Business Law: Text and Cases

Cover
Brief Contents
Contents
Concept Summaries
Exhibits
Preface
Unit 1: The Legal Environment of Business
	Chapter 1: Law and Legal Reasoning
		1-1 Business Activities and the Legal Environment
		1-2 Sources of American Law
		1-3 The Common Law Tradition
		1-4 Schools of Legal Thought
		1-5 Classifications of Law
		1-6 How to Find Primary Sources of Law
		1-7 How to Read and Understand Case Law
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 2: Business and the Constitution
		2-1 The Constitutional Powers of Government
		2-2 Business and the Bill of Rights
		2-3 Due Process and Equal Protection
		2-4 Privacy Rights
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 3: Ethics in Business
		3-1 Ethics and the Role of Business
		3-2 Ethical Principles and Philosophies
		3-3 Sources of Ethical Issues in Business Decisions
		3-4 Making Ethical Business Decisions
		3-5 Business Ethics on a Global Level
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Appendix to Chapter 3: Costco Code of Ethics
	Chapter 4: Courts and Alternative Dispute Resolution
		4-1 The Judiciary's Role in American Government
		4-2 Basic Judicial Requirements
		4-3 The State and Federal Court Systems
		4-4 Alternative Dispute Resolution
		4-5 International Dispute Resolution
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 5: Court Procedures
		5-1 Procedural Rules
		5-2 Pretrial Procedures
		5-3 The Trial
		5-4 Posttrial Motions
		5-5 The Appeal
		5-6 Enforcing the Judgment
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit One: Task-Based Simulation
		Unit One: Application and Ethics: "Arbitration, No Class Actions"
Unit 2: Torts and Crimes
	Chapter 6: Tort Law
		6-1 The Basis of Tort Law
		6-2 Intentional Torts against Persons
		6-3 Intentional Torts against Property
		6-4 Unintentional Torts-Negligence
		6-5 Defenses to Negligence
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 7: Strict Liability and Product Liability
		7-1 Strict Liability
		7-2 Product Liability
		7-3 Strict Product Liability
		7-4 Defenses to Product Liability
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 8: Intellectual Property Rights
		8-1 Trademarks and Related Property
		8-2 Patents
		8-3 Copyrights
		8-4 Trade Secrets
		8-5 International Protection for Intellectual Property
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 9: Internet Law, Social Media, and Privacy
		9-1 Internet Law
		9-2 Copyrights in Digital Information
		9-3 Social Media
		9-4 Online Defamation
		9-5 Other Actions Involving Online Posts
		9-6 Privacy
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 10: Criminal Law and Cyber Crime
		10-1 Civil Law and Criminal Law
		10-2 Criminal Liability
		10-3 Types of Crimes
		10-4 Defenses to Criminal Liability
		10-5 Criminal Procedures
		10-6 Cyber Crime
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Two: Task-Based Simulation
		Unit Two: Application and Ethics: One of the Biggest Data Breaches Ever
Unit 3: Contracts and E-Contracts
	Chapter 11: Nature and Terminology
		11-1 An Overview of Contract Law
		11-2 Elements of a Contract
		11-3 Types of Contracts
		11-4 Quasi Contracts
		11-5 Interpretation of Contracts
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 12: Agreement
		12-1 Elements of Agreement
		12-2 Agreement in E-Contracts
		12-3 U.S. Laws Affecting E-Contracts
		12-4 International Treaties Affecting E-Contracts
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 13: Consideration
		13-1 Elements of Consideration
		13-2 Agreements That Lack Consideration
		13-3 Settlement of Claims
		13-4 Exceptions to the Consideration Requirement
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 14: Capacity and Legality
		14-1 Contractual Capacity
		14-2 Legality
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 15: Mistakes, Fraud, and Voluntary Consent
		15-1 Mistakes
		15-2 Fraudulent Misrepresentation
		15-3 Undue Influence
		15-4 Duress
		15-5 Adhesion Contracts and Unconscionability
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 16: The Writing Requirement
		16-1 The Statute of Frauds
		16-2 Contracts That Require a Writing
		16-3 Exceptions to the Writing Requirement
		16-4 Sufficiency of the Writing
		16-5 The Parol Evidence Rule
		16-6 The Statute of Frauds in the International Context
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 17: Third Party Rights
		17-1 Assignments and Delegations
		17-2 Third Party Beneficiaries
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 18: Performance and Discharge
		18-1 Conditions
		18-2 Discharge by Performance
		18-3 Discharge by Agreement
		18-4 Discharge by Operation of Law
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 19: Breach of Contract and Remedies
		19-1 Damages
		19-2 Equitable Remedies
		19-3 Recovery Based on Quasi Contract
		19-4 Waiver of Breach
		19-5 Contract Provisions Limiting Remedies
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Three: Task-Based Simulation
		Unit Three: Application and Ethics: Nondisclosure Agreements
Unit 4: Domestic and International Sales and Lease Contracts
	Chapter 20: Sales and Lease Contracts
		20-1 The Uniform Commercial Code
		20-2 The Scope of Articles 2 (Sales) and 2A (Leases)
		20-3 The Formation of Sales and Lease Contracts
		20-4 Contracts for the International Sale of Goods
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Appendix to Chapter 20: An Example of a Contract for the International Sale of Coffee
	Chapter 21: Title, Risk, and Insurable Interest
		21-1 Identification
		21-2 When Title Passes
		21-3 Risk of Loss
		21-4 Insurable Interest
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 22: Performance and Breach of Sales and Lease Contracts
		22-1 Obligations of the Seller or Lessor
		22-2 Obligations of the Buyer or Lessee
		22-3 Remedies of the Seller or Lessor
		22-4 Remedies of the Buyer or Lessee
		22-5 Additional Provisions Affecting Remedies
		22-6 Dealing with International Contracts
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 23: Warranties
		23-1 Warranties of Title
		23-2 Express Warranties
		23-3 Implied Warranties
		23-4 Overlapping Warranties
		23-5 Warranty Disclaimers and Limitations on Liability
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 24: International and Space Law
		24-1 International Law
		24-2 Doing Business Internationally
		24-3 Regulation of Specific Business Activities
		24-4 International Dispute Resolution
		24-5 U.S. Laws in a Global Context
		24-6 Space Law
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Four: Task-Based Simulation
		Unit Four: Application and Ethics: Success in Global Commerce
Unit 5: Negotiable Instruments
	Chapter 25: Negotiable Instruments
		25-1 Types of Negotiable Instruments
		25-2 Requirements for Negotiability
		25-3 Factors That Do Not Affect Negotiability
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 26: Transferability and Holder in Due Course
		26-1 Negotiation
		26-2 Indorsements
		26-3 Holder in Due Course (HDC)
		26-4 Holder through an HDC
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 27: Liability, Defenses, and Discharge
		27-1 Signature Liability
		27-2 Warranty Liability
		27-3 Defenses and Limitations
		27-4 Discharge
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 28: Banking
		28-1 Checks
		28-2 The Bank-Customer Relationship
		28-3 The Bank’s Duty to Honor Checks
		28-4 The Bank’s Duty to Accept Deposits
		28-5 Electronic Fund Transfers
		28-6 Online Banking and E-Money
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Five: Task-Based Simulation
		Unit Five: Application and Ethics: Virtual Currency-Is It Safe?
Unit 6: Creditors' Rights and Bankruptcy
	Chapter 29: Creditors' Rights and Remedies
		29-1 Laws Assisting Creditors
		29-2 Mortgages
		29-3 Suretyship and Guaranty
		29-4 Protection for Debtors
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 30: Secured Transactions
		30-1 The Terminology of Secured Transactions
		30-2 Creation of a Security Interest
		30-3 Perfection of a Security Interest
		30-4 The Scope of a Security Interest
		30-5 Priorities
		30-6 Rights and Duties of Debtors and Creditors
		30-7 Default
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 31: Bankruptcy Law
		31-1 The Bankruptcy Code
		31-2 Liquidation Proceedings
		31-3 Reorganizations
		31-4 Bankruptcy Relief under Chapter 12 and Chapter 13
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Six: Task-Based Simulation
		Unit Six: Application and Ethics: Federal Student Loans-Default and Discharge
Unit 7: Agency and Employment
	Chapter 32: Agency Formation and Duties
		32-1 Agency Relationships
		32-2 Formation of the Agency Relationship
		32-3 Duties of Agents and Principals
		32-4 Rights and Remedies of Agents and Principals
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 33: Agency Liability and Termination
		33-1 Scope of Agent's Authority
		33-2 Liability for Contracts
		33-3 Liability for Torts and Crimes
		33-4 Termination of an Agency
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 34: Employment, Immigration, and Labor Law
		34-1 Employment at Will
		34-2 Wages, Hours, and Layoffs
		34-3 Family and Medical Leave
		34-4 Health, Safety, and Income Security
		34-5 Employee Privacy Rights
		34-6 Immigration Law
		34-7 Labor Unions
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 35: Employment Discrimination
		35-1 Title VII of the Civil Rights Act
		35-2 Discrimination Based on Age
		35-3 Discrimination Based on Disability
		35-4 Discrimination Based on Military Status
		35-5 Defenses to Employment Discrimination
		35-6 Affirmative Action
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Seven: Task-Based Simulation
		Unit Seven: Application and Ethics: Health Insurance and Small Business
Unit 8: Business Organizations
	Chapter 36: Small Businesses and Franchises
		36-1 General Considerations for Small Businesses
		36-2 Sole Proprietorships
		36-3 Franchises
		36-4 Franchise Termination
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 37: All Forms of Partnerships
		37-1 Basic Partnership Concepts
		37-2 Formation and Operation
		37-3 Dissociation and Termination
		37-4 Limited Liability Partnerships
		37-5 Limited Partnerships
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 38: Limited Liability Companies and Special Business Forms
		38-1 The Limited Liability Company
		38-2 LLC Management and Operation
		38-3 Dissociation and Dissolution of an LLC
		38-4 Special Business Forms
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 39: Corporate Formation and Financing
		39-1 The Nature and Classification of Corporations
		39-2 Corporate Formation and Powers
		39-3 Piercing the Corporate Veil
		39-4 Corporate Financing
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 40: Corporate Directors, Officers, and Shareholders
		40-1 Role of Directors and Officers
		40-2 Duties and Liabilities of Directors and Officers
		40-3 The Role of Shareholders
		40-4 Rights of Shareholders
		40-5 Duties and Liabilities of Shareholders
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 41: Mergers and Takeovers
		41-1 Merger, Consolidation, and Share Exchange
		41-2 Purchase of Assets
		41-3 Purchase of Stock
		41-4 Corporate Termination
		41-5 Major Business Forms Compared
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 42: Investor Protection, Insider Trading, and Corporate Governance
		42-1 The Securities Act of 1933
		42-2 The Securities Exchange Act of 1934
		42-3 State Securities Laws
		42-4 Corporate Governance
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Eight: Task-Based Simulation
		Unit Eight: Application and Ethics: Business Start-Ups Online
Unit 9: Government Regulation
	Chapter 43: Administrative Agencies
		43-1 The Practical Significance of Administrative Law
		43-2 Agency Creation and Powers
		43-3 The Administrative Process
		43-4 Judicial Deference to Agency Decisions
		43-5 Public Accountability
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 44: Consumer Law
		44-1 Advertising, Marketing, and Sales
		44-2 Labeling and Packaging Laws
		44-3 Protection of Health and Safety
		44-4 Credit Protection
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 45: Environmental Protection
		45-1 Common Law Actions
		45-2 Federal, State, and Local Regulations
		45-3 Air Pollution
		45-4 Water Pollution
		45-5 Toxic Chemicals and Hazardous Waste
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Activity
	Chapter 46: Antitrust Law
		46-1 The Sherman Antitrust Act
		46-2 Section 1 of the Sherman Act
		46-3 Section 2 of the Sherman Act
		46-4 The Clayton Act
		46-5 Enforcement and Exemptions
		46-6 U.S. Antitrust Laws in the Global Context
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 47: Professional Liability and Accountability
		47-1 Potential Liability to Clients
		47-2 Potential Liability to Third Parties
		47-3 The Sarbanes-Oxley Act
		47-4 Potential Liability of Accountants under Securities Laws
		47-5 Confidentiality and Privilege
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Nine: Task-Based Simulation
		Unit Nine: Application and Ethics: Climate Change
Unit 10: Property and Its Protection
	Chapter 48: Personal Property and Bailments
		48-1 Personal Property versus Real Property
		48-2 Acquiring Ownership of Personal Property
		48-3 Mislaid, Lost, and Abandoned Property
		48-4 Bailments
		48-5 Ordinary Bailments
		48-6 Special Types of Bailments
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 49: Real Property and Landlord-Tenant Law
		49-1 The Nature of Real Property
		49-2 Ownership and Other Interests in Real Property
		49-3 Transfer of Ownership
		49-4 Limitations on the Rights of Property Owners
		49-5 Zoning and Government Regulations
		49-6 Landlord-Tenant Relationships
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 50: Insurance
		50-1 Insurance Terminology and Concepts
		50-2 The Insurance Contract
		50-3 Types of Insurance
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
	Chapter 51: Wills and Trusts
		51-1 Wills
		51-2 Intestacy Laws
		51-3 Trusts
		51-4 Other Estate-Planning Issues
		Terms and Concepts
		Issue Spotters
		Business Scenarios and Case Problems
		Time-Limited Group Assignment
		Unit Ten: Task-Based Simulation
		Unit Ten: Application and Ethics: Business Planning for Divorce
Appendices
	Appendix A: How to Brief Cases and Analyze Case Problems
	Appendix B: Answers to the Issue Spotters
	Appendix C: Sample Answers for Business Case Problems with Sample Answer
Glossary
Table of Cases
Index