BUS2021 provides students with a foundational understanding of the legal environment in which businesses operate. The course covers three major domains of business law — statutory law, contract law, and legal entity law — and their practical implications for business decision-making. Students also develop an understanding of the court system's role in adjudicating commercial disputes, building the legal literacy that every business professional needs.
Key legal domains
Course coverage
- Statutory law: Students examine how federal and state legislation creates the regulatory framework within which businesses must operate — from employment law and consumer protection to environmental regulations and antitrust statutes
- Contract law: The course covers the essential elements of valid contracts, contract formation, performance, breach, and remedies — the legal foundation of virtually all business transactions and relationships
- Legal entity law: Students explore the different legal structures available for business organizations — sole proprietorships, partnerships, corporations, and limited liability companies — and the legal implications of each form
- The court system: Students evaluate the historical underpinnings and origins of the court system's ability to adjudicate commercial disputes, understanding how the judicial system serves as the mechanism for resolving business conflicts
- Legal vocabulary and research: Students develop a working legal vocabulary and basic legal research skills that enable them to read and understand legal documents, communicate with legal professionals, and locate relevant legal information
BUS2021 assignments include case analyses, contract evaluation exercises, and legal research projects
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Frequently asked questions
BUS2021 Business Law Fundamentals and BUS3021 Fundamentals of Business Law are equivalent courses — students who have received credit for BUS3021 may not take BUS2021. The two course numbers represent different delivery formats within Capella's system. Both courses cover the same foundational business law content, so students should enroll in whichever version their program track requires.