Table of Contents

• Foreward
  

• Chapter 1: Introduction to Law and Legal Systems
  

  • Chapter Introduction
  • What Is Law?
  • Schools of Legal Thought
  • Basic Concepts and Categories of US Positive Law
  • Sources of Law and Their Priority
  • Legal and Political Systems of the World
  • A Sample Case
  • Summary and Exercises

• Chapter 2: Corporate Social Responsibility and Business Ethics
  

  • Chapter Introduction
  • What Is Ethics?
  • Major Ethical Perspectives
  • An Ethical Decision Model
  • Corporations and Corporate Governance
  • Summary and Exercises

• Chapter 3: Courts and the Legal Process
  

  • Chapter Introduction
  • The Relationship between State and Federal Court Systems in the United States
  • The Problem of Jurisdiction
  • Motions and Discovery
  • The Pretrial and Trial Phase
  • Judgment, Appeal, and Execution
  • When Can Someone Bring a Lawsuit?
  • Relations with Lawyers
  • Alternative Means of Resolving Disputes
  • Cases

• Chapter 4: Constitutional Law and US Commerce
  

  • Chapter Introduction
  • Basic Aspects of the US Constitution
  • The Commerce Clause
  • Dormant Commerce Clause
  • Preemption: The Supremacy Clause
  • Business and the Bill of Rights
  • Cases
  • Summary and Exercises

• Chapter 5: Administrative Law
  

  • Chapter Introduction
  • Administrative Agencies: Their Structure and Powers
  • Controlling Administrative Agencies
  • The Administrative Procedure Act
  • Administrative Burdens on Business Operations
  • The Scope of Judicial Review
  • Cases
  • Summary and Exercises

• Chapter 6: Criminal Law
  

  • Chapter Introduction
  • The Nature of Criminal Law
  • Types of Crimes
  • The Nature of a Criminal Act
  • Responsibility
  • Procedure
  • Constitutional Rights of the Accused
  • Cases
  • Summary and Exercises

• Chapter 7: Introduction to Tort Law
  

  • Chapter Introduction
  • Purpose of Tort Laws
  • Intentional Torts
  • Negligence
  • Strict Liability
  • Cases
  • Summary and Exercises

• Chapter 8: Introduction to Contract Law
  

  • Chapter Introduction
  • General Perspectives on Contracts
  • Sources of Contract Law
  • Basic Taxonomy of Contracts
  • Cases
  • Summary and Exercises

• Chapter 9: The Agreement
  

  • Chapter Introduction
  • The Agreement in General
  • The Offer
  • The Acceptance
  • Cases
  • Summary and Exercises

• Chapter 10: Real Assent
  

  • Chapter Introduction
  • Duress and Undue Influence
  • Misrepresentation
  • Mistake
  • Capacity
  • Cases
  • Summary and Exercises

• Chapter 11: Consideration
  

  • Chapter Introduction
  • General Perspectives on Consideration
  • Legal Sufficiency
  • Promises Enforceable without Consideration
  • Cases
  • Summary and Exercises

• Chapter 12: Legality
  

  • Chapter Introduction
  • General Perspectives on Illegality
  • Agreements in Violation of Statute
  • Bargains Made Illegal by Common Law
  • Effect of Illegality and Exceptions
  • Cases
  • Summary and Exercises

• Chapter 13: Form and Meaning
  

  • Chapter Introduction
  • The Statute of Frauds
  • The Parol Evidence Rule
  • Interpretation of Agreements: Practicalities versus Legalities
  • Cases
  • Summary and Exercises

• Chapter 14: Third-Party Rights
  

  • Chapter Introduction
  • Assignment of Contract Rights
  • Delegation of Duties
  • Third-Party Beneficiaries
  • Cases
  • Summary and Exercises

• Chapter 15: Discharge of Obligations
  

  • Chapter Introduction
  • Discharge of Contract Duties
  • Cases
  • Summary and Exercises

• Chapter 16: Remedies
  

  • Chapter Introduction
  • Theory of Contract Remedies
  • Promisee’s Interests Protected by Contract
  • Legal Remedies: Damages
  • Equitable Remedies
  • Limitations on Contract Remedies
  • Cases
  • Summary and Exercises

• Chapter 17: Introduction to Sales and Leases
  

  • Chapter Introduction
  • Commercial Transactions: the Uniform Commercial Code
  • Introduction to Sales and Lease Law, and the Convention on Contracts for the International Sale of Goods
  • Sales Law Compared with Common-Law Contracts and the CISG
  • General Obligations under UCC Article 2
  • Cases
  • Summary and Exercises

• Chapter 18: Title and Risk of Loss
  

  • Chapter Introduction
  • Transfer of Title
  • Title from Nonowners
  • Risk of Loss
  • Cases
  • Summary and Exercises

• Chapter 19: Performance and Remedies
  

  • Chapter Introduction
  • Performance by the Seller
  • Performance by Buyer
  • Remedies
  • Excuses for Nonperformance
  • Cases
  • Summary and Exercises

• Chapter 20: Products Liability
  

  • Chapter Introduction
  • Introduction: Why Products-Liability Law Is Important
  • Warranties
  • Negligence
  • Strict Liability in Tort
  • Tort Reform
  • Cases
  • Summary and Exercises

• Chapter 21: Bailments and the Storage, Shipment, and Leasing of Goods
  

  • Chapter Introduction
  • Introduction to Bailment Law
  • Liability of the Parties to a Bailment
  • The Storage and Shipping of Goods
  • Negotiation and Transfer of Documents of Title (or Commodity Paper)
  • Cases
  • Summary and Exercises

• Chapter 22: Nature and Form of Commercial Paper
  

  • Chapter Introduction
  • Introduction to Commercial Paper
  • Scope of Article 3 and Types of Commercial Paper and Parties
  • Requirements for Negotiability
  • Cases
  • Summary and Exercises

• Chapter 23: Negotiation of Commercial Paper
  

  • Chapter Introduction
  • Transfer and Negotiation of Commercial Paper
  • Indorsements
  • Problems and Issues in Negotiation
  • Cases
  • Summary and Exercises

• Chapter 24: Holder in Due Course and Defenses
  

  • Chapter Introduction
  • Holder in Due Course
  • Defenses and Role in Consumer Transactions
  • Cases
  • Summary and Exercises

• Chapter 25: Liability and Discharge
  

  • Chapter Introduction
  • Liability Imposed by Signature: Agents, Authorized and Unauthorized
  • Contract Liability of Parties
  • Warranty Liability of Parties
  • Discharge
  • Cases
  • Summary and Exercises

• Chapter 26: Legal Aspects of Banking
  

  • Chapter Introduction
  • Banks and Their Customers
  • Electronic Funds Transfers
  • Wholesale Transactions and Letters of Credit
  • Cases
  • Summary and Exercises

• Chapter 27: Consumer Credit Transactions
  

  • Chapter Introduction
  • Entering into a Credit Transaction
  • Consumer Protection Laws and Debt Collection Practices
  • Cases
  • Summary and Exercises

• Chapter 28: Secured Transactions and Suretyship
  

  • Chapter Introduction
  • Introduction to Secured Transactions
  • Priorities
  • Rights of Creditor on Default and Disposition after Repossession
  • Suretyship
  • Cases
  • Summary and Exercises

• Chapter 29: Mortgages and Nonconsensual Liens
  

  • Chapter Introduction
  • Uses, History, and Creation of Mortgages
  • Priority, Termination of the Mortgage, and Other Methods of Using Real Estate as Security
  • Nonconsensual Lien
  • Cases
  • Summary and Exercises

• Chapter 30: Bankruptcy
  

  • Chapter Introduction
  • Introduction to Bankruptcy and Overview of the 2005 Bankruptcy Act
  • Case Administration; Creditors’ Claims; Debtors’ Exemptions and Dischargeable Debts; Debtor’s Estate
  • Chapter 7 Liquidation
  • Chapter 11 and Chapter 13 Bankruptcies
  • Alternatives to Bankruptcy
  • Cases
  • Summary and Exercises

• Chapter 31: Introduction to Property: Personal Property and Fixtures
  

  • Chapter Introduction
  • The General Nature of Property Rights
  • Personal Property
  • Fixtures
  • Case
  • Summary and Exercises

• Chapter 32: Intellectual Property
  

  • Chapter Introduction
  • Patents
  • Trade Secrets
  • Copyright
  • Trademarks
  • Cases
  • Summary and Exercises

• Chapter 33: The Nature and Regulation of Real Estate and the Environment
  

  • Chapter Introduction
  • Estates
  • Rights Incident to Possession and Ownership of Real Estate
  • Easements: Rights in the Lands of Others
  • Regulation of Land Use
  • Environmental Law
  • Cases
  • Summary and Exercises

• Chapter 34: The Transfer of Real Estate by Sale
  

  • Chapter Introduction
  • Forms of Ownership
  • Brokers, Contracts, Proof of Title, and Closing
  • Adverse Possession
  • Cases
  • Summary and Exercises

• Chapter 35: Landlord and Tenant Law
  

  • Chapter Introduction
  • Types and Creation of Leasehold Estates
  • Rights and Duties of Landlords and Tenants
  • Transfer of Landlord’s or Tenant’s Interest
  • Landlord’s Tort Liability
  • Cases
  • Summary and Exercises

• Chapter 36: Estate Planning: Wills, Estates, and Trusts
  

  • Chapter Introduction
  • Wills and Estate Administration
  • Trusts
  • Factors Affecting Estates and Trusts
  • Cases
  • Summary and Exercises

• Chapter 37: Insurance
  

  • Chapter Introduction
  • Definitions and Types of Insurance
  • Property Insurance, Liability Insurance, and Life Insurance
  • Insurer’s Defenses
  • Case
  • Summary and Exercises

• Chapter 38: Relationships between Principal and Agent
  

  • Chapter Introduction
  • Introduction to Agency and the Types of Agents
  • Duties between Agent and Principal
  • Cases
  • Summary and Exercises

• Chapter 39: Liability of Principal and Agent; Termination of Agency
  

  • Chapter Introduction
  • Principal’s Contract Liability
  • Principal’s Tort and Criminal Liability
  • Agent’s Personal Liability for Torts and Contracts; Termination of Agency
  • Cases
  • Summary and Exercises

• Chapter 40: Partnerships: General Characteristics and Formation
  

  • Chapter Introduction
  • Introduction to Partnerships and Entity Theory
  • Partnership Formation
  • Cases
  • Summary and Exercises

• Chapter 41: Partnership Operation and Termination
  

  • Chapter Introduction
  • Operation: Relations among Partners
  • Operation: The Partnership and Third Parties
  • Dissolution and Winding Up
  • Cases
  • Summary and Exercises

• Chapter 42: Hybrid Business Forms
  

  • Chapter Introduction
  • Limited Partnerships
  • Limited Liability Companies
  • Other Forms
  • Cases
  • Summary and Exercises

• Chapter 43: Corporation: General Characteristics and Formation
  

  • Chapter Introduction
  • Historical Background
  • Partnerships versus Corporations
  • The Corporate Veil: The Corporation as a Legal Entity
  • Classifications of Corporations
  • Corporate Organization
  • Effect of Organization
  • Cases
  • Summary and Exercises

• Chapter 44: Legal Aspects of Corporate Finance
  

  • Chapter Introduction
  • General Sources of Corporate Funds
  • Bonds
  • Types of Stock
  • Initial Public Offerings and Consideration for Stock
  • Dividends
  • The Winds of Change
  • Cases
  • Summary and Exercises

• Chapter 45: Corporate Powers and Management
  

  • Chapter Introduction
  • Powers of a Corporation
  • Rights of Shareholders
  • Duties and Powers of Directors and Officers
  • Liability of Directors and Officers
  • Cases
  • Summary and Exercises

• Chapter 46: Securities Regulation
  

  • Chapter Introduction
  • The Nature of Securities Regulation
  • Liability under Securities Law
  • Cases
  • Summary and Exercises

• Chapter 47: Corporate Expansion, State and Federal Regulation of Foreign Corporations, and Corporate Dissolution
  

  • Chapter Introduction
  • Corporate Expansion
  • Foreign Corporations
  • Dissolution
  • Cases
  • Summary and Exercises

• Chapter 48: Antitrust Law
  

  • Chapter Introduction
  • History and Basic Framework of Antitrust Laws in the United States
  • Horizontal Restraints of Trade
  • Vertical Restraints of Trade
  • Price Discrimination: The Robinson-Patman Act
  • Exemptions
  • Sherman Act, Section 2: Concentrations of Market Power
  • Acquisitions and Mergers under Section 7 of the Clayton Act
  • Cases
  • Summary and Exercises

• Chapter 49: Unfair Trade Practices and the Federal Trade Commission
  

  • Chapter Introduction
  • The Federal Trade Commission: Powers and Law Governing Deceptive Acts
  • Deceptive Acts and Practices
  • Unfair Trade Practices
  • Remedies
  • Cases
  • Summary and Exercises

• Chapter 50: Employment Law
  

  • Chapter Introduction
  • Federal Employment Discrimination Laws
  • Employment at Will
  • Other Employment-Related Laws
  • Cases
  • Summary and Exercises

• Chapter 51: Labor-Management Relations
  

  • Chapter Introduction
  • A Brief History of Labor Legislation
  • The National Labor Relations Board: Organization and Functions
  • Labor and Management Rights under the Federal Labor Laws
  • Case
  • Summary and Exercises

• Chapter 52: International Law
  

  • Chapter Introduction
  • Introduction to International Law
  • Sources and Practice of International Law
  • Important Doctrines of Nation-State Judicial Decisions
  • Regulating Trade
  • Cases
  • Summary and Exercises

• Chapter 53: Contracts
  

  • Chapter Introduction
  • General Perspectives on Contracts
  • Contract Formation
  • Remedies
  • Cases
  • Summary and Exercises