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703 - MSL - Private Law (3 hours)
Most non-criminal law concerns rights and duties between persons: the legal obligations of people to each other in carrying on their day-to-day personal and business lives. This everyday law is called private law and includes an always increasing, wide range of legal subtopics and specialties. Almost all of these private law subtopics, however, derive from and are variants of three, foundational, meta-legal areas of law: tort, contract, and property. This course introduces these three areas; explores their relationships in business and the economy; and considers how they enable free enterprise.