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Test Bank for Dynamic Business Law: The Essentials 5th Edition by Nancy K. Kubasek, M. Neil Browne, Daniel J. Herron isbn 978-1264076727

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Test Bank for Dynamic Business Law: The Essentials 5th Edition by Nancy K. Kubasek, M. Neil Browne, Daniel J. Herron isbn 978-1264076727

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1-1
© 2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-
Hill Education.

, 1-2
© 2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-
Hill Education.

, 1-3
© 2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-
Hill Education.

, Test Bank for Dynamic Business Law: The Essentials 5th Edition by Nancy K.
Kubasek, M. Neil Browne, Daniel J. Herron isbn 978-1264076727



Chapter 1: An Introduction to the Fundamentals of Dynamic Business Law and
Business Ethics

1. CHAPTER OVERVIEW

Chapter 1 lays the foundation for the textbook. The textbook emphasizes ways in which business
law intersects with the six functional areas of business. Throughout the textbook, the authors will
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.

2. LEARNING OBJECTIVES
After reading this chapter, students will be able to answer the following questions:

1. What is business law?
2. How does business law relate to business education?
3. What are the purposes of law?
4. What are alternative ways to classify law?
5. What are the sources of law?
6. What are the various schools of jurisprudence?

3. LECTURE NOTES WITH DEFINITIONS

a. 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. Stories are available via a McGraw-Hill DVD, and on the
publisher‘s web site.




1-4
© 2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-
Hill Education.

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