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Table of Contents

    • About the Authors
    • Acknowledgments
    • Preface
    • 1Introduction to Law and Legal Systems
      • 1.1What Is Law?
      • 1.2Schools of Legal Thought
      • 1.3Basic Concepts and Categories of US Positive Law
      • 1.4Sources of Law and Their Priority
      • 1.5Legal and Political Systems of the World
      • 1.6A Sample Case
      • 1.7Summary and Exercises
    • 2Corporate Social Responsibility and Business Ethics

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      • 2.1What Is Ethics?

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      • 2.2Major Ethical Perspectives

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      • 2.3An Ethical Decision Model

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      • 2.4Corporations and Corporate Governance

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      • 2.5Summary and Exercises

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    • 3Courts and the Legal Process

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      • 3.1The Relationship between State and Federal Court Systems in the United States

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      • 3.2The Problem of Jurisdiction

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      • 3.3Motions and Discovery

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      • 3.4The Pretrial and Trial Phase

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      • 3.5Judgment, Appeal, and Execution

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      • 3.6When Can Someone Bring a Lawsuit?

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      • 3.7Relations with Lawyers

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      • 3.8Alternative Means of Resolving Disputes

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      • 3.9Cases

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    • 4Constitutional Law and US Commerce

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      • 4.1Basic Aspects of the US Constitution

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      • 4.2The Commerce Clause

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      • 4.3Dormant Commerce Clause

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      • 4.4Preemption: The Supremacy Clause

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      • 4.5Business and the Bill of Rights

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      • 4.6Cases

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      • 4.7Summary and Exercises

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    • 5Administrative Law

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      • 5.1Administrative Agencies: Their Structure and Powers

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      • 5.2Controlling Administrative Agencies

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      • 5.3The Administrative Procedure Act

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      • 5.4Administrative Burdens on Business Operations

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      • 5.5The Scope of Judicial Review

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      • 5.6Cases

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      • 5.7Summary and Exercises

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    • 6Criminal Law

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      • 6.1The Nature of Criminal Law

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      • 6.2Types of Crimes

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      • 6.3The Nature of a Criminal Act

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      • 6.4Responsibility

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      • 6.5Procedure

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      • 6.6Constitutional Rights of the Accused

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      • 6.7Cases

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      • 6.8Summary and Exercises

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    • 7Introduction to Tort Law

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      • 7.1Purpose of Tort Laws

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      • 7.2Intentional Torts

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      • 7.3Negligence

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      • 7.4Strict Liability

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      • 7.5Cases

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      • 7.6Summary and Exercises

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    • 8Contracts

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      • 8.1General Perspectives on Contracts

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      • 8.2Contract Formation

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      • 8.3Remedies

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      • 8.4Cases

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      • 8.5Summary and Exercises

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    • 9Products Liability

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      • 9.1Introduction: Why Products-Liability Law Is Important

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      • 9.2Warranties

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      • 9.3Negligence

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      • 9.4Strict Liability in Tort

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      • 9.5Tort Reform

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      • 9.6Cases

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      • 9.7Summary and Exercises

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    • 10Consumer Credit Transactions

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      • 10.1Entering into a Credit Transaction

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      • 10.2Consumer Protection Laws and Debt Collection Practices

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      • 10.3Cases

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      • 10.4Summary and Exercises

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    • 11Secured Transactions and Suretyship

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      • 11.1Introduction to Secured Transactions

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      • 11.2Priorities

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      • 11.3Rights of Creditor on Default and Disposition after Repossession

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      • 11.4Suretyship

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      • 11.5Cases

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      • 11.6Summary and Exercises

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    • 12Mortgages and Nonconsensual Liens

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      • 12.1Uses, History, and Creation of Mortgages

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      • 12.2Priority, Termination of the Mortgage, and Other Methods of Using Real Estate as Security

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      • 12.3Nonconsensual Lien

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      • 12.4Cases

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      • 12.5Summary and Exercises

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    • 13Bankruptcy

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      • 13.1Introduction to Bankruptcy and Overview of the 2005 Bankruptcy Act

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      • 13.2Case Administration; Creditors’ Claims; Debtors’ Exemptions and Dischargeable Debts; Debtor’s Estate

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      • 13.3Chapter 7 Liquidation

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      • 13.4Chapter 11 and Chapter 13 Bankruptcies

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      • 13.5Alternatives to Bankruptcy

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      • 13.6Cases

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      • 13.7Summary and Exercises

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    • 14Relationships between Principal and Agent

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      • 14.1Introduction to Agency and the Types of Agents

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      • 14.2Duties between Agent and Principal

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      • 14.3Cases

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      • 14.4Summary and Exercises

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    • 15Liability of Principal and Agent; Termination of Agency

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      • 15.1Principal’s Contract Liability

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      • 15.2Principal’s Tort and Criminal Liability

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      • 15.3Agent’s Personal Liability for Torts and Contracts; Termination of Agency

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      • 15.4Cases

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      • 15.5Summary and Exercises

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    • 16Employment Law

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      • 16.1Federal Employment Discrimination Laws

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      • 16.2Employment at Will

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      • 16.3Other Employment-Related Laws

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      • 16.4Cases

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      • 16.5Summary and Exercises

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    • 17Labor-Management Relations

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      • 17.1A Brief History of Labor Legislation

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      • 17.2The National Labor Relations Board: Organization and Functions

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      • 17.3Labor and Management Rights under the Federal Labor Laws

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      • 17.4Case

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      • 17.5Summary and Exercises

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    • 18Partnerships: General Characteristics and Formation

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      • 18.1Introduction to Partnerships and Entity Theory

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      • 18.2Partnership Formation

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      • 18.3Cases

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      • 18.4Summary and Exercises

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    • 19Partnership Operation and Termination

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      • 19.1Operation: Relations among Partners

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      • 19.2Operation: The Partnership and Third Parties

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      • 19.3Dissolution and Winding Up

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      • 19.4Cases

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      • 19.5Summary and Exercises

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    • 20Hybrid Business Forms

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      • 20.1Limited Partnerships

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      • 20.2Limited Liability Companies

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      • 20.3Other Forms

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      • 20.4Cases

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      • 20.5Summary and Exercises

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    • 21Corporation: General Characteristics and Formation

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      • 21.1Historical Background

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      • 21.2Partnerships versus Corporations

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      • 21.3The Corporate Veil: The Corporation as a Legal Entity

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      • 21.4Classifications of Corporations

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      • 21.5Corporate Organization

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      • 21.6Effect of Organization

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      • 21.7Cases

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      • 21.8Summary and Exercises

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    • 22Legal Aspects of Corporate Finance

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      • 22.1General Sources of Corporate Funds

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      • 22.2Bonds

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      • 22.3Types of Stock

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      • 22.4Initial Public Offerings and Consideration for Stock

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      • 22.5Dividends

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      • 22.6The Winds of Change

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      • 22.7Cases

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      • 22.8Summary and Exercises

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    • 23Corporate Powers and Management

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      • 23.1Powers of a Corporation

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      • 23.2Rights of Shareholders

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      • 23.3Duties and Powers of Directors and Officers

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      • 23.4Liability of Directors and Officers

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      • 23.5Cases

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      • 23.6Summary and Exercises

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    • 24Securities Regulation

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      • 24.1The Nature of Securities Regulation

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      • 24.2Liability under Securities Law

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      • 24.3Cases

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      • 24.4Summary and Exercises

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    • 25Corporate Expansion, State and Federal Regulation of Foreign Corporations, and Corporate Dissolution

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      • 25.1Corporate Expansion

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      • 25.2Foreign Corporations

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      • 25.3Dissolution

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      • 25.4Cases

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      • 25.5Summary and Exercises

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    • 26Antitrust Law

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      • 26.1History and Basic Framework of Antitrust Laws in the United States

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      • 26.2Horizontal Restraints of Trade

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      • 26.3Vertical Restraints of Trade

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      • 26.4Price Discrimination: The Robinson-Patman Act

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      • 26.5Exemptions

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      • 26.6Sherman Act, Section 2: Concentrations of Market Power

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      • 26.7Acquisitions and Mergers under Section 7 of the Clayton Act

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      • 26.8Cases

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      • 26.9Summary and Exercises

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    • 27Unfair Trade Practices and the Federal Trade Commission

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      • 27.1The Federal Trade Commission: Powers and Law Governing Deceptive Acts

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      • 27.2Deceptive Acts and Practices

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      • 27.3Unfair Trade Practices

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      • 27.4Remedies

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      • 27.5Cases

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      • 27.6Summary and Exercises

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    • 28The Nature and Regulation of Real Estate and the Environment

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      • 28.1Estates

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      • 28.2Rights Incident to Possession and Ownership of Real Estate

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      • 28.3Easements: Rights in the Lands of Others

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      • 28.4Regulation of Land Use

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      • 28.5Environmental Law

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      • 28.6Cases

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      • 28.7Summary and Exercises

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    • 29Introduction to Property: Personal Property and Fixtures

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      • 29.1The General Nature of Property Rights

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      • 29.2Personal Property

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      • 29.3Fixtures

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      • 29.4Case

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      • 29.5Summary and Exercises

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    • 30Intellectual Property

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      • 30.1Patents

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      • 30.2Trade Secrets

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      • 30.3Copyright

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      • 30.4Trademarks

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      • 30.5Cases

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      • 30.6Summary and Exercises

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    • 31The Transfer of Real Estate by Sale

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      • 31.1Forms of Ownership

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      • 31.2Brokers, Contracts, Proof of Title, and Closing

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      • 31.3Adverse Possession

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      • 31.4Cases

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      • 31.5Summary and Exercises

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    • 32Landlord and Tenant Law

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      • 32.1Types and Creation of Leasehold Estates

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      • 32.2Rights and Duties of Landlords and Tenants

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      • 32.3Transfer of Landlord’s or Tenant’s Interest

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      • 32.4Landlord’s Tort Liability

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      • 32.5Cases

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      • 32.6Summary and Exercises

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    • 33International Law

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      • 33.1Introduction to International Law

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      • 33.2Sources and Practice of International Law

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      • 33.3Important Doctrines of Nation-State Judicial Decisions

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      • 33.4Regulating Trade

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      • 33.5Cases

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      • 33.6Summary and Exercises

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