Business Law with UCC Applications Student Edition

by Brown, Gordon

• ISBN13: 9780072960570
• ISBN10: 0072960574
• Edition: 11th
• Format: Hardcover
• Copyright: 2005-03-01
• Publisher: McGraw-Hill/Irwin

Summary

The 11th edition of Business Law with UCC applications presents an up-to-date teaching-learning system that is written in an easy-to-understand style and provides comprehensive information about all facets of business law. Material is presented in nine sections, which include relevant case studies featuring excerpts from the court's opinion. Content has been updated to reflect the many recent changes in the legal field and color photos throughout the text help students relate the material to their own lives.

Table of Contents

Preface	xi
Part One Ethics, Law, and the Judicial System	1	(120)
Ethics	2	(22)
Defining the Law, Morality, and Ethics	3	(3)
Ethical Theories	6	(7)
Social Responsibility in the Business Sector	13	(6)
The Relationship Between Law and Ethics	19	(5)
Sources of the Law	24	(22)
The Purpose and Operation of the Law	25	(5)
Constitutional Law	30	(6)
Statutory Law	36	(1)
Court Decisions	37	(3)
Administrative Regulations	40	(6)
The Judicial Process	46	(22)
The Court System	47	(7)
Civil Procedure	54	(8)
Criminal Procedure	62	(6)
Criminal Law	68	(22)
Definition and Classes of Crimes	69	(2)
Elements of a Crime	71	(3)
Specific Crimes	74	(4)
Cybercrimes	78	(4)
Defenses to Criminal Liability	82	(8)
Tort Law	90	(31)
Tort Law Defined	91	(1)
Intentional Torts	92	(7)
Negligence	99	(4)
Strict Liability	103	(1)
Cybertorts	104	(4)
Remedies for Torts	108	(1)
Tort Reform	109	(8)
Case Study: Planned Parenthood of Pennsylvania v. Casey	117	(4)
Part Two Contract Law	121	(158)
The Nature, Characteristics, and Status of Contracts	122	(12)
The Nature of Contracts	123	(3)
Contractual Characteristics	126	(8)
Offer and Acceptance	134	(18)
Requirements of an Offer	135	(3)
Acceptance of an Offer	138	(6)
Revocation of an Offer	144	(2)
Option Contracts and Firm Offers	146	(1)
Offer and Acceptance in Cybercontract Law	147	(5)
Mutual Assent and Defective Agreement	152	(16)
Mutual Assent	153	(1)
Fraud and Misrepresentation	154	(5)
Mistake	159	(1)
Duress and Undue Influence	160	(8)
Contractual Capacity	168	(16)
Minors' Rights and Obligations	169	(3)
Contractual Capacity of Minors	172	(6)
Persons with Mental Impairments and Persons Drugged or Intoxicated	178	(6)
Consideration	184	(16)
Requirements of Consideration	185	(2)
Types of Consideration	187	(2)
Problems with Consideration	189	(2)
Agreements Without Consideration	191	(9)
Legality	200	(20)
Agreements to Engage in Unlawful Activity	201	(6)
Agreements Contrary to Public Policy	207	(7)
Consequences of Illegality	214	(6)
Written Contracts	220	(22)
The Statute of Frauds	221	(8)
Legal Rules for Written Contracts	229	(4)
Formalities of Construction	233	(3)
Cybercommerce and the Requirement of a Writing	236	(6)
Third Parties in Contract Law	242	(16)
Contracts and Third Parties	243	(2)
The Law of Assignment	245	(4)
Assignment Rights, Duties, and Restrictions	249	(9)
Discharge and Remedies	258	(21)
Discharge by Performance	259	(5)
Discharge by Nonperformance	264	(4)
Remedies	268	(8)
Case Study: Wilcox v. Trautz	276	(3)
Part Three Sales and Consumer Protection	279	(86)
Sale and Lease of Goods	280	(18)
The Sale and Lease of Goods	280	(3)
Contract for Sale	283	(1)
Special Rules for Sales Contracts	284	(3)
Form of Sales Contracts	287	(4)
Auction Sales	291	(7)
Title and Risk of Loss in Sales of Goods	298	(12)
Void and Voidable Title	298	(2)
The Passage of Title and Risk of Loss	300	(5)
Sales with Right of Return	305	(1)
Insurable Interest	306	(4)
Performance and Breach of the Sales Contract	310	(16)
Obligations of the Parties	310	(2)
Tender of Performance	312	(2)
Buyer's Rights and Duties upon Delivery of Improper Goods	314	(2)
Seller's Right to Cure Improper Tender	316	(1)
Breach of Contract	317	(9)
Warranties and Product Liability	326	(18)
Warranty Protection	327	(6)
Exclusion of Warranties	333	(2)
Privity Not Required	335	(2)
Product Liability	337	(7)
Consumer Protection	344	(21)
Federal and State Consumer Protection Laws	344	(2)
Unfair or Deceptive Acts or Practices	346	(1)
The FTC Trade Regulation Rules	347	(6)
Consumer Product Safety Act	353	(1)
Consumer Leasing Act	354	(1)
Consumer Credit Laws	355	(7)
Case Study: Circuit City Stores, Inc. v. Commissioner of Revenue	362	(3)
Part Four Property	365	(104)
Personal Property	366	(18)
Personal Property	366	(5)
Intellectual Property	371	(13)
Bailments	384	(22)
Bailments of Personal Property	384	(2)
Principal Types of Bailments	386	(4)
Burden of Proof	390	(1)
Special Bailments	391	(15)
Real Property	406	(22)
The Nature of Real Property	406	(5)
Easements	411	(2)
Estates in Real Property	413	(1)
Co-ownership of Real Property	414	(5)
Methods of Acquiring Title to Real Property	419	(2)
Zoning Laws	421	(2)
Eminent Domain	423	(5)
Landlord and Tenant	428	(18)
The Landlord-Tenant Relationship	428	(1)
Leasing Versus Other Relationships	429	(1)
Types of Leasehold Interests	430	(2)
The Lease Agreement	432	(5)
Landlord's Duties	437	(2)
Tenant's Duties	439	(1)
Tort Liability	440	(1)
Eviction Proceedings	441	(5)
Wills, Trusts, and Estates	446	(23)
Sources and Relevance of Probate Law	446	(1)
Preliminary Matters and Probate Terminology	447	(1)
Dying with a Will	448	(7)
Dying without a Will	455	(2)
Simultaneous Death	457	(1)
Settling an Estate	458	(2)
Trusts	460	(6)
Case Study: Kapner v. Meadowlark Ranch	466	(3)
Part Five Negotiable Instruments	469	(70)
Purpose and Types of Negotiable Instruments	470	(16)
Purpose of Negotiable Instruments	470	(1)
Promise Instruments	471	(1)
Order Instruments	472	(6)
Parties to Negotiable Instruments	478	(1)
Requirements of Negotiable Instruments	479	(7)
Transferring Negotiable Instruments	486	(16)
Transferring Instruments	486	(2)
The Concept of Negotiability	488	(1)
Negotiation by Indorsement	488	(6)
Obligations of Indorsers	494	(2)
Multiple Payees, Missing and Forged Indorsements	496	(6)
Holders in Due Course, Defenses, and Liabilities	502	(14)
Holder in Due Course	502	(3)
Personal Defenses	505	(3)
Real Defenses	508	(3)
Liability of the Parties	511	(5)
Bank Deposits, Collections, and Depositor Relationships	516	(23)
Bank Deposits and Collections	516	(3)
Electronic Banking	519	(3)
The Bank-Depositor Relationship	522	(11)
Case Study: Triffin v. Dillabough and American Express	533	(6)
Part Six Insurance, Secured Transactions, and Bankruptcy	539	(60)
The Nature of the Insurance Contract	540	(20)
The Insurance Contract	540	(2)
Types of Insurance	542	(10)
Form of the Insurance Contract	552	(1)
Cancellation of Insurance Policies	553	(7)
Mortgages and Other Security Devices	560	(18)
Necessity of Security Devices	561	(1)
Real Property as Security	561	(8)
Personal Property as Security	569	(9)
Bankruptcy and Debt Adjustment	578	(21)
Bankruptcy's History	578	(2)
Ordinary Bankruptcy---Chapter 7, Bankruptcy Code	580	(6)
Reorganization---Chapter 11, Bankruptcy Code	586	(4)
Family Farmer Debt Adjustment---Chapter 12, Bankruptcy Code	590	(1)
Adjustment of Debts---Chapter 13, Bankruptcy Code	591	(5)
Case Study: In re: Lisa A. Bloch v. Windham Professionals, et al.	596	(3)
Part Seven Agency and Employment	599	(80)
The Principal and Agent Relationship	600	(20)
The Law of Agency	601	(9)
Principles of Agency	610	(2)
Creation of the Agency Relationship	612	(8)
Agency Operation	620	(16)
The Scope of the Agent's Authority	621	(3)
The Agent's Obligations to a Principal	624	(3)
The Principal's Obligations to the Agent	627	(2)
Termination of Agency	629	(7)
Employment Law	636	(26)
The Employment Relationship	637	(8)
Laws Regulating Employment Conditions	645	(3)
Worker Benefits	648	(4)
Equal Employment Opportunity	652	(10)
Labor-Management Relations Law	662	(17)
Labor Law and the Complex Adaptive System	663	(1)
Major Federal Labor Legislation	664	(8)
The Collective Bargaining Process	672	(5)
Case Study: Stephenson v. Litton Systems, Inc.	677	(2)
Part Eight Business Organization and Regulation	679	(80)
Sole Proprietorships and Partnerships	680	(18)
Sole Proprietorships	681	(1)
General Partnership Characteristics	682	(1)
Partnership Formation	683	(4)
Partnership Property Rights and Duties	687	(3)
Dissociation and Dissolution	690	(2)
Other Forms of Partnership Business	692	(6)
The Corporate Entity	698	(18)
The Corporation in the Complex Adaptive System	699	(1)
Types of Corporate Entities	700	(1)
Corporate Formation	701	(5)
Defective Incorporation	706	(1)
Piercing the Corporate Veil	707	(2)
Corporate Financing	709	(7)
Corporate Governance	716	(20)
Management of the Corporation	717	(1)
Issues in Corporate Governance	718	(9)
Governance Responsibilities	727	(4)
Shareholder Rights	731	(1)
Governance of a Limited Liability Company	732	(4)
Government Regulation of Corporate Business	736	(23)
Business and the Constitution	737	(2)
Securities Regulation	739	(2)
Antitrust Regulation	741	(3)
Regulation of Corporate Expansion	744	(4)
Other Forms of Regulation	748	(3)
The Government and Corporate Dissolution	751	(1)
Dissolution of a Limited Liability Company	752	(4)
Case Study: Gries Sports Enterprises, Inc. v. Cleveland Browns Football Co., Inc.	756	(3)
Part Nine Emerging Trends and Issues	759	(97)
Professional Liability	760	(24)
The Liability of Accountants	761	(9)
The Liability of Architects and Attorneys	770	(4)
The Liability of Health Care Providers	774	(4)
Hospital Liability	778	(6)
Substantive and Procedural Cyberlaw	784	(28)
The Basics of Cyberlaw	785	(2)
Cybercrimes	787	(4)
Cybertorts	791	(6)
Cybercontract Law	797	(1)
Cyberprocedure	798	(3)
Intellectual Property Rights and Cyberprotection Law	801	(11)
Alternative Dispute Resolution	812	(18)
A Primer on Alternative Dispute Resolution	813	(2)
ADR Techniques	815	(5)
Proactive ADR	820	(10)
International Law	830	(26)
International and National Standards	831	(3)
International Law and War	834	(6)
International Law and the United Nations	840	(4)
International Law, Finance, and Trade	844	(8)
Case Study: New York Times v. Tasini	852	(4)
Appendix A U.S. Constitution	856	(8)
Appendix B Uniform Commercial Code (Abridged)	864	(63)
Article 1: General Provisions	864	(5)
Article 2: Sales	869	(19)
Article 2A: Leases	888	(20)
Article 3: Negotiable Instruments	908	(19)
Glossary	927	(27)
Photo Credits	954	(1)
Case Index	955	(2)
Subject Index	957