601:693.     Introduction to Business Concepts (3)

         Laby

    
Exclusion: This course is not open to students holding a degree in business, accounting or finance. Students with a substantial business background may enroll by permission of the instructor.

The world of business is inseparable from the world of law. Nearly every law school course includes discussion of business entities, and most practicing lawyers must have some familiarity with basic business principles. Yet many law students lack a business background from their undergraduate institution and have little or no understanding of fundamental business concepts. As a result, some students avoid business-oriented courses and graduate from law school with little more business knowledge than when they arrived. This course is designed for students with minimal knowledge of business and will serve as a prelude to business course offerings. It will survey fundamental business topics such as time value of money, present value, interest, debt, equity, insurance, tax, accounting, financial reporting, valuation, insolvency, bankruptcy, and business organization. Although this course is not a prerequisite to business-related course offerings, students with little or no business background may find it useful to taking before, or contemporaneous with, other business courses. 

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