Essentials of Business Law

by LIUZZO

Edition:

6th

ISBN13:

9780073054278

ISBN10:

0073054275

Format:

Paperback

Pub. Date:

8/30/2005

Publisher(s):

Career Education

Upgraded Edition: Click here!

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Summary

The sixth edition of this popular textbook presents the most practical, most current, and only concise, broad-based introduction to the study of business law principles and practices. The material has been revised and updated to reflect recent developments in the legal field, and every chapter includes an abundance of real-world examples that illustrate the law at work. In-depth coverage of the latest issues in business law, including new coverage of technology, product liability, and employment law, is also provided. New presentation and an engaging design make the book easy to teach and understand, and the new and expanded pedagogy, with an emphasis on teachability and assessment, offers teachers and students a wealth of opportunities for enriching the learning experience. Students will come away with a clear understanding of business law topics and be able to identify, explain, and apply the principles of business law in the world around them.

Preface

PART ONE INTRODUCTION TO LAW

(76)

Our System of Law

(15)

The Law in Our World

(1)

Applications of Law

(1)

Personal Applications of Law

(1)

Business Applications of Law

(1)

Government Applications of Law

(1)

Origins of Law

(3)

Constitutional Law

(1)

Common Law

(1)

Precedent

(1)

Case Law

(1)

Statutory Law

(1)

Administrative Law

(1)

Uniform Commercial Code

(1)

Classification of Laws

(1)

Moral Law

(1)

The Operation of Our System of Law

(1)

A System of Courts

(2)

Court Jurisdiction

(1)

Federal Courts

(1)

State Courts

(1)

Chapter Summary

(1)

Assessment

(6)

Matching Legal Terms

(1)

Multiple Choice Quiz

(1)

Discussion Questions

(1)

Thinking Critically about the Law

(1)

Case Questions

(1)

Case Analysis

(1)

Legal Research

(1)

Ethics and the Law

(13)

Ethics in Our World

(1)

Ethics, Morals, and Values

(1)

Sources of Group and Individual Values

(1)

The Relationship between Law and Ethics

(1)

Responses to Ethical Issues

(2)

Responses of Business Firms

(2)

Responses of Educational Institutions

(1)

Responses of Governments

(1)

Responses of Trade and Professional Associations

(1)

Ways to Ensure Ethical Practices

(1)

Whistleblowing

(1)

Integration of Ethics into Business and Government

(1)

Chapter Summary

(1)

Assessment

(6)

Matching Legal Terms

(1)

True/False Quiz

(1)

Discussion Questions

(1)

Thinking Critically about the Law

(1)

Case Questions

(1)

Case Analysis

(1)

Legal Research

(1)

Criminal Law

(14)

Crime

(1)

Classification of Crimes

(1)

Treason

(1)

Felony

(1)

Misdemeanor

(1)

Crimes in the Business World

(5)

White-Collar Crime

(1)

Arson

(1)

Larceny

(1)

Bribery

(1)

False Pretenses

(1)

Forgery

(1)

Perjury

(1)

Embezzlement

(1)

Extortion

(1)

Other Business-Related Crimes

(1)

Chapter Summary

(1)

Chapter 3 Assessment

(7)

Matching Legal Terms

(1)

True/False Quiz

(1)

Discussion Questions

(1)

Thinking Critically about the Law

(1)

Case Questions

(1)

Case Analysis

(2)

Legal Research

(1)

Tort Law

(18)

The Nature of Torts

(1)

The Law of Torts

(1)

Defamation

(1)

Libel and Slander

(4)

Characteristics of Libel

(2)

Characteristics of Slander

(1)

Trade Libel

(1)

Humor and Slander

(1)

Defenses to Defamation

(1)

Nuisance

(1)

Conversion

(1)

Negligence

(3)

Unavoidable Accident

(1)

The ``Reasonable Person''

(1)

Kinds of Negligence

(1)

Liability

(2)

Vicarious Liability

(1)

Strict Liability

(2)

Chapter Summary

(1)

Chapter 4 Assessment

(7)

Matching Legal Terms

(1)

True/False Quiz

(1)

Discussion Questions

(1)

Thinking Critically about the Law

(1)

Case Questions

(1)

Case Analysis

(2)

Legal Research

(1)

Administrative Law

(15)

Administrative Agencies

(1)

Organization of Governments

(1)

Legislative Branch of Government

(1)

Executive Branch of Government

(1)

Judicial Branch of Government

(1)

Functions of Administrative Agencies

(1)

Regulating Conduct

(1)

Fulfilling Government Requirements

(1)

Disbursing Benefits

(1)

Providing Goods and Services

(1)

How and Why an Administrative Agency Is Formed

(2)

Similarities between Administrative Agencies and Governments

(1)

Executive Function

(1)

Legislative Function

(1)

Judicial Function

(1)

Differences between Administrative Agencies and Governments

(2)

Executive Function

(1)

Legislative Function

(1)

Judicial Function

(1)

Criticism of Administrative Agencies

(1)

Chapter Summary

(1)

Chapter 5 Assessment

(7)

Matching Legal Terms

(1)

True/False Quiz

(1)

Discussion Questions

(1)

Thinking Critically about the Law

(1)

Case Questions

(1)

Case Analysis

(2)

Legal Research

(2)

PART TWO CONTRACTS

(120)

Introduction to Contracts

(16)

The Nature of a Contract

(1)

Agreements That Result in Contracts

(1)

Purposes of a Contract

(1)

Elements of an Enforceable Contract

(2)

Offer and Acceptance

(1)

Mutual Agreement

(1)

Consideration

(1)

Competent Parties

(1)

Legality of Purpose

(1)

Proper Form

(1)

Kinds of Contracts

(3)

Oral Contracts

(1)

Written Contracts

(1)

Express Contracts

(1)

Implied Contracts

(1)

Formal Contracts

(1)

Simple Contracts

(1)

Entire Contracts

(1)

Divisible Contracts

(1)

Status of Contracts

(1)

Executory Contracts

(1)

Executed Contracts

(1)

Enforceability of Contracts

(2)

Valid Contracts

(1)

Void Contracts

(2)

Voidable Contracts

(1)

Chapter Summary

(1)

Chapter 6 Assessment

(6)

Matching Legal Terms

(1)

True/False Quiz

(1)

Discussion Questions

(1)

Thinking Critically about the Law

(1)

Case Questions

(1)

Case Analysis

(1)

Legal Research

(1)

Offer, Acceptance, and Mutual Agreement

(19)

Reaching Mutual Agreement

(1)

Characteristics of a Valid Offer

(1)

An Offer Must Be Definite and Certain

(1)

An Offer Must Be Communicated

(1)

An Offer Must Intend an Enforceable Obligation

(1)

Bids, Advertising, and Public Offers

(2)

Bids and Estimates

(1)

Advertising

(1)

Public Offers

(1)

Characteristics of a Valid Acceptance

(2)

An Acceptance Must Be Communicated

(1)

An Acceptance Must Be Unconditional

(2)

Termination of an Offer

100

(1)

Termination by Lapse of Time

100

(1)

Termination by Revocation

100

(1)

Termination by Rejection

101

(1)

Defective Agreements

101

(5)

Fraud

101

(2)

Misrepresentation

103

(1)

Mistake

103

(1)

Undue Influence

104

(1)

Duress

104

(1)

Contracts of Adhesion

105

(1)

Unconscionable Contracts

105

(1)

Chapter Summary

106

(1)

Chapter 7 Assessment

106

(7)

Matching Legal Terms

106

(1)

True/False Quiz

107

(1)

Discussion Questions

108

(1)

Thinking Critically about the Law

109

(1)

Case Questions

109

(1)

Case Analysis

110

(2)

Legal Research

112

(1)

Consideration

113

(13)

The Nature of Consideration

114

(1)

Characteristics of Valid Consideration

114

(1)

Legality of Consideration

114

(1)

Adequacy of Consideration

115

(1)

Possibility of Performance

115

(1)

Kinds of Valid Consideration

115

(2)

A Promise for a Promise

115

(1)

Promises of Forbearance

116

(1)

Pledges or Subscriptions

116

(1)

Consideration and the Uniform Commercial Code

117

(1)

General Release

117

(1)

Agreements That Lack Consideration

118

(1)

Barren Promises

118

(1)

Gratuitous Promises

118

(1)

Agreements Supported by Moral Consideration

119

(1)

Agreements Supported by Past Consideration

119

(1)

Chapter Summary

119

(1)

Chapter 8 Assessment

120

(6)

Matching Legal Terms

120

(1)

True/False Quiz

120

(1)

Discussion Questions

121

(1)

Thinking Critically about the Law

122

(1)

Case Questions

123

(1)

Case Analysis

124

(1)

Legal Research

125

(1)

Competent Parties

126

(13)

The Capacity to Contract

127

(1)

Minors' Contracts

127

(4)

Avoidance of Minors' Contracts

127

(1)

Ratification of Minors' Contracts

128

(1)

Disaffirmance of Minors' Contracts

128

(1)

Minors' Enforceable Contracts

129

(1)

Liability for Minors' Torts and Crimes

130

(1)

Contracts of the Mentally Incompetent

131

(1)

Contracts of Persons Affected by Drugs or Alcohol

132

(1)

Chapter Summary

132

(1)

Chapter 9 Assessment

133

(6)

Matching Legal Terms

133

(1)

True/False Quiz

133

(1)

Discussion Questions

134

(1)

Thinking Critically about the Law

135

(1)

Case Questions

136

(1)

Case Analysis

137

(1)

Legal Research

138

(1)

Legal Purpose of Contracts

139

(14)

Legality and the Public Interest

140

(1)

Classification of Illegal Agreements

140

(1)

Effect of Illegality

140

(1)

Agreements in Violation of Statutes

140

(2)

Agreements Made on Sundays or Legal Holidays

140

(1)

Gambling and Wagering Agreements

141

(1)

Usurious Agreements

141

(1)

Unlicensed Transactions

142

(1)

Agreements against Public Policy

142

(2)

Agreements That Obstruct or Pervert Justice

142

(1)

Agreements That Restrain Marriage

143

(1)

Agreements That Interfere with Public Service

143

(1)

Agreements to Defraud Creditors and Other Persons

143

(1)

Illegal Restraints of Trade

144

(1)

Sherman Antitrust Act

144

(1)

Robinson-Patman Act

144

(1)

Legal Restraints of Trade

145

(1)

Government-Granted Monopolies

145

(1)

Private Franchises

145

(1)

Zoning Regulations

146

(1)

Environmental and Safety Regulations

146

(1)

Chapter Summary

146

(1)

Chapter 10 Assessment

147

(6)

Matching Legal Terms

147

(1)

True/False Quiz

148

(1)

Discussion Questions

148

(1)

Thinking Critically about the Law

149

(1)

Case Questions

150

(1)

Case Analysis

151

(1)

Legal Research

152

(1)

Form of Contracts

153

(13)

The Requirements of Proper Form

154

(1)

When Contracts Should Be in Writing

154

(1)

The Parol Evidence Rule

154

(1)

The Statute of Frauds

155

(1)

Types of Contracts That Must Be in Writing

155

(3)

Agreements by an Executor or Administrator to Pay the Debts of a Deceased Person

155

(1)

Agreements to Answer for the Debts of Another

156

(1)

Agreements That Cannot Be Completed in Less Than One Year

156

(1)

Agreements Made in Contemplation of Marriage

156

(1)

Agreements to Sell Any Interest in Real Property

157

(1)

Agreements to Sell Personal Property for $500 or More

157

(1)

Information Included in a Written Contract

158

(1)

Chapter Summary

159

(1)

Chapter 11 Assessment

160

(6)

Matching Legal Terms

160

(1)

True/False Quiz

160

(1)

Discussion Questions

161

(1)

Thinking Critically about the Law

162

(1)

Case Questions

163

(1)

Case Analysis

163

(2)

Legal Research

165

(1)

Operation of Contracts

166

(14)

Contracts Involving Third Parties

167

(1)

Rights of Third Parties

167

(1)

Third-Party Beneficiaries

167

(1)

Incidental Beneficiaries

167

(1)

Assignment of Rights

168

(3)

Form of Assignment

168

(1)

Notice of Assignment

168

(1)

Rights That May Be Transferred

169

(1)

The Assignor's Guaranty

169

(1)

Contracts That May Not Be Assigned

169

(2)

Delegation of Duties

171

(1)

Assignment and Delegation by Law

171

(1)

Death of a Contracting Party

171

(1)

Bankruptcy of a Contracting Party

172

(1)

Novation

172

(1)

Chapter Summary

172

(1)

Chapter 12 Assessment

173

(7)

Matching Legal Terms

173

(1)

True/False Quiz

174

(1)

Discussion Questions

175

(1)

Thinking Critically about the Law

175

(1)

Case Questions

176

(1)

Case Analysis

177

(2)

Legal Research

179

(1)

Discharge of Contracts

180

(17)

Termination of Contracts

181

(1)

Termination by Agreement

181

(1)

Termination by Performance

181

(2)

Substantial Performance

181

(1)

Performance by Payment of Money

182

(1)

Tender and Its Effect

182

(1)

Termination by Impossibility of Performance

183

(1)

Personal-Service Contracts

184

(1)

Frustration of Purpose

184

(1)

Termination by Alteration

184

(1)

Termination by Operation of Law

185

(1)

Termination by Breach of Contract

185

(2)

Anticipatory Breach

185

(1)

Breach Resulting from a Deliberate or Negligent Act

186

(1)

Failure to Perform an Obligation

186

(1)

Termination to Protect a Consumer

187

(1)

Remedies for Breach of a Contract

187

(2)

Specific Performance

187

(1)

Restraining Order or Injunction

188

(1)

Chapter Summary

189

(1)

Chapter 13 Assessment

190

(7)

Matching Legal Terms

190

(1)

True/False Quiz

190

(1)

Discussion Questions

191

(1)

Thinking Critically about the Law

192

(1)

Case Questions

193

(1)

Case Analysis

194

(2)

Legal Research

196

(1)

PART THREE SALES, AGENCY, AND BUSINESS ORGANIZATIONS

197

(82)

Transfer of Title

198

(15)

Title

199

(1)

The Right of Ownership

199

(1)

Kinds of Property

199

(1)

Real Property

199

(1)

Personal Property

199

(1)

How Title Passes

200

(1)

Bill of Sale

200

(1)

Bill of Lading

200

(1)

Warehouse Receipt

201

(1)

When Title Passes

201

(1)

Intent

201

(1)

Specific Time

201

(1)

Conditional Sales

202

(1)

Conditions Precedent

202

(1)

Conditions Subsequent

202

(1)

Lost and Stolen Goods

202

(1)

Transfer of Title by Estoppel

203

(1)

Examples of Estoppel

203

(1)

Sales by Persons Having Rightful Possession

204

(1)

Sales by Persons Having Wrongful Possession

204

(1)

Transfer of Title to Fungible Goods

205

(1)

Chapter Summary

206

(1)

Chapter 14 Assessment

207

(6)

Matching Legal Terms

207

(1)

True/False Quiz

207

(1)

Discussion Questions

208

(1)

Thinking Critically about the Law

209

(1)

Case Questions

210

(1)

Case Analysis

211

(1)

Legal Research

212

(1)

Sales

213

(18)

The Law of Sales

214

(1)

Contract for Sale

214

(1)

Contract to Sell

215

(1)

Oral, Written, and Implied Contracts

215

(1)

Entire and Divisible Sales Contracts

215

(1)

Contracts for Labor and Materials

216

(1)

Trial Periods and Returns

216

(2)

Contract for Sale with Right of Return

217

(1)

Sale on Approval

217

(1)

Sale on Return

217

(1)

Other Kinds of Sales

218

(1)

Auction Sales

218

(1)

Conditional Sales

218

(1)

Delivery

219

(1)

Sales f.o.b. Shipping Point

219

(1)

Sales f.o.b. Destination

219

(1)

Remedies for Breach of Sales Contracts

220

(4)

Sellers' Remedies

220

(1)

Buyers' Remedies

221

(3)

Chapter Summary

224

(1)

Chapter 15 Assessment

224

(7)

Matching Legal Terms

224

(1)

True/False Quiz

225

(1)

Discussion Questions

226

(1)

Thinking Critically about the Law

227

(1)

Case Questions

227

(2)

Case Analysis

229

(1)

Legal Research

230

(1)

Warranties

231

(13)

Protecting Consumers and Third Parties

232

(1)

The Law of Warranties

232

(1)

Express Warranties

233

(2)

Express Warranty by Promise

233

(1)

Express Warranty by Description, Sample, or Model

233

(1)

The Timing of the Express Warranty

234

(1)

The Effect of Sellers' ``Puffing''

234

(1)

Disclaimers of Express Warranties

234

(1)

Implied Warranties

235

(2)

Title

235

(1)

Quality

235

(1)

Disclaimers of Implied Warranties

236

(1)

Magnuson-Moss Warranty Legislation

237

(1)

Provisions of Magnuson-Moss

237

(1)

Distinction between Full and Limited Warranty

237

(1)

Chapter Summary

238

(1)

Chapter 16 Assessment

238

(6)

Matching Legal Terms

238

(1)

True/False Quiz

239

(1)

Discussion Questions

240

(1)

Thinking Critically about the Law

241

(1)

Case Questions

241

(1)

Case Analysis

242

(1)

Legal Researcy

243

(1)

Agency

244

(20)

Principal-Agent Relationships

245

(1)

Who May Appoint an Agent

245

(1)

Who May Be Appointed as an Agent

245

(1)

Classes of Agents

246

(1)

General Agent

246

(1)

Special Agent

246

(1)

Creation of Agency

246

(2)

Agency by Agreement

246

(1)

Agency by Ratification

247

(1)

Agency by Necessity

247

(1)

Agency by Operation of Law

248

(1)

Authority of an Agent

248

(1)

Express or Implied Authority

248

(1)

Apparent Authority

248

(1)

Agent's Torts and Crimes

249

(1)

Duties of Agent to Principal

249

(1)

Duties of Principal to Agent

250

(1)

Duties of Principal and Third Party to Each Other

251

(1)

Duties of Agent and Third Party to Each Other

251

(1)

Disclosed Principal

251

(1)

Partially Disclosed Principal

251

(1)

Undisclosed Principal

252

(1)

Termination of Agency

252

(1)

Differences between Principal-Agent and Employer-Employee Relationships

253

(1)

Duties of Employer and Employee to Each Other

254

(1)

Independent Contractors

254

(2)

Chapter Summary

256

(1)

Chapter 17 Assessment

257

(7)

Matching Legal Terms

257

(1)

True/False Quiz

258

(1)

Discussion Questions

258

(1)

Thinking Critically about the Law

259

(1)

Case Questions

260

(1)

Case Analysis

261

(2)

Legal Research

263

(1)

Business Organizations

264

(15)

Organizational Forms

265

(1)

Sole Proprietorship

265

(1)

Advantages of a Sole Proprietorship

265

(1)

Disadvantages of a Sole Proprietorship

265

(1)

Partnership

266

(2)

Advantages of a Partnership

266

(1)

Disadvantages of a Partnership

267

(1)

Limited Partnership

267

(1)

Corporation

268

(3)

Advantages of a Corporation

269

(1)

Disadvantages of a Corporation

269

(1)

Subchapter S Corporation

269

(1)

Corporate Directors and Officers

269

(1)

Fiduciary Responsibility

270

(1)

Limited Liability Company

271

(1)

Advantages of a Limited Liability Company

271

(1)

Disadvantages of a Limited Liability Company

271

(1)

Other Organizational Forms

271

(1)

Chapter Summary

272

(1)

Chapter 18 Assessment

272

(7)

Matching Legal Terms

272

(1)

True/False Quiz

273

(1)

Discussion Questions

274

(1)

Thinking Critically about the Law

275

(1)

Case Questions

276

(1)

Case Analysis

277

(1)

Legal Research

278

(1)

PART FOUR COMMERCIAL PAPER

279

(34)

Introduction to Commercial Paper

280

(17)

Characteristics of Commercial Paper

281

(1)

Presumption of Consideration

281

(1)

Negotiability versus Assignability

281

(1)

Kinds of Commercial Paper

281

(2)

Promises to Pay

282

(1)

Orders to Pay

282

(1)

The Meaning of ``Pay to the Order of''

282

(1)

Parties to Commercial Paper

283

(1)

Essentials of Commercial Paper

283

(2)

It Must Be in Writing and Signed by the Maker or Drawer

283

(1)

It Must Contain an Unconditional Promise or Order to Pay a Definite Sum in Money

284

(1)

It Must Be Payable on Demand or at a Definite Time

284

(1)

It Must Be Payable to Order, to Bearer, or to Cash

284

(1)

A Draft or Check Must Name or Indicate the Drawee with Reasonable Certainty

284

(1)

Nonessentials of Commercial Paper

285

(4)

Checks

285

(1)

Relationship between Bank and Depositor

286

(1)

Payment of Checks

286

(1)

Certified Checks

286

(1)

Cashier's Checks

287

(1)

Traveler's Checks

287

(1)

Bad Checks

287

(1)

Forged and Raised Checks

288

(1)

Postdated Checks

288

(1)

Stopping Payment on Checks

289

(1)

Electronic Funds Transfer Systems

289

(1)

Applications of Electronic Funds Transfer Systems

289

(1)

The Electronic Funds Transfer Act

290

(1)

Chapter Summary

290

(1)

Chapter 19 Assessment

291

(6)

Matching Legal Terms

291

(1)

True/False Quiz

292

(1)

Discussion Questions

293

(1)

Thinking Critically about the Law

293

(1)

Case Questions

294

(1)

Case Analysis

295

(1)

Legal Research

296

(1)

Transfer and Discharge of Commercial Paper

297

(16)

The Ease of Transfer and Discharge

298

(1)

Indorsing Commercial Paper

298

(1)

Kinds of Indorsements

298

(2)

Blank Indorsement

299

(1)

Special Indorsement

299

(1)

Restrictive Indorsement

299

(1)

Qualified Indorsement

300

(1)

Obligations, Warranties, and Discharge of Indorsers

300

(1)

Holder in Due Course

301

(1)

Defenses against Payment of Commercial Paper

302

(3)

Personal Defenses

303

(1)

Real Defenses

304

(1)

Presentment of Commercial Paper

305

(1)

Dishonor of Commercial Paper

306

(1)

Chapter Summary

306

(1)

Chapter 20 Assessment

307

(6)

Matching Legal Terms

307

(1)

True/False Quiz

308

(1)

Discussion Questions

308

(1)

Thinking Critically about the Law

309

(1)

Case Questions

310

(1)

Case Analysis

311

(1)

Legal Research

312

(1)

PART FIVE PROPERTY

313

(62)

Real and Personal Property

314

(18)

Characteristics of Property

315

(1)

Distinction between Real and Personal Property

315

(1)

Real Property

315

(1)

Personal Property

315

(1)

Real Property Can Become Personal Property

315

(1)

Personal Property Can Become Real Property

315

(1)

Acquiring Title to Personal Property

316

(3)

Finding Lost Personal Property

316

(1)

Abandoned Property

317

(1)

Gifts

317

(2)

Accession

319

(1)

Ownership of Real or Personal Property

319

(1)

Severalty Ownership

319

(1)

Multiple Ownership

319

(1)

Real Property

320

(2)

Land

320

(1)

Buildings and Fixtures

321

(1)

Rights in Land Other Than Ownership

321

(1)

Ownership Interests in Real Property

322

(1)

Freehold Estates

322

(1)

Leasehold Estates

323

(1)

Transfer of Real Property

323

(1)

Types of Deeds

323

(1)

Delivery and Recording of Deeds

323

(1)

Other Transfers of Real Property

324

(1)

Chapter Summary

324

(1)

Chapter 21 Assessment

325

(7)

Matching Legal Terms

325

(1)

True/False Quiz

326

(1)

Discussion Questions

327

(1)

Thinking Critically about the Law

327

(1)

Case Questions

328

(1)

Case Analysis

329

(2)

Legal Research

331

(1)

Bailments

332

(14)

Bailment Defined

333

(1)

Characteristics of Bailments

333

(1)

Bailment Created by Possession of Goods

333

(1)

Bailee Must Intend to Possess Goods

334

(1)

Bailee Must Return Identical Goods

334

(1)

Kinds of Bailments and Care during Custody

334

(4)

Bailments for the Sole Benefit of the Bailee

335

(1)

Bailments for the Sole Benefit of the Bailor

335

(1)

Mutual-Benefit Bailments

335

(3)

Constructive Bailments

338

(1)

Chapter Summary

338

(1)

Chapter 22 Assessment

339

(7)

Matching Legal Terms

339

(1)

True/False Quiz

339

(1)

Discussion Questions

340

(1)

Thinking Critically about the Law

341

(1)

Case Questions

342

(1)

Case Analysis

343

(2)

Legal Research

345

(1)

Landlord-Tenant Relations

346

(15)

Renting a Residence

347

(1)

The Landlord-Tenant Relationship

347

(1)

The Difference between a Lease and a License

347

(1)

Essential Elements of the Landlord-Tenant Relationship

347

(1)

The Lease Is the Basis of the Relationship

347

(1)

Types of Tenant Interests in Real Property

348

(1)

Periodic Tenancy

348

(1)

Tenancy for Years

348

(1)

Tenancy at Will

349

(1)

Tenancy at Sufferance

349

(1)

Rights and Duties of the Parties

349

(4)

Landlord's Warranty of Habitability

349

(1)

Landlord's Right to Rent, to Regain Possession, and to Evict

350

(1)

Landlord's Right to Keep Fixtures and Permanent Improvements

350

(1)

Landlord's Duty to Mitigate Damages

350

(2)

Tenant's Right to Quiet Enjoyment

352

(1)

Tenant's Right to Acquire and Retain Possession

352

(1)

Tenant's Right to Assign or Sublease

352

(1)

Termination of Leases

353

(1)

Lease Expiration

353

(1)

Tenant's Abandonment

353

(1)

Termination by Forfeiture (Breach)

353

(1)

Tort Liability

353

(1)

Chapter Summary

354

(1)

Chapter 23 Assessment

355

(6)

Matching Legal Terms

355

(1)

True/False Quiz

356

(1)

Discussion Questions

356

(1)

Thinking Critically about the Law

357

(1)

Case Questions

358

(1)

Case Analysis

359

(1)

Legal Research

360

(1)

Wills, Intestacy, and Trusts

361

(14)

The Purpose of a Will

362

(1)

The Language of Wills

362

(1)

Types of Gifts under Wills

362

(1)

Requirements of a Valid Will

363

(2)

Requirement of Writing

363

(1)

Requirement of Witnesses

363

(1)

Testamentary Capacity

364

(1)

Undue Influence

364

(1)

Living Wills

364

(1)

Revoking and Revising Wills

365

(1)

Revisions

365

(1)

Revocations

365

(1)

Intestacy

365

(1)

Trusts

366

(2)

Types of Trusts

366

(1)

The Role of the Trustee

367

(1)

Chapter Summary

368

(1)

Chapter 24 Assessment

368

(7)

Matching Legal Terms

368

(1)

True/False Quiz

369

(1)

Discussion Questions

370

(1)

Thinking Critically about the Law

370

(1)

Case Questions

371

(1)

Case Analysis

372

(2)

Legal Research

374

(1)

PART SIX BUSINESS AND TECHNOLOGY

375

(50)

Intellectual Property

376

(16)

Intellectual Property Defined

377

(1)

Trade Secrets

377

(1)

Protecting Trade Secrets

377

(1)

Application of Trade Secret Law to Computer Software

378

(1)

Trademarks

379

(2)

How Trademarks Are Lost

380

(1)

Protecting a Trademark

380

(1)

Application of Trademark Law to Cyberspace

381

(1)

Domain Names

381

(1)

Copyrights

382

(1)

Fair Use

382

(1)

Application of Copyright Law to Software and Cyberspace

382

(1)

Patents

383

(1)

Application of Patent Law to Computer Hardware and Software

384

(1)

Design Patents

385

(1)

Chapter Summary

385

(1)

Chapter 25 Assessment

386

(6)

Matching Legal Terms

386

(1)

True/False Quiz

386

(1)

Discussion Questions

387

(1)

Thinking Critically about the Law

388

(1)

Case Questions

388

(1)

Case Analysis

389

(2)

Legal Research

391

(1)

Computer Privacy and Speech

392

(16)

Technology and Individual Liberty

393

(1)

Computer Privacy

393

(2)

394

(1)

Electronic Mail

394

(1)

Computer Crime

395

(1)

Computer Crime Legislation

396

(2)

The Electronic Communications Privacy Act

397

(1)

The Computer Fraud and Abuse Act

397

(1)

The Electronic Funds Transfer Act

397

(1)

General Criminal Law

398

(1)

Computer Gambling

398

(1)

Computer Speech

398

(3)

Harmful Speech

398

(1)

Liability of an Internet Service Provider

399

(1)

Obscenity

400

(1)

Spam

400

(1)

Chapter Summary

401

(1)

Chapter 26 Assessment

402

(6)

Matching Legal Terms

402

(1)

True/False Quiz

402

(1)

Discussion Questions

403

(1)

Thinking Critically about the Law

404

(1)

Case Questions

405

(1)

Case Analysis

405

(2)

Legal Research

407

(1)

Conducting Business in Cyberspace

408

(17)

Business and the Internet

409

(1)

Selling Securities on the Web

409

(2)

Securities Act of 1933

409

(1)

Securities and Exchange Act of 1934

409

(2)

Insider Trading

411

(1)

Advertising on the Web

411

(1)

Selling Entertainment on the Web

412

(1)

The Digital Millennium Copyright Act

412

(1)

Entering into Contracts on the Web

413

(2)

Accepting Offers on the Web

413

(1)

Contracts of Adhesion on the Web

413

(1)

Electronic Signatures

414

(1)

Settling Disputes in Cyberspace

415

(1)

Paying Taxes on Internet Sales

415

(1)

Taxing Internet Access Services

416

(1)

Chapter Summary

416

(1)

Chapter 27 Assessment

417

(8)

Matching Legal Terms

417

(1)

True/False Quiz

418

(1)

Discussion Questions

419

(1)

Thinking Critically about the Law

419

(1)

Case Questions

420

(1)

Case Analysis

421

(2)

Legal Research

423

(2)

PART SEVEN LEGAL ENVIRONMENT OF BUSINESS

425

(74)

Employment Law

426

(16)

The Employer-Employee Relationship

427

(2)

The Doctrine of Employment at Will

427

(1)

Employment Contracts

427

(1)

Employee Handbooks

428

(1)

Employee References

428

(1)

Worker Safety and Health

429

(2)

Workers' Compensation

429

(2)

Occupational Safety and Health Act

431

(1)

Discrimination in Employment

431

(3)

The Civil Rights Act of 1964

431

(1)

The Age Discrimination in Employment Act

432

(1)

The Pregnancy Discrimination Act

432

(1)

The Americans with Disabilities Act

432

(1)

The Civil Rights Act of 1991

433

(1)

Sexual Harassment

433

(1)

Labor Unions

434

(1)

Rights of Employees

434

(1)

Rights of the Union

434

(1)

Rights of the Employer

434

(1)

Chapter Summary

435

(1)

Chapter 28 Assessment

436

(6)

Matching Legal Terms

436

(1)

True/False Quiz

436

(1)

Discussion Questions

437

(1)

Thinking Critically about the Law

438

(1)

Case Questions

439

(1)

Case Analysis

440

(1)

Legal Research

441

(1)

Product Liability

442

(13)

Product Liability and Tort Law

443

(2)

Bases for Product Liability Injury Claims

443

(1)

Who Can Be Held Liable for Product-Related Injuries?

444

(1)

Strict Liability

445

(1)

Product Safety

445

(2)

Drugs

445

(1)

Consumer Products

446

(1)

Tobacco

447

(1)

Automobiles

447

(1)

Chapter Summary

447

(1)

Chapter 29 Assessment

448

(7)

Matching Legal Terms

448

(1)

True/False Quiz

449

(1)

Discussion Questions

450

(1)

Thinking Critically about the Law

451

(1)

Case Questions

451

(1)

Case Analysis

452

(2)

Legal Research

454

(1)

Professionals' Liability

455

(15)

Professionals

456

(1)

Malpractice

456

(1)

Elements of Malpractice

456

(1)

Liability for Professional Malpractice

457

(6)

Liability of Health Care Providers

457

(1)

Liability of Accountants

458

(1)

Liability of Financial Planners

459

(1)

Liability of Architects and Engineers

459

(1)

Liability of Attorneys

460

(2)

Liability of Insurance Agents and Brokers

462

(1)

Other Professionals' Liability

462

(1)

Reducing Professionals' Risk of Liability

463

(1)

Chapter Summary

463

(1)

Chapter 30 Assessment

464

(6)

Matching Legal Terms

464

(1)

True/False Quiz

464

(1)

Discussion Questions

465

(1)

Thinking Critically about the Law

466

(1)

Case Questions

467

(1)

Case Analysis

467

(2)

Legal Research

469

(1)

International Business Law

470

(14)

Global Business

471

(1)

What Is International Law?

471

(1)

Sources of International Law

471

(1)

Applying Other Countries' Laws---The Doctrine of Comity

472

(1)

International Trade Institutions

472

(1)

The World Trade Organization

472

(1)

The International Monetary Fund

472

(1)

The World Bank

473

(1)

Regional Trade Organizations and Agreements

473

(1)

The International Legal Environment

473

(3)

Trade Sanctions and Embargoes

474

(1)

Export and Import Controls

474

(1)

Government Actions

475

(1)

Boycotts

475

(1)

The Foreign Corrupt Practices Act

475

(1)

The Individual and International Law

476

(1)

Intellectual Property

476

(1)

Chapter Summary

477

(1)

Chapter 31 Assessment

478

(6)

Matching Legal Terms

478

(1)

True/False Quiz

479

(1)

Discussion Questions

479

(1)

Thinking Critically about the Law

480

(1)

Case Questions

481

(1)

Case Analysis

482

(1)

Legal Research

483

(1)

Business and the Environment

484

(15)

The Development of Environmental Protection

484

(2)

Government's Regulation over Itself

486

(1)

Government Regulation of Business

486

(1)

Major Federal Legislation Protecting the Environment

486

(2)

The Clean Air Act

487

(1)

The Clean Water Act

487

(1)

Superfund

487

(1)

Lawsuits by Private Citizens

488

(1)

Negligence

488

(1)

Nuisance

488

(1)

Trespass

489

(1)

Types of Pollution

489

(1)

Noise Pollution

489

(1)

Pesticide Control

489

(1)

Solid Waste Disposal

489

(1)

Toxic Substance Disposal

490

(1)

Natural Resource Conservation

490

(1)

Acid Rain

490

(1)

A Changing Global Environment

490

(1)

The Greenhouse Effect

490

(1)

Destruction of the Rain Forests

490

(1)

Destruction of the Ozone Layer

491

(1)

Other Environmental Issues

491

(1)

Biodiversity

491

(1)

Ocean Pollution

491

(1)

Space Pollution

491

(1)

Chapter Summary

492

(1)

Chapter 32 Assessment

492

(7)

Matching Legal Terms

492

(1)

True/False Quiz

493

(1)

Discussion Questions

494

(1)

Thinking Critically about the Law

495

(1)

Case Questions

495

(1)

Case Analysis

496

(2)

Legal Research

498

(1)

Glossary

499

(14)

Photo Credits

513

(2)

Index

515

Essentials of Business Law

9780073054278

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