1COURSE DESCRIPTIONLaw is the foundation upon which business operates. Indeed, the corporate entity only exists as alegal creation. The law has many functions that are highly relevant to business and management: itdetermines what makes an agreement enforceable; it allocates the rights and duties of employees andemployers; and it determines when injuries caused by the use of a product are to be compensated.Understanding the rules, and the logic and justification of those rules, will help managers avoid pitfalls,mitigate risk, and conduct business in a legal and, hopefully, ethical manner. In this short survey course,we will cover a range of business law topics including contracts, torts, labor and employment law,international law, and corporate governance.COURSE MATERIALSRequired Readings and Texts:The primary text for this course will beManagers and the Legal Environment: Strategies for the 21stCentury (7thed.), Constance E.Bagley & Diane Savage, ISBN-10:1111530637.In addition, you must purchase aResponseCard NXT by Turning Technologies.These are both available at the University Bookstores in Newark and New Brunswick.The bookis also available online as an “e-chapter” version from the publisher. You can find this linkhere.One economical option is to buy the individual chapters that will be assigned, which should bemuch more reasonably priced than buying the entire book. When last checked the online pricewas $11.00/chapter.***I also ask that you read the New York Times and/or Wall Street Journal and pay extraattention to law related items. I will expect you each week to be prepared to briefly discuss abusiness-law related article each week that is of interest to you.***Assignments will be drawn primarily from the Bagley & Savage text. You are responsible forreadingall pages assigned and the assigned cases,and you should pay special attention to thecases.