FBLA Business Law Competitive Events Guidelines Study Guide

Vocabulary flashcards covering the knowledge areas, test breakdowns, and core objectives outlined in the 2026–2027 FBLA Business Law (High School) Competitive Events Guidelines.

Learning Activity Packages (LAPs)

Instructional resources from MBA Research featuring readings, activities, and assessments that are available exclusively to teacher advisers.

National Business Administration Standards

Educational standards from the MBA Research and Curriculum Center to which the event objectives (represented by two-letter, three-digit codes) are aligned.

Legal Foundations

A knowledge area comprising 15 test items that covers the nature and sources of U.S. law, the judicial system, legal procedure, administrative law, and business ownership types.

Commercial Law

A knowledge area comprising 20 test items that includes contracts, business torts, agency and debtor-creditor relationships, intellectual property protection, environmental law, and consumer protection.

Employment Law

A knowledge area comprising 15 test items covering human resources regulations, workplace regulations (including OSHA and ADA), employment relationships, and ethics in HR management.

Business Ethics

A knowledge area comprising 15 test items addressing ethical dilemmas, ethical leadership, modeling ethical behavior, and the fundamental nature of business ethics.

Financial & Tax Law

A knowledge area comprising 15 test items covering consumer financial products, the purposes and importance of credit, legal considerations for accounting and finance, and taxes.

International Trade & Commerce Law

A knowledge area comprising 20 test items focusing on import/export law, customs regulations, international treaties and customs, global trade impacts, bribery, and global labor issues.

Workplace Regulations (BL:008)

An Employment Law objective that includes compliance with regulations such as OSHA and the ADA.

Sources of International Law (BL:142)

The formal origins and recognized bases of international law specified in the guidelines, notably treaties and international customs.

Debtor-Creditor Relationships (BL:071)

A Commercial Law objective examining the legal frameworks, rights, and obligations governing lending, borrowing, and credit recovery.

Intellectual Property Protection (BL:051)

A Commercial Law topic focused on the legal methods and mechanisms used by enterprises to protect proprietary intangible assets.

Bribery and Foreign Monetary Payments (EC:140)

An objective under International Trade & Commerce Law examining the legal and business impacts of foreign corrupt practices and monetary inducements.

Administrative Law (BL:074)

A Legal Foundations topic examining the role, authority, and procedures of governmental administrative agencies.