Standard 1
To
prepare students for entry level jobs or additional education in the
business
industry.
Benchmark 1
Agency and Employment - Agency
Indicator 1
The student will distinguish between an agent and individuals,
such as
independent contractors, real estate brokers, bailees, and trustees.
Indicator 2
The student will distinguish between a general power of
attorney and a limited
power of attorney.
Indicator 3
The student will explain the different types of agents.
Benchmark 2
Agency and Employment - Employment
Indicator 1
The student will explain the relationship of Title VII
of the Civil Rights Act to
employment.
Indicator 2
The student will determine what questions can and cannot
be asked during an
employment interview.
Indicator 3
The student will demonstrate an understanding of the basis
on which employees
or applicants may be asked to take tests, such as aptitude, psychological,
polygraph, and drug tests.
Indicator 4
The student will identify other legislation that regulates
employee rights, such as
the Americans with Disabilities Act, the Age Discrimination in Employment Act,
and the Family and Medical Leave Act.
Indicator 5
The student will identify legislation that regulates employment
conditions, such
as the Fair Labor Standards Act, the Immigration Reform and Control Act, and
the Occupational Safety and Health Act.
Indicator 6
The student will determine legislation which guarantees
worker benefits, such as
unemployment insurance legislation, pension protection legislation, workers
compensation legislation, and social security legislation.
Indicator 7
The student will describe the collective bargaining process.
Indicator 8
The student will identify legislation that regulates union
activities, such as the
National Labor Relations Act, the Taft Hartley Act, and the Landrum-Griffin
Act.
Benchmark 3
Business Organizations - Sole Proprietorships and Partnerships
Indicator 1
The student will outline the legal procedures for forming
and running a sole
proprietorship.
Indicator 2
The student will explain the property
rights involved in partnerships, such as
tenancy in partnership and sharing of profits.
Indicator 3
The student will identify how the partnership may be dissolved
by the acts of the
partners, operation of the law, and by order of the court.
Indicator 4
The student will distinguish a limited partnership from
a general partnership.
Indicator 5
The student will explain the rights and duties of limited
partners and general
partners in a limited partnership.
Indicator 6
The student will explain the distribution of assets after
the dissolution of a limited
partnership.
Benchmark 4
Business Organizations - Corporations
Indicator 1
The student will differentiate among types of Corporations,
such as profit,
non-profit, domestic, foreign and S corporations.
Indicator 2
The student will explain the steps in forming a corporation.
Indicator 3
The student will explain the circumstances under which
the courts may "pierce
the corporate veil".
Indicator 4
The student will describe the functions of the board of
directors and officers of a
corporation with regard to control of corporate affairs.
Indicator 5
The student will differentiate among types of stock, such
as common and
preferred.
Indicator 6
The student will identify shareholder rights, such as the
right to receive dividends
the right to vote, the right to inspect books, and pre-emptive rights.
Indicator 7
The student will describe when promoters, directors, and
officers are liable to the
corporation, shareholders, and third persons.
Benchmark 5
Business Organizations - Limited Liability Corporations
Indicator 1
The student will explain the steps in forming a limited
liability corporation.
Indicator 2
The student will explain the advantages and disadvantages
of doing business as
a limited liability corporation.
Indicator 3
The student will explain the nature of management responsibilities
in a limited
liability corporation.
Benchmark 6
Property Law - Personal Property
Indicator 1
The student will identify the forms of co-ownership of
personal property.
Indicator 2
The student will explain how a bailment is created and
describe the standard of
care different bailees are required to exercise over bailed property.
Indicator 3
The student will distinguish between an ordinary bailment
and a special bailment.
Indicator 4
The student will define intellectual property and list
types of intellectual property.
Indicator 5
The student will identify a common carrier's liability
for loss or damage to goods.
Benchmark 7
Property Law - Real Property
Indicator 1
The student will distinguish among liens, licenses, and
easements and explain
the differences.
Indicator 2
The student will list the major estates in land and describe
the major features of
each.
Indicator 3
The student will list and describe the forms of co-ownership
of real property.
Indicator 4
The student will illustrate the method of transferring
title (deeding) to real
property.
Indicator 5
The student will describe the kinds of rental relationships
that landlords and
tenants may create.
Benchmark 8
Commercial Paper
Indicator 1
The student will identify and explain the essential elements
of a negotiable
instrument.
Indicator 2
The student will describe the different types of negotiable
instruments and
different types of endorsements.
Indicator 3
The student will explain the contractual relationship between
the bank and its
customers.
Indicator 4
The student will describe stop-payment orders.
Benchmark 9
Computer Technology
Indicator 1
The student will prepare a computerized spreadsheet to
analyze and present
data.
Indicator 2
The student will prepare graphic presentations of
data by computer.
Indicator 3
The student will incorporate graphic presentation of data
in a printed document.
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