Undergraduate Courses
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Not all courses listed below may be offered in both the spring and fall semesters.

 

LGST 101 INTRODUCTION TO LAW AND THE LEGAL PROCESS

This course presents law as an evolving social institution, with special emphasis on the legal regulation of business. It considers basic concepts of law and legal process, in the U.S. and other legal systems, and introduces the fundamentals of rigorous legal analysis. An in-depth examination of contract law is included. [top]

 


LGST 202 LAW OF CORPORATE MANAGEMENT AND FINANCE

This course provides an introduction to the law of corporate management and finance, focusing on large publicly held corporations. It is presented from the perspective that before too long virtually all students will serve on one or more corporate boards of directors and that each should, therefore, know about the duties owed by directors and officers to those toward whom they bear a fiduciary duty. The course covers the basic obligations of corporate directors and managers under state corporate law and the federal securities laws. It also considers the rights and responsibilities of other major stake holders in the governance of public corporations, including shareholders, creditors/bondholders, employees (including corporate executives), investment bankers, corporate lawyers, and accountants. Particular attention is given to the law of mergers and acquisitions. Important issues of social policy concerning large business corporations are also discussed. [top]
* Cross-listed: LGST 802

 


LGST 204 REAL ESTATE LAW

This course examines the fundamentals of real estate finance and development from a legal perspective. The course serves as a foundation course for real estate majors and provides an introduction to real estate for other students. It attempts to develop skills in using legal concepts in a real estate transactional setting. The course will be of interest to students contemplating careers in accounting, real estate development, real estate finance, city planning, or banking. The main topics covered may include the following: land acquisition, finance; choice entity; tax aspects; management (leasing, environmental); disposition of property (sale of mortgaged property, foreclosures, wraparound mortgages, sale-leasebacks); and recent legal developments. [top]
* Cross-listed: LGST 804, MGMT 846, REAL 204/804

 

 

LGST 205 LAW OF MARKETING AND ANTITRUST

The course explores the legal aspects of marketing strategy. The first half considers relevant antitrust doctrine and policy: mergers, acquisitions, and joint ventures; pricing strategy (e.g., price fixing, exchanging price information, predatory pricing, and discriminatory pricing); marketing channel strategy (e.g., resale price maintenance, territorial and customer restrictions, exclusive dealing, refusals to deal, etc.); and limits on market dominance. The second half considers issues the intellectual property dimension (including federal patent, copyright, and trademark law), as well as federal and state laws pertaining to trade secrets, unfair competition, and consumer protection. The focus is primarily on U.S. law, but the challenges posed by diverse domestic, foreign, and international regimes will also be emphasized. The course is useful to students contemplating employment in the field of marketing, and to students interested in anticipating legal constraints on competitive strategies. Most broadly, the course should be of interest to anyone desiring to understand the legal and public policy issues relating to the government regulation of business. [top]
* Cross-listed: LGST 805, MKTG 236/760

 

 

LGST 206 NEGOTIATION AND CONFLICT RESOLUTION

This course examines the art and science of negotiation, with additional emphasis on conflict resolution. Students will engage in a number of simulated negotiations ranging from simple one-issue transactions to multi-party joint ventures. Through these exercises and associated readings, students explore the basic theoretical models of bargaining and have an opportunity to test and improve their negotiation skills. [top]


* Cross-listed: MGMT 291, OPIM 291

 

 

LGST 207 THE SPORTS INDUSTRY: BUSINESS AND LEGAL ASPECTS

The purpose of this course is to introduce future sports business leaders to a compendium of business and legal issues that apply in the context of the management of professional and amateur sports. Although the factual situations will focus upon sports, the technique of inserting a legal dimension into management decision analysis transferable to other industries as well. The course will provide both practical and theoretical approaches. Students will read standard case law and business cases in the sports area as well as law review articles and economic materials. [top]

 


LGST 208 THE LAW AT WORK:  EMPLOYMENT LAW FOR MANAGERS

Practical business solutions to problems arising in the workplace and effective human resources policy and procedures require knowledge and understanding of employment law. This course examines the development, evolution and current status of workplace laws with particular emphasis on workplace privacy and security issues including electronic communications, surveillance and monitoring; recruiting and hiring; civil rights in employment including discrimination, harassment, diversity and affirmative action; the non-employee workforce; and the regulatory environment including laws protecting workers, fair labor standards and labor/management relations. It provides students with an introduction to the law of the workforce and examines the balance between business goals and employment law compliance. [top]
* Cross-listed: MGMT 247

 

 

LGST 210 CORPORATE RESPONSIBILITY AND ETHICS

This course explores business responsibility from rival theoretical and managerial perspectives. Its focus includes theories of ethics and their application to case studies in business. Topics include moral issues in advertising and sales; hiring and promotion; financial management; corporate pollution; product safety; and decision-making across borders and cultures. [top]

 


LGST 211 LEGAL ASPECTS OF HEALTH CARE

This course offers a current and historical overview of the regulation of health care delivery in the U.S. It examines principles and practical applications of the laws that affect the operational decisions of health care providers, payors, and managers and that impact the development of markets for health care products and services. Also considered are the social, moral, and ethical issues encountered in trying to balance the interests, needs, and rights of citizens against those of society. For part of the term, the class will divide into two groups so that students can focus on their choice of (a) health care management or (b) selected issues of patients' rights. [top]
* Cross-listed: LGST 811, HCMG 211/854


LGST 212 ECONOMIC ANALYSIS OF LAW

The course is designed to teach students how to think as an economist about legal rules; to evaluate alternative legal rules against standards of economic efficiency and distributive justice; and to understand the nature of the legal process and several specific areas of the law. With the use of alternative texts, both deductive and inductive reasoning will be employed to study the formation and interpretation of legal rules. [top]
*Cross-listed: BPUB 212, PPE 212

 


LGST 213 LEGAL ASPECTS OF ENTREPRENEURSHIP

Legal Aspects of Entrepreneurship is a practical and intensive course that examines the critical legal issues confronting start-up and emerging growth companies. Although the context of the course is early stage companies, many of the concepts studied are equally applicable to more mature, established companies. The course provides perspective on how to use the law strategically to manage risk, deploy resources and maximize shareholder value. Topics include the enforceability of confidentiality, non-competition and other restrictive covenants in employment agreements; choice of business form including the legal, financial and tax advantages and disadvantages of general partnerships, limited partnerships, corporations and limited liability companies; tax and securities law; legal aspects of raising capital including structuring venture capital and private equity financing; letters of intent and mergers and acquisitions, employment law, and intellectual property law including trade secrets, copyrights, patents, and trademarks.  [top]
* Cross-listed: LGST 813, MGMT 813

 


LGST 214 INTERNATIONAL BUSINESS TRANSACTIONS

This course aims to familiarize students with and prepare students for the conduct of international transactions. The first topic covered in the course is international trade, from trade on letters of credit to barter. The mechanisms of U.S. and international trade regulation are also discussed, in the context of how such regulations may be used or opposed by traders. The course then studies forms of direct international investment, such as joint ventures, licensing, and distributorships. Finally, the course examines the global context of international business transactions, with an emphasis on issues that affect emerging economies. [top]


LGST 215 ENVIRONMENTAL MANAGEMENT, LAW AND POLICY

This course provides a practical overview to the management of environmental issues as practiced in today’s business world, and how approaches are likely to develop for the future. Using case studies, guest speakers, and selected essays, the course will explore the effects of environmental regulation and policy on business practices. The primary aim of the course is to give students a theoretical and practical sense of the complex relationship between business and other stakeholders and the natural environment, how that relationship is mediated by statutory and common law rules, and how to think critically about how best to manage this relationship. As part of the course, students will work in consultative teams with local Philadelphia businesses to assess and improve their organization’s business practices as they may effect the environment. The course will be co-taught by a business executive and a practicing environmental regulator.
 

Key components of the course include:

- Development of a theoretical and practical framework for how relevant environmental laws impact businesses.

- Real world examples of how businesses and various stakeholders address difficult issues in balancing corporate and environmental objectives.

- An approach for building effective environmental management systems that is consistent with global standards such as ISO 14001.

- A consultative external class project with a local Philadelphia business to address specific environmental challenges for that business. [top]
* Cross-listed with: LGST 815, MGMT 213/713

 

 

LGST 216 EMERGING ECONOMIES

This course explores important issues in conducting business internationally in and with emerging economies. Much of the course attempts to define emerging economies and to understand the changes occurring in these countries. The course also examines the position of emerging economies in the global context, and how broad social issues affect the development of emerging economies and the ability to establish relationships or conduct business in emerging economies. [top]

 


LGST 218 DIVERSITY AND THE LAW

The goal of this course is to study the role the law has played, and continues to play, in addressing the problems of racial discrimination in the United States. Contemporary issues such as racial profiling, affirmative action and diversity will all be covered in their social and legal context. The basis for discussion will be assigned texts, articles, editorials, and cases. In addition, interactive videos will also be used to aid class discussion. Course requirements will include examinations and class discussions. [top]
* Cross-listed: AFAM 218

 

 

LGST 219 LAW AND POLICY IN INTERNATIONAL BUSINESS

This course introduces students to the frameworks for regulating international business – national, regional, and international, singling out the most relevant features of these for special attention. Topics include international dispute resolution, jurisdictional and choice of law problems, patterns in extraterritoriality, managing conflicting legal standards, and problems of in the way of creating more uniform rules affecting the conduct of international business. Students are encouraged to evaluate the policy dimensions of current legal regimes and proposals for reforms and to develop their own critical perspectives regarding these. [top]

 


LGST 220 INTERNATIONAL BUSINESS ETHICS

This course is a multidisciplinary, interactive study of business ethics within a global economy. A central aim of the course is to enable students to develop a framework to address ethical challenges as they arise within and across different countries. Alternative theories about acting ethically in global environments are presented, and critical current issues are introduced and analyzed. Examples include bribery, global sourcing, environmental sustainability, social reports, intellectual property, e-commerce, and dealing with conflicting standards and values across cultures. As part of this study, the course considers non-Western ethical traditions and practices as they relate to business. [top]

 


LGST 221 CONSTITUTIONAL LAW AND FREE ENTERPRISE

The course explores the fundamentals of U.S. constitutional doctrine and adjudication, with an emphasis on commercial and business issues and implications of constitutional law. The course starts by considering the Constitution and the structure and relationship of the governmental entities it establishes and upon which it depends. Special attention is given to the role of the federal courts, especially the Supreme Court, in interpreting and applying constitutional principles. From this foundation, the course moves on to examine in detail the major economic and business implications of constitutional law in different eras of the nation's history. A core theme is how historical events and changing notions of public policy have affected and been affected by the evolution of constitutional doctrine. [top]

 

 

LGST 222 LAW OF E-COMMERCE

This course examines the law relating to the developing field of electronic commerce or electronic business. The first part of the course looks at private law. Private law issues are typically commercial law issues which arise between the various parties engaged in e-commerce. Examples of this include the laws relating to making contracts online, electronic data interchange, dealing with electronic payments, and so forth. The second part of the course involves public law issues, which involve regulatory or governance issues that are imposed upon e-commerce providers by governmental or quasi-governmental agencies. Examples of this include regulations governing privacy, certain types of forbidden content, and regulation of spam and advertising, amongst others. After examining these two main components, the course focuses on a number of specific examples of e-commerce businesses which demonstrate how these legal issues apply to particular scenarios. Existing examples include Internet gambling, and online offerings of investment securities, but other examples will be introduced as they become relevant. [top]
* Cross-listed: LGST 822

 

 

LGST 223 SECURITIES REGULATION

The course examines the federal securities laws and the operation of the Securities Exchange Commission. The legal responsibilities of corporate managers, accountants, underwriters, and broker-dealers, occasioned by the securities regulatory scheme, will be investigated. Students will be encouraged to evaluate, from a managerial perspective, the various aspects of securities regulation studied. The course will discuss the recent financial crisis and ask the question whether enhanced securities regulation will prevent such a crisis in the future. The material covered in the course will provide familiarity with the basic legal structure of securities regulation and will assist in understanding the current policy issues in securities law. The course should help students to develop the ability to read and learn further in the field and to improve their effectiveness of communication with attorneys. It will also suggest ways of detecting instances in which an attorney should be consulted. The course is particularly useful for those students pursuing careers in corporate finance, investment banking, mergers and acquisitions, sales and trading, venture capital, private equity, entrepreneurship, accounting, corporate management and real estate.

 [top]
* Cross - listed: LGST 807

 

 

LGST 224 HUMAN RIGHTS & GLOBALIZATION

The 2000 UN Global Compact and the 2003 UN Norms on the Responsibilities of Transnational Corporations and Other Business Enterprises with Regard to Human Rights have confirmed the role of TNCs as central actors in the field of international human rights law. This course introduces students to how international human rights law is currently being expanded to capture the operations of TNCs and why this development is controversial. The course examines competing perspectives on the pros and cons of imposing human rights responsibilities on businesses based in capital-exporting countries that are operate in emerging economies. Perspectives of various governments, businesses, international institutions, academics, and NGOs on issues of human rights and globalization will be considered, and a variety of case studies will be analyzed. [top]

 


LGST 226 MARKETS, MORALITY, & THE FUTURE OF CAPITALISM

Markets play a central role in the life of a capitalist democracy. But is this a good thing? Should we let markets decide who is rich and who is poor? Who makes decisions and who follows them? Whose ideas get heard and whose ideas do not? The goal of this class will be to examine the market from the perspective of various social values to see whether we should want a market system and, if so, what kind of market system we should want. Among the issues we will examine are the following. Does the market contribute to the common good? If so, how? Does the market conflict with the idea that all human beings are of equal value? What is the relation between the market and freedom? Does the market liberate us or oppress us? Can we reconcile the market with our democratic ideals? What role should corporations play in a healthy democracy? What role should markets play in an increasingly globalized world? We will read several important philosophers, economists and political theorists writing on these issues, including Adam Smith, John Rawls, Amartya Sen, Friedrich Hayek, Karl Marx, Robert Nozick, Ronald Dworkin, Jürgen Habermas, Peter Singer, and others. [top]
*Cross - listed: PPE 226, PHIL 279


LGST 227 LITERATURE OF SUCCESS

This course explores the history, literature, and philosophy of two age-old questions: what does it mean to be successful and how does one achieve this elusive goal? It surveys some of the classics of the “success” genre – from Benjamin Franklin’s Autobiography in the 18th century to Dale Carnegie’s How to Win Friends and Influence People and Marcus Buckingham’s Now, Discover Your Strengths in the 20th and 21st centuries. Case studies of remarkable achievements in business and society and Arthur Miller’s play Death of a Salesman provide additional contexts within which to reflect on the questions at the center of the course. Students will keep a personal journal and use web-based tools to examine their own character strengths, talents, and achievement orientations. Grading is based on class participation, reading response papers, a final paper and quizzes on the readings. No final exam. [top]

 

 

LGST 228 SPORTS LAW

This course focuses on the areas of association, contract, constitutional, labor, antitrust, and agency law as they apply to the sports industry.  This course exposes the student to many of the legal issues facing those in sports organizations. special attention is given to the regulation of professional and amateur athletics, agency law, antitrust law, the organizational structure of sports leagues and associations, labor-management relations, and Title IX.  The development of effective communication skills will be emphasized through class presentations and written assignments, leadership and interpersonal communications will be developed through small group projects and meetings, and critical thinking and problem solving skills will be fostered through the careful study of numerous cases.