning it.