UNIVERSITY OF ILLINOIS

COLLEGE OF BUSINESS
BUSINESS LAW BADM 403
Spring 2020
Professor Margaret M. Wright

Professor Margaret M. Wright

mwright@illinois.edu
(217) 244-6218

OFFICE HOURS AND LOCATION

Monday and Wednesday
12:30pm-1:30pm
Wohlers Hall #313

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COURSE TIME AND LOCATION:

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Online

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TEACHING ASSISTANT (TA):
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Sarah Kyung (skyung2@illinois.edu)
Marc Cox Allen (mcox9@illinois.edu)
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TEXTBOOK: (Custom)
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(1) The Legal Environment of Business, Text and Cases (10th Edition), Cross-Miller [2018]
(2) Business Law (17th Edition), Smith & Roberson [2018]

You are not being required to purchase two textbooks. The publisher of these books, Cengage,
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has developed one CUSTOM text, combining chapters from both textbooks. There will ONLY be
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an electronic version of the textbook available. You can buy the CUSTOM textbook through
your Compass web page for the class.
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ABOUT THE COURSE

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The course is geared to those subjects that may be on the Business Law portion of the CPA
exam. Currently, the CPA exam covers the following topics in business law: agency, contracts,
contract defenses, UCC sales, pass through entities, securities (Securities Act of 1933 and the
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Securities Exchange Act of 1934. If you took a BADM 300 survey course, there will be some
overlap, but refreshing your business law memory is a plus!

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 The material is categorized into four units. Each of the four units will last about four weeks,
including through Spring break. For each unit, you will be asked to read a specified chapter in
the textbook and watch the corresponding micro lecture videos for those chapters. Each week,
you will be asked to take a 20 point quiz. The fourth week you will take a Test for 130 points.
For extra credit of 2 points each week, you will asked to answer 10 practice questions. All
materials, the quiz, the prompt, the practice questions and during the test week, the test, will
all be released on Monday. These assignments each have their own due date each week. The
practice questions on Wednesday, the prompt on Friday, the quiz and tests on Sunday. (Each
set forth on course calendar).

The class moves along at a pretty fast clip. It is important that you remain current in viewing the
videos and timely preparation of assignments.

GRADING Per Item Total Percentage

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Test 1-4= 130 points each 520 total 52%

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Quizzes=1-12 20 points each 240 total 24%

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20 points each 240 total 24%
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Prompts 1-12 1,000 total 100%

EXTRA CREDIT POINTS=24 points in total

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Every week, students will be given 10 “practice questions” to do. The purpose of the practice
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questions is to prepare you to take the quiz and the Test for each of the modules. Simply
undertaking the practice questions will yield extra credit of 2 points. You do not need to get the
answers to the practice questions correct, you only have to do them. If you do all the practice
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questions, for each week, you could gain 24 points in total. There are three weeks of practice
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questions in each module (6 points) and there are four modules (4 x 6=24). The practice points
are opened up every Monday and they are due by 11:59pm on Wednesday of each week.

TESTS=130 Points Each

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There will be a total of four (04) Tests, one covering each Module. The Tests are non-
cumulative. Each Test will have 65 questions. There will be 50 multiple-choice and 15
true/false, each question being worth 02 points for a total of 130 points. You can take the Test
any time from the time the materials are opened up, but they are due by 11:59pm each
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Sunday. You can take up to 80 minutes on the Test. The Test is open book, but remember your
time constraints. Remember, once you start the Test, you must finish it.

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 QUIZZES=20 Points Each

We will be covering 12 chapters in this course. For each Chapter there is a Quiz consisting of 20 points.
Each quiz will have ten questions, each question being worth 2 points each. The quizzes will be opened
up on Monday of each week. They are due on or before 11:59pm on Sunday of each week. You will have
30 minutes to complete each quiz. These quizzes are designed to keep you engaged with the class and
to help with your preparation for each Unit Test. The Quizzes are open book, but remember your time
constraints. Once you start the quiz, you must complete it.

PROMPTS AND REFLECTIVE RESPONSES=20 Points Each

There are 3 “Prompts” that you will receive in each Module. There are four Modules for a total of 12
Prompts. You must provide a “Reflective Response” to the Prompt. The reflective response should not
be longer than 500 words, give or take 10 words either way. The reflective response will be released at
the beginning of each week on Monday and will be due on or before Friday at 11:59pm.

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GRADES

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97%-100%=A+ 60-62=D

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93-96=A >59=F
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90-92=A-

87-89=B+
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83-86=B
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80-82=B-

77-79=C+
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73-76=C
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70-72=C-

68-69=D+
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63-66=D

I reserve the right to adjust the grading scale if I believe it warranted and if such adjustment is made, it
will only lead to the upward adjustment of the student grades as a whole.
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 SPECIAL ACCOMMODATIONS

If you have any condition, such as a physical or learning disability, which will make it difficult for
you to carry out the work as we have outlined it or which will require academic
accommodations, please notify your Primary Teaching Assistant or Professor Wright during the
first week of the course and we will strive to accommodate you. Requests for special
accommodations will require documentation from the Disability Resources Educational Services
(DRES).

ACADEMIC INTEGRITY AND DISHONESTY

The Code of Policies and Regulations Applying to All Students will be applied in all instances of
academic misconduct committed by students. This applies to all testing, including the Quizzes and
Tests. You can review these policies at the following web site:

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http://admin.illinois.edu/policy/code/index.html. Please remember that these Academic Misconduct

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Policies apply to you regardless of whether you have read the policies or not.

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