SOLUTION MANUAL Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, All Chapters 1-25),  

SOLUTION MANUAL
Dynamic Business Law: The Essentials,
5th Edition Kubasek, Browne, All Chapters 1-25),

,TABLE OF CONTENTS
vc vc vc




PART vc1: vcThe vcLegal vcEnvironment vcof vcBusiness vc
C vch. vc1 vcAn vcIntroduction vcto vcthe vcFundamentals vcof vcDynamic vcBusiness vcLaw vc
Ch. vc2 vcBusiness vcEthics vcand vcSocial vcResponsibility vc
Ch. vc3 vcThe vcU.S. vcLegal vcSystem vcand vcAlternative vcDispute vcResolution vc
Ch. vc4 vcAdministrative vcLaw vc
Ch. vc5 vcConstitutional vcLaw vc
Ch. vc6 vcCriminal vcLaw vcand vcBusiness vc
Ch. vc7 vcTort vcLaw vc
Ch. vc8 vcReal, vcPersonal, vcand vcIntellectual vcProperty vc


PART vc2: vcContract vcLaw vc
Ch. vc9 vcIntroduction vcto vcContracts vcand vcAgreement vc
Ch. vc10 vcConsideration vc
Ch. vc11 vcCapacity vcand vcLegality vc
Ch. vc12 vcReality vcof vcAssent vc
Ch. vc13 vcContracts vcin vcWriting vcand vcThird-Party vcContracts vc
Ch. vc14 vcDischarge vcand vcRemedies vc


Part vc3: vcDomestic vcand vcInternational vcSales vcLaw vc
Ch. vc15 vcFormation vcand vcPerformance vcof vcSales vcand vcLease vcContracts vc
Ch. vc16 vcSales vcand vcLease vcContracts: vcPerformance, vcWarranties, vcand vcRemedies vc


PART vc4: vcNegotiable vcInstruments vcand vcBanking vc
Ch. vc17 vcNegotiable vcInstruments: vcNegotiability vcand vcTransferability vc
Ch. vc18 vcHolder vcin vcDue vcCourse, vcLiability, vcand vcDefenses vc

,PART vc5: vcCreditors' vcRights vcand vcBankruptcy vc
Ch. vc19 vcSecured vcTransactions vcand vcBankruptcy vc


PART vc6: vcAgency vc
Ch. vc20 vcAgency vcand vcLiability vcto vcThird vcParties vc


PART vc7: vcBusiness vcOrganizations vc
Ch. vc21 vcForms vcof vcBusiness vcOrganization vc
Ch. vc22 vcCorporations: vcFormation vcand vcOrganization vc
Ch. vc23 vcSecurities vcRegulation vc


PART vc8: vcGovernment vcRegulation vc
Ch. vc24 vcEmployment vcand vcDiscrimination vcLaw vc
Ch. vc25 vcConsumer vcLaw vc

, Chapter 1 - An Introduction to Dynamic Business Law
vc vc vc vc vc vc vc vc




CHAPTER vcOVERVIEW
Chapter vcOne vclays vcthe vcfoundation vcfor vcthe vctextbook. vcMake vcsure vcyou vclook vcon vcthe vcpublisher‘s
vcweb vcsite vcfor vcinformation vcabout vchow vcbusiness vclaw vcintersects vcwith vcthe vcsix vcfunctional vcareas vcof

vcbusiness. vcThe vcauthors vcencourage vcstudents vcto vc―connect vcto vcthe vccore,‖ vcand vcremember vcthe

vcways vcin vcwhich vclaw vcintersects vcwith vcother vcareas vcof vcstudy, vcincluding vccorporate vcmanagement,

vcproduction vcand vctransportation, vcmarketing, vcresearch vcand vcdevelopment, vcaccounting vcand vcfinance,

vcand vchuman vcresource vcmanagement.



This vc manual v c supports vc the vc ―connecting vc to vc the vc core‖ vc theme v c by v c giving vc ideas vc for
vc assignments v c that vc encourage vcstudents vcto vcintegrate vctheir vcbusiness vclaw vcknowledge vcwith

vcknowledge vcthey vcare vcacquiring vcfrom vctheir vcother vcbusiness vcclasses. vcThe vcmanual vcalso vcencourages

vcprofessors vcto vcimprove vctheir vcteaching vcskills. vcFinally, vcthe vcmanual vcsuggests vcteaching vcideas vcfor

vcboth vcbeginning vcand vcexperienced vcteachers.




LEARNING vcOBJECTIVES
After vcreading vcthis vcchapter, vcstudents vcwill vcbe vcable vcto:


1-1 Define vcbusiness vclaw.
1-2 Relate vcthe vcfunctional vcareas vcof vcbusiness vcto vcthe vcrelevant vcareas vcof
vcbusiness vclawv1
c -3 vcRecall vcthe vcpurposes vcof vclaw.

1-4 Distinguish vcamong vctypes vcof vclaw.
1-5 Differentiate vcbetween vcsources vcof vcthe vclaw.
1-6 Identify vcthe vcvarious vcschools vcof vcjurisprudence.


LECTURE vcNOTES vcWITH vcDEFINITIONS
In vcthe vcnews… Teaching vctip: vcFor vceach vcchapter, vcconsider vcasking vcstudents vcto vcrelate
vc current vc newsvictems vcto vcmaterial vcfrom vcthe vcchapter.


In v c addition v c to v c ideas v c students v c come v c up v c with v c on v c their v c own,
v c consider v c weaving v c invnc ews vcstories vcprovided vcby vcthe vcMcGraw vcHill.


For vcChapter vcOne, vcMcGraw vcHill vcoffers vcthe vcfollowing vcstories:

―Smoking vcBan: vcTobacco vcTyrants: vcGone vcToo vcFar? vcMany vcStates vcAre
vcPuttingvS
c tronger vcRestrictions vcon vcWhere vcYou vcCan vcSmoke‖

 Have vcstates vcgone vctoo vcfar vcin vcbanning vcsmoking?