Biola_Catalog_19720101NA

361, 362 BUSINESS LAW (3, 3) First semester: function of law in our society; the law of contracts and the Uniform Commercial Code. Second semester: laws of agency, partnerships, corporations, credi­ tors, rights, and property. Alternate years, offered 1972-73. 364 SMALL BUSINESS MANAGEMENT (3) Methods, problems, and factors involved in launching and operating small mercantile or service business. Alternate years, offered 1972-73. 370 CORPORATE FINANCE (3) Problems and methods in securing funds for corporations; nature of securities markets Prerequisite: 211, 212. Offered on sufficient demand. 411 ADVANCED ACCOUNTING (3 ) Analysis of accounting systems and financial statements; preparation of consolidated financial statements; subsidiary and corporate affiliation accounting. Prerequisite: 312, 313. 412 AUDITING (3) Standards and control concepts; internal control and procedures; closing the audit. Prerequisite: 211, 212. 415 BUSINESS MANAGEMENT AND ORGANIZATION (3) Principles of organization, authority, responsibility, and accountability; problems of location, risks, merchandising control, levels of management, and human relations of the business enterprise. Prerequisites: 212, Economics 201 . Alternate years, offered 1972-73. 418 PERSONNEL MANAGEMENT (3) Organization and role of the personnel department in business; analyzing and solving case problems drawn from industry. Alternate years, offered 1973-74. 437 REAL ESTATE (3) Laws relating to rights and obligations inherent in ownership of real property; how title to real property is transferred; homesteads, trust deeds, liens; land descriptions; escrow procedure; title insurance; the real estate broker. Offered on sufficient demand. 450 READING AND CONFERENCE (3) Designed to meet individual student interest in specialized areas; independent study with assigned projects. Prerequisite: Consent of instructor. 470 RESEARCH (2-3) Methods of modern research in industry, with a project designed to encompass individual student interest. Prerequisite: Consent of instructor.

Economics 201, 202 PRINCIPLES OF ECONOMICS (3, 3)

Principles underlying the U.S . balance of payments, the Gross National Product, in­ flation , unemployment, ecology problems, etc. Recommended for social science majors. 345 CURRENT ECONOMIC ISSUES (3) Reading and analysis of articles in periodicals and the daily press relating to economic problems. Utilizes principles developed in Economics 201, 202. Offered on sufficient demand. 105

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