Business law and the legal environment
The hallmark of this text is its concise statement of black letter law that affects business. Widely praised for its case selection and focus on CPA preparation, professors and students alike can have confidence that they are learning the most up-to-date developments in business law. Summarized cases, supporting examples, ethical scenarios drawn from the real world, short vignettes entitled "What's Behind the Law", and plentiful end-of-chapter case problems introduce students to the legal issues that they will face in the business world. This text is appropriate for a one or two-term course in business law or combination business law and legal environment course in both quarter and semester programs found in business, accounting, business law, commercial law, management, finance, or similar departments at both four-year and two-year schools.
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PARTI THE LEGAL AND SOCIAL ENVIRONMENT OF BUSINESS
The Nature and Sources of Law
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acceptance action administrative agency agreed agreement anticipatory repudiation antitrust apply arbitration assignment assignor bailee bailment bank benefit binding buyer claimed commercial conduct consideration Constitution contractor Corp corporation court crime criminal customers damages Decision defendant discharged dispute duty employees enforced ethical example export fact false federal foreign harm illegal impose injury intent jury lease liability license limited loan ment minor NE2d negligence NW2d obligation obtain offer offeree oral contract ordinarily owner parol evidence rule patent payment performance plaintiff prohibited promise promisor promissory estoppel protection purchase reasonable recover refused regulation SE2d sell seller specified statement statute of frauds sued SW2d third party beneficiary third person tion tort tract trade transaction U.S. Constitution U.S. Steel U.S. Supreme Court Uniform Commercial Code unilateral contract valid violation written contract