Graduate Catalog 2024-2025

BUSA 6140 Liability Risks in Products and Services

This course examines liability risks and how those laws impact American businesses in the production of goods and services. law is an important part of the environment in which business operates. Time, money, and opportunity can be lost through failure to identify the legal factor earlier enough or, indeed, at all. For this reason, any manager should gain familiarity with the basic principles of those major areas of law which impinge upon business activity.

Registration Name

Liability Risks

Lecture Hours

3

Lab Hours

0

Credits

3

Prerequisite

None

Offered

Hybrid - every other fall

Student Learning Outcomes

At the successful completion of this course, students will be able to: 

  1. Discuss the historical sources of law in the United States that are applicable to product liability.
  2. Discuss the nature of the United States legal system and examine the resolution of disputes inside and outside the legal system
  3. Identify problems related to liability, safety and reliability for an existing product or service.
  4. Describe how business entities are held liable in different situations and why the law works that way.
  5. Discuss the different types of business entities and evaluate risk mitigation for each.