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Exam (elaborations)

Instructor Solution Manual for Dynamic Business Law: The Essentials, 5th Edition – Nancy Kubasek

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This document provides the full Instructor Solution Manual for Dynamic Business Law: The Essentials, 5th Edition by Nancy Kubasek. It includes complete solutions, problem explanations, and case study answers that align with the textbook chapters. Topics covered include contracts, torts, business ethics, agency, employment law, and other core principles of business law. This manual is a verified academic resource, useful for instructors and as a study reference for students preparing for exams.

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Institution
Dynamic Business Law The Essentials
Course
Dynamic Business Law The Essentials











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Institution
Dynamic Business Law The Essentials
Course
Dynamic Business Law The Essentials

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Uploaded on
October 2, 2025
Number of pages
496
Written in
2025/2026
Type
Exam (elaborations)
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INSTRUCTOR MANUAL FOR
Dynamic Business Law The Essentials, 5th Edition, Nancy Kubasek
Chapter 1-25

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.




1-1
© @y2021 @yMcGraw-Hill @yEducation. @yAll @yrights @yreserved. @yNo @yreproduction @yor @ydistribution @ywithout @ythe @yprior
@ywritten @yconsent @yof @yMcGraw- @ y Hill @yEducation.

,For @yChapter @yOne, @yMcGraw-Hill @yoffers @ythe @yfollowing @ystories:

―Smoking @yBan: @ y Tobacco @yTyrants: @yGone @yToo @yFar? @yMany @yStates @yAre @yPutting @yStronger
@yRestrictions @yon @yWhere @yYou @yCan @ySmoke‖

 Have @ystates @ygone @ytoo @yfar @yin @ybanning @ysmoking?
 Whose @yinterests @yare @ystate @ylegislatures @ylooking @yout @yfor @yin @ybanning @ysmoking?

―College @yOfficer @yDealings @yWith @yLenders @yScrutinized.‖
 Should @yregulators @ytake @ya @ymore @ycareful @ylook @yat @ycollege @yofficers?
 Why @ycreated @ychanges @yin @ythe @yways @ycollege @yofficers @yinteract @ywith @ylenders?


b. What @yis @ybusiness @ylaw?
Business @ylaw @yconsists @yof @ythe @yenforceable @yrules @yof @yconduct @ythat @ygovern @ythe @yactions
@yof @ybuyers @yand @ysellers @yin @ymarket @yexchanges.




c. How @ydoes @ybusiness @ylaw @yrelate @yto @ybusiness @yeducation?
Business @ylaw @yapplies @yto @ythe @ysix @yfunctional @yareas @yof @ybusiness:
 Management
 Production @yand @ytransportation
 Marketing
 Research @yand @ydevelopment
 Accounting @yand @yfinance
 Human @yresource @ymanagement

d. What @yare @ythe @ypurposes @yof @ylaw?
 Providing @yorder
 Serving @yas @yan @yalternative @yto @yfighting
 Facilitating @ya @ysense @ythat @ychange @yis @ypossible
 Encouraging @ysocial @yjustice
 Guaranteeing @ypersonal @yfreedoms
 Serving @yas @ya @ymoral @yguide

e. What @yare @yalternative @yways @yto @yclassify @ylaw?
One @yway @yto @yclassify @ylaw:
Private @ylaw @yinvolves @ydisputes @ybetween @yprivate @yindividuals @yor @ygroups.
Public @ylaw @yinvolves @ydisputes @ybetween @yprivate @yindividuals @yor @ygroups @yand @ytheir @ygovernment.

A @ysecond @yway @yto @yclassify @ylaw:
Civil @ylaw @yis @ythe @ybody @yof @ylaws @ythat @ygovern @ythe @yrights @yand @yresponsibilities @yeither
@ybetween @ypersons @yor @ybetween @ypersons @yand @ytheir @ygovernment.

Criminal @ylaw @yis @ythe @ybody @yof @ylaws @ythat @yinvolve @ythe @yrights @yand @yresponsibilities @yan
@yindividual @yhas @ywith @yrespect @yto @ythe @ypublic @yas @ya @ywhole.




1-2
© @y2021 @yMcGraw-Hill @yEducation. @yAll @yrights @yreserved. @yNo @yreproduction @yor @ydistribution @ywithout @ythe @yprior
@ywritten @yconsent @yof @yMcGraw- @ y Hill @yEducation.

,Teaching @ytip: @ y Ask @ystudents @yto @ygive @yan @yexample @yof @ya @yfact @ysituation @ythat @yled @yto
@yboth @ycriminal @yand @ycivil @ylawsuits, @ye.g., @ythe @yO.J. @ySimpson @ytrials.




f. What @yare @ythe @ysources @yof @ylaw?
Sources @yof @ybusiness @ylaw @yare:
1. Constitutions
Constitutional @ylaw @yrefers @yto @ythe @ygeneral @ylimits @yand @ypowers @yof @ygovernments @yas
@ystated @yin @ytheir @ywritten @yconstitutions.

2. Statutes @yor @ylegislative @yactions
Statutes @yor @ylegislative @yactions @yrefer @yto @ythe @yassortment @yof @yrules @yand @yregulations @yput
@yforth @yby @ylegislatures.

3. Cases
Case @ylaw @y(or @ycommon @ylaw) @yis @ythe @ycollection @yof @ylegal @yinterpretations @ymade @yby
@yjudges. @yPrecedent @yis @ya @ytool @yused @yby @yjudges @yto @ymake @yrulings @yon @ycases @yon @ythe

@ybasis @yof @ykey @ysimilarities @yto @yprevious @ycases.

Stare @ydecisis @yis @ya @yprinciple @ystating @ythat @yrulings @ymade @yin @yhigher @ycourts @yare @ybinding
@yprecedent @yfor @ylower @ycourts.

Teaching @ytip: @ y The @yfirst @ytime @yyour @ystudents @yencounter @yan @yappellate @ycase @yin @ythe
@yreadings, @yshow @ythem @ywhat @ystare @ydecisis @ylooks @ylike @yin @ythe @ycontext @yof @ya @yreal

@ycase.

4. Administrative @ylaw
Administrative @ylaw @yis @ythe @ycollection @yof @yrules @yand @ydecisions @ymade @yby @yadministrative
@yagencies @yto @yfill @yin @yparticular @ydetails @ymissing @yfrom @yconstitutions @yand @ystatutes.

5. Treaties
A @ytreaty @yis @ya @ybinding @yagreement @ybetween @ytwo @ystates @yor @yinternational @yorganizations.
6. Executive @yorders
An @yexecutive @yorder @yis @ya @ydirective @ythat @ycomes @yfrom @ythe @ypresident @yor @ystate @ygovernor.

g. What @yare @ythe @yvarious @yschools @yof @ylegal @yinterpretation?
Some @yschools @yof @ylegal @yinterpretation @yinclude:
 Identification @ywith @ythe @yVulnerable— @yemphasis @yon @yfairness @yand @ylooking
@yout @yfor @ythose @ywith @ythe @yleast @ypower.

 Historical @ySchool/ @yTradition—emphasis @yon @ythe @yuse @yof @ytraditions @yand @ystare @ydecisis.
 Legal @yRealism—judges @yconsider @ycontext @ysuch @yas @ysocial @yand @yeconomic @yconditions.
 Cost-benefit @yAnalysis—emphasis @yis @yon @yassigning @ymonetary @yvalues @yto @ycosts
@yand @ybenefits @yof @ythe @ylaw @yin @yorder @yto @ymake @ycalculations @yto @ymaximize @ythe

@yratio @yof @ybenefits @yto @ycosts.



Teaching @ytip: @ y Consider @yusing @y―The @yCase @yof @ythe @ySpeluncean @yExplorers @y(link @ybelow)
@yto @ymake @ythe @yschools @yof @yjurisprudence @ycome @yalive.




h. Appendix @yon @yCritical @yThinking @yand @yBusiness @yLaw
Critical @ythinking @yincludes @ythe @yapplication @yof @yevaluative @ystandards @yto @yassess @ythe
@yquality @yor @ythe @yreasoning @ybeing @yoffered @yto @ysupport @ythe @yconclusion. @ y Critical @ythinkers

@ywill @yfollow @ythis @ypattern @yof @ycareful @ythinking @ywhen @ythey @yread @yan @yargument:

1. Find @ythe @yfacts.
2. Look @yfore @ythe @yissue.




1-3
© @y2021 @yMcGraw-Hill @yEducation. @yAll @yrights @yreserved. @yNo @yreproduction @yor @ydistribution @ywithout @ythe @yprior
@ywritten @yconsent @yof @yMcGraw- @ y Hill @yEducation.

, 3. Identify @ythe @yjudge‘s @yreasons @yand @yconclusion.
4. Locate @yin @ythe @ydecision @ythe @yrules @yof @ylaw @ythat @ygovern @ythe @yjudge‘s @yreasoning.
5. Apply @ycritical @ythinking @yto @ythe @yreasoning. @ y Evaluate @ythe @yreasoning.
 Look @yfor @ypotential @yambiguity.
 Consider @ythe @ystrength @yof @yanalogies.
 Check @ythe @yquality @yof @ythe @yjudge‘s @yreasoning.
 Decide @ywhether @yimportant @yinformation @yis @ymissing.
 Consider @ythe @ypossibility @yof @yrival @ycauses.


4. TEACHING @ y SKILLS: @ y BLOOM’S @ y TAXONOMY @ y SETS @ y THE
@ y STAGE @ y TO @yTHINK @yABOUT @yTHE @yKINDS @yOF @yQUESTIONS @yTO

@yASK @yYOUR @ySTUDENTS

Benjamin @yBloom, @yin @yhis @yTaxonomy @yof @yEducational @yObjectives,* @ydeveloped @ya
@yhierarchy @yof @ycognitive @yfunctions. @ y His @ywork @ysets @ythe @ystage @yfor @yteachers @yto

@yunderstand @ywhy @yit @yis @yimportant @yto @ythink @ycarefully @yabout @ythe @ykinds @yof @yquestions

@ythey @yask @yin @yclass.




The @yObjective Sample @yquestions
Knowledge  What @yis @ybusiness @ylaw?
Lowest @ylevel @yof @ylearning @yand @yis @ymostly  What @yare @ythe @yfour @yelements @yof @ya
@ymemory. @yThe @ystudent @yrecognizes @yand @ynegligence @yclaim?

@yrecalls @yinformation.

Comprehension  What @yis @yyour @yunderstanding @yof @ythe
Lowest @ylevel @yof @yunderstanding. @yThe @ystudent @yconcept @yof @ystare @ydecisis?

@yparaphrases @yor @yexplains @ysomething.  What @ydoes @yyour @ytextbook
@ymean @yby @ydeontology?


Application  How @ywould @ya @ynatural @ylaw @ythinker
@yrespond @yto @ythis @yparticular @yfact
Student @ydemonstrates @yher @yunderstanding @yof
@ypattern?
@yabstract @yrules, @yprinciples, @yor

@ygeneralizations @yby @yusing @ythem @yto @ysolve  Use @ya @yparticular @ycase @yrule @yto
@ylife-like @yproblems. @ydetermine

whether @ythe @yplaintiff @ywill @ybe
@ysuccessful @yin @yher @yclaim.

Analysis  Provide @ythe @yreasoning @yfor @ythe
Student @ybreaks @ydown @ya @ycommunication @yto @yfollowing @ystatement: @yAll @ycontracts

@ydiscover @ythe @yhidden @ystructure @yas @ywell @yas @ydo @ynot @yneed @yto @ybe @yin @ywriting @yto

@yassumptions. @ybe @yenforceable.


 Break @ydown @ya @yparticular @yjudge‘s
@yopinion @yto

understand @ythe @yassumptions @ythe @yjudge @yis
@ymaking.


Synthesis  Explain @yhow @ytwo @yparticular @yschools @yof
@ylegal @yinterpretation @yare @yrelated.
Student @ycreatively @ycombines @yelements @yand
@yparts @yto @yform @ya @ywhole @ynew @ystructure.  Make @ya @yconnection @ybetween @yduress
@yand @yinsanity.




1-4
© @y2021 @yMcGraw-Hill @yEducation. @yAll @yrights @yreserved. @yNo @yreproduction @yor @ydistribution @ywithout @ythe @yprior
@ywritten @yconsent @yof @yMcGraw- @ y Hill @yEducation.

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