SOLUTION & ANSWER GUIDE Business Law Today - The Essentials Text & Summarized Cases, Cengage, 13th edition, Roger LeRoy Miller,Chapters 1 - 25 with Correct Answers

SOLUTION & ANSWER GUIDE
Business Law Today - The Essentials Text &
Summarized Cases, Cengage, 13th edition,
Roger LeRoy Miller, Chapters 1 - 25, Complete

,CHAPTER 1: Legal and Constitutional Foundations of Business
—Appendix to Chapter 1: Finding and Analyzing the Law
CHAPTER 2: Courts and Alternative Dispute Resolution
CHAPTER 3: Ethics in Business
—Appendix to Chapter 3: Code of Ethics Example
CHAPTER 4: Tort Law
CHAPTER 5: Intellectual Property Rights
CHAPTER 6: Internet Law, Social Media, and Privacy
CHAPTER 7: Criminal Law and Cyber Crime
CHAPTER 8: Agreement and Consideration in Contracts
CHAPTER 9: Capacity, Legality, and Enforceability
CHAPTER 10: Contract Performance, Breach, and Remedies
CHAPTER 11: Sales and Lease Contracts
CHAPTER 12: Performance and Breach in Sales and Lease Contracts
CHAPTER 13: Negotiable Instruments
CHAPTER 14: Banking
CHAPTER 15: Creditors’ Rights and Bankruptcy
CHAPTER 16: Agency Relationships in Business
CHAPTER 17: Employment Law
CHAPTER 18: The Entrepreneur’s Options

,CHAPTER 19: Corporations
CHAPTER 20: Investor Protection, Insider Trading, and Corporate
Governance
CHAPTER 21: Antitrust Law and Promoting Competition
CHAPTER 22: Consumer Law
CHAPTER 23: Personal Property, Bailments, and Insurance
CHAPTER 24: Real Property and Environmental Law
CHAPTER 25: International and Space Law

, SolutionandAnswer Guide i i i

Miller, iBusiness iLaw iToday, iThe iEssentials iText i& iSummarized iCases i13e,
i9780357635346;iChapter i01: iLegal iand iConstitutional iFoundations iof iBusiness



Table iof iContents
Critical iThinking iQuestions iin iFeatures ....................................................................................................... 1
Adapting ithe iLaw ito ithe iOnline iEnvironment ........................................................................................ 1
Critical iThinking iQuestions iin iCases ............................................................................................................ 2
Case i1.1..................................................................................................................................................... 2
Case i1.2..................................................................................................................................................... 3
Case i1.3..................................................................................................................................................... 3
Chapter iReview............................................................................................................................................. 4
Practice iand iReview ................................................................................................................................. 4
Practice iand iReview: iDebate iThis ........................................................................................................... 5
Issue iSpotters ........................................................................................................................................... 5
Business iScenarios iand iCase iProblems ................................................................................................... 5
Critical iThinking iand iWriting iAssignments ............................................................................................ 10
Critical iThinking iQuestions iin iAppendix iExhibit i1A–3 .............................................................................. 11
Exhibit i1A–3 ............................................................................................................................................ 11



Critical iThinking iQuestions iin iFeatures
Adapting ithe iLaw ito ithe iOnline iEnvironment
1. One iobserver ihas isaid ithat ithe iAmerican ilegal isystem ishould ievaluate isocial imedia icompanies
ibased ion ihow i―they iaffect ius ias icitizens, inot ionly i[on ihow] ithey iaffect ius ias iconsumers.‖ iWhat iis
iyour iopinion iof ithis istatement?

Solution
The iperson iwho imade ithis istatement iclearly isees ia i―citizen‖ ias ihaving idifferent imotivations iand
iconcerns ithan ia i―consumer.‖ iPresumably, ia icitizen iis i mostly iconcerned iwith ithe igood iof isociety ias ia
iwhole, iand itherefore iwould ibe iopen ito ithe iidea iof igovernment iregulation ithat irestricted
itheinegative iinfluence iof isocial imedia, iregardless iof ithe iFirst iAmendment. iA iconsumer, iby icontrast,
iwould ibe iprimarily iconcerned iwith ihaving ia imarketplace ithat ioffers ithe iwidest ipossible ivarieties iof
ifreedom i(of ichoice, iof ispeech, ietc.) iand iwould ifor ithat ireason ibe iopposed ito igovernment
iregulation iof isocial imedia. iThere iis, ihowever, ian iargument ito ibe imade ithat ithe icitizens ithat imake
iup ia isociety ibenefit iwhen ithe imarketplace iof iideas—whether ithey iare isubjectively
―positive‖ ior i―negative‖—is iallowed ito iflourish iin ithe iabsence iof igovernment iregulation.

2. Tim iCook, iApple‘s ichief ioperating iofficer, ihas isuggested ithat ithe iUnited iStates iCongress ishouldipass
ia ilaw ilimiting ithe iability iof iApple iand iother itech icountries ito ikeep iconsumer idata iprivate. iWhy
iwould ia ibusiness iexecutive imake isuch ia irequest?