COMM_V 393 - Commercial Law

Course Description

This course examines the Common Law and statutory rules that govern commercial transactions. We begin by learning how cases are decided in Common Law courts. Students then examine the elements of contract law to become prudent contract negotiators. The course also examines the professional liability and fiduciary duties of business persons. Course components include reviewing relevant statutes, analyzing judicial decisions, class discussion and experiential assignments.

Responsible Business Content

This course addresses responsible business and sustainable development by considering and analyzing how private sector firms can efficiently provide access to goods and services, including to those at the lowest end of the income spectrum (Indigenous + Equity, Diversity and Inclusion). A large part of the course also discusses various forms of industrial organization and their implications for consumer well-being (Health and Well-being). Throughout the course, we will learn about laws and regulations, accountable and transparent institutions, transparency in financial reporting (Responsible Business and Ethics).

Learning Objectives

This course will equip business students with an introduction to the legal environment in which business operates. By the end of the course students will:

• Recognize many of the legal issues they will encounter in business.
• Develop strategies to avoid legal problems.
• Think critically about legal issues.
• Develop an understanding of the legal principles used by the courts to resolve legal issues.