SOLUTION MANUAL
Dynamic Business Law: The Essentials,
5th Edition Kubasek, Browne, All Chapters 1-25),
,TABLE OF CONTENTS
k k k
PARTk1:kThekLegalkEnvironmentkofkBusinessk
Ckh.k1kAnkIntroductionktokthekFundamentalskofkDynamickBusinesskLawk
Ch.k2kBusinesskEthicskandkSocialkResponsibilityk
Ch.k3kThekU.S.kLegalkSystemkandkAlternativekDisputekResolutionk
Ch.k4kAdministrativekLawk
Ch.k5kConstitutionalkLawk
Ch.k6kCriminalkLawkandkBusinessk
Ch.k7kTortkLawk
Ch.k8kReal,kPersonal,kandkIntellectualkPropertyk
PARTk2:kContractkLawk
Ch.k9kIntroductionktokContractskandkAgreementk
Ch.k10kConsiderationk
Ch.k11kCapacitykandkLegalityk
Ch.k12kRealitykofkAssentk
Ch.k13kContractskinkWritingkandkThird-PartykContractsk
Ch.k14kDischargekandkRemediesk
Partk3:kDomestickandkInternationalkSaleskLawk
Ch.k15kFormationkandkPerformancekofkSaleskandkLeasekContractsk
Ch.k16kSaleskandkLeasekContracts:kPerformance,kWarranties,kandkRemediesk
PARTk4:kNegotiablekInstrumentskandkBankingk
Ch.k17kNegotiablekInstruments:kNegotiabilitykandkTransferabilityk
Ch.k18kHolderkinkDuekCourse,kLiability,kandkDefensesk
PARTk5:kCreditors'kRightskandkBankruptcyk
,Ch.k19kSecuredkTransactionskandkBankruptcyk
PARTk6:kAgencyk
Ch.k20kAgencykandkLiabilityktokThirdkPartiesk
PARTk7:kBusinesskOrganizationsk
Ch.k21kFormskofkBusinesskOrganizationk
Ch.k22kCorporations:kFormationkandkOrganizationk
Ch.k23kSecuritieskRegulationk
PARTk8:kGovernmentkRegulationk
Ch.k24kEmploymentkandkDiscriminationkLawk
Ch.k25kConsumerkLawk
, Chapter 1 - An Introduction to Dynamic Business Law
k k k k k k k k
CHAPTERkOVERVIEW
ChapterkOneklayskthekfoundationkforkthektextbook.kMakeksurekyouklookkonkthekpublisher‘skwebksitekforkinform
ationkaboutkhowkbusinessklawkintersectskwithktheksixkfunctionalkareaskofkbusiness.kThekauthorskencouragekstud
entsktok―connectktokthekcore,‖kandkrememberkthekwayskinkwhichklawkintersectskwithkotherkareaskofkstudy,kinclu
dingkcorporatekmanagement,kproductionkandktransportation,kmarketing,kresearchkandkdevelopment,kaccountin
gkandkfinance,kandkhumankresourcekmanagement.
Thisk manualk supportsk thek ―connectingk tok thek core‖k themek byk givingk ideask fork assignmentsk thatk encouragekstu
dentsktokintegratektheirkbusinessklawkknowledgekwithkknowledgektheykarekacquiringkfromktheirkotherkbusinesskc
lasses.kThekmanualkalsokencourageskprofessorsktokimprovektheirkteachingkskills.kFinally,kthekmanualksuggestskte
achingkideaskforkbothkbeginningkandkexperiencedkteachers.
LEARNINGkOBJECTIVES
Afterkreadingkthiskchapter,kstudentskwillkbekablekto:
1-1 Definekbusinessklaw.
1-2 Relatekthekfunctionalkareaskofkbusinessktokthekrelevantkareaskofkbusinessklawk1-
3kRecallkthekpurposeskofklaw.
1-4 Distinguishkamongktypeskofklaw.
1-5 Differentiatekbetweenksourceskofktheklaw.
1-6 Identifykthekvariouskschoolskofkjurisprudence.
LECTUREkNOTESkWITHkDEFINITIONS
Inktheknews… Teachingktip:kForkeachkchapter,kconsiderkaskingkstudentsktokrelatekcurrentknewskite
msktokmaterialkfromkthekchapter.
Ink additionk tok ideask studentsk comek upk withk onk theirk own,k considerk weavingk inkne
wskstorieskprovidedkbykthekMcGrawkHill.
ForkChapterkOne,kMcGrawkHillkofferskthekfollowingkstories:
―SmokingkBan:kTobaccokTyrants:kGonekTookFar?kManykStateskArekPuttingkStronge
rkRestrictionskonkWherekYoukCankSmoke‖
• Havekstateskgonektookfarkinkbanningksmoking?
Dynamic Business Law: The Essentials,
5th Edition Kubasek, Browne, All Chapters 1-25),
,TABLE OF CONTENTS
k k k
PARTk1:kThekLegalkEnvironmentkofkBusinessk
Ckh.k1kAnkIntroductionktokthekFundamentalskofkDynamickBusinesskLawk
Ch.k2kBusinesskEthicskandkSocialkResponsibilityk
Ch.k3kThekU.S.kLegalkSystemkandkAlternativekDisputekResolutionk
Ch.k4kAdministrativekLawk
Ch.k5kConstitutionalkLawk
Ch.k6kCriminalkLawkandkBusinessk
Ch.k7kTortkLawk
Ch.k8kReal,kPersonal,kandkIntellectualkPropertyk
PARTk2:kContractkLawk
Ch.k9kIntroductionktokContractskandkAgreementk
Ch.k10kConsiderationk
Ch.k11kCapacitykandkLegalityk
Ch.k12kRealitykofkAssentk
Ch.k13kContractskinkWritingkandkThird-PartykContractsk
Ch.k14kDischargekandkRemediesk
Partk3:kDomestickandkInternationalkSaleskLawk
Ch.k15kFormationkandkPerformancekofkSaleskandkLeasekContractsk
Ch.k16kSaleskandkLeasekContracts:kPerformance,kWarranties,kandkRemediesk
PARTk4:kNegotiablekInstrumentskandkBankingk
Ch.k17kNegotiablekInstruments:kNegotiabilitykandkTransferabilityk
Ch.k18kHolderkinkDuekCourse,kLiability,kandkDefensesk
PARTk5:kCreditors'kRightskandkBankruptcyk
,Ch.k19kSecuredkTransactionskandkBankruptcyk
PARTk6:kAgencyk
Ch.k20kAgencykandkLiabilityktokThirdkPartiesk
PARTk7:kBusinesskOrganizationsk
Ch.k21kFormskofkBusinesskOrganizationk
Ch.k22kCorporations:kFormationkandkOrganizationk
Ch.k23kSecuritieskRegulationk
PARTk8:kGovernmentkRegulationk
Ch.k24kEmploymentkandkDiscriminationkLawk
Ch.k25kConsumerkLawk
, Chapter 1 - An Introduction to Dynamic Business Law
k k k k k k k k
CHAPTERkOVERVIEW
ChapterkOneklayskthekfoundationkforkthektextbook.kMakeksurekyouklookkonkthekpublisher‘skwebksitekforkinform
ationkaboutkhowkbusinessklawkintersectskwithktheksixkfunctionalkareaskofkbusiness.kThekauthorskencouragekstud
entsktok―connectktokthekcore,‖kandkrememberkthekwayskinkwhichklawkintersectskwithkotherkareaskofkstudy,kinclu
dingkcorporatekmanagement,kproductionkandktransportation,kmarketing,kresearchkandkdevelopment,kaccountin
gkandkfinance,kandkhumankresourcekmanagement.
Thisk manualk supportsk thek ―connectingk tok thek core‖k themek byk givingk ideask fork assignmentsk thatk encouragekstu
dentsktokintegratektheirkbusinessklawkknowledgekwithkknowledgektheykarekacquiringkfromktheirkotherkbusinesskc
lasses.kThekmanualkalsokencourageskprofessorsktokimprovektheirkteachingkskills.kFinally,kthekmanualksuggestskte
achingkideaskforkbothkbeginningkandkexperiencedkteachers.
LEARNINGkOBJECTIVES
Afterkreadingkthiskchapter,kstudentskwillkbekablekto:
1-1 Definekbusinessklaw.
1-2 Relatekthekfunctionalkareaskofkbusinessktokthekrelevantkareaskofkbusinessklawk1-
3kRecallkthekpurposeskofklaw.
1-4 Distinguishkamongktypeskofklaw.
1-5 Differentiatekbetweenksourceskofktheklaw.
1-6 Identifykthekvariouskschoolskofkjurisprudence.
LECTUREkNOTESkWITHkDEFINITIONS
Inktheknews… Teachingktip:kForkeachkchapter,kconsiderkaskingkstudentsktokrelatekcurrentknewskite
msktokmaterialkfromkthekchapter.
Ink additionk tok ideask studentsk comek upk withk onk theirk own,k considerk weavingk inkne
wskstorieskprovidedkbykthekMcGrawkHill.
ForkChapterkOne,kMcGrawkHillkofferskthekfollowingkstories:
―SmokingkBan:kTobaccokTyrants:kGonekTookFar?kManykStateskArekPuttingkStronge
rkRestrictionskonkWherekYoukCankSmoke‖
• Havekstateskgonektookfarkinkbanningksmoking?
