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Essentials of Business Law and the Legal Environment 12th Edition

Richard A. Mann | Barry S. Roberts

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Overview

ESSENTIALS OF BUSINESS LAW AND THE LEGAL ENVIRONMENT, 12th Edition, helps students understand business law, covering a variety of subjects, emphasizing ethical decision-making, and presenting the topics required for CPA exam success. This product summarizes and integrates cases to present recent legal issues and landmark court decisions. Students apply legal reasoning with the issue, rule, application and conclusion (IRAC) method. In addition to highlighting international aspects of legal issues, this edition includes 30+ recent cases; updated coverage of limited liability companies and suretyship; amendments to UCC Articles; and recent U.S. Supreme Court decisions.

Richard A. Mann, The University of North Carolina at Chapel Hill

Richard A. Mann, J.D. received a B.S. in Mathematics from the University of North Carolina at Chapel Hill and a J.D. from Yale Law School. He is professor of Business Law emeritus at the Kenan-Flagler School of Business, University of North Carolina at Chapel Hill, and is past president of the Southeastern Regional Business Law Association. Professor Mann is a member of Who’s Who in America, Who’s Who in American Law, and the North Carolina Bar (inactive). He has written extensively, covering a number of legal topics, including bankruptcy, sales, secured transactions, real property, insurance law, and business associations. Professor Mann has received the American Business Law Journal’s award both for the best article and for the best comment and, in addition, has served as a reviewer and staff editor for the publication. Professor Mann is a co-author of SMITH & ROBERSON’S BUSINESS LAW, BUSINESS LAW AND THE REGULATION OF BUSINESS, ESSENTIALS OF BUSINESS LAW AND THE LEGAL ENVIRONMENT, and CONTEMPORARY BUSINESS LAW.

Barry S. Roberts, The University of North Carolina at Chapel Hill

Barry S. Roberts, J.D., LL.M., received a B.S. in Business Administration from Pennsylvania State University, a J.D. from the University of Pennsylvania, and an LL.M. from Harvard Law School. He served as a judicial clerk for the Pennsylvania Supreme Court prior to practicing law in Pittsburgh. Professor Roberts is professor emeritus of Business Law at the Kenan-Flagler School of Business, University of North Carolina at Chapel Hill, and is a member of Who’s Who in American Law and the North Carolina and Pennsylvania Bars (inactive). He has written numerous articles on such topics as antitrust, products liability, constitutional law, banking law, employment law, and business associations. Professor Roberts has been a reviewer and staff editor for the American Business Law Journal. He is a co-author of SMITH & ROBERSON’S BUSINESS LAW, BUSINESS LAW AND THE REGULATION OF BUSINESS, ESSENTIALS OF BUSINESS LAW AND THE LEGAL ENVIRONMENT, and CONTEMPORARY BUSINESS LAW.

MindTap® is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap.

  • Insightful Illustrations: The text includes more than 220 classroom-tested figures, diagrams, charts, tables, and chapter summaries. The figures and diagrams help students conceptualize the many abstract concepts in the law. Charts and tables summarize prior discussions as well as help illustrate relationships among legal rules. In addition, each chapter has a summary in the form of an annotated outline of the entire chapter, including key terms.
  • Applying the Law: Teach your students how to effectively apply legal reasoning to cases and legal issues using the Issue, Rule, Application and Conclusion (IRAC) method. Students sharpen their skills as each feature depicts a realistic situation that focuses on a single chapter's concept. The "Applying the Law" feature appears in 14 chapters.
  • Ethics Coverage: At the end of Chapter 2, a series of Business Ethics case studies require students to make the value trade-offs that confront business people in their professional lives. More than half of the chapters also contain an "Ethical Dilemma" feature that presents a managerial situation involving ethical issues. A series of questions leads students to explore the ethical dimensions of each situation. To provide further application of ethics in different business contexts, an ethics question follows many cases. These questions are designed to encourage students to consider the ethical dimensions of the facts in the case or of the legal issue invoked by the facts.
  • Critical Thinking Activities: Guide students in examining legal policies or reasoning surrounding a court's decision and strengthen their analytical skills with Critical Thinking Questions that follow every chapter case. The end-of-chapter Questions, Case Problems, and Taking Sides challenge students to apply chapter concepts to realistic hypothetical and case-based situations. Corresponding answers in the Instructor Manual make it easier to clarify supporting concepts.
  • Practical Advice: Each chapter contains practical advice statements that illustrate how legal concepts can be applied to common business situations.
  • Business Law in Action: Numerous chapters include a "Business Law in Action" scenario that illustrates the application of legal concepts to business situations that commonly arise.

Essentials of Business Law and the Legal Environment

TABLE OF CONTENTS

Part I: INTRODUCTION TO LAW AND ETHICS.
1. Introduction to Law.
2. Business Ethics.
Part II: THE LEGAL ENVIRONMENT OF BUSINESS.
3. Civil Dispute Resolution.
4. Constitutional Law.
5. Administrative Law.
6. Criminal Law.
7. Intentional Torts.
8. Negligence and Strict Liability.
Part III: CONTRACTS.
9. Introduction to Contracts.
10. Mutual Assent.
11. Conduct Invalidating Assent.
12. Consideration.
13. Illegal Bargains.
14. Contractual Capacity.
15. Contracts in Writing.
16. Third Parties to Contracts.
17. Performance, Breach, and Discharge.
18. Contract Remedies.
Part IV: SALES.
19. Introduction to Sales and Leases.
20. Performance.
21. Transfer of Title and Risk of Loss.
22. Product Liability: Warranties and Strict Liability.
23. Sales Remedies.
Part V: NEGOTIABLE INSTRUMENTS.
24. Form and Content.
25. Transfer and Holder in Due Course.
26. Liability of Parties.
27. Bank Deposits, Collections, and Funds Transfers.
Part VI: AGENCY.
28. Relationship of Principal and Agent.
29. Relationship with Third Parties.
Part VII: BUSINESS ASSOCIATIONS.
30. Formation and Internal Relations of General Partnerships.
31. Operation and Dissolution of General Partnerships.
32. Limited Partnerships and Limited Liability Companies.
33. Nature and Formation of Corporations.
34. Financial Structure of Corporations.
35. Management Structure of Corporations.
36. Fundamental Changes of Corporations.
Part VIII: DEBTOR AND CREDITOR RELATIONS.
37. Secured Transactions and Suretyship.
38. Bankruptcy.
Part IX: REGULATION OF BUSINESS.
39. Securities Regulation.
40. Intellectual Property.
41. Employment Law.
42. Antitrust.
43. Accountants' Legal Liability.
44. Consumer Protection.
45. Environmental Law.
46. International Business Law.
Part X: PROPERTY.
47. Introduction to Property, Property Insurance, Bailments, and Documents of Title.
48. Interests in Real Property.
49. Transfer and Control of Real Property.
50. Trusts and Wills.
APPENDIX A: The Constitution of the United States of America.
APPENDIX B: Uniform Commercial Code (Selected Provisions).
APPENDIX C: Dictionary of Legal Terms.

Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

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