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