Identify classifications of individuals who
may not have the capacity to contract.
Explain how a minors contract can be
Discuss reasons which may impair a
persons ability to contr
Discuss the differences in setting up a sole
proprietorship, a partnership, and a
Explain the most important disadvantages
of sole proprietorships and partnerships.
Give two reasons w
Transfer of Title and
Risk in Sales
Explain the importance of determining
when title and risk of loss pass.
Distinguish between a sale on approval
and a sale or return.
Discuss the rule regarding attempted
sales by people w
Define a warranty, and distinguish between
express and implied warranties.
Specify the warranties that apply to all sellers
and those that apply only to merchants.
Explain how warranties may be exclude
Nature of a
List the different classifications and kinds
Discuss how a corporation is formed and
potential promoter liability.
Name the types of powers a corporation
has and the significance of ultra vire
Ownership of a
Define capital stock.
List the various types of stock and stock
Explain what dividends are and how they
may be paid.
Classes of Stock
Kinds of Stock
Dissolution of a
Discuss how a corporation is managed and
controlled by the stockholders.
Identify the rights of stockholders.
Specify the responsibilities and powers of
directors and officers.
Describe how a
Nature of Real
Define real property and explain the rules about
vegetation, running water, and fixtures.
Name the types of multiple ownership of
List the estates and other interests in real estate.
Identify methods o
Formalities of a
List the requirements of the Statute of
Frauds for sales, and explain the
exceptions to it.
Define an auction sale, and describe its
peculiarities compared to the law of sales.
Describe the nature of the writing
Sales of Personal
Define a sale of goods and
distinguish it from a contract to sell.
Distinguish between existing and
Property Subject to Sale
Sales and Contracts to Sell
Background of Law
Distinguish Classes of Law
Sources of US Law
Law and Ethics
between US and Vietnam
Introduction to Law
The Root of US Legal System
Sources of US Law
Courts and Court
Explain the function of the courts.
Explain the relationships of the various courts in
Describe the procedure for filing a lawsuit.
Describe the basic procedure for a jury trial
Overview of the s
Discuss the basis for intentional and
negligent tort liability.
List and explain the generally recognized
Explain what business crimes are.
Torts and business torts: basic concepts
Basis for tor
Nature and Classes
Understand what a contract is
Identify requirements for a valid contract
Identify types of contracts and how they differ
State the difference between a contract and a
Discuss the requirements for a valid
Explain the difference between an offer and
an invitation to make an offer.
Summarize the rules affecting the duration
of an offer.
Define a counteroffer.
State the wa
Third Parties and
Discuss the difference between a thirdparty beneficiary contract and a novation.
Explain the difference between
assignment of a contract and delegation of
duties under it.
Describe the different types of c
Describe the requirements for terminating
a contract by performance.
Recognize the circumstances that
discharge a contract by operation of law.
Explain what breach of contract is and the
potential remedies fo
Nature of Personal
Discuss the types of property and how it
can be acquired.
Explain the difference between lost and
Definition of Property and Personal Property
Classes of Personal Property
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