Business Law Today: Text and Summarized Cases, Standard Edition

Contents in Brief......Page 7
Contents......Page 9
Preface to the Instructor......Page 18
Dedication......Page 31
Unit 1 The Legal Environment of Business......Page 33
 Ch 1: The Legal Environment......Page 35
  Business Activities and the Legal Environment......Page 36
  Sources of American Law......Page 38
  The Common Law Tradition......Page 43
  Classifications of Law......Page 48
  Appendix to Chapter 1: Finding and Analyzing the Law......Page 56
 Ch 2: Constitutional Law......Page 65
  The Constitutional Powers of Government......Page 66
  Business and the Bill of Rights......Page 72
  Due Process and Equal Protection......Page 81
  Privacy Rights......Page 83
 Ch 3: Courts and Alternative Dispute Resolution......Page 92
  Basic Judicial Requirements......Page 93
  The State and Federal Court Systems......Page 102
  Following a State Court Case......Page 107
  The Courts Adapt to the Online World......Page 114
  Alternative Dispute Resolution......Page 115
 Ch 4: Torts and Cyber Torts......Page 127
  The Basis of Tort Law......Page 128
  Intentional Torts against Persons......Page 129
  Intentional Torts against Property......Page 139
  Unintentional Torts (Negligence)......Page 143
  Strict Liability......Page 150
  Cyber Torts......Page 151
 Ch 5: Intellectual Property and Internet Law......Page 158
  Trademarks and Related Property......Page 159
  Cyber Marks......Page 167
  Patents......Page 170
  Copyrights......Page 172
  Trade Secrets......Page 178
  International Protection for Intellectual Property......Page 179
 Ch 6: Criminal Law and Cyber Crime......Page 187
  Civil Law and Criminal Law......Page 188
  Criminal Liability......Page 190
  Types of Crimes......Page 193
  Defenses to Criminal Liability......Page 200
  Constitutional Safeguards and Criminal Procedures......Page 202
  Criminal Process......Page 207
  Cyber Crime......Page 210
 Ch 7: Ethics and Business Decision Making......Page 222
  Business Ethics......Page 223
  Ethical Transgressions by Financial Institutions......Page 228
  Approaches to Ethical Reasoning......Page 230
  Making Ethical Business Decisions......Page 233
  Business Ethics on a Global Level......Page 234
 Ch 8: International Law in a Global Economy......Page 243
  International Law - Sources and Principles......Page 244
  Doing Business Internationally......Page 248
  Regulation of Specific Business Activities......Page 250
  Commercial Contracts in an International Setting......Page 253
  Payment Methods for International Transactions......Page 256
  U.S. Laws in a Global Context......Page 258
 Unit 1: Business Case Study with Dissenting Opinion: Paduano v. American Honda Motor Co.......Page 266
Unit 2: Contracts......Page 270
 Ch 9: Nature and Classification......Page 272
  An Overview of Contract Law......Page 273
  Elements of a Contract......Page 274
  Types of Contracts......Page 275
  Quasi Contracts......Page 281
  Interpretation of Contracts......Page 282
 Ch 10: Agreement in Traditional and E-Contracts......Page 290
  Agreement......Page 291
  E-Contracts......Page 301
  The Uniform Electronic Transactions Act......Page 305
 Ch 11: Consideration, Capacity, and Legality......Page 314
  Consideration......Page 315
  Promissory Estoppel......Page 319
  Contractual Capacity......Page 321
  Legality......Page 324
  The Effect of Illegality......Page 331
 Ch 12: Defenses to Contract Enforceability......Page 338
  Voluntary Consent......Page 339
  The Statute of Frauds - Writing Requirement......Page 346
  The Statute of Frauds - Sufficiency of the Writing......Page 351
  The Parol Evidence Rule......Page 353
 Ch 13: Third Party Rights and Discharge......Page 360
  Assignments......Page 361
  Delegations......Page 365
  Third Party Beneficiaries......Page 368
  Contract Discharge......Page 371
 Ch 14: Breach and Remedies......Page 385
  Damages......Page 386
  Equitable Remedies......Page 392
  Recovery Based on Quasi Contract......Page 396
  Contract Provisions Limiting Remedies......Page 397
  Appendix to Chapter 14: An Annotated Employment Contract......Page 403
 Unit 2: Business Case Study with Dissenting Opinion: Braddock v. Braddock......Page 409
Unit 3: Commercial Transactions......Page 414
 Ch 15: The Formation of Sales and Lease Contracts......Page 416
  The Scope of the UCC and Articles 2 (Sales) and 2A (Leases)......Page 417
  The Formation of Sales and Lease Contracts......Page 422
  Title and Risk of Loss......Page 432
  Contracts for the International Sale of Goods......Page 439
 Ch 16: Performance and Breach of Sales and Lease Contracts......Page 447
  Obligations of the Seller or Lessor......Page 448
  Obligations of the Buyer or Lessee......Page 455
  Anticipatory Repudiation......Page 456
  Remedies of the Seller or Lessor......Page 457
  Remedies of the Buyer or Lessee......Page 460
  Limitation of Remedies......Page 465
 Ch 17: Warranties and Product Liability......Page 471
  Warranties......Page 472
  Lemon Laws......Page 478
  Product Liability......Page 479
  Strict Product Liability......Page 480
  Defenses to Product Liability......Page 488
 Ch 18: Negotiable Instruments: Transferability and Liability......Page 496
  Types of Instruments......Page 497
  Requirements for Negotiability......Page 500
  Transfer of Instruments......Page 506
  Holder in Due Course (HDC)......Page 511
  Signature and Warranty Liability......Page 515
  Defenses, Limitations, and Discharge......Page 519
 Ch 19: Checks and Banking in the Digital Age......Page 528
  Checks......Page 529
  The Bank-Customer Relationship......Page 531
  Bank\'s Duty to Honor Checks......Page 532
  Bank\'s Duty to Accept Deposits......Page 538
  Electronic Fund Transfers......Page 543
  E-Money and Online Banking......Page 545
 Ch 20: Secured Transactions......Page 553
  Creation of a Security Interest......Page 554
  Perfection of a Security Interest......Page 556
  The Scope of a Security Interest......Page 563
  Priorities......Page 565
  Rights and Duties of Debtors and Creditors......Page 567
  Default......Page 569
  Laws Assisting Creditors......Page 576
  Protection for Debtors......Page 582
  Bankruptcy Proceedings......Page 583
  Chapter 7 - Liquidation......Page 585
  Chapter 11 - Reorganization......Page 596
  Bankruptcy Relief under Chapter 12 and Chapter 13......Page 598
 Ch 22: Mortgages and Foreclosures after the Recession......Page 607
  Mortgages......Page 608
  Real Estate Financing Law......Page 612
 Unit 3: Business Case Study with Dissenting Opinion: First Bank v. Fischer & Frichtel, Inc.......Page 626
Unit 4: Agency and Employment Law......Page 629
 Ch 23: Agency Relationships in Business......Page 631
  Agency Relationships......Page 632
  How Agency Relationships Are Formed......Page 635
  Duties of Agents and Principals......Page 638
  Agent\'s Authority......Page 640
  Liability in Agency Relationships......Page 644
  How Agency Relationships Are Terminated......Page 650
 Ch 24: Employment, Immigration, and Labor Law......Page 658
  Employment at Will......Page 659
  Wages, Hours, and Layoffs......Page 661
  Family and Medical Leave......Page 664
  Worker Health and Safety......Page 665
  Income Security......Page 666
  Employee Privacy Rights......Page 669
  Immigration Law......Page 673
  Labor Unions......Page 676
 Ch 25: Employment Discrimination and Diversity......Page 688
  Title VII of the Civil Rights Act of 1964......Page 689
  Discrimination Based on Age......Page 699
  Discrimination Based on Disability......Page 701
  Defenses to Employment Discrimination......Page 705
  Affirmative Action......Page 706
 Unit 4: Business Case Study with Dissenting Opinion: EEOC v. Greater Baltimore Medical Center, Inc.......Page 712
Unit 5: Business Organizations......Page 717
 Ch 26: Sole Proprietorships and Private Franchises......Page 719
  Sole Proprietorships......Page 720
  Franchises......Page 723
  The Franchise Contract......Page 726
  Termination of the Franchise......Page 728
 Ch 27: All Forms of Partnership......Page 736
  Basic Partnership Concepts......Page 737
  Partnership Formation......Page 739
  Partnership Operation, Dissociation, and Termination......Page 741
  Limited Liability Partnerships......Page 750
  Limited Partnerships......Page 751
 Ch 28: Limited Liability Companies and Special Business Forms......Page 759
  Limited Liability Companies......Page 760
  LLC Operation and Management......Page 764
  Dissociation and Dissolution of an LLC......Page 767
  Special Business Forms......Page 770
 Ch 29: Corporate Formation, Merger, and Termination......Page 777
  Corporate Nature and Classification......Page 778
  Corporate Formation and Powers......Page 784
  Piercing the Corporate Veil......Page 790
  Corporate Financing......Page 792
  Mergers and Acquisitions......Page 795
  Corporate Termination......Page 800
 Ch 30: Corporate Directors, Officers, and Shareholders......Page 807
  Directors and Officers......Page 808
  Duties and Liabilities of Directors and Officers......Page 811
  Shareholders......Page 816
  Rights of Shareholders......Page 820
  Duties and Liabilities of Shareholders......Page 825
  Major Business Forms Compared......Page 826
 Ch 31: Investor Protection, Insider Trading, and Corporate Governance......Page 833
  Securities Act of 1933......Page 834
  Securities Exchange Act of 1934......Page 842
  State Securities Laws......Page 849
  Corporate Governance......Page 850
  Online Securities Fraud......Page 855
 Unit 5: Business Case Study with Dissenting Opinion: Notz v. Everett Smith Group, Ltd.......Page 861
Unit 6: Government Regulation......Page 865
 Ch 32: Antitrust Law and Promoting Competition......Page 867
  The Sherman Antitrust Act......Page 868
  Section 1 of the Sherman Act......Page 870
  Section 2 of the Sherman Act......Page 874
  The Clayton Act......Page 879
  Enforcement and Exemptions......Page 882
  U.S. Antitrust Laws in the Global Context......Page 884
 Ch 33: Consumer and Environmental Law......Page 890
  Consumer Law......Page 891
  Environmental Law......Page 902
 Ch 34: Liability of Accountants and Other Professionals......Page 916
  Potential Common Law Liability to Clients......Page 917
  Potential Liability to Third Parties......Page 923
  The Sarbanes-Oxley Act......Page 925
  Potential Statutory Liability of Accountants under Securities Laws......Page 926
  Confidentiality and Privilege......Page 931
 Unit 6: Business Case Study with Dissenting Opinion: Department of Environmental Quality......Page 937
Unit 7: Property and Its Protection......Page 941
 Ch 35: Personal Property and Bailments......Page 943
  Property Ownership......Page 944
  Acquiring Ownership of Personal Property......Page 945
  Mislaid, Lost, and Abandoned Property......Page 950
  Bailments......Page 952
  The Nature of Real Property......Page 965
  Ownership Interests in Real Property......Page 967
  Transfer of Ownership......Page 970
  Leasehold Estates......Page 976
  Landlord-Tenant Relationships......Page 977
 Ch 37: Insurance, Wills, and Trusts......Page 983
  Insurance......Page 984
  Wills......Page 990
  Trusts......Page 999
 Unit 7: Business Case Study with Dissenting Opinion: Kovarik v. Kovarik......Page 1010
 Appendix A: How to Brief Cases and Analyze Case Problems......Page 1015
 Appendix B: The Constitution of the United States......Page 1017
 Appendix C: The Uniform Commercial Code (Excerpts)......Page 1025
 Appendix D: The Sarbanes-Oxley Act (Excerpts and Explanatory Comments)......Page 1145
 Appendix E: Answers to Issue Spotters......Page 1152
 Appendix F: Answers to Even-Numbered For Review Questions......Page 1158
 Appendix G: Sample Answers for Questions with Sample Answer......Page 1166
 Appendix H: Sample Answers for Case Problems with Sample Answer......Page 1172
 Appendix I: Case Excerpts for Case Analysis Questions......Page 1179
Glossary......Page 1187
Table of Cases......Page 1205
Index......Page 1213