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