Essentials of Business Law 6th Edition

Description

Cover......Page 2 Contents: Overview......Page 16 Contents......Page 22 Preface......Page 125 Unit 1: The Legal Environment......Page 138 Chapter 1: Introduction to Law......Page 139 1-1 Exploring the Law......Page 140 1-2 Sources of Contemporary Law......Page 147 1-3 Classifications......Page 158 1-4 Jurisprudence......Page 163 1-5 Working with the Book's Features......Page 165 Exam Review......Page 178 Multiple-Choice Questions......Page 180 Case Questions......Page 181 Discussion Questions......Page 183 Chapter 2: Ethics and Corporate Social Responsibility......Page 187 2-1 Why Study Ethics?......Page 190 2-2 Theories of Ethics......Page 200 2-3 Ethics Traps......Page 210 2-4 Reacting to Unethical Behavior......Page 229 2-5 Applying the Principles......Page 235 Exam Review......Page 248 Multiple-Choice Questions......Page 251 Case Questions......Page 253 Discussion Questions......Page 255 Chapter 3: International Law......Page 260 3-2 Actors in International Law......Page 262 3-3 The World's Legal Systems......Page 275 3-4 Sources and Applicability of International Law......Page 284 Chapter Conclusion......Page 311 Exam Review......Page 313 Multiple-Choice Questions......Page 316 Case Questions......Page 318 Discussion Questions......Page 320 Chapter 4: Common Law, Statutory Law, and Administrative Law......Page 322 4-1 Common Law......Page 323 4-2 Statutory Law......Page 329 4-3 Administrative Law......Page 361 Exam Review......Page 383 Multiple-Choice Questions......Page 387 Case Questions......Page 389 Discussion Questions......Page 390 Chapter 5: Constitutional Law......Page 392 5-1 Who Will Have Power?......Page 394 5-2 Protected Rights......Page 412 Exam Review......Page 443 Multiple-Choice Questions......Page 449 Discussion Questions......Page 451 Chapter 6: Dispute Resolution......Page 453 6-1 Court Systems......Page 455 6-2 Before Trial......Page 496 6-3 The Anatomy of a Trial and Appeal......Page 520 6-4 Alternative Dispute Resolution......Page 537 Exam Review......Page 541 Multiple-Choice Questions......Page 544 Case Questions......Page 546 Discussion Questions......Page 548 Chapter 7: Crime......Page 549 7-1 Criminal Procedure......Page 551 7-2 Crimes That Harm Businesses (and Their Customers)......Page 582 7-3 Crimes Committed by Business......Page 594 Exam Review......Page 609 Multiple-Choice Questions......Page 614 Case Questions......Page 616 Discussion Questions......Page 618 Chapter 8: Intentional Torts and Business Torts......Page 621 8-1 Intentional Torts......Page 627 8-2 Damages......Page 650 8-3 Business Torts......Page 666 Exam Review......Page 676 Multiple-Choice Questions......Page 679 Case Questions......Page 681 Discussion Questions......Page 683 Chapter 9: Negligence, Strict Liability, and Product Liability......Page 686 9-1 Negligence......Page 687 9-2 Strict Liability and Product Liability......Page 734 Exam Review......Page 749 Multiple-Choice Questions......Page 753 Case Questions......Page 756 Discussion Questions......Page 758 Chapter 10: Privacy and Internet Law......Page 760 10-1 Privacy in a Digital World......Page 762 10-2 The Law of Privacy......Page 766 10-3 Regulation in the Digital World......Page 790 Exam Review......Page 806 Multiple-Choice Questions......Page 811 Case Questions......Page 813 Discussion Questions......Page 815 Chapter 11: Introduction to Contracts......Page 818 11-1 Contracts......Page 819 11-2 Sources of Contract Law......Page 836 11-3 Enforcing Non-Contracts......Page 842 Exam Review......Page 853 Multiple-Choice Questions......Page 858 Case Questions......Page 859 Discussion Questions......Page 863 Chapter 12: The Agreement: Offers and Acceptances......Page 865 12-1 Offer......Page 866 12-2 Acceptance......Page 894 Chapter Conclusion......Page 908 Exam Review......Page 910 Multiple-Choice Questions......Page 913 Case Questions......Page 916 Discussion Questions......Page 918 Chapter 13: Consideration......Page 919 13-1 What Is Consideration?......Page 921 13-2 Special Consideration Cases......Page 944 Exam Review......Page 955 Multiple-Choice Questions......Page 958 Case Questions......Page 960 Discussion Questions......Page 962 Chapter 14: Legality......Page 965 14-1 Contracts That Violate a Statute......Page 966 14-2 Contracts That Violate Public Policy......Page 976 Exam Review......Page 1000 Multiple-Choice Questions......Page 1004 Case Questions......Page 1006 Discussion Questions......Page 1008 Chapter 15: Voidable Contracts: Capacity and Consent......Page 1010 15-1 Capacity......Page 1012 15-2 Reality of Consent......Page 1022 Exam Review......Page 1048 Multiple-Choice Questions......Page 1052 Case Questions......Page 1056 Discussion Questions......Page 1057 Chapter 16: Written Contracts......Page 1059 16-1 The Common Law Statute of Frauds: Contracts That Must Be in Writing......Page 1060 16-2 The Common Law Statute of Frauds: What Is a "Writing"?......Page 1073 16-3 The UCC's Statute of Frauds......Page 1079 16-4 Parol Evidence......Page 1086 Exam Review......Page 1092 Multiple-Choice Questions......Page 1095 Case Questions......Page 1097 Discussion Questions......Page 1099 Chapter 17: Third Parties......Page 1100 17-1 Third Party Beneficiary......Page 1102 17-2 Assignment and Delegation......Page 1110 Exam Review......Page 1144 Multiple-Choice Questions......Page 1147 Case Questions......Page 1149 Discussion Questions......Page 1151 Chapter 18: Contract Termination......Page 1154 18-1 Performance......Page 1155 18-2 Non-Performance......Page 1179 Exam Review......Page 1189 Multiple-Choice Questions......Page 1193 Case Questions......Page 1195 Discussion Questions......Page 1199 Chapter 19: Remedies......Page 1200 19-1 Identifying the "Interest" to Be Protected......Page 1201 19-2 Expectation Interest......Page 1204 19-3 Reliance Interest......Page 1220 19-4 Restitution Interest......Page 1227 19-5 Equitable Interest and Remedies......Page 1232 19-6 Special Issues......Page 1237 Exam Review......Page 1242 Multiple-Choice Questions......Page 1245 Case Questions......Page 1247 Discussion Questions......Page 1249 Chapter 20: Practical Contracts......Page 1252 20-1 Creating a Contract......Page 1254 20-2 The Structure of a Contract......Page 1275 Exam Review......Page 1298 Multiple-Choice Questions......Page 1303 Discussion Questions......Page 1305 Chapter 21: Introduction to Sales......Page 1308 21-1 Development and Scope of the UCC......Page 1310 21-2 UCC Basics......Page 1317 21-3 UCC Contract Formation......Page 1323 Exam Review......Page 1374 Multiple-Choice Questions......Page 1378 Case Questions......Page 1379 Discussion Questions......Page 1381 Chapter 22: Ownership, Risk, and Warranties......Page 1384 22-1 Legal Interest and Title......Page 1386 22-2 Risk of Loss......Page 1400 22-3 Warranties......Page 1434 Exam Review......Page 1456 Multiple-Choice Questions......Page 1461 Case Questions......Page 1463 Discussion Questions......Page 1466 Chapter 23: Performance and Remedies......Page 1468 23-1 Rights and Obligations of Contracting Parties......Page 1470 23-2 Remedies of Contracting Parties......Page 1493 Exam Review......Page 1514 Multiple-Choice Questions......Page 1521 Case Questions......Page 1523 Discussion Questions......Page 1524 Unit 5: Additional CPA Topics......Page 1527 Chapter 24: Secured Transactions......Page 1528 24-1 Article 9: Terms and Scope......Page 1529 24-2 Attachment of a Security Interest......Page 1536 24-3 Perfection......Page 1542 24-4 Protection of Buyers......Page 1567 24-5 Priorities among Creditors......Page 1585 24-6 Default and Termination......Page 1594 Exam Review......Page 1605 Multiple-Choice Questions......Page 1612 Case Questions......Page 1614 Discussion Questions......Page 1615 Chapter 25: Creating a Negotiable Instrument......Page 1617 25-1 Negotiable Instruments......Page 1618 25-2 Holder in Due Course......Page 1645 Chapter Conclusion......Page 1667 Exam Review......Page 1670 Multiple-Choice Questions......Page 1674 Case Questions......Page 1676 Discussion Questions......Page 1678 Chapter 26: Liability for Negotiable Instruments......Page 1681 26-1 Introduction......Page 1682 26-2 Signature Liability......Page 1690 26-3 Warranty Liability......Page 1706 26-4 Other Liability Rules......Page 1726 26-5 Discharge......Page 1736 Exam Review......Page 1742 Multiple-Choice Questions......Page 1747 Case Questions......Page 1749 Discussion Questions......Page 1751 Chapter 27: Accountants' Liability......Page 1753 27-1 Introduction......Page 1756 27-2 Liability to Clients......Page 1766 27-3 Liability to Third Parties......Page 1774 27-4 Criminal Liability......Page 1792 27-5 Other Accountant-Client Issues......Page 1794 Exam Review......Page 1796 Case Questions......Page 1803 Discussion Questions......Page 1805 Unit 6: Agency and Employment Law......Page 1807 Chapter 28: Agency Law......Page 1808 28-1 The Agency Relationship......Page 1809 28-2 Liability to Third Parties......Page 1829 Exam Review......Page 1858 Multiple-Choice Questions......Page 1863 Case Questions......Page 1865 Discussion Questions......Page 1867 Chapter 29: Employment and Labor Law......Page 1870 29-1 Employment at Will......Page 1871 29-2 Employment Security......Page 1873 29-3 Workplace Freedom......Page 1891 29-4 Workplace Safety......Page 1901 29-5 Financial Protection......Page 1903 29-6 Labor Unions......Page 1907 Exam Review......Page 1919 Multiple-Choice Questions......Page 1926 Case Questions......Page 1928 Discussion Questions......Page 1930 Chapter 30: Employment Discrimination......Page 1932 30-1 Employment Opportunity before 1964......Page 1933 30-2 The Civil Rights Act of 1964......Page 1935 30-4 Age Discrimination in Employment Act......Page 1966 30-5 Discrimination on the Basis of Disability......Page 1974 30-7 Hiring Practices......Page 1982 30-8 Enforcement......Page 1987 Chapter Conclusion......Page 1989 Exam Review......Page 1991 Multiple-Choice Questions......Page 1998 Case Questions......Page 2000 Discussion Questions......Page 2002 Chapter 31: Starting a Business: LLCs and Other Options......Page 2004 31-1 Sole Proprietorships......Page 2006 31-2 Corporations......Page 2008 31-3 Limited Liability Companies......Page 2021 31-4 Social Enterprises......Page 2033 31-5 General Partnerships......Page 2035 31-7 Professional Corporations......Page 2037 31-9 Franchises......Page 2039 Chapter Conclusion......Page 2045 Exam Review......Page 2049 Multiple-Choice Questions......Page 2055 Case Questions......Page 2057 Discussion Questions......Page 2058 Chapter 32: Partnerships......Page 2060 32-1 Creating a Partnership......Page 2062 32-2 The Partnership and Outsiders......Page 2070 32-3 The Relationship among Partners......Page 2077 32-4 Terminating a Partnership......Page 2092 Exam Review......Page 2108 Multiple-Choice Questions......Page 2116 Case Questions......Page 2118 Discussion Questions......Page 2120 Chapter 33: Life and Death of a Corporation......Page 2121 33-1 Before the Corporation Is Formed......Page 2122 33-2 Incorporation Process......Page 2131 33-3 After Incorporation......Page 2163 33-4 Death of the Corporation......Page 2176 Chapter Conclusion......Page 2184 Exam Review......Page 2186 Multiple-Choice Questions......Page 2188 Case Questions......Page 2190 Discussion Questions......Page 2192 Chapter 34: Management Duties......Page 2194 34-1 Conflict......Page 2196 34-2 More Conflict: Takeovers......Page 2223 Exam Review......Page 2235 Multiple-Choice Questions......Page 2241 Case Questions......Page 2244 Discussion Questions......Page 2245 Chapter 35: Shareholder Rights......Page 2247 35-1 Introduction......Page 2250 35-2 Rights of Shareholders......Page 2253 35-3 Enforcing Shareholder Rights......Page 2289 Chapter Conclusion......Page 2310 Exam Review......Page 2312 Multiple-Choice Questions......Page 2316 Case Questions......Page 2318 Discussion Questions......Page 2320 Chapter 36: Bankruptcy......Page 2321 36-1 Overview of the Bankruptcy Code......Page 2323 36-2 Chapter 7 Liquidation......Page 2325 36-3 Chapter 11 Reorganization......Page 2363 36-4 Chapter 13 Consumer Reorganizations......Page 2368 Exam Review......Page 2381 Multiple-Choice Questions......Page 2387 Case Questions......Page 2390 Discussion Questions......Page 2391 Chapter 37: Securities Regulation......Page 2393 37-1 Federal Securities Laws......Page 2395 37-2 Securities Act of 1933......Page 2397 37-3 Securities Exchange Act of 1934......Page 2420 Exam Review......Page 2450 Multiple-Choice Questions......Page 2462 Discussion Questions......Page 2464 Chapter 38: Antitrust......Page 2467 38-1 Overview of Antitrust Laws......Page 2469 38-2 Cooperative Strategies......Page 2476 38-3 Aggressive Strategies......Page 2493 Exam Review......Page 2511 Multiple-Choice Questions......Page 2517 Case Questions......Page 2519 Discussion Questions......Page 2521 Chapter 39: Consumer Protection......Page 2522 39-1 Sales......Page 2524 39-2 Consumer Credit......Page 2534 39-3 Magnuson-Moss Warranty Act......Page 2566 39-4 Consumer Product Safety......Page 2569 Exam Review......Page 2571 Multiple-Choice Questions......Page 2578 Case Questions......Page 2580 Discussion Questions......Page 2582 Chapter 40: Environmental Law......Page 2584 40-1 Introduction......Page 2586 40-2 Air Pollution......Page 2588 40-3 Water Pollution......Page 2603 40-4 Waste Disposal......Page 2613 40-5 Chemicals......Page 2619 40-6 Natural Resources......Page 2621 Exam Review......Page 2627 Multiple-Choice Questions......Page 2635 Case Questions......Page 2637 Discussion Questions......Page 2638 Unit 9: Property......Page 2641 Chapter 41: Intellectual Property......Page 2642 41-1 Patents......Page 2643 41-2 Copyrights......Page 2656 41-3 Trademarks......Page 2673 41-4 Trade Secrets......Page 2683 Exam Review......Page 2689 Multiple-Choice Questions......Page 2694 Case Questions......Page 2696 Discussion Questions......Page 2698 Chapter 42: Real Property and Landlord-Tenant Law......Page 2700 42-1 Nature of Real Property......Page 2701 42-2 Interests in Real Property......Page 2703 42-3 Adverse Possession......Page 2732 42-4 Land Use Regulation......Page 2737 42-5 Landlord-Tenant Law......Page 2739 Exam Review......Page 2763 Multiple-Choice Questions......Page 2768 Case Questions......Page 2770 Discussion Questions......Page 2771 Chapter 43: Personal Property and Bailment......Page 2774 43-1 Acquiring Personal Property......Page 2775 43-2 Bailment......Page 2790 Chapter Conclusion......Page 2804 Exam Review......Page 2807 Multiple-Choice Questions......Page 2810 Case Questions......Page 2812 Discussion Questions......Page 2816 Chapter 44: Planning for the Future: Wills, Trusts, and Insurance......Page 2817 44-1 Introduction to Estate Planning......Page 2819 44-2 Wills......Page 2820 44-3 Trusts......Page 2848 44-4 Introduction to Insurance......Page 2857 44-5 Insurance Contract......Page 2859 44-6 Types of Insurance......Page 2873 Exam Review......Page 2880 Multiple-Choice Questions......Page 2885 Case Questions......Page 2887 Discussion Questions......Page 2889 Appendix A: The Constitution of the United States......Page 2891 Appendix B: Uniform Commercial Code (Selected Provisions)......Page 2919 Appendix C: Answers to Selected End-of-Chapter Questions......Page 3226 Glossary......Page 3266 Table of Cases......Page 3325 Index......Page 3356