The legal, ethical and international environment of business

This legal environment book offers balanced coverage of private law and public law. To illustrate the legal points covered, it integrates cases in the language of the court into each chapter. Strong ethical coverage helps the reader understand the need for responsible decisions.

Unit I Introduction to Law
Chapter 1 Basics of the Law	p. 3
Introduction	p. 4
Definition of Law	p. 5
Sources of American Law	p. 5
Classifications of Law	p. 13
Courts of Law and Courts of Equity	p. 15
Locating the Law	p. 18
Schools of Legal Philosophy	p. 23
Analyzing Case Law	p. 26
Conventions, and Agreements	p. 29
Role in Preventive Law	p. 30
Chapter Summary	p. 30
Using the World Wide Web	p. 31
Key Terms	p. 32
Questions and Case Problems	p. 32
Chapter 2 Ethics and Corporate Social Responsibility	p. 34
Introduction	p. 35
Theories of Ethical Conduct	p. 35
Ethical Behavior and Legal Behavior	p. 37
Stakeholders	p. 38
Strategy for Ethical Decision Making	p. 52
Legal Ethics	p. 56
Chapter Summary	p. 61
Using the World Wide Web	p. 61
Key Terms	p. 62
Questions and Case Problems	p. 62
Chapter 3 The Judicial System and Litigation	p. 64
Introduction	p. 65
Jurisdiction	p. 65
Court Systems in the United States	p. 72
Judicial Procedures: Following a Case through the Courts	p. 79
Products, Inc. v. Acme Copiers, Inc.	p. 81
Attorneys' Fees and Other Costs	p. 91
The Judiciary	p. 94
Legal Systems in Foreign Trade	p. 95
Chapter Summary	p. 96
Using the World Wide Web	p. 97
Key Terms	p. 98
Questions and Case Problems	p. 99
Chapter 4 Alternative Dispute Resolution Procedures	p. 100
Introduction	p. 101
Advocates of Alternative Dispute Resolution	p. 101
Negotiation, Conciliation, and Mediation	p. 102
Arbitration	p. 104
Other Forms of ADR	p. 120
Chapter Summary	p. 127
Using the World Wide Web	p. 128
Key Terms	p. 129
Questions and Case Problems	p. 129
Chapter 5 The Constitution and the Regulation of Business	p. 131
Introduction	p. 132
Articles of the U.S. Constitution	p. 132
Way to Amend the Articles of Confederation	p. 136
Bill of Rights and the Other Amendments	p. 140
Bill of Rights in a Business Context	p. 144
First Amendment	p. 145
Fourth Amendment	p. 152
Fifth Amendment--Self-Incrimination	p. 154
Fifth and Fourteenth Amendments--Due Process Clause	p. 156
Chapter Summary	p. 159
Using the World Wide Web	p. 160
Key Terms	p. 161
Questions and Case Problems	p. 161
Chapter 6 Administrative Agencies and the Regulation of Business	p. 163
Introduction	p. 164
Areas of Regulation	p. 164
Features of Administrative Agencies	p. 167
The Nature of Administrative Agencies	p. 167
Limitations on Administrative Agencies' Powers	p. 178
Deregulation	p. 187
Chapter Summary	p. 189
Using the World Wide Web	p. 190
Key Terms	p. 191
Questions and Case Problems	p. 192
Chapter 7 The Regulation of Business through Criminal Law	p. 194
Introduction	p. 195
Classification of Crimes	p. 195
Criminal Statutory Law	p. 197
Constitutional Safeguards	p. 199
Criminal Procedure	p. 200
Basic Elements of Criminal Responsibility	p. 201
Crimes Affecting Business	p. 203
Defenses	p. 215
Chapter Summary	p. 221
Using the World Wide Web	p. 221
Key Terms	p. 223
Questions and Case Problems	p. 223
Unit II Business and Private Law
Chapter 8 Torts	p. 227
Introduction	p. 228
Types of Torts	p. 228
Intentional Torts	p. 229
Negligence	p. 235
Strict Liability	p. 243
Specific Torts Related to Business	p. 243
Damages	p. 249
Current Tort Controversy	p. 251
Chapter Summary	p. 255
Using the World Wide Web	p. 256
Key Terms	p. 257
Questions and Case Problems	p. 257
Chapter 9 Contract Formation	p. 259
Introduction	p. 260
Comparing Torts with Contracts	p. 260
Sources of Commercial Law	p. 261
Contract Terms	p. 262
Elements of a Contract: Part 1	p. 266
Chapter Summary	p. 287
Using the World Wide Web	p. 288
Key Terms	p. 289
Questions and Case Problems	p. 289
Chapter 10 Contract Defenses and Remedies	p. 292
Introduction	p. 293
Elements of a Contract: Part 2	p. 293
Other Contractual Issues	p. 303
Discharge	p. 308
Remedies and Damages	p. 309
Chapter Summary	p. 313
Using the World Wide Web	p. 313
Key Terms	p. 314
Questions and Case Problems	p. 314
Chapter 11 Sales Law and Product Liability	p. 316
Introduction	p. 317
Theory of the Uniform Commercial Code	p. 317
Coods	p. 318
Title	p. 319
Risk of Loss	p. 324
Trial Sales	p. 327
Performance	p. 328
Product Liability	p. 333
Chapter Summary	p. 346
Using the World Wide Web	p. 346
Key Terms	p. 347
Questions and Case Problems	p. 347
Chapter 12 Negotiable Instruments and Secured Transactions	p. 349
Introduction	p. 350
Functions of Negotiable Instruments	p. 351
Requirements for Negotiable Instruments	p. 351
Types of Negotiable Instruments and Parties to Negotiable Instruments	p. 353
Signature Liability of Makers, Acceptors, and Drawers	p. 357
Indorsements	p. 358
Holders and Holders in Due Course	p. 361
Assignment or Negotiation	p. 364
Defenses	p. 366
Checks and the Banking System	p. 367
Secured Transactions	p. 379
Chapter Summary	p. 387
Using the World Wide Web	p. 389
Key Terms	p. 390
Questions and Case Problems	p. 390
Chapter 13 International Business Law	p. 392
Introduction	p. 393
Sources of International Law	p. 393
World Trade Organization	p. 395
U.S. Agencies Concerned with International Business	p. 399
Statutes Regulating International Trade	p. 402
National Export Strategy	p. 406
Unfair Import Practices	p. 407
International Business Transactions	p. 410
Chapter Summary	p. 425
Using the World Wide Web	p. 425
Key Terms	p. 427
Questions and Case Problems	p. 428
Chapter 14 Rights of Consumers, Debtors, and Creditors	p. 430
Introduction	p. 431
Consumer Credit Protection Act	p. 431
Other Consumer-Oriented Laws	p. 444
Creditors' Rights	p. 445
Bankruptcies and Reorganizations	p. 449
Chapter Summary	p. 458
Using the World Wide Web	p. 458
Key Terms	p. 459
Questions and Case Problems	p. 460
Chapter 15 Consumer Protection	p. 462
Introduction	p. 463
Federal Trade Commission	p. 463
Deceptive Advertising	p. 470
Other Deceptive Practices	p. 475
Other Consumer Protection Laws	p. 482
Chapter Summary	p. 491
Using the World Wide Web	p. 491
Key Terms	p. 492
Questions and Case Problems	p. 492
Chapter 16 Property Law and Intellectual Property and Computer Law	p. 494
Introduction	p. 495
Classifications of Property	p. 495
Property Rights and Ownership Title	p. 498
Real Property	p. 498
Acquiring Ownership of Personal Property	p. 506
Bailments	p. 508
Intellectual Property Law and Computer Law	p. 511
Chapter Summary	p. 521
Using the World Wide Web	p. 522
Key Terms	p. 523
Questions and Case Problems	p. 523
Unit III Business Formation
Chapter 17 Agency Law and Private Employment Law	p. 527
Introduction	p. 528
Background	p. 528
Formation of the Agency Relationship	p. 529
Agency Relationships	p. 531
Duties of Agents and Principals	p. 537
Liability of Principals and Agents to Third Parties	p. 541
Termination of the Agency Relationship	p. 546
Independent Contractors	p. 547
Employment Law	p. 549
Chapter Summary	p. 553
Using the World Wide Web	p. 554
Key Terms	p. 555
Questions and Case Problems	p. 555
Chapter 18 Business Enterprises: Noncorporate Business Entities	p. 558
Introduction	p. 559
Comparing Business Enterprises	p. 560
Partnerships	p. 564
Limited Partnerships	p. 571
Limited Liability Companies	p. 574
Chapter Summary	p. 584
Using the World Wide Web	p. 584
Key Terms	p. 585
Questions and Case Problems	p. 585
Chapter 19 Corporate Law and Franchising Law	p. 588
Introduction	p. 589
Ease of Formation	p. 589
Source of Funding	p. 591
Liability	p. 595
Control	p. 602
Transferability of Interest	p. 605
Taxes	p. 605
Duration	p. 607
Franchising	p. 607
Chapter Summary	p. 613
Using the World Wide Web	p. 614
Key Terms	p. 614
Questions and Case Problems	p. 615
Unit IV Business and Government Regulation
Chapter 20 Securities Law	p. 617
Introduction	p. 620
What Is a Security?	p. 620
The Securities Act of 1933	p. 623
The Securities Exchange Act of 1934	p. 633
Other Securities Laws	p. 645
State Securities Laws	p. 649
Chapter Summary	p. 652
Using the World Wide Web	p. 652
Key Terms	p. 654
Questions and Case Problems	p. 654
Chapter 21 Antitrust Law	p. 656
Introduction	p. 657
Sherman Act	p. 658
Restraint of Trade, Section 1 Violations	p. 660
Monopoly Power, Section 2 Violations	p. 671
Clayton Act	p. 674
Federal Trade Commission Act	p. 678
Mergers	p. 678
Defenses and Exemptions	p. 680
Enforcement of Antitrust Laws	p. 682
Chapter Summary	p. 688
Using the World Wide Web	p. 688
Key Terms	p. 689
Questions and Case Problems	p. 690
Chapter 22 Legislative Control over Labor and Labor Relations	p. 692
Introduction	p. 693
Fair Labor Standards Act	p. 694
Retirement and Income Security	p. 697
Other Statutes for Employee Protection	p. 700
Labor Laws	p. 707
Labor Side Agreement to NAFTA	p. 715
Chapter Summary	p. 718
Using the World Wide Web	p. 719
Key Terms	p. 720
Questions and Case Problems	p. 721
Chapter 23 Employment Law and Equal Opportunity	p. 723
Introduction	p. 724
Equal Employment Opportunity Commission	p. 727
Categories of Discrimination	p. 728
Equal Pay Act	p. 736
Age Discrimination in Employment Act	p. 736
Americans with Disabilities Act	p. 737
Statutory Defenses	p. 738
Immigration Acts	p. 739
Affirmative Action	p. 740
Chapter Summary	p. 750
Using the World Wide Web	p. 750
Key Terms	p. 751
Questions and Case Problems	p. 752
Chapter 24 Environmental Law	p. 754
Introduction	p. 755
Historical Background	p. 755
Regulation by State Government	p. 756
Regulation by Local Government	p. 758
Private Litigation	p. 758
Regulation by the Federal Government	p. 758
Judicial Limits	p. 779
Environmental Side Agreement to NAFTA	p. 780
Chapter Summary	p. 783
Using the World Wide Web	p. 783
Key Terms	p. 785
Questions and Case Problems	p. 785
Appendices
A Constitution of the United States of America	p. 1
B The Uniform Commercial Code (Excerpts)	p. 14
C The Sherman Act (Excerpts)	p. 64
D The Clayton Act (Excerpts)	p. 65
E The Federal Trade Commission Act (Excerpts)	p. 70
F National Labor Relations Act (Excerpts)	p. 71
G Federal Civil Rights Acts (Excerpts) including the Americans with Disabilities Act (Excerpts) 42 U.S.C.A. [section] 1981 et seq.	p. 72
H The Uniform Partnership Act (Excerpts)	p. 82
I International Top-Level Domain (ITLD)	p. 87
J Critical Thinking	p. 89
K Selected World Wide Web Addresses	p. 96
L Spanish Equivalents for Important Legal Terms in English	p. 107
Glossary	p. 1
Table of Cases	p. 1
Index	p. 1

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