Essentials of Business Law and the Legal Environment

Extremely reader friendly, ESSENTIALS OF BUSINESS LAW AND THE LEGAL ENVIRONMENT, 12e uses a nontechnical presentation to help you understand the dynamics of today's legal environment for business. Covering a broad variety of key subjects and emphasizing ethical decision making, the text presents all business law topics required for success on the CPA exam. Cases are carefully summarized and integrated in order to present both recent legal issues and landmark court decisions while minimizing legal jargon. The 12th Edition includes new "Going Global" features that highlight the international aspects of legal issues, more than 30 recent cases, updated coverage of limited liability companies and suretyship, amendments to UCC Articles, SEC rules on social media, recent U.S. Supreme Court decisions, and much more.

Part I: INTRODUCTION TO LAW AND ETHICS. 1. Introduction to Law. 2. Business Ethics. Part II: THE LEGAL ENVIRONMENT OF BUSINESS. 3. Civil Dispute Resolution. 4. Constitutional Law. 5. Administrative Law. 6. Criminal Law. 7. Intentional Torts. 8. Negligence and Strict Liability. Part III: CONTRACTS. 9. Introduction to Contracts. 10. Mutual Assent. 11. Conduct Invalidating Assent. 12. Consideration. 13. Illegal Bargains. 14. Contractual Capacity. 15. Contracts in Writing. 16. Third Parties to Contracts. 17. Performance, Breach, and Discharge. 18. Contract Remedies. Part IV: SALES. 19. Introduction to Sales and Leases. 20. Performance. 21. Transfer of Title and Risk of Loss. 22. Product Liability: Warranties and Strict Liability. 23. Sales Remedies. Part V: NEGOTIABLE INSTRUMENTS. 24. Form and Content. 25. Transfer and Holder in Due Course. 26. Liability of Parties. 27. Bank Deposits, Collections, and Funds Transfers. Part VI: AGENCY. 28. Relationship of Principal and Agent. 29. Relationship with Third Parties. Part VII: BUSINESS ASSOCIATIONS. 30. Formation and Internal Relations of General Partnerships. 31. Operation and Dissolution of General Partnerships. 32. Limited Partnerships and Limited Liability Companies. 33. Nature and Formation of Corporations. 34. Financial Structure of Corporations. 35. Management Structure of Corporations. 36. Fundamental Changes of Corporations. Part VIII: DEBTOR AND CREDITOR RELATIONS. 37. Secured Transactions and Suretyship. 38. Bankruptcy. Part IX: REGULATION OF BUSINESS. 39. Securities Regulation. 40. Intellectual Property. 41. Employment Law. 42. Antitrust. 43. Accountants' Legal Liability. 44. Consumer Protection. 45. Environmental Law. 46. International Business Law. Part X: PROPERTY. 47. Introduction to Property, Property Insurance, Bailments, and Documents of Title. 48. Interests in Real Property. 49. Transfer and Control of Real Property. 50. Trusts and Wills. APPENDIX A: The Constitution of the United States of America. APPENDIX B: Uniform Commercial Code (Selected Provisions). APPENDIX C: Dictionary of Legal Terms.