Entrepreneurship
Description
When starting a new venture, understanding the relevant laws can make or break your success. This course covers the basics of business law for an entrepreneur. It reviews legal structures for a new venture, intellectual property, employment law, contracts, government regulation, and personal and real property.
credits
- IACET CEUs: 0.5
- HRCI Credits: 5
- SHRM PDCs: 5
features
- Mobile-friendly
- Audio-enabled
- Badge and credit-awarding
- Real-world case studies
- Fully accessible
- Games & Flashcards
- Expert-supported
- Video content
learning Outcomes
- Understand basic legal terminology and the larger legal environment
- Identify and distinguish among the three basic legal structures of business organization
- Explain the advantages and disadvantages of a sole proprietorship
- Understand the rules and liabilities involved in a partnership
- Discuss the advantages and disadvantages of a corporation, and the steps necessary to incorporate
- Distinguish between a general partnership and a limited partnership or a limited liability partnership
- Explain the differences between S corporations and limited liability companies
- Identify the three major types of franchises and discuss the pros and cons of franchising
- Explain the major legal protections for intellectual property rights
- Define and distinguish between patents and copyrights