MCCCD Official Course Competencies:

PAR206  2009 Fall – 2009 Fall

Paralegal Business Law

1.          Identify different types of contracts. (I)

2.          Outline elements required for the formation of a contract. (I)

3.          Determine contract enforceability. (I)

4.          Explain the purpose of the Uniform Commercial Code (UCC) in business law. (II)

5.          List remedies for breach of contract. (III)

6.          Distinguish between various types of damages. (III)

7.          Explain methods for calculating monetary damages. (III)

8.          Identify types of property law. (IV)

9.          Analyze issues relating to property ownership. (IV)

10.        Describe characteristics of a sole proprietorship. (V)

11.        Compare and contrast a general partnership with a limited partnership. (V)

12.        Describe the characteristics of corporations and limited liability companies. (V)

13.        Identify governmental agencies responsible for regulating business organizations. (V)

14.        Identify basis for liability to business organizations. (V)

15.        Describe the effect of federal taxation laws on business organizations. (V, VI)

16.        Review provisions of the Securities Act of 1933 and the Securities Act of 1934. (VI)

17.        Explain the impact of state securities legislation. (VI)

MCCCD Official Course Outline:

PAR206  2009 Fall – 2009 Fall

Paralegal Business Law

I.          Contracts

            A.        Types

                        1.         Unilateral Vs Bilateral

                        2.         Express Vs Implied

                        3.         Written Vs Oral

                        4.         Executory Vs Executed

            B.        Procedures

                        1.         Classification

                        2.         Analysis

            C.        Elements

                        1.         Offer

                        2.         Acceptance

                        3.         Consideration

                        4.         Breach

                        5.         Damages

            D.        Enforceability

II.        Uniform Commercial Code (UCC)

            A.        Articles

                        1.         General Provisions

                        2.         Sales

                        3.         Secured Transactions

            B.        Purpose

            C.        Contracts

III.       Breach of Contract

            A.        Definition

            B.        Types

                        1.         Minor

                        2.         Material

            C.        Legal Remedies

                        1.         Compensatory Damages

                        2.         Punitive Damages

                        3.         Consequential Damages

                        4.         Liquidated Damages

                        5.         Nominal Damages

            D.        Equitable Remedies

                        1.         Injunction

                        2.         Specific Performance

                        3.         Rescission

                        4.         Restitution

                        5.         Reformation

                        6.         Quasi Contract

            E.         Damage Calculations

                        1.         Use

                        2.         Methods

IV.       Overview of Property Law

            A.        Types

                        1.         Real

                        2.         Personal

                        3.         Intellectual

            B.        Ownership

                        1.         Types

                        2.         Transfer

                        3.         Restrictions

            C.        Issues

                        1.         Rental

                        2.         Homeowner Associations

                        3.         Foreclosure

V.        Business Organizations

            A.        Sole Proprietorship

                        1.         Characteristics

                        2.         Creation

                        3.         Liability

                        4.         Taxation

                        5.         Termination

            B.        General Partnership

                        1.         Characteristics

                        2.         Creation

                        3.         Operation

                        4.         Liability

                        5.         Taxation

                        6.         Profit/Loss Distribution

                        7.         Dissolution/Termination

            C.        Limited Partnership

                        1.         Characteristics

                        2.         Creation

                        3.         Operation

                        4.         Liability

                        5.         Taxation

                        6.         Dissolution/Termination

            D.        Corporation

                        1.         Characteristics

                        2.         Types

                        3.         Formation

                        4.         Financing

                        5.         Ownership

                        6.         Liability

                        7.         Taxation

                        8.         Dissolution/Termination

            E.         Limited Liability Companies

                        1.         Characteristics.

                        2.         Formation

                        3.         Operation

                        4.         Taxation

            F.         Regulation

                        1.         Governmental Agencies

                        2.         Laws

VI.       Securities Regulation

            A.        Terminology

            B.        Federal Legislation

                        1.         Securities Act of 1933

                        2.         Securities Exchange Act of 1934

            C.        State Legislation