Higher Education

International Business Law and Its Environment, 8th Edition

  • Richard Schaffer Professor Emeritus, Appalachian State University
  • Filiberto Agusti
  • Lucien J. Dhooge Georgia Institute of Technology
  • Beverley Earle Bentley College
  • ISBN-10: 0538473614  |  ISBN-13: 9780538473613
  • 736 Pages
  • Previous Editions: 2009, 2005, 2002
  • © 2012 | Published
  • College Bookstore Wholesale Price = $225.00
  • Newer Edition Available
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About

Overview

INTERNATIONAL BUSINESS LAW AND ITS ENVIRONMENT centers on the International Business and Its Environment delivers comprehensive coverage of the legal, cultural, political, economic, and ethical issues global business managers face. Focusing on the trade, licensing and investment life-cycle that many domestic (new-to-international) and multinational organizations experience, the authors present the market-entry strategies, increasing levels of penetration into foreign markets, and set of risks that firms encounter during each life-cycle phase. From protecting and licensing intellectual property to learning the special challenges of doing business in developing countries and non-market-economies, the 8th Edition helps students understand the most important and emerging issues in global business law through its cutting-edge cases and real-world examples, relevant case questions, managerial problems, and ethics activities.

Features and Benefits

  • Ethical Considerations: Challenge students to evaluate the ethical and moral side of decisions, along with their impact on stakeholders, with real-world scenarios that help develop critical thinking skills.
  • Extensive Consumer Law Coverage: Fascinate students with legal issues they encounter in their own lives with thorough coverage of products liability and other prevalent causes of action in consumer law.
  • Landmark Cases: Known for its comprehensive collection of breakthrough cases from U.S. and foreign courts, along with decisions from the WTO, NAFTA, ICSID, and other international tribunals, the 8th Edition of INTERNATIONAL BUSINESS LAW AND ITS ENVIRONMENT offers students an incomparable resource in international business law.
  • Companion Website: Give students more study tools with the companion website’s online quizzes, Key Terms flashcards, and relevant web links. Instructors can also access all supplements through the companion website.
  • Managerial Implications: Spark intriguing discussions with the text’s end-of-chapter feature on Managerial Implications, which entices students to apply chapter concepts to real-world issues and see them from a broader perspective.

Table of Contents

PART I: THE LEGAL ENVIRONMENT OF INTERNATIONAL BUSINESS.
1. Introduction to International Business.
2. International Law and the World’s Legal Systems.
3. Resolving International Commercial Disputes.
PART II: INTERNATIONAL SALES, CREDITS, AND THE COMMERCIAL TRANSACTION.
4. Sales Contracts and Excuses for Nonperformance.
5. The Documentary Sale and Terms of Trade.
6. The Carriage of Goods, and the Liability of Air and Sea Carriers.
7. Bank Collections, Trade Finance, and Letters of Credit.
PART III: INTERNATIONAL AND U.S. TRADE LAW.
8. National Lawmaking Powers and the Regulation of U.S. Trade.
9. GATT Law and the World Trade Organization: Basic Principles.
10. Laws Governing Access to Foreign Markets.
11. Regulating Import Competition and Unfair Trade.
12. Imports, Customs, and Tariff Law.
13. The Regulation of Exports.
14. North American Free Trade Law.
15. The European Union and Other Regional Trade Areas.
PART IV: REGULATION OF THE INTERNATIONAL MARKETPLACE.
16. International Marketing Law: Sales Representatives, Advertising,
and Ethical Issues.
17. Licensing Agreements and the Protection of Intellectual Property
Rights.
18. Host-Country Takings of Property: Nationalization, Corporate Law, Taxation, and Currency Control.
19. Labor and Employment Discrimination Law.
20. Environmental Law.
21. Regulating the Competitive Environment.
Appendix A: United Nations Convention on Contracts for the
International Sale of Goods.
Appendix B: The General Agreement on Tariffs and Trade.
Appendix C: Multilateral Agreements on Trade in Goods (Selected
Provisions).
Appendix D: General Agreement on Trade in Services (Selected
Provisions).
Appendix E: Agreement on Trade-Related Aspects of Intellectual
Property.
Appendix F: North American Free Trade Agreement.
INDEX.
Note: All appendices are located on the companion website at
www.cengage.com/blaw/schaffer.

What's New

  • New Cases and Case Questions: New cases have been added throughout to illustrate the issues in the most current contexts, while every in-text case now concludes with a short set of questions for students to test their comprehension as they progress through the chapters.
  • Expanded Ethics Coverage: Now included in all chapters, the Ethical Considerations exercises ask students to consider the repercussions of their decisions as future international business leaders.
  • New Key Terms: Added to help students streamline their studies, key terms with their corresponding page numbers can now be found in the end-of-chapter content.
  • Expanded European Union Coverage: The 8th Edition includes expanded coverage of the European Union and the modern implications of doing business there.
  • Student-Friendly Approach: Newly redesigned to be easier to understand, the text’s structure and writing deliver all the essential course material without overwhelming students.

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Bundle: International Business Law and Its Environment, 8th + Student Guide to the Sarbanes-Oxley Act, 2nd

ISBN-10: 1111661014  | ISBN-13: 9781111661014

List Price = $340.95  | CengageBrain Price = $427.95  | College Bookstore Wholesale Price = $255.75

This Bundle Includes:

  • International Business Law and Its Environment
    List Price = $299.95  | CengageBrain Price = $421.95  | College Bookstore Wholesale Price = $225.00
  • Student Guide to the Sarbanes-Oxley Act
    List Price = $40.95  | CengageBrain Price = $40.95  | College Bookstore Wholesale Price = $30.75


Bundle: Text + Business Law Digital Video Library Printed Access Card

ISBN-10:  1111661006 | ISBN-13:  9781111661007

List Price = $299.95  | College Bookstore Wholesale Price = $225.00

This Bundle Includes:

  • International Business Law and Its Environment
    List Price = $299.95  | CengageBrain Price = $421.95  | College Bookstore Wholesale Price = $225.00
  • Business Law Digital Video Library, 2 term (12 months) Printed Access Card
    List Price = $42.00  | CengageBrain Price = $42.00  | College Bookstore Wholesale Price = $31.50


Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

Business Law Digital Video Library, 2 term (12 months) Printed Access Card  (ISBN-10: 0324223277 | ISBN-13: 9780324223279)

The Digital Library offers more than 90 videos and helps your students link their everyday experiences to legal ideas, spark classroom discussion, and reinforce core concepts. The videos are available with MindTap, CengageNOW™, and CourseMate, and at http://www.cengage.com/blaw/dvl.

List Price = $42.00  | CengageBrain Price = $42.00  | College Bookstore Wholesale Price = $31.50

Student Guide to Sustainabillity, Law, and Ethics  (ISBN-10: 1285752120 | ISBN-13: 9781285752129)

Enhance your Business Law or Legal Environment course with this short student guide on how law and ethics play a part in moving business and society toward (or away from) sustainability. You can assign all or part of this guide to supplement your Cengage textbook to illustrate how our laws occasionally boost, but more often impose barriers to, long-term sustainable planning at both the corporate and national level. The guide provides supplemental materials for Constitutional law, corporate and securities law, torts and contracts, real estate law, and international law and a brief but thorough introductory chapter on sustainability, law, and ethics.

List Price = $39.95  | CengageBrain Price = $39.95  | College Bookstore Wholesale Price = $30.00

Student Guide to the Sarbanes-Oxley Act  (ISBN-10: 0324827199 | ISBN-13: 9780324827194)

Enron was once the seventh-largest company on the Fortune 500. Yet, in the wake of revelations of accounting irregularities and securities fraud, it became entangled in the greatest business scandal of a generation and was essentially blinked out of existence after declaring bankruptcy. Similar accounting scandals at Global Crossing, Tyco, WorldCom, Adelphia, HealthSouth, and other companies prompted Congress to pass the Sarbanes-Oxley Act (SOX) in June 2002. This revolutionary act, which embodies the most significant securities law changes since the original federal securities laws of 1933 and 1934, contains provisions that create a new federal agency, restructure the entire accounting industry, reform Wall Street practices, dramatically alter corporate governance practices here and abroad, and attack insider trading and obstruction of justice. A lot has happened since its passage. The Public Company Accounting Oversight Board (PCAOB) has come into being, and the PCAOB and the Securities Exchange Commission (SEC) have issued countless rules to implement the SOX's many legislative mandates. This short guide focuses not only on what each part and section of the SOX means but also on what businesses need to know now that is has been implemented.

List Price = $40.95  | CengageBrain Price = $40.95  | College Bookstore Wholesale Price = $30.75

Student Supplements

Business Law Digital Video Library, 2 term (12 months) Printed Access Card  (ISBN-10: 0324223277 | ISBN-13: 9780324223279)

The Digital Library offers over 90 videos and helps you link your everyday experiences to legal ideas, spark classroom discussion, and reinforce core concepts. The videos are available with MindTap, CengageNOW™, and CourseMate, and at http://www.cengage.com/blaw/dvl.

List Price = $42.00  | CengageBrain Price = $42.00  | College Bookstore Wholesale Price = $31.50

Student Guide to Sustainabillity, Law, and Ethics  (ISBN-10: 1285752120 | ISBN-13: 9781285752129)

Enhance your knowledge of business law or the legal environment with this short student guide on how law and ethics play a part in moving business and society toward (or away from) sustainability. The guide illustrates how our laws occasionally boost, but more often impose barriers to, long-term sustainable planning at both the corporate and national level. It provides supplemental materials for Constitutional law, corporate and securities law, torts and contracts, real estate law, and international law and a brief but thorough introductory chapter on sustainability, law, and ethics.

List Price = $39.95  | CengageBrain Price = $39.95  | College Bookstore Wholesale Price = $30.00

Student Guide to the Sarbanes-Oxley Act  (ISBN-10: 0324827199 | ISBN-13: 9780324827194)

Enron was once the seventh-largest company on the Fortune 500. Yet, in the wake of revelations of accounting irregularities and securities fraud, it became entangled in the greatest business scandal of a generation and was essentially blinked out of existence after declaring bankruptcy. Similar accounting scandals at Global Crossing, Tyco, WorldCom, Adelphia, HealthSouth, and other companies prompted Congress to pass the Sarbanes-Oxley Act (SOX) in June 2002. This revolutionary act, which embodies the most significant securities law changes since the original federal securities laws of 1933 and 1934, contains provisions that create a new federal agency, restructure the entire accounting industry, reform Wall Street practices, dramatically alter corporate governance practices here and abroad, and attack insider trading and obstruction of justice. A lot has happened since its passage. The Public Company Accounting Oversight Board (PCAOB) has come into being, and the PCAOB and the Securities Exchange Commission (SEC) have issued countless rules to implement the SOX's many legislative mandates. This short guide focuses not only on what each part and section of the SOX means but also on what businesses need to know now that is has been implemented.

List Price = $40.95  | CengageBrain Price = $40.95  | College Bookstore Wholesale Price = $30.75

Meet the Author

Author Bio

Richard Schaffer

Richard Schaffer is a Professor Emeritus of Business Law in the Department of Finance of the Walker College of Business at Appalachian State University. He taught for twenty-five years in the areas of business law, international business transactions, and the law of international trade and investment, and founded the university's international business and business study abroad programs. Prior to academia, Professor Schaffer worked with the United Nations examining the relationship between corrupt practices, multinational corporations, and socio-economic development, and also served as rapporteur of UN working groups on international economic crime. He has consulted to business schools and industry trade groups, as well as businesses. Professor Schaffer received his J.D. from the University of Mississippi and his LL.M. from New York University.

Filiberto Agusti

Filiberto Agusti is a partner in the international law firm of Steptoe & Johnson, LLP, where he has practiced law since 1978. He represents governments, multinational corporations, manufacturers, and investors in international arbitrations, lawsuits between multinational enterprises, and transactional negotiations. His work involves disputes and negotiations over international infrastructure, power generation facilities, cross-border corporate acquisitions, international joint ventures, and bankruptcy reorganizations. Mr. Agusti has authored articles for the Harvard Law Review and other legal publications, is a frequent speaker at professional seminars around the world, and regularly comments on legal issues on camera for Univisión, Telemundo, and CNN en Español. Mr. Agusti was a law clerk to the U.S. Court of Appeals for the Second Circuit, and received his law degree from Harvard Law School, where he was a senior editor of the Harvard Law Review.

Lucien J. Dhooge

Lucien Dhooge is the Sue and John Staton Professor of Law at the College of Management at the Georgia Institute of Technology where he teaches international business law and ethics, and serves as director of the global executive M.B.A. program and area coordinator in law and ethics. Prior to his tenure with the Georgia Institute of Technology, Professor Dhooge practiced law for eleven years and served on the faculty of the University of the Pacific in California for twelve. He has authored more than fifty scholarly articles, co-authored five books, and is a past editor-in-chief of the American Business Law Journal and Journal of Legal Studies Education. Professor Dhooge has presented throughout the United States, as well as in Asia, Europe, and South America, and has received numerous research and teaching awards, including six Ralph C. Hoeber Awards for excellence in published research. After completing an undergraduate degree in history at the University of Colorado, Professor Dhooge earned his J.D. from the University of Denver College of Law and his LL.M. from the Georgetown University Law Center.

Beverley Earle

Beverley Earle is a Professor and Chair of the Law, Taxation and Financial Planning Department, at Bentley University, Waltham, Massachusetts where she has been on the faculty since 1983. She teaches international business law at the undergraduate and graduate level as well as courses on the legal environment of business and law and society. She graduated with a B.A. from the University of Pennsylvania and a J.D. from Boston University and is admitted to practice in Massachusetts. Her law review articles have been published by universities including U.C. Berkeley, Northwestern, Cornell and University of Iowa (forthcoming) to mention a few. She has received numerous awards including the Academy of Legal Studies in Business Holmes-Cardozo award as well as Bentley’s Scholar of the Year, Innovation in Teaching Award and Outstanding Scholarly Contribution Award. She is past President of the International Section of the ALSB. Since 2006, she has been an appointee to the Massachusetts Board of Bar Overseers Hearing Committee on Attorney Discipline.