1. Examine the legal system in the United States as it pertains to business.
2. Interpret provisions of the Constitution of the United States related to businesses and property.
3. Explain the basic elements of forming an enforceable contract.
4. Describe the circumstances that can affect the enforceability of contracts.
5. Identify the kinds of contracts that must be in writing in order to be enforced.
6. Compare the ways that contractual obligations can be discharged.
7. Demonstrate how Article 2 of the Uniform Commercial Code (UCC) applies to sale transactions.
8. Differentiate the characteristics of the forms of business ownership.
9. Analyze the operational aspects of corporations.