Credit Hours: 3

This course addresses the relationships between the private sector and the changing sociopolitical environment in the American political economy, the relationship between various organizational entities, the process of political change, and the emerging political environment. Emphasis is placed on the laws governing contracts and the agencies for the enforcement of legal rights.  The aspects of the legal system of importance to managers are surveyed, including laws of incorporation, negotiable instruments, real property and consumer/creditor rights.