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Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition

Marianne M. Jennings

  • Published
  • Previous Editions 2013
  • 576 Pages


Using an integrated approach, FOUNDATIONS OF THE LEGAL ENVIRONMENT OF BUSINESS, 3E thoroughly explores the intersection of law, business strategy, and ethics. Authored by a renowned scholar of business ethics, this concise legal environment text covers all core topics and fulfills current curricular and AACSB accrediting standards. The third edition features intriguing examples of legal and ethical issues pulled straight from the news and pop culture, and the author's KnowNow blog gives you access to hundreds of additional examples and pending cases. All-new cases have been strategically chosen to integrate multiple chapter concepts. In addition, new self-graded quizzes at the end of each chapter enable students to check how well they read and understood chapter material. With more than 200 real-world cases and critical-thinking exercises, this student-friendly textbook helps students define their ethical compass within the business world.

Marianne M. Jennings, Arizona State University

Marianne M. Jennings, J.D., Emeritus Professor of Legal and Ethical Studies, has taught at the WP Carey School of Business, Arizona State University since 1977. She was named professor of the year in the College of Business in 1981, 1987, 2000, and 2010. She served as director of the Joan and David Lincoln Center for Applied Ethics at ASU from 1995-1999. Ms. Jennings has written six textbooks and four monographs in the areas of business ethics, ethical culture, and legal environment. She was director of the Lincoln Center for Applied Ethics from 1995 to 1999. Ms. Jennings has worked with government agencies, professional organizations, colleges and universities, and Fortune 100 companies on ethics training and culture. She is a contributing editor of the Accounting and Compliance Alert and the Real Estate Law Journal. Two of her books have been named Library Journal’s book of the year. Her books have been translated into three languages. Her book, The Seven Signs of Ethical Collapse, published by St Martin’s Press, has been used as an audit tool and a primer by numerous organizations for creating and sustaining an ethical culture. In 2011, Ms. Jennings was named one of the Top 100 Thought Leaders by Trust Across America and in 2012, she was named one of the 100 most influential people in business ethics by Ethisphere magazine. Ms. Jennings served on the board of directors for Arizona Public Service (now Pinnacle West) who owned the Palo Verde Nuclear Station from 1987 through 2000. She has served on INPO’s advisory council since 2005. In 2015, she was named an affiliated scholar with the Center for the Study of Economic Liberty at Arizona State University. She conducts ethics training and ethical culture assessments for businesses, including Fortune 100 companies, government agencies, professional associations, and nonprofit organizations.
  • End-of-Chapter Review Questions: Every chapter now ends with all-new multiple-choice review questions. Offering five to ten questions, these short quizzes allow students to check how well they have read and understood chapter material. Answers are provided at the end of the quiz. Questions are structured to walk students through each major topic in the chapter so that they can easily refer back to a section and review the material. Some questions are simply knowledge review, but many include factual scenarios that require application skills.
  • Updated Features and Problems: Each chapter contains at least one new end-of-chapter Problem as well as a new "Consider…" or "Ethical Issue" feature. Examples include Lance Armstrong's rationalizations about why he continued to cheat, ethical issues on films such as "The Wolf of Wall Street," legal issues with an Oscar-winning director concerned about government requests for information about her film "Zero Dark Thirty," a KPMG partner who passed along information about audit clients to a friend so that the friend could trade on the clients' stock before the information became public, and Courtney Love's libel suit for her Twitter remarks about a dress designer.
  • Up-to-the-Minute Examples: The text's innovative KnowNow blog offers hundreds of current examples and pending cases to pique student interest and get students discussing and applying the law to real-world cases.
  • Updated Law: The third edition's coverage of updates to the law includes the addition of Dodd-Frank materials in the securities law sections and consumer credit discussions; provisions of the JOBS Act; the Supreme Court's evolution on Commerce Clause issues, new decisions on affirmative action, and the right of a corporation to challenge a law on the basis of its owners' religious beliefs; and changes in the 1933 Securities Act primary offering and registration section to reflect changes made to allow businesses to raise capital more easily.
  • Chapter 6, "International Law," includes a new emphasis on money laundering and international banking issues.
  • Restructured TOC: In response to instructor feedback, the chapters on employment regulation and employment discrimination have been moved to the business operations section at the end of the book (now Chapters 18 and 19) because they are often covered in other classes. Chapters 10 through 12 also have been significantly restructured, allowing chapter lengths to be more evenly distributed. All consumer credit issues and Dodd-Frank updates have been integrated into the contracts chapters (Chapters 10 and 11) so that they are included in the contracts rights discussion. This cleaner organization de-emphasizes the consumer credit protection laws and allows Chapter 12 to focus entirely on product safety and warranties, including dangerous and defective products.
  • New Cases: In a new approach, cases have been strategically chosen to integrate several chapter concepts at once--instead of one case focusing on one topic from the chapter. The new case in Chapter 15, "Agency Law," provides a thorough discussion of all types of agency--express, implied, and apparent--so that students can see the concepts integrated together. The new case in Chapter 18, "Business and Employees: Employment Regulation," about a bear-feeding employee who smoked marijuana before feeding the bears and then was mauled by a bear incorporates so many concepts about workers' compensation that all of the critical issues can be combined in the discussion of this one case.
  • End-of-chapter "Red Flags for Managers" outline the most critical legal issues that students need to know when they enter the business world--giving them valuable insight into real-world practice.
  • Useful "Business Planning Tips" appear in the margins to help students build a solid bridge between law and business.
  • "Ethical Issues" features integrate situational ethics to develop students' internal ethical compass by challenging them to consider what they would do in a variety of difficult business ethics situations.
  • Presented in an easy-to-understand "think/apply/answer" format, Critical Thinking Applications encourage students to analyze the legal and ethical material discussed in the text.
  • Carefully selected cases immediately draw students in with a catchy one-line introduction that provides a quick synopsis of the legal and ethical topics at hand. Detailed yet succinct, the cases are one to two pages in length.
1. Introduction to Law.
2. Business Ethics and Social Responsibility.
3. The Court System and Dispute Resolution.
4. Business and the Constitution.
5. Administrative Law.
6. International Law.
7. Business Crime.
8. Business Torts.
9. Environmental Regulation and Sustainability.
10. Contracts and Sales: Introduction and Formation.
11. Contracts and Sales: Performance, Remedies, and Rights.
12. Business Marketing and Products: Ads and Product Safety.
13. Business Competition: Antitrust Law.
14. Business and Intellectual Property Law.
15. Agency Law.
16. Governance and Structure: The Law of Business Associations.
17. Governance and Regulation: Securities Law.
18. Business and Employees: Employment Regulation.
19. Business and Employees: Employment Discrimination.
Appendix A: The United States Constitution.
Appendix B: The Uniform Commercial Code (Excerpts).

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  • ISBN-10: 1305722396
  • ISBN-13: 9781305722392
  • STARTING AT $29.49

  • ISBN-10: 130511745X
  • ISBN-13: 9781305117457
  • Bookstore Wholesale Price $174.75
  • RETAIL $232.95

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.



ISBN: 9781305393943

Cengage Learning Testing, powered by Cognero Instant Access

ISBN: 9781305394032
Cengage Learning Testing Powered by Cognero is a flexible online system that allows you to author, edit, and manage test bank content from multiple Cengage Learning solutions; create multiple test versions in an instant; and deliver tests from your learning management system, your classroom, or wherever you want!

CourseMate, 1 term (6 months) Instant Access

ISBN: 9781305393974
CourseMate brings course concepts to life with interactive learning, study, and exam preparation tools that support the printed textbook.


CourseMate, 1 term (6 months) Instant Access

ISBN: 9781305393974
CourseMate brings course concepts to life with interactive learning, study, and exam preparation tools that support the printed textbook.