PART 1: The Legal Environment of Business
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C h. 1 An Introduction to the Fundamentals of Dynamic Business Law
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Ch. 2 Business Ethics and Social Responsibility
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Ch. 3 The U.S. Legal System and Alternative Dispute Resolution
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Ch. 4 Administrative Law
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Ch. 5 Constitutional Law
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Ch. 6 Criminal Law and Business
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Ch. 7 Tort Law
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Ch. 8 Real, Personal, and Intellectual Property
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PART 2: Contract Law tf tf tf tf
Ch. 9 Introduction to Contracts and Agreement
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Ch. 10 Consideration
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Ch. 11 Capacity and Legality
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Ch. 12 Reality of Assent
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Ch. 13 Contracts in Writing and Third-Party Contracts
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Ch. 14 Discharge and Remedies
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Part 3: Domestic and International Sales Law
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Ch. 15 Formation and Performance of Sales and Lease Contracts
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Ch. 16 Sales and Lease Contracts: Performance, Warranties, and Remedies
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PART 4: Negotiable Instruments and Banking
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Ch. 17 Negotiable Instruments: Negotiability and Transferability
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Ch. 18 Holder in Due Course, Liability, and Defenses
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PART 5: Creditors' Rights and Bankruptcy
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,Ch. 19 Secured Transactions and Bankruptcy
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PART 6: Agency
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Ch. 20 Agency and Liability to Third Parties
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PART 7: Business Organizations
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Ch. 21 Forms of Business Organization
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Ch. 22 Corporations: Formation and Organization
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Ch. 23 Securities Regulation
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PART 8: Government Regulation
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Ch. 24 Employment and Discrimination Law
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Ch. 25 Consumer Law
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, Chapter 1- An Introduction to Dynamic Business Law tf tf tf tf tf tf tf tf
CHAPTER OVERVIEW tf
Chapter One lays the foundation for the textbook. Make sure you look on the publisher‘s web site for informat
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ion about how business law intersects with the six functional areas of business. The authors encourage studen
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ts to ―connect to the core,‖ and remember the ways in which law intersects with other areas of study, includin
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g corporate management, production and transportation, marketing, research and development, accounting
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and finance, and human resource management.
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This manual supports the ―connecting to the core‖ theme by giving ideas for assignments that encourage s
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tudents to integrate their business law knowledge with knowledge they are acquiring from their other busine
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ss classes. The manual also encourages professors to improve their teaching skills. Finally, the manual sugge
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sts teaching ideas for both beginning and experienced teachers.
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LEARNING OBJECTIVES tf
After reading this chapter, students will be able to:
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1-1 Definebusiness law. tf tf
1-2 Relate the functional areas of business to the relevant areas of business law1-
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3 Recall the purposes of law.
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1-4 Distinguish among types of law. tf tf tf tf
1-5 Differentiate between sources of the law. tf tf tf tf tf
1-6 Identify the various schools of jurisprudence. tf tf tf tf tf
LECTURE NOTES WITH DEFINITIONS tf tf tf
In the news…tf tf Teaching tip: For each chapter, consider asking students to relate current newsit tf tf tf tf tf tf tf tf tf tf tf tf
ems to material from the chapter.
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In addition to ideas students come up with on their own, consider weaving inn
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ews stories provided by the McGraw Hill.
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For Chapter One, McGraw Hill offers the following stories:
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―Smoking Ban: Tobacco Tyrants: Gone Too Far? Many States Are PuttingStron tf tf tf tf tf tf tf tf tf tf tf
ger Restrictions on Where You Can Smoke‖
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Have states gone too far in banning smoking? tf tf tf tf tf tf tf