This is the table of contents for the book The Legal Environment and Business Law: Master of Accountancy Edition (v. 1.0). For more details on it (including licensing), click here.

For more information on the source of this book, or why it is available for free, please see the project's home page. You can browse or download additional books there.

Help Creative Commons

Creative Commons supports free culture from music to education. Their licenses helped make this book available to you.

Help a Public School

DonorsChoose.org helps people like you help teachers fund their classroom projects, from art supplies to books to calculators.

The Legal Environment and Business Law: Master of Accountancy Edition

Table of Contents

• About the Authors

• Acknowledgments

• Preface

• 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: Introduction to Tort Law

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

• Chapter 4: Introduction to Contract Law

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

• Chapter 5: The Agreement

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

• Chapter 6: Real Assent

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

• Chapter 7: Consideration

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

• Chapter 8: 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 9: Form and Meaning

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

• Chapter 10: Third-Party Rights

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

• Chapter 11: Discharge of Obligations

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

• Chapter 12: 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 13: 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 14: Title and Risk of Loss

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

• Chapter 15: Performance and Remedies

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

• Chapter 16: 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 17: Negotiation of Commercial Paper

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

• Chapter 18: Holder in Due Course and Defenses

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

• Chapter 19: 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 20: Consumer Credit Transactions

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

• Chapter 21: 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 22: 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 23: 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 24: Intellectual Property

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

• Chapter 25: 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 26: 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 27: Partnerships: General Characteristics and Formation

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

• Chapter 28: 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 29: Hybrid Business Forms

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

• Chapter 30: 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 31: 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 32: 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 33: Securities Regulation

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

• Chapter 34: Corporate Expansion, State and Federal Regulation of Foreign Corporations, and Corporate Dissolution

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

• Chapter 35: 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 36: 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 37: Employment Law

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

• Chapter 38: 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