Instructor Manual for Dynamic Business Law The Essentials 6e
By Kubasek
All Chapters (1-25) Q&A Verified |Grade A+ Assured
Isbn -13. 978-1266846694
~1~
, TABLE OF CONTENTS
Chapter 1 - An Introduction to Dynamic Business Law................................................. 3
Chapter 2 - Business Ethics ........................................................................................... 9
Chapter 3: The U.S. Legal System and Alternative Dispute Resolution ....................... 21
Chapter 4: Administrative Law ................................................................................... 40
Chapter 5: Constitutional Law..................................................................................... 50
Chapter 6: Criminal Law and Business ....................................................................... 66
CHAPTER 7: TORT LAW ............................................................................................... 77
Chapter 8: Real, Personal, and Intellectual Property.................................................. 93
Chapter 9: Introduction to Contracts and Agreement............................................... 110
Chapter 10: Consideration ........................................................................................ 127
Chapter 11: Capacity and Legality ............................................................................ 139
Chapter 12: Reality of Assent .................................................................................... 154
Chapter 13: Contracts in Writing and Third-Party Contracts ................................... 162
Chapter 14: Discharge and Remedies ....................................................................... 173
Chapter 15: Formation and Performance of Sales and Lease Contracts ................... 185
Chapter 16: Sales and Lease Contracts: Performance, Warranties, and Remedies ... 194
Chapter 17: Negotiable Instruments: Negotiability and Transferability .................. 206
Chapter 18: Holder in Due Course, Liability, and Defenses....................................... 219
Chapter 19: Secured Transactions and Bankruptcy ................................................. 229
Chapter 20: Agency and Liability to Third Parties .................................................... 240
Chapter 21 - Partnerships ......................................................................................... 251
Chapter 22: Corporations: Formation and Organization .......................................... 262
Chapter 23: Securities Regulation ............................................................................ 273
Chapter 24: Employment and Discrimination Law ................................................... 282
Chapter 25: Consumer Law ....................................................................................... 294
~2~
,Chapter 1 - An Introduction to Dynamic Business Law
CHAPTER OVERVIEW
Chapter One lays the foundation for the textbook. Make sure you look on the publisher‘s
web site for information about how business law intersects with the six functional areas
of business. The authors encourage students to ―connect to the core, and remember the
ways in which law intersects with other areas of study, including corporate
management, production and transportation, marketing, research and development,
accounting and finance, and human resource management.
This manual supports the ―connecting to the core theme by giving ideas for
assignments that encourage students to integrate their business law knowledge with
knowledge they are acquiring from their other business classes. The manual also
encourages professors to improve their teaching skills. Finally, the manual suggests
teaching ideas for both beginning and experienced teachers.
LEARNING OBJECTIVES
After reading this chapter, students will be able to:
1-1 Define business law.
1-2 Relate the functional areas of business to the relevant areas of business law 1-3
Recall the purposes of law.
1-4 Distinguish among types of law.
1-5 Differentiate between sources of the law.
1-6 Identify the various schools of jurisprudence.
LECTURE NOTES WITH DEFINITIONS
In the news… Teaching tip: For each chapter, consider asking students to relate current
news items to material from the chapter.
In addition to ideas students come up with on their own, consider weaving in news
stories provided by the McGraw Hill.
For Chapter One, McGraw Hill offers the following stories:
―Smoking Ban: Tobacco Tyrants: Gone Too Far? Many States Are Putting Stronger
Restrictions on Where You Can Smoke
~3~
, • Have states gone too far in banning smoking?
• Whose interests are state legislatures looking out for in banning smoking?
―College Officer Dealings With Lenders Scrutinized.
• Should regulators take a more careful look at college officers?
• Why created changes in the ways college officers interact with lenders?
1-1 Define business law. Business law consists of the enforceable rules of conduct
that govern commercial relationships.
1-2 Relate the functional areas of business to the relevant areas of business law.
Business law applies to the six functional areas of business:
• Corporate management
• Production and transportation
• Marketing
• Research and development
• Accounting and finance
• Human resource management
1-3 Recall the purposes of law. • Providing order
• Serving as an alternative to fighting
• Facilitating a sense that change is possible
• Encouraging social justice
• Guaranteeing personal freedoms
• Serving as a moral guide
1-4 Distinguish among types of law. One way to classify law:
Private law involves disputes between private individuals or groups.
Public law involves disputes between private individuals or groups and their
government.
A second way to classify law:
Civil law involves the rights and responsibilities involved in relationships between
persons and between persons and their government.
Criminal law involves incidents in which someone commits an act against the public as a
unit.
Teaching tip: Ask students to give an example of a fact situation that led to both criminal
and civil lawsuits, e.g., the O.J. Simpson trials.
~4~
By Kubasek
All Chapters (1-25) Q&A Verified |Grade A+ Assured
Isbn -13. 978-1266846694
~1~
, TABLE OF CONTENTS
Chapter 1 - An Introduction to Dynamic Business Law................................................. 3
Chapter 2 - Business Ethics ........................................................................................... 9
Chapter 3: The U.S. Legal System and Alternative Dispute Resolution ....................... 21
Chapter 4: Administrative Law ................................................................................... 40
Chapter 5: Constitutional Law..................................................................................... 50
Chapter 6: Criminal Law and Business ....................................................................... 66
CHAPTER 7: TORT LAW ............................................................................................... 77
Chapter 8: Real, Personal, and Intellectual Property.................................................. 93
Chapter 9: Introduction to Contracts and Agreement............................................... 110
Chapter 10: Consideration ........................................................................................ 127
Chapter 11: Capacity and Legality ............................................................................ 139
Chapter 12: Reality of Assent .................................................................................... 154
Chapter 13: Contracts in Writing and Third-Party Contracts ................................... 162
Chapter 14: Discharge and Remedies ....................................................................... 173
Chapter 15: Formation and Performance of Sales and Lease Contracts ................... 185
Chapter 16: Sales and Lease Contracts: Performance, Warranties, and Remedies ... 194
Chapter 17: Negotiable Instruments: Negotiability and Transferability .................. 206
Chapter 18: Holder in Due Course, Liability, and Defenses....................................... 219
Chapter 19: Secured Transactions and Bankruptcy ................................................. 229
Chapter 20: Agency and Liability to Third Parties .................................................... 240
Chapter 21 - Partnerships ......................................................................................... 251
Chapter 22: Corporations: Formation and Organization .......................................... 262
Chapter 23: Securities Regulation ............................................................................ 273
Chapter 24: Employment and Discrimination Law ................................................... 282
Chapter 25: Consumer Law ....................................................................................... 294
~2~
,Chapter 1 - An Introduction to Dynamic Business Law
CHAPTER OVERVIEW
Chapter One lays the foundation for the textbook. Make sure you look on the publisher‘s
web site for information about how business law intersects with the six functional areas
of business. The authors encourage students to ―connect to the core, and remember the
ways in which law intersects with other areas of study, including corporate
management, production and transportation, marketing, research and development,
accounting and finance, and human resource management.
This manual supports the ―connecting to the core theme by giving ideas for
assignments that encourage students to integrate their business law knowledge with
knowledge they are acquiring from their other business classes. The manual also
encourages professors to improve their teaching skills. Finally, the manual suggests
teaching ideas for both beginning and experienced teachers.
LEARNING OBJECTIVES
After reading this chapter, students will be able to:
1-1 Define business law.
1-2 Relate the functional areas of business to the relevant areas of business law 1-3
Recall the purposes of law.
1-4 Distinguish among types of law.
1-5 Differentiate between sources of the law.
1-6 Identify the various schools of jurisprudence.
LECTURE NOTES WITH DEFINITIONS
In the news… Teaching tip: For each chapter, consider asking students to relate current
news items to material from the chapter.
In addition to ideas students come up with on their own, consider weaving in news
stories provided by the McGraw Hill.
For Chapter One, McGraw Hill offers the following stories:
―Smoking Ban: Tobacco Tyrants: Gone Too Far? Many States Are Putting Stronger
Restrictions on Where You Can Smoke
~3~
, • Have states gone too far in banning smoking?
• Whose interests are state legislatures looking out for in banning smoking?
―College Officer Dealings With Lenders Scrutinized.
• Should regulators take a more careful look at college officers?
• Why created changes in the ways college officers interact with lenders?
1-1 Define business law. Business law consists of the enforceable rules of conduct
that govern commercial relationships.
1-2 Relate the functional areas of business to the relevant areas of business law.
Business law applies to the six functional areas of business:
• Corporate management
• Production and transportation
• Marketing
• Research and development
• Accounting and finance
• Human resource management
1-3 Recall the purposes of law. • Providing order
• Serving as an alternative to fighting
• Facilitating a sense that change is possible
• Encouraging social justice
• Guaranteeing personal freedoms
• Serving as a moral guide
1-4 Distinguish among types of law. One way to classify law:
Private law involves disputes between private individuals or groups.
Public law involves disputes between private individuals or groups and their
government.
A second way to classify law:
Civil law involves the rights and responsibilities involved in relationships between
persons and between persons and their government.
Criminal law involves incidents in which someone commits an act against the public as a
unit.
Teaching tip: Ask students to give an example of a fact situation that led to both criminal
and civil lawsuits, e.g., the O.J. Simpson trials.
~4~
