Higher Education

Business Law and the Regulation of Business, 11th Edition

  • Richard A. Mann The University of North Carolina at Chapel Hill
  • Barry S. Roberts The University of North Carolina at Chapel Hill
  • ISBN-10: 1133587577  |  ISBN-13: 9781133587576
  • 1344 Pages
  • Previous Editions: 2011, 2008, 2005
  • © 2014 | Published
  • College Bookstore Wholesale Price = $310.50
  • Newer Edition Available
  *Why an online review copy?
  • It's the greener, leaner way to review! An online copy cuts down on paper and on time. Reduce the wait (and the weight) of printed texts. Your online copy arrives instantly, and you can review it anytime from your computer or favorite mobile device.

If you prefer a print copy to review, please contact your representative.

About

Overview

Accurate and up-to-date, BUSINESS LAW AND THE REGULATION OF BUSINESS provides students with a straightforward look at the statutory and case law that affects business. This authoritative, black letter text covers the material concisely while providing sufficient depth to ensure easy comprehension by today's students, who can then use what they have learned as a source for sound business decision-making. Cases are excerpted and integrated into the chapters, with both landmark and recent cases included to best illustrate the legal principles discussed. BUSINESS LAW AND THE REGULATION OF BUSINESS, now in its eleventh edition, features one or two new cases in almost every chapter. Mann and Roberts cover all topics found on the CPA exam, making their text an excellent resource for test preparation.

Features and Benefits

  • STRENGTHEN STUDENTS' LEGAL REASONING SKILLS WITH APPLYING THE LAW FEATURE: Teach your students how to effectively apply legal reasoning to cases and legal issues using the Issue, Rule, Application and Conclusion (IRAC) method. Students hone their abilities as each feature depicts a realistic situation that focuses on a single chapter's concept. The "Applying the Law" feature appears in (13) chapters.
  • INTRODUCE THE LATEST DEVELOPMENTS IN BUSINESS LAW TODAY: Updates throughout this edition ensure your course reflects the latest important developments in contemporary business law, including the Credit Card Bill of Rights and the Mortgage Disclosure Improvement Act.
  • EXCERPTED CASES IN THE LANGUAGE OF THE COURT: All of the cases have the facts and decision summarized for clarity, while the opinion is edited to preserve the language of the court. Both landmark and current cases are selected for this new edition.
  • APPLY CHAPTER CONCEPTS WITH 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 and Problems highlight realistic and actual situations and case problems to help students apply chapter concepts. Corresponding answers in the Instructor Manual make it easier to clarify supporting concepts.
  • HIGHLIGHT HOW ETHICS APPLY TO BOTH BUSINESS AND LAW WITH INTEGRATED ETHICS CASE STUDIES: A variety of managerial case studies demonstrate how ethics apply to business as well as law. Students examine corporate governance, corporate scandals, and Sarbanes Oxley. In addition, an Integrated Ethics Case walks students through an insider trading situation at Vulcan, Inc., a realistic multinational, Fortune-200 company and provides opportunity to debate a variety of related ethical issues.
  • EMPHASIZE BUSINESS APPLICATION WITH CONCEPT REVIEWS AND BUSINESS LAW IN ACTION: Give students meaningful insights into why they should learn legal concepts and how today's managers apply the law using longer examples of business law in action within workplace situations.
  • DEMONSTRATE LEGAL CONCEPTS AT WORK IN BUSINESS TODAY WITH PRACTICAL ADVICE: Practical Advice scenarios throughout the text illustrate how business people apply legal concepts to today's common business situations.

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.
APPENDICES.
Appendix A: The Constitution of the United States of America.
Appendix B: Uniform Commercial Code (Selected Provisions).
Appendix C: Uniform Partnership Act.
Appendix D: Revised Uniform Partnership Act (Selected Provisions)
Appendix E: Revised Model Business Corporation Act (Selected Provisions).
Appendix F: Dictionary of Legal Terms.

What's New

  • NEW! A new feature has been added to the end-of-chapter content. "Taking Sides" takes case content and presents both sides of the case issue so that students have the opportunity to fully apply legal concepts learned in the course.
  • NEW! The "Negotiable Instruments" section has been streamlined. Chapters 25 and 26 have been combined into one chapter, titled "Transfer and Holder in Due Course."
  • NEW! Relevant examples of current cases that are defining how key principles of business law are applied in the United States are included. More than 25 new cases were added this edition.
  • NEW! The current edition includes updated coverage of important consumer protection legislation such as the Credit Card Bill of Rights and the Mortgage Disclosure Improvement Act. This allows students to develop a detailed understanding of key laws that will affect the way they will conduct business as a working professional.
  • NEW! Updated "Ethical Dilemma" features in selected chapters.

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

Instructor's Resource CD-ROM  (ISBN-10: 1133588611 | ISBN-13: 9781133588610)

For your convenience, the IRCD includes the Instructor's Manual, the Test Bank with ExamView® Computerized Testing Software, and the PowerPoint® slides.

CourseMate, 2 terms (12 months) Instant Access  (ISBN-10: 1133604854 | ISBN-13: 9781133604853)

Cengage Learning's CourseMate brings course concepts to life with interactive learning, study, and exam preparation tools that support the printed textbook. Maximize your course success with the integrated eBook and chapter-specific learning tools that include flashcards, quizzes, videos, and more in your CourseMate. Key Features: Interactive eBook, Engagement Tracker, Learning Objectives, Tutorial Quizzes, Glossary and Flashcards, and Web Links and References.

List Price = $330.00  | CengageBrain Price = $330.00  | College Bookstore Wholesale Price = $330.00

Digital Video Library 2-Semester Instant Access Code  (ISBN-10: 1133591787 | ISBN-13: 9781133591788)

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 Supplements

CourseMate with Business Law Digital Video Library, 1 term (6 months) Instant Access  (ISBN-10: 1285188365 | ISBN-13: 9781285188362)

Cengage Learning's CourseMate brings course concepts to life with interactive learning, study, and exam preparation tools that support the printed textbook. Maximize your course success with the integrated eBook and chapter-specific learning tools that include flashcards, quizzes, videos, and more in your CourseMate. Key Features: Interactive eBook, Engagement Tracker, Learning Objectives, Tutorial Quizzes, Glossary and Flashcards, and Web Links and References.

List Price = $289.00  | CengageBrain Price = $289.00  | College Bookstore Wholesale Price = $289.00

CourseMate, 2 terms (12 months) Instant Access  (ISBN-10: 1133604854 | ISBN-13: 9781133604853)

Cengage Learning's CourseMate brings course concepts to life with interactive learning, study, and exam preparation tools that support the printed textbook. Access an integrated eBook, learning tools including flashcards, quizzes, and more, all designed specifically to work with BUSINESS LAW AND THE REGULATION OF BUSINESS, 11th Edition.

List Price = $330.00  | CengageBrain Price = $330.00  | College Bookstore Wholesale Price = $330.00

CengageNOW with eBook and Business Law Digital Video Library 1-Semester Instant Access Code  (ISBN-10: 1285188381 | ISBN-13: 9781285188386)

List Price = $83.00  | CengageBrain Price = $83.00  | College Bookstore Wholesale Price = $83.00

CengageNOW with eBook and Business Law Digital Video Library, 2 terms (12 months) Instant Access  (ISBN-10: 1285188357 | ISBN-13: 9781285188355)

List Price = $110.00  | CengageBrain Price = $110.00  | College Bookstore Wholesale Price = $110.00

Digital Video Library 2-Semester Instant Access Code  (ISBN-10: 1133591787 | ISBN-13: 9781133591788)

List Price = $38.00  | College Bookstore Wholesale Price = $38.00

Flash Cards, 2 terms (12 months) Instant Access  (ISBN-10: 1305210093 | ISBN-13: 9781305210097)

Flash cards are effective study aids especially when you only have a limited amount of time. These flash cards work with your title and can help you to review and learn essential terms and key concepts. This is instant access product; at the completion of your purchase, simply go to "My Home" and gain immediate access to your product. Note: If you have purchased CourseMate for your title, flash cards are already included.

List Price = $4.00  | CengageBrain Price = $4.00  | College Bookstore Wholesale Price = $4.00

Quizzing, 2 terms (12 months) Instant Access  (ISBN-10: 1305207416 | ISBN-13: 9781305207417)

Quizzes are effective study aids especially when you only have a limited amount of time. These quizzes work with your title and can help you to review and learn essential terms and key concepts. This is instant access product; at the completion of your purchase, simply go to "My Home" and gain immediate access to your product. Note: If you have purchased CourseMate for your title, quizzes are already included.

List Price = $6.00  | CengageBrain Price = $6.00  | College Bookstore Wholesale Price = $6.00

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

Quizzing with Flash Cards, 2 terms (12 months) Instant Access  (ISBN-10: 1305204859 | ISBN-13: 9781305204850)

Flash cards and quizzes are effective study aids especially when you only have a limited amount of time. These flash cards and quizzes work with your title and can help you to review and learn essential terms and key concepts. This is instant access product; at the completion of your purchase, simply go to "My Home" and gain immediate access to your product. Note: If you have purchased CourseMate for your title, flash cards and quizzes are already included.

List Price = $6.00  | CengageBrain Price = $6.00  | College Bookstore Wholesale Price = $6.00

Meet the Author

Author Bio

Richard A. Mann

Richard A. Mann 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 on 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 Bio: Barry S. Roberts 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 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.