AFM 231Business Law
- Units
- 0.50
- Faculty
- Arts
- Cross-listed
- LS 283
When it runs
- F24
- W25
- S25
- F25
- W26
- S26
- F26
- W27
- S27
Ran in 7 of the last 7 terms. Winter 2027: scheduled, 2 lecture sections. Spring 2027: schedule not out yet.
Particular attention is given to the law relating to contracts and business organizations. Other areas of study include sources of law, the judicial process, real and personal property, torts, agency, credit, and negotiable instruments.
Prerequisites
None listed.
Antirequisites
- Complete all of the following
- Not completed nor concurrently enrolled in any of the following:
- Not completed nor concurrently enrolled in:
- Not open to students enrolled in H-Accounting & Financial Management, H-Mathematics/Chartered Professional Accountancy, or H-Science & Financial Management
- Not open to students enrolled in H-Biotechnology/Chartered Professional Accountancy
Leads to
No course lists it as a requisite.
Fall 2026 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 081 | 3440 | 106 / 130 | Online or by arrangement |
Winter 2027 sections
| Section | Class | Enrolled | Meets |
|---|---|---|---|
| LEC 001 | 3204 | 0 / 140 | T 19:00–21:50 |
| LEC 701 | 1214 | 35 / 9999 | Online or by arrangement |
| TST 101 | 7952 | 0 / 140 | Mar 12 16:30–18:00 |
Reviewed on UW Flow
65% liked it67% easy79% useful
From 141 ratings and 26 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.
Pretty enjoyable class that doesn't require much work. Attend lectures and memorize terms for the exams.
Sep 2012 · liked it · 2 found this helpfulOn UW FlowRemove this
Good for business students needing a general feel for law. Important for opening businesses.
Dec 2012 · liked it · 1 found this helpfulOn UW FlowRemove this
Very useful, applicable to everyday life.
Nov 2012 · liked it · 1 found this helpfulOn UW FlowRemove this
really fun course. the material was enjoyable
Nov 2012 · liked it · 1 found this helpfulOn UW FlowRemove this
boring, law not my thing. not terrible
Jul 2026 · didn’t like itOn UW FlowRemove this
Discussed on r/uwaterloo
55 posts and comments in 48 threads mention AFM 231, June 2014 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.
Spring 2024
AFM 101 vs AFM 231 1 point, 2 comments
u/planarsimplex: “Which of these is more useful in general? Both have very similar ratings on Uwflow”
u/peepeehunger: “Well, AFM 101 = 1 + 0 + 1 = 2 AFM 231 = 2 + 3 +1 = 6 6>2 Therefor, 231 is better.”
u/horseradishvillain: “… Otherwise AFM 231 is fine. You’ll learn some interesting stuff about business law, such as contract and tort law. Some stuff is applicable in your daily life, but overall is probably less useful in practice. …”
Winter 2024
Anyone received AFM231 grade? 1 point, 0 comments
Spring 2023
Possible to take ACTSC 221, AMATH 250, AFM 231, PMATH 330, or CS 338 remotely? 1 point, 8 comments
u/MezzaAhri: “So I have no housing and don't think I can get it in time without paying THESE EXPENSIVE ASS PRICES. Anyways, is it possible to take some of these courses online even though the online section is full, or it's fully in person? …”
Taking a class during work term 2 points, 1 comment
u/Present-Witness6433: “Should I take either of afm 231 or mgmt 244 online during my spring/summer work term? As well, would these classes have in-person finals?”
u/InstantlyNeat: “I cannot provide much insight regarding MGMT 244 as I have not taken the course, however, I thoroughly enjoyed AFM 231. The course material on business law was interesting, and I appreciated how it encouraged students to relate current events to the course content. …”
Winter 2023
AFM 231 Online 1 point, 0 comments
u/Remarkable_Leg9657: “How is AFM 231 online? Does the exam take place online?”
Fall 2022
Bird AFM COURSES 2 points, 4 comments
“Hey guys, I really need to boost my MAV so if anyone knows any bird AFM courses that are easy 90s I would really appreciate it they dropped the course code down in the comments.”
u/Forward-Sprinkles165: “What year are you though? Afm 101 afm 102 afm 131 afm231 all light”
Does Online AFM 231 have online midterms and finals? 0 points, 0 comments
u/okaybeth: “I will likely not be in Waterloo when/if I take it, so it would need to be completely virtual.”
Anyone have the syllabus for LS 283/AFM 231? 0 points, 0 comments
u/JustHangryGG: “Thinking about switching into this course. I know someone who took it last year and they had to pay for a subscription for participation marks. Now there is a new prof teaching the course, and I am curious to know if he's doing the same.”
Spring 2022
Anyone in AFM 231/LS 283? 1 point, 3 comments
u/Dem_Burgers: “title also Testbank?”
Winter 2022
AFM 231 in Engineering 2 points, 2 comments
u/Hefty_Nose5203: “Is AFM 231 manageable as an elective? I'm thinking of taking it in my 3a term in ece. I heard there's a lot of memorization required.”
Some “useful” arts or STEM faculty courses to take? 6 points, 12 comments
“Edit: you all have been incredibly helpful, thank you ╰(´︶)╯♡ I’m currently a 2nd yr Legal Studies and English (RMPC) student who’s about to take some courses for the first time irl this spring …”
u/SmoothSayingSam: “Here’re some useful prerequisite-free courses: AFM 123: Accounting for Managers AFM 131: Introduction to Business in North America AFM 231: Business Law HRM 200: Basic Human Resources Management ENGL 203: Designing Digital Images and Interaction ENGL 204: Designing Digital Video …”
Cease to exist 450 points, 29 comments
u/pornodoro: “this happened to me (misread am as pm) completely my bad but the prof let me defer the exam to next term. Shoutout prof charters for AFM 231, you’ll always have my gratitude”
Check it elsewhere for Fall 2026
- Undergraduate Calendar, 2026–27The official entry
- Requirements for Fall 2026Waterloo’s requisite checker
- Schedule of Classes, Fall 2026Instructors, rooms, live seats
- Quest Class SearchWhere you enrol
- Course outlinesSyllabi from past terms (UW login)
- UW FlowStudent ratings and reviews
- WClassesPast sections back to 2004, and who taught them