CO1 Define the legal environment that is applicable to the business world. 

CO2 Review basic business law concepts

CO3 Describe the litigation system in the United States

CO4 Apply legal concepts to business to business scenarios

CO5 Analyze the differences between major forms of intellectual property protection, and current ethical issues that arise under intellectual property law

CO7 Analyze what a contract is, how a contract is formed, the types of law that govern contracts, the elements of common-law contract formation, and defenses to contracts

 

Instructions:  Jimmy invented a device to determine whether people are actually zombies. He calls it "AreYouThere?" Jimmy wants to form a company and sell a million of the "AreYouThere?" devices. Using only the material found in the required readings, in 150 - 250 words, discuss three types of intellectual property that apply to Jimmy.

Jimmy also realizes that he needs cash for his start-up costs. He tells his rich Aunt Jane that he needs money for school. She says okay but then finds out about the Zombie company and refuses to write Jimmy a check. Jimmy sues his Aunt for breach of contract. In 150 - 250 words, using the defenses to contract article within the Judicial Education Center in the required readings, discuss two possible defenses that may be available for Aunt Jane.

Your essay should contain at least three citations to the required readings, as well as a reference page. Submit your essay in APA format no later than 11:55 PM on the last day of week four. An abstract is not needed.

 

REQUIRED READING LINKS: http://ezproxy.apus.edu/login?url=http://ebooks.apus.edu/BUSN311/Ch1.pdf

http://ezproxy.apus.edu/login?url=http://ebooks.apus.edu/BUSN311/Ch2.pdf

http://ezproxy.apus.edu/login?url=http://ebooks.apus.edu/BUSN311/Ch3.pdf

http://ezproxy.apus.edu/login?url=http://ebooks.apus.edu/BUSN311/Ch4.pdf

http://corporate.findlaw.com/litigation-disputes/overview-of-a-lawsuit.html

http://jec.unm.edu/education/online-training/contract-law-tutorial

Small Businesses Squeezed as Banks Limit Lending

http://www.npr.org/templates/story/story.php?storyId=113816657

Missouri Bar Center (2008) Forms of Business Organizations. Findlaw. Retreived from http://corporate.findlaw.com/corporate-governance/business-organizations.html

 

 

Grading Rubric:

CriterionUnsatisfactory (Below 80%)Satisfactory (80% - 89%)Exceptional (90% - 100%)Clearly identified three types of intellectual propertyDid not discuss or define three types of intellectual property. Did not apply the course materials.Clearly defined and discussed at three types of intellectual property.  Clearly identified, defined and discussed in detail three types of intellectual property.  Identified two defenses to a breach of contract claim.Did not identify two defenses to a breach of contract claim. Did not apply the course materials on specific defenses to a breach of contract claim. Provided a discussion of two defenses to a breach of contract claim.  Defined and provided a detailed discussion of two defenses to a breach of contract claim.  Essay is 300 - 700 wordsEssay did not meet the minimum word count of 300 wordsEssay exceeded the word count of 700 words. Writing could be more conciseEssay is between 300 - 700 wordsProvided research to support argumentsNo evidence of research. Significant instances of missing citations. More than 20% unoriginal content. Did not use at least three sources from the required readings. Used non-authorized sources.Most of the essay is supported by research.   Used at three sources from the required readings.All arguments supported by research. All research is correctly documented with in-text citations and a reference page. Used four or more sources from the required readings. APA FormattingEssay is not double- spaced or is missing a title page or reference page. References appear on reference list but not cited in essay. Significant citation errors. Most citations are in APA format.   Essay is double- spaced, contains a title page and a reference page. All citations are in the correct format. MechanicsFrequent grammatical, punctuation, and spelling errors. Use of first and second person, instead of third personMinor grammatical, punctuation, and spelling errors. Technically flawless, mechanically and grammatically correct.FormatOrganization and structure developing but still some illogic in flow. Missing conclusion.Organization and structure are clear but presentation could be more precise. Organization and structure of the paper are clear and easy to follow.