PRCH 2680 - Purchasing Law

This course will develop an understanding of the source of law in the United States and in-depth study of the following federal laws and the effect on purchasing policy and practices: (Sherman Anti-Trust Act, Clayton Act, FTC Act, Robinson- Patman Act, Miller-Tydings Act and OSHA), the nature of contractual relationships, the requirements of a valid contract, the agreement with offer and acceptance and what constitutes consideration.

Credits: 3

Lecture/Lab Hours: 3 lecture hrs/week