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Ch 8: Business Law Basics

About This Chapter

Learn about the fundamentals of business law with this series of video lessons. Learn about many aspects of business law, including the Uniform Commercial Code, the state and federal court systems and agency relationship.

Business Law Basics - Chapter Summary

The lessons in this chapter introduce you to the basic aspects of business law. You'll get an overview of constitutional law and learn about the responsibilities and rights delineated in the New York State Constitution. Other lessons cover the state and federal court systems and how they work.

You'll learn about the Uniform Commercial Code and what it does, complete with examples, and also study what constitutes an agency relationship. By the time you've finished these video lessons, you should:

  • Comprehend the fundamentals of business and constitutional law
  • Understand individual rights and responsibilities granted by New York's constitution
  • Discuss Uniform Commercial Code contract law
  • Analyze the structure of the U.S. court system
  • Report on state courts and their duties
  • Explain the concept of agency relationship
  • Understand secured transactions

Our professional instructors make learning about business law fun through these brief video lessons. You can test your knowledge through multiple-choice quizzes at the end of each lesson. Embedded video tags allow you to easily locate and review any business law basics topics that give you trouble.

10 Lessons in Chapter 8: Business Law Basics
Test your knowledge with a 30-question chapter practice test
What Is Constitutional Law? - Definition & Example

1. What Is Constitutional Law? - Definition & Example

Constitutional law deals with the understanding and use of the United States Constitution. This lesson will define and discuss constitutional law, while examining several famous constitutional law cases.

New York State Constitution: Rights & Responsibilities

2. New York State Constitution: Rights & Responsibilities

When it was approved over 200 years ago, the New York State Constitution outlined the government and structure of one of the original members of the 13 colonies. Composed of 20 Articles, it outlines the rights and responsibilities of both citizens and government, which you can read about in this lesson.

What Is the Uniform Commercial Code? - Definition & Example

3. What Is the Uniform Commercial Code? - Definition & Example

After completing this lesson, you will have an understanding of what the Uniform Commercial Code is, its structure and how the Uniform Commercial Code applies to commercial and business transactions.

UCC Contract Law: Requirements

4. UCC Contract Law: Requirements

The Uniform Commercial Code's Article 2 covers contracts for the sale of goods, including the necessary requirements to form a contract. This lesson explains offer and acceptance under the UCC.

Agency Relationship: Definition, Principles & Problems

5. Agency Relationship: Definition, Principles & Problems

Agency relationships always involve an agent and a principal, though the agency relationship can arise in various ways. This lesson explains agency relationships.

The Court System: Trial, Appellate & Supreme Court

6. The Court System: Trial, Appellate & Supreme Court

There are three separate levels of courts in our legal system, each serving a different function. Trial courts settle disputes as the first court of instance, appellate courts review cases moved up from trial courts and supreme courts hear cases of national importance or those appealed in the court of appeals.

The Federal Court System of the United States: Definition, Structure & Levels

7. The Federal Court System of the United States: Definition, Structure & Levels

The United States has two separate court systems: the federal and the state. This lesson explores the federal court system of the Unites States, including its structure and jurisdiction.

State Court System: Structure & Overview

8. State Court System: Structure & Overview

There is no uniform structure to the State Court System. Each state has its own system but most states operate similarly to the Federal Court System in that there are several levels of courts including trial courts, intermediate appellate courts and supreme courts.

Secured Transactions: Examples & Explanations

9. Secured Transactions: Examples & Explanations

A secured transaction is any deal in which a creditor receives a security interest in the debtor's property. This lesson explains what a secured transaction is and how these transactions work.

What Is Business Law? - Definition & Overview

10. What Is Business Law? - Definition & Overview

Business law is a broad area of law. It covers many different types of laws and many different topics. This lesson explains generally what business law is and how it's used.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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