[AICPA 과목별 주요내용] REG (2) - Business Law (10~20%)

Regulation 주요내용
(Wiley CPAexcel Exam Review 2017년판 기준)
Business Law (10~20%)

Agency

Types of Agency Relationships and Creation
Authority of Agents and Principals
Duties of Agents and Principals
Contract Liability of Agents and Principals
Tort Liability of Agents and Principals

Contracts

Introduction and Classification

• Applicable Laws
• Types of Contracts

Formation

• Offer and Acceptance
• Consideration
• Writing and Records: The Statute of Frauds
• Defenses to Formation
• Performance: Defining Performance and Breach
• Performance: Discharge of Performance
• Passage of Title and Risk of Loss

Remedies

• Types of Remedies
• Formulas for Damages
• Third-Party Rights

Debtor-Creditor Relationships

Rights, Duties, and Liabilities of Debtors, Creditors, and Guarantors

• Suretyship—Introduction, Creation, and Types
• Suretyship—Rights of Parties

Article 9—UCC Secured Transactions

• Introduction and Creation of Security Interests
• Perfection of Security Interests
• Priorities in Security Interests
• Rights of Secured Parties and Debtors

Bankruptcy and Insolvency

• Prebankruptcy Options, and Introduction to and Declaration of Bankruptcy
• Bankruptcy Process
• Distribution of Debtor's Estate
• Discharge and Reaffirmation Agreements

Government Regulation of Business

Federal Securities Regulation

• Defining a “Security”
• The Registration Process
• Exempt Transactions and Securities
• The JOBS Act of 2012
• Liability Provisions—1933 Act
• Purposes, Requirements, and Provisions of the 1934 Act
• Criminal Liability

Other Federal Laws and Regulations

• Employment Tax
• Affordable Care Act
• Worker Classification Laws and Regulations

Business Structure

Selection and Formation of Business Entity and Related Operation and Termination

• Selection of a Business Entity
• Formation
• Operations: Nonfinancial Factors
• Financial Structure
• Termination

Rights, Duties, Legal Obligations, and Authority of Owners and Management

• Rights and Duties
• Authority of Owners and Managers