# CTE Resource Center - Verso - Business Law Related NBEA Achievement Standards for Business Law

CTE Resource Center - Verso

Virginia’s CTE Resource Center

Related NBEA Achievement Standards for Business Law

NBEA Achievement Standards for Business Law

NBEA (National Business Education Association) standards have been correlated to ensure that students and adults are afforded equal access to fundamental business knowledge and skills and, therefore, an equal opportunity for success in life" (National Standards for Business Education, NBEA, 2007).

Analyze and solve difficult ethical and legal problems.

 

Analyze selected contract clauses such as mandatory arbitration agreements and choice of forum clauses.


Analyze specific cases by stating the facts, finding the legal questions, applying the laws, and resolving the issues.

 

Analyze the constitutionality of various statutes and regulations.

 

Analyze the effect of technology on litigation and related business practices.

 

Analyze the functions of negotiable instruments, insurance, secured transactions, and bankruptcy.

 

Analyze the impact and consequences of selected criminal violations on businesses.

 

Analyze the impact of international law on bankruptcy.

   

Analyze the impact of international law on contracts.

 

Analyze the impact of international law on personal property transactions.


 

Analyze the impact of the Internet on questions of court jurisdiction.

 

Analyze the reasons that certain cases reach the U.S. Supreme Court.

 

Analyze the role of U.S. and state attorney generals in enforcement of consumer protection statutes.


Clarify when sales contracts must be in writing and state the exceptions.

 

Compare a contract of suretyship with a contract of guaranty.

   

Compare and contrast the steps in a civil law suit with the steps in a criminal prosecution.

 

Compare condominium, cooperative, and timeshare ownership of real property.

   
 

Compare real property, personal property, and fixtures and explain why property distinctions are important.

   
 

Compare the definition of civil union with that of marriage.

 

Compare the four kinds of deeds in common use and point out when each would be used.

   
 

Compare the role of the juvenile court with the role of other courts within a state, territory, or province.

 

Contrast annulment, divorce, and dissolution proceedings.

   

Contrast legal separation, annulment, divorce, and dissolution proceedings.

 

Contrast the age requirements for marriage under the laws of different states and other countries.

   

Define "domestic partnership" and explain how it is created under various state laws.

 

Define "executive order" and explain its relevance to the legal system of the U.S.

 

Define and distinguish between different types of consideration and list the exceptions to the requirements of consideration.

 

Define civil law.

 

Define criminal law.

 

Define different types of business crime (e.g., arson, forgery, and embezzlement).

 

Define ethics.

 

Define globalization and explain the effects that globalization can have on ethics and law.

 

Define marriage and explain the rights and obligations that are involved in marriage.

   

Define statutory law, identify the purposes of statutory law, and describe how a bill becomes a statute under the federal law.

  

Define the following computer-related crimes: cyberstalking, cyberspoofing, cyberextortion, phishing, cyberpiracy, identity theft, cyberterrorism, cybervandalism, and cybergerm warfare.

 

Demonstrate an understanding of the nature of a contractual relationship.

 

Demonstrate the need for social responsibility.

 

Describe Chapter 7 Bankruptcy, and state the eligibility requirements to file for this under the 2005 Bankruptcy Code.


 
 

Describe breach of contract and the remedies available when a contract is breached.

 

Describe how to develop an ethical and legal lifestyle.

 

Describe the basic structure of the national and state, territory, and province court systems.

 

Describe the branches of the Government as presented in the U.S. Constitution.

 

Describe the penalties available in criminal law and the remedies available in tort law.

 

Describe the powers and limitations of the federal government as stated in the Constitution.

 

Describe the various federal agencies (e.g., Department of Energy, Energy Regulatory Commission, and Nuclear Regulatory Commission) that impact energy regulation and conservation.

   

Describe the various federal statutes (e.g., National Environmental Policy Act, Clean Air Act, Clean Water Act, and Toxic Substance Control Act) that impact the environment.

   

Describe the various international initiatives that influence environmental regulations.

   

Describe the various rules applied to the interpretation of contracts.

 

Describe the various state statutes that impact energy regulation and conservation.

   

Describe the various state statutes that impact the environment.

   

Describe the various types of trusts (e.g., living, testamentary, charitable, private, spendthrift, revocable, and irrevocable trusts).

 

Describe various state laws related to the distribution of property in a divorce.

  

 

Determine methods of transferring real property other than by sale.

   

Determine the appropriateness of wills and trusts in estate planning.

 

Determine whether or not an agreement is definite enough to be enforced as a contract.

 

Differentiate between cases that belong within the jurisdiction of the federal and state, territory, and province court systems.

 

Differentiate between categories of crime (e.g., treason, felony, and misdemeanor).

 

Differentiate between classes of contracts (e.g., bilateral and unilateral, express and implied, and oral and written).

 

Differentiate between the roles of the U.S. Supreme Court and state, territory, and province supreme courts.

 

Discuss the consequences of violating criminal and civil law in different countries.

 

Discuss the impact of different state laws concerning consumer protection for businesses using the Internet or involved in e-commerce.


Discuss the impact of the laws of different countries on bankruptcy.

   

Discuss the impact of the laws of different countries on consumer protection.


Discuss the impact of the laws of different countries on divorce, property distribution, child custody, and child support.

   

Discuss the impact of the laws of different countries on marriage and the rights and obligations involved in marriage.

   

Discuss the impact of the laws of different countries on wills.

   

Discuss the impact of treaties and the laws of different countries on negotiable instruments

   
 

Distinguish between a tort and a crime.

 

Distinguish between civil and criminal law.

 

Distinguish between the protection given to spouses and to children under the law of wills.

   

Distinguish between the roles of legal professionals (e.g., judges, lawyers, and paralegals).

 

Distinguish unethical from illegal behavior.


Explain a minor's right to avoid a contract.

 

Explain a person's responsibility to obey the law.

 

Explain a person's responsibility under the law.

 

Explain how a bailment is created and describe the standard of care different bailees are required to exercise over bailed property.

   

Explain how a will may be modified or revoked.

   

Explain how offer and acceptance can create contractual rights and duties.

 

Explain some of the typical grounds for divorce and annulment.

   

Explain the concept of "white collar crime" and provide examples.

  

Explain the function of the court.

 

Explain the impact of the laws of different countries on prenuptial agreements.

   

Explain the importance and function of negotiable instruments.

   
 

Explain the legal rules that apply to environmental law and energy regulation.

 

Explain the legal rules that apply to marriage, divorce, and child custody.

 

Explain the legal rules that apply to personal property, real property, and intellectual property.


 

Explain the nature of a contractual relationship.


Explain the relationship between law and ethics.

 

Explain the requirements for creditors to file for Chapter 7 involuntary bankruptcy under the 2005 Bankruptcy Code.

 

Explain the rights and obligations of landlords and tenants on termination of a lease including lawful and unlawful eviction procedures.

   
 

Explain the various rules applied to contracts involving third parties.

 

Explain what happens to a decedent's estate when a person dies without a will.

   

Explain when to apply the law of sales and leases of goods under the Uniform Commercial Code (UCC).

   
 

Identify and discuss alternatives to bankruptcy.

   

Identify and explain bankruptcy exemptions, and state the domiciliary requirement for state exemptions to apply.

 

Identify and state the purpose of legislation that regulates consumer credit and electronic credit transactions (e.g., Fair Credit Reporting Act, Fair Credit Billing Act, Equal Credit Opportunity Act, Fair Credit Collection Practices Act, and Consumer Credit Protection Act).


Identify categories of people who lack contractual capacity.

 

Identify consequences of illegal conduct.

 

Identify consequences of unethical conduct.

  

Identify debts that are not extinguished by bankruptcy.

   

Identify different areas of civil law that impact business (e.g., tort, contract, and property law).

 

Identify legislation that regulates consumer credit and electronic credit transactions (e.g., Fair Credit Reporting Act, Fair Credit Billing Act, Equal Credit Opportunity Act, Fair Credit Collection Practices Act, and Consumer Credit Protection Act).

   

Identify problems created when contracts are negotiated and entered into over the Internet.


Identify the limitation of the state homestead exemption under the 2005 Bankruptcy Code.


 

Identify the requirements necessary for a valid will.

   

Identify the responsibilities of a personal representative or executor or administrator in the settlement of an estate.

   

Identify the rights and duties of beneficiaries.

   

Identify the types of marriages that are prohibited by law.

   

Judge whether a particular writing meets the requirement of the UCC for the sale of goods.

   

List and explain the remedies of the buyer when the seller breaches the sales contract.

   

List and explain the remedies of the seller when the buyer breaches the sales contract.

   

List the elements required to create a contract.

 

List the essential information that should be included in writing under the Statute of Frauds.

 

List the ways a contract can be discharged.

 

Outline the law of domestic relations as it relates to spousal and child support.

   
 

Point out the eligibility requirements for debtors who do not qualify for Chapter 7 Bankruptcy to file for Chapter 13 Bankruptcy under the 2005 Bankruptcy Code.

 

Recognize the principal differences between the Uniform Commerical Code and the UN Convention on Contracts for the International Sale of Goods.

 

Summarize the principal features of Chapters 11, 12, and 13 Bankruptcy Code.