The Legal and E-Commerce Environment of Business | p. 1 |
Sources of Business Law and the Global Legal Environment | p. 2 |
The Nature of Law | p. 2 |
The Common Law Tradition | p. 3 |
Sources of American Law | p. 5 |
Classifications of Law | p. 7 |
The Constitution As It Affects Business | p. 10 |
Finding and Analyzing the Law | p. 17 |
Reading and Understanding Case Law | p. 20 |
Accessing the Internet: Sources of Business Law and the Global Legal Environment | p. 28 |
Courts and Procedures | p. 30 |
The Judiciary's Role in American Government | p. 31 |
Basic Judicial Requirements | p. 31 |
The State and Federal Courts Systems | p. 35 |
Following a State Court Case | p. 39 |
Alternative Dispute Resolution | p. 44 |
Accessing the Internet: Courts and Procedures | p. 53 |
E-Commerce and Dispute Resolution | p. 54 |
Jurisdiction in Cyberspace | p. 55 |
E-Commerce Disputes | p. 56 |
Online Resolution of Domain Name Disputes | p. 56 |
World Intellectual Property Organization Arbitration and Mediation Center | p. 61 |
Online Resolution of Other Disputes | p. 62 |
The Future of E-Commerce Dispute Resolution | p. 65 |
Accessing the Internet: E-Commerce and Dispute Resolution | p. 69 |
Ethics and Social Responsibility | p. 71 |
The Nature of Business Ethics | p. 72 |
Sources of Ethical Standards | p. 72 |
Ethical Decision Making | p. 74 |
Corporate Social Responsibility | p. 75 |
Ethics in the Global Context | p. 81 |
Accessing the Internet: Ethics and Social Responsibility | p. 86 |
Focus on Legal Reasoning: National Endowment for the Arts v. Finley | p. 87 |
Torts, Crimes, and Cyberlaw | p. 89 |
Torts | p. 90 |
The Basis of Tort Law | p. 91 |
Intentional Torts against Persons | p. 91 |
Intentional Torts against Property | p. 97 |
Unintentional Torts (Negligence) | p. 98 |
Strict Liability | p. 104 |
Accessing the Internet: Torts | p. 107 |
Business Torts, Intellectual Property, and Cyberlaw | p. 108 |
Business Torts | p. 109 |
Intellectual Property Protection | p. 112 |
Virtual Property | p. 119 |
RICO | p. 124 |
Accessing the Internet: Business Torts, Intellectual Property, and Cyberlaw | p. 127 |
Criminal Law | p. 129 |
Civil Law and Criminal Law | p. 130 |
Classification of Crimes | p. 130 |
Criminal Liability | p. 131 |
Corporate Criminal Liability | p. 133 |
Crimes Affecting Business | p. 134 |
White-Collar Crimes | p. 135 |
Defenses to Criminal Liability | p. 138 |
Constitutional Safeguards and Criminal Procedures | p. 141 |
Criminal Process | p. 143 |
Accessing the Internet: Criminal Law | p. 149 |
Focus on Legal Reasoning: Merrill v. Navegar, Inc. | p. 151 |
Contracts | p. 153 |
Nature and Classification | p. 154 |
The Function of Contracts | p. 155 |
Definition of a Contract | p. 155 |
Requirements of a Contract | p. 155 |
Freedom of Contract and Freedom from Contract | p. 156 |
Types of Contracts | p. 156 |
Interpretation of Contracts | p. 160 |
Accessing the Internet: Nature and Classification | p. 164 |
Agreement and Consideration | p. 165 |
Agreement | p. 165 |
Consideration and Its Requirements | p. 175 |
Accessing the Internet: Agreement and Consideration | p. 182 |
Capacity and Legality | p. 183 |
Contractual Capacity | p. 184 |
Legality | p. 187 |
Accessing the Internet: Capacity and Legality | p. 196 |
Assent and Form | p. 197 |
Genuineness of Assent | p. 198 |
The Statute of Frauds--Requirement of a Writing | p. 203 |
The Statute of Frauds--Sufficiency of the Writing | p. 207 |
The Parole Evidence Rule | p. 208 |
Accessing the Internet: Assent and Form | p. 211 |
Third Party Rights and Discharge | p. 213 |
Assignments and Delegations | p. 214 |
Third Party Beneficiaries | p. 218 |
Contract Discharge | p. 220 |
Accessing the Internet: Third Party Rights and Discharge | p. 229 |
Breach and Remedies | p. 230 |
Damages | p. 231 |
Rescission and Restitution | p. 234 |
Specific Performance | p. 234 |
Reformation | p. 235 |
Recovery Based on Quasi Contract | p. 235 |
Election of Remedies | p. 236 |
Provisions Limiting Remedies | p. 237 |
Accessing the Internet: Breaches and Remedies | p. 241 |
Focus on Legal Reasoning: Demasse v. ITT Corp. | p. 242 |
Sales, Lease, and E-Commerce Contracts | p. 245 |
The Formation of Sales and Lease Contracts | p. 246 |
The Scope of the UCC | p. 247 |
The Scope of Article 2--Sales | p. 247 |
The Scope of Article 2A--Leases | p. 249 |
The Formation of Sales and Lease Contracts | p. 250 |
Contracts for the International Sale of Goods | p. 260 |
Accessing the Internet: The Formation of Sales and Lease Contracts | p. 264 |
Title and Risk of Loss | p. 269 |
Identification | p. 270 |
Passage of Title | p. 270 |
Risk of Loss | p. 273 |
Insurable Interest | p. 278 |
Bulk Transfers | p. 278 |
Accessing the Internet: Title and Risk of Loss | p. 282 |
Performance and Breach of Sales and Lease Contracts | p. 283 |
Performance Obligations | p. 284 |
Obligations of the Seller or Lessor | p. 284 |
Obligations of the Buyer or Lessee | p. 288 |
Anticipatory Repudiation | p. 289 |
Remedies of the Seller or Lessor | p. 290 |
Remedies of the Buyer or Lessee | p. 292 |
Statute of Limitations | p. 295 |
Limitation of Remedies | p. 295 |
Accessing the Internet: Performance and Breach of Sales and Lease Contracts | p. 300 |
Warranties and Product Liability | p. 301 |
Warranties | p. 302 |
Lemon Laws | p. 309 |
Product Liability | p. 309 |
Strict Product Liability | p. 310 |
Restatement (Third) of Torts: Products Liability | p. 312 |
Defenses to Product Liability | p. 314 |
Accessing the Internet: Warranties and Product Liability | p. 319 |
E-Contracts | p. 320 |
Shrink-Wrap Agreements | p. 321 |
Click-On Agreements | p. 323 |
E-Signatures | p. 324 |
E-Agents | p. 326 |
The Uniform Computer Information Transactions Act | p. 328 |
The Uniform Electronic Transactions Act | p. 333 |
The NCCUSL's Web Site | p. 333 |
Accessing the Internet: E-Contracts | p. 337 |
Focus on Legal Reasoning: Lickley v. Max Herbold, Inc. | p. 336 |
Negotiable Instruments | p. 341 |
Negotiability, Transferability, and Liability | p. 342 |
Article 3 of the UCC | p. 343 |
Types of Instruments | p. 343 |
Requirements for Negotiability | p. 345 |
Transfer of Instruments | p. 347 |
Holder in Due Course (HDC) | p. 348 |
Holder through an HDC | p. 351 |
Signature Liability | p. 351 |
Warranty Liability | p. 354 |
Defenses to Liability | p. 355 |
Discharge from Liability | p. 358 |
Accessing the Internet: Negotiability, Transferability, and Liability | p. 363 |
Checks, Banking, and Cyberbanking | p. 364 |
Checks | p. 365 |
The Bank-Customer Relationship | p. 367 |
Bank's Duty to Honor Checks | p. 368 |
Bank's Duty to Accept Deposits | p. 373 |
Electronic Fund Transfers | p. 376 |
Cyberbanking | p. 379 |
Accessing the Internet: Checks, Banking, and Cyberbanking | p. 385 |
Focus on Legal Reasoning: Kolski v. Kolski | p. 384 |
Debtor-Creditor Relationships | p. 389 |
Secured Transactions | p. 390 |
The Terminology of Secured Transactions | p. 391 |
Creating and Perfecting a Security Interest | p. 391 |
The Scope of a Security Interest | p. 398 |
Priorities among Security Interests | p. 399 |
Rights and Duties of Debtors and Creditors | p. 401 |
Default | p. 401 |
Revised Article 9 | p. 405 |
Accessing the Internet: Secured Transactions | p. 411 |
Creditors' Rights and Bankruptcy | p. 412 |
Laws Assisting Creditors | p. 413 |
Laws Assisting Debtors | p. 417 |
Bankruptcy and Reorganization | p. 417 |
Chapter 7--Liquidation | p. 418 |
Chapter 11--Reorganization | p. 426 |
Chapter 13--Repayment Plan | p. 428 |
Chapter 12--Family-Farmer Plan | p. 430 |
Accessing the Internet: Creditors' Rights and Bankruptcy | p. 434 |
Focus on Legal Reasoning: Grupo Mexicano de Desarrollo, S. A. v. Alliance Bond Fund, Inc. | p. 435 |
Employment Relations | p. 437 |
Agency Relationships | p. 438 |
Agency Relationships | p. 439 |
Agency Formation | p. 441 |
Duties of Agents and Principals | p. 443 |
Agent's Authority | p. 445 |
Liability in Agency Relationships | p. 448 |
Agency Termination | p. 450 |
Accessing the Internet: Agency Relationships | p. 455 |
Employment Law | p. 457 |
Wage-Hour Laws | p. 458 |
Labor Unions | p. 458 |
Worker Health and Safety | p. 460 |
Income Security | p. 462 |
COBRA | p. 463 |
Family and Medical Leave | p. 463 |
Wrongful Discharge | p. 463 |
Whistleblower Statutes | p. 465 |
Employment Discrimination | p. 465 |
Discrimination Based on Age | p. 470 |
Discrimination Based on Disability | p. 471 |
Defenses to Employment Discrimination | p. 472 |
Affirmative Action | p. 473 |
State Statutes | p. 473 |
Accessing the Internet: Employment Law | p. 478 |
Focus on Legal Reasoning Babick v. Oregon Arena Corp. | p. 479 |
Business Organizations | p. 481 |
Sole Proprietorships, Partnerships, and Limited Liability Corporations and Partnerships | p. 482 |
Sole Proprietorships | p. 483 |
The Law Governing Partnerships | p. 483 |
Limited Partnerships | p. 494 |
Limited Liability Companies | p. 498 |
Limited Liability Partnerships | p. 499 |
Limited Liability Limited Partnerships | p. 500 |
Major Business Forms Compared | p. 500 |
Special Business Forms | p. 500 |
Accessing the Internet: Sole Proprietorships, Partnerships, and Limited Liability Corporations and Partnerships | p. 506 |
Corporate Formation, Financing, and Termination | p. 507 |
The Nature of the Corporation | p. 508 |
Corporate Powers | p. 510 |
Classification of Corporations | p. 511 |
Corporate Formation | p. 513 |
Corporate Status | p. 517 |
Corporate Financing | p. 519 |
Merger and Consolidation | p. 523 |
Purchase of Assets | p. 525 |
Purchase of Stock | p. 526 |
Termination | p. 526 |
Accessing the Internet: Corporate Formation, Financing, and Termination | p. 533 |
Corporate Directors, Officers, and Shareholders | p. 534 |
Role of Directors | p. 535 |
Role of Corporate Officers and Executives | p. 536 |
Duties of Directors and Officers | p. 537 |
Liability of Directors and Officers | p. 539 |
Role of Shareholders | p. 539 |
Rights of Shareholders | p. 542 |
Liability of Shareholders | p. 546 |
Duties of Majority Shareholders | p. 546 |
Accessing the Internet: Corporate Directors, Officers, and Shareholders | p. 550 |
Investor Protection | p. 551 |
Securities Act of 1933 | p. 552 |
Securities Exchange Act of 1934 | p. 556 |
The Expanded Powers of the SEC | p. 563 |
The Regulation of Investment Companies | p. 564 |
State Securities Laws | p. 564 |
Accessing the Internet: Investor Protection | p. 568 |
Focus on Legal Reasoning Longman v. Food Lion, Inc. | p. 582 |
Property and Its Protection | p. 571 |
Personal Property and Bailments | p. 572 |
Property Ownership | p. 573 |
Acquiring Ownership of Personal Property | p. 573 |
Mislaid, Lost, and Abandoned Property | p. 576 |
Bailments | p. 577 |
Accessing the Internet: Personal Property and Bailments | p. 587 |
Real Property | p. 588 |
The Nature of Real Property | p. 589 |
The Ownership of Real Property | p. 590 |
Transfer of Ownership | p. 593 |
Leasehold Estates | p. 596 |
Landlord-Tenant Relationships | p. 597 |
Accessing the Internet: Real Property | p. 604 |
Insurance, Wills, and Trusts | p. 605 |
Insurance | p. 606 |
Wills | p. 610 |
Trusts | p. 616 |
Accessing the Internet: Insurance, Wills, and Trusts | p. 623 |
Focus on Legal Reasoning City of Monterey v. Del Monte Dunes at Monterey, Ltd. | p. 624 |
Special Topics | p. 627 |
Professional Liability | p. 628 |
Potential Common Law Liability to Clients | p. 629 |
Auditors' Liability to Third Parties | p. 632 |
Liability of Attorneys to Third Parties | p. 633 |
Potential Statutory Liability of Accountants | p. 633 |
Potential Criminal Liability | p. 637 |
Working Papers | p. 638 |
Confidentiality and Privilege | p. 638 |
Limiting Professionals' Liability | p. 638 |
Accessing the Internet: Professional Liability | p. 643 |
Focus on Legal Reasoning Marcus Brothers Textiles, Inc. v. Price Waterhouse, LLP | p. 644 |
Appendixes | |
How to Brief Cases and Analyze Case Problems | p. 646 |
The Constitution of the United States | p. 649 |
The Uniform Commercial Code (Excerpts) | p. 657 |
Spanish Equivalents for Important Legal Terms in English | p. 786 |
Glossary | p. 1 |
Table of Cases | p. 1 |
Index | p. 1 |
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