Business law is designed for businesspeople, and it deals with all the nuts and bolts of running a business. Some people may scoff at this, but I beg to differ. Business is a unique and complex field. There are lots of questions about how to run it, what kind of documents you should keep, and what you can and cannot legally do. It’s these kinds of issues that business law experts, like the ones at the University of Minnesota, really have an expertise about.
Fortunately, they’ve done the research on the quiz and can help you decide if it would help you to take it. Take My Business Law for Managers isn’t designed as a class in which you study law or legal jargon. Rather, it’s designed to be a quick review of the sorts of questions typically asked by managers in business. The quizzes are short, so you won’t have to spend hours trying to get to the most important information. If you’re pressed for time and you don’t want to spend that kind of time, it’s well worth taking the quiz.
Of course, when you take my business law for managers quiz, you don’t get to choose who will take it. It’s held by the University of Minnesota. You’ll have to show your own commitment to studying and taking exams. You probably don’t even have to pass the bar exam to take the quiz. Just showing a willingness to participate in the study program and passing the LSAT or equivalent is enough.
What do you learn in the course? You’ll hear about some common questions business owners have, such as whether there’s a conflict of interest if one person takes the job and another doesn’t. You’ll also hear about what types of decisions managers have to make, such as deciding what taxes to use and whether to purchase insurance. And you’ll find out what sorts of tax strategies are commonly used by successful business owners.
The University of Minnesota website offers a helpful guide to answering questions. In addition to taking a course at the university, you can also take online courses and prepare for tests. But if you’re pressed for time, you’ll want to get everything you need from the ready-made guides offered on the website. You can get a short overview of the course on the home page. Or, you may like to scroll through the pages and read the details for each topic.
Even if you’re not certain which direction to take in your career, this may be a good course to start with. Business law is more complex than most other legal topics. If you’re trying to decide whether to practice law or work for a management consulting firm, for example, you’ll have to learn about mergers and acquisitions, corporate finance, and arbitration, among other things. But when it comes to business law, you can be sure that you’ll understand everything you need to know before even taking the test. That’s something else that the prepared, self-prepared people who take courses like this will appreciate.
Don’t just take my business law for managers at face value. You’ll need to pay attention to the materials given to you and to hear from professors who are experts in their field. So go ahead and get started on your course, but don’t assume that you already know everything there is to know.