The Legal, Ethical, and Regulatory Environment of Business,9780538878807

The Legal, Ethical, and Regulatory Environment of Business

by ;
ISBN13: 9780538878807
ISBN10: 0538878800
Format: Hardcover
Pub. Date: 1998-06-01
Publisher(s): South-Western Pub
List Price: $262.95

Buy New

Usually ships in 2 to 3 business days.
$262.69
Add to Cart

Rent Textbook

Select for Price
Add to Cart
There was a problem. Please try again later.

Used Textbook

We're Sorry
Sold Out

eTextbook

We're Sorry
Not Available

Buy from our Marketplace starting at $12.10

How Marketplace Works:

  • This item is offered by an independent seller and not shipped from our warehouse
  • Item details like edition and cover design may differ from our description; see seller's comments before ordering.
  • Sellers much confirm and ship within two business days; otherwise, the order will be cancelled and refunded.
  • Marketplace purchases cannot be returned to eCampus.com. Contact the seller directly for inquiries; if no response within two days, contact customer service.
  • Additional shipping costs apply to Marketplace purchases. Review shipping costs at checkout.

Summary

The chapters in this text are arranged in seven functional modules to emphasize the relevance of legal environment topics to business functions (e.g., marketing, finance, human resources, accounting, and manufacturing). Excerpted cases include substantial portions of original language of the court and competing arguments. The text presents a strong emphasis on ethics, international law, environmental law, and women's legal concerns. Internet exercises and applications new to this edition expose students to the web as a resource.

Table of Contents

TABLE OF CASES
PREFACE
MODULE 1 LEGAL and BUSINESS ETHICS, OVERVIEW, and FINDING the LAW 3(60)
1 The Law: Legal and Business Ethics
3(38)
Positive Law Ethical Problems
3(1)
The Meaning, Nature, and Limits of Ethics
4(1)
Nature (A Priori) and Limits to Ethics (Ethical Ambiguity)
5(1)
The Ethic of Positive Law
6(6)
Positive Law Defined
6(1)
Some Positive Law Characteristics
6(2)
Rushing v. Powell
8(1)
Other Possible Weaknesses of Positive Law
8(1)
Democratic, Constitutional, Empirically Based Positive Law: The Ethic of Our Times
9(1)
Why Democratic, Constitutional, Empirically Based Law Is the Ethic of Our Time
10(2)
Jurisprudence: The Study of Other Ethics (Values) Influencing Positive Law
12(14)
The Ethic of Justice
12(3)
Riggs v. Palmer
15(1)
The Ethic of Power
15(3)
Yancey v. State Personnel Board
17(1)
The Ethic of Custom
18(2)
Geary v. U.S. Steel Corporation
19(1)
Advantages of Custom
20(1)
Disadvantages of Custom
20(1)
The Ethic of Norms of Conduct
20(1)
The Ethic of Civilization
20(2)
Regina v. Dudley and Stephens
21(1)
The Ethic of Reality
22(1)
Delaware Tire Center v. Fox
22(1)
The Ethic of Utility
23(3)
In the Matter of Baby M, a pseudonym for an actual person
25(1)
Summary
26(1)
Further Points about Legal Ethics
26(2)
Ethical Unity
26(1)
Which Ethic Is "Right"?
27(1)
Communitarianism
28(1)
Business Ethics
28(3)
Definition of Business Ethics
28(2)
How Business Ethics Relate to Legal Ethics
30(1)
Manager's Ethical Decision Model
31(1)
Strategy for Managers Confronting an Ethical Problem
31(1)
Caveats in Applying the Manager's Ethical Decision Model
32(1)
Objectives of Law
32(1)
Justice, Speed, and Economy
32(1)
Flexibility
32(1)
Stability and Knowability
32(1)
Why Study Law?
33(1)
What Is the Legal Environment?
33(1)
Chapter Summary
33(1)
Manager's Ethical Dilemma
34(2)
Internet Exercises
36(1)
Discussion Questions
36(3)
Suggested Readings
39(3)
2 Overview and Finding Law
41(22)
Positive Law Ethical Problem
41(1)
Forms of Law
42(1)
Constitutions
42(1)
Statutes
43(1)
Federal Administrative Regulations and Executive Orders
43(1)
Classifications of Law
43(9)
Substantive Law and Procedural Law
43(1)
Civil Law and Criminal Law
44(1)
Differences Between Civil and Criminal Law
44(3)
Possible Overlap of Civil and Criminal Law
47(5)
U.S. v. Usery
48(4)
Diagrams of Civil and Criminal Law
52(1)
Finding the Law
52(5)
Finding National and State Constitutions
52(1)
Finding Legislative Enactments
52(1)
Codes Organize Statutes by Subject
52(1)
Finding Federal Administrative Regulations
53(1)
Finding Information About Federal Agencies
54(1)
Finding Common Law
54(1)
Reporters
54(1)
Using Computers to Find the Law
55(1)
Internet Computer Searches to Find the Law
56(1)
How to Analyze a Case
57(2)
What Is a Judicial Opinion?
57(1)
Many Issues in a Case
57(1)
The Purpose of Cases in Texts
57(1)
The Meaning of Briefing
58(1)
Chapter Summary
59(1)
Manager's Ethical Dilemma
60(1)
Internet Exercises
60(1)
Discussion Questions
60(1)
Suggested Readings
61(2)
MODULE 2 Business and Legal Systems: Courts, Legislatures, Administrative Agencies, Constitutional and International Law Affecting Regulation 63(210)
3 Sources of Law: Political and Institutional
65(26)
Positive Law Ethical Problems
65(1)
Political Sources of Law
66(3)
Monarchy
66(1)
Oligarchy
66(1)
Democracy
66(1)
Anarchy
67(1)
The Social Compact (Government)
67(1)
Hobbesian and Lockean Social Compacts
67(1)
The U.S. Social Compact
68(1)
Federalism
68(1)
Federalism Today
68(1)
Institutional Sources of Law: Courts and Legislatures
69(19)
Courts and Court Systems
70(1)
State Courts
70(5)
Kopycinski v. Aserkoff
74(1)
Federal Courts
75(4)
In Which System Should I Sue?
79(2)
Erie Railroad v. Tompkins
79(2)
Legislatures and Legislative Forms
81(4)
McBoyle v. United Steel
84(1)
Differences Between Courts and Legislatures
85(3)
Chapter Summary
88(1)
Manager's Ethical Dilemma
88(1)
Internet Exercises
88(1)
Discussion Questions
89(1)
Suggested Readings
89(2)
4 Settling Legal Disputes: Alternative Dispute Resolution and Civil Lawsuits
91(36)
Positive Law Ethical Problems
91(1)
Alternative Dispute Resolution
92(6)
Conciliation
92(1)
Mediation
92(1)
Arbitration
93(1)
Advantages of ADR
93(1)
Disadvantages of ADR
94(1)
Types of Disputes for Suitable ADR Settlement
94(1)
ADR under the Federal Arbitration Act of 1925
95(1)
Hostility to ADR in Brokerage Disputes: Wilko v. Swan
95(1)
Supreme Court Reassessment of Arbitration
95(3)
Rodriguez de Quijas v. Shearson American Express, Inc.
95(3)
SEC Rules Regarding Arbitration
98(1)
The Attorney's Role in the Legal System
98(8)
The Reason for Attorneys
99(1)
Attorney Fees
99(1)
Attorney Billings
100(2)
Committee on Professional Ethics v. Chipokas
100(2)
Finding a Lawyer--Attorney Advertising
102(3)
Florida Bar v. Went For It, Inc.
103(2)
Attorneys and the Middle Class
105(1)
Overview of Civil Lawsuits
106(18)
Who May Sue: The Standing Issue
106(2)
Class Actions
108(1)
Recognizing a Legal Wrong
109(1)
Statute of Limitations
109(1)
Burden of Proof
110(1)
Jurisdiction
111(1)
Cause of Action
111(1)
Starting Lawsuits: The Complaint
111(5)
Defendant's Response: The Answer
116(1)
Pretrial Discovery and Pretrial Conferences
116(1)
Motions
117(1)
The Trial, Verdict, and Judgment
117(1)
Res Judicata
117(2)
Appeals
119(1)
Collecting Judgment
119(5)
Conclusion
124(1)
Chapter Summary
124(1)
Manager's Ethical Dilemma
125(1)
Internet Exercises
125(1)
Discussion Questions
126(1)
Suggested Readings
126(1)
5 Business and the Constitution
127(34)
Positive Law Ethical Problem
127(1)
The United States Constitution: An Overview
128(1)
The Nature of Constitutional Decision Making
129(2)
Why the Constitution's Meaning Changes
129(1)
The Supreme Court's Power and Its Limits
130(1)
Enumerated Powers and Independent Constitutional Checks
131(1)
Enumerated Powers
131(1)
Independent Constitutional Checks
132(1)
An Introduction to the Remainder of the Chapter
132(1)
State Power to Regulate the Economy
132(1)
Three Enumerated Congressional Powers
133(3)
The Commerce Power
133(2)
United States v. Lopez
134(1)
The Taxing Power
135(1)
The Spending Power
135(1)
Independent Constitutional Checks Applying to Both Congress and the States
136(12)
Introduction
136(4)
San Francisco Arts & Athletics, Inc. v. United States Olympic Committee
139(1)
Business and the First Amendment
140(2)
44 Liquormart, Inc. v. Rhode Island
141(1)
Due Process
142(3)
BMW of North America v. Gore
144(1)
Equal Protection
145(3)
City of Dallas v. Stanglin
146(2)
Independent Constitutional Checks Applying Only to the States
148(5)
The Contract Clause
148(1)
State Regulation of Interstate Commerce
149(2)
Wyoming v. Oklahoma
150(1)
Federal Preemption
151(2)
Wisconsin Public Intervenor v. Mortier
152(1)
The Takings Clause
153(3)
Taking
153(1)
Property
153(1)
Public Use
153(1)
Just Compensation
154(2)
Lucas v. South Carolina Coastal Council
154(2)
Chapter Summary
156(1)
Managers' Ethical Dilemma
157(1)
Internet Exercises
157(1)
Discussion Questions
157(2)
Suggested Readings
159(2)
6 Government Regulation: Overview
161(24)
Positive Law Ethical Problems
161(1)
Administrative Law and Administrative Agencies
162(4)
Origin and Purpose of Administrative Agencies
162(3)
Legislative Delegations to Agencies: Enabling Acts
165(1)
Some Important Federal Administrative Statutes
166(9)
Federal Register Act
166(2)
Federal Crop Ins. Corp. v. Merrill
167(1)
Administrative Procedure Act (APA)
168(1)
Freedom of Information Act
168(1)
Federal Privacy Act of 1974
169(3)
State ex rel. Beacon Journal Pub. v. Akron
170(2)
Government in the Sunshine Act
172(1)
Protection for Federal Whistleblowers
172(3)
Mintzmyer v. Department of the Interior
173(2)
Controlling Administrative Agencies
175(7)
The Courts
176(1)
Sunset Laws
176(1)
Ombudspersons
176(1)
Federal Civil Rights Suits
177(1)
Legislative Vetoes
177(1)
Federal Tort Claims Act
177(5)
United States v. Gaubert
178(4)
Chapter Summary
182(1)
Manager's Ethical Dilemma
183(1)
Internet Exercises
183(1)
Discussion Questions
183(1)
Suggested Readings
184(1)
7 Government Regulation: Anatomy of a Regulation
185(34)
Positive Law Ethical Problems
185(1)
The Functions of Administrative Agencies
186(1)
Executive
186(1)
Adjudicatory
186(1)
Legislative
187(1)
The Law Governing Federal Agencies' Regulation Making
187(1)
The Life of a Federal Regulation
188(20)
Step 1. Society Perceives a Problem
188(1)
Step 2. Congress Passes an Enabling Act
188(1)
Step 3. An Agency Studies the Problem
189(1)
Step 4. The Agency Proposes a Regulation
189(7)
Omnipoint Corp. v. F.C.C.
190(5)
National Tour Brokers Association v. United States
195(1)
Step 5. The Public Comments
196(6)
Step 6. The Agency Promulgates, Modifies, or Withdraws the Regulation
202(1)
Step 7. Challenges in Court to the Promulgated Regulation
202(6)
Ethyl Corp. v. Environmental Protection Agency
203(4)
Ernst & Ernst v. Hochfelder
207(1)
Recent Changes in Rulemaking
208(1)
Concluding Points About Rulemaking
208(2)
No Right to a Hearing
208(1)
A Warning
208(1)
Reg-Neg: A Possible Future Direction for Federal Rulemaking
208(1)
Help for Small Businesses in Regulation Making
209(1)
Chapter Summary
210(1)
Manager's Ethical Dilemma
210(1)
Internet Exercises
211(1)
Discussion Questions
211(1)
Suggested Readings
212(7)
8 Government Regulation: Enforcing and Adjudicating Regulations
219(14)
Positive Law Ethical Problems
219(1)
The Life of a Federal Regulation
220(10)
Step 8. An Agency Enforces Valid Reg through Investigation, Prosecution, and Administration
220(6)
Marshall v. Barlow's, Inc.
221(3)
United States v. Ward
224(2)
Step 9. Agencies Hold Adjudicatory Hearings
226(1)
Step 10. Appeal of Administrative Law Judge's Decision
227(3)
Wasson v. Securities and Exchange Commission
228(2)
Chapter Summary
230(1)
Manager's Ethical Dilemma
230(1)
Internet Exercises
231(1)
Discussion Questions
231(1)
Suggested Readings
232(1)
9 Law in International Business: Public Law
233(18)
Positive Law Ethical Problems
233(1)
Definition and Sources of International Law
234(1)
The Nature and Extent of U.S. International Trade
234(3)
Current Policy
235(1)
Most Favored Nations Clauses in Treaties
235(2)
Institutions Affecting International Business
237(6)
General Agreement on Tariffs and Trade (GATT) and WTO
237(1)
GATT Dispute Settlement Panel Report: United States--Restrictions on Imports of Tuna
238(2)
United Nations Commission on International Trade Law (UNCITRAL)
240(1)
European Economic Community (EEC)
241(1)
North American Free Trade Agreement (NAFTA)
241(2)
Overseas Private Investor Corporation (OPIC)
243(1)
United States International Trade Commission
243(3)
Generalized System of Preferences
244(1)
Industry Adjustments to Import Competition
244(1)
Import Interference with Agricultural Programs
244(1)
International Trade: Comparing Unit Labor Costs Among Nations
244(2)
Protecting U.S. Patents, Copyrights, and Trademarks Abroad: Special 301
246(1)
Restraints on International Business
246(2)
U.S. Antitrust Laws
246(1)
Antitrust in the European Economic Community
247(1)
Chapter Summary
248(1)
Manager's Ethical Dilemma
249(1)
Internet Exercises
249(1)
Discussion Questions
249(1)
Suggested Readings
249(2)
10 International Law: Private Business Dealings in a Global Context
251(22)
Positive Law Ethical Problems
251(1)
An International Business Deal--Foreign Seller/U.S. Buyer
252(4)
Why Art Does Not Pay Ali Directly
252(1)
Solution: A Letter of Credit and a Bill of Lading
252(1)
The Art-Ali Rug Contract Using a Letter of Credit and a Bill of Lading
253(1)
Letters of Credit: The Independence Principle
253(1)
GATX Leasing Corp v. DBM Drilling Corp.
254(1)
Stopping Payment on Letters of Credit: Forgery
254(1)
Stopping Payment on Irrevocable Letters of Credit: Fraud
254(1)
Sztejn v. J. Schroder Banking Corp.
254(1)
Harmonized Tariff Schedules
255(1)
Importing Gray Market Goods
256(7)
Case 1 Gray Market Goods
256(1)
Case 2 Gray Market Goods
256(2)
Case 3 Gray Market Goods
258(2)
K Mart Corporation v. Cartier, Inc.
258(2)
Bribing to Get Foreign Business
260(1)
Act of State Doctrine
260(3)
Riedel v. Buncam, SA
261(2)
What to Do When Things Go Wrong in an International Business Deal
263(6)
Ways of Settling Disputes
263(1)
Two Problems Involving Lawsuits By and Against Foreign Governments
264(5)
In re Union Carbide Corp. Gas Plant Disaster
265(4)
Two Remaining Legal Problems: Expropriation and Repatriation
269(1)
Repatriation
269(1)
Chapter Summary
269(1)
Manager's Ethical Dilemma
270(1)
Internet Exercises
270(1)
Discussion Questions
271(1)
Suggested Readings
271(2)
MODULE 3 Private Law Affecting Entrepreneurs 273(110)
11 Torts: Negligence, Strict Liability, and Intentional Torts
275(32)
Positive Law Ethical Problems
275(1)
What Is a Tort?
276(1)
Placing Torts in General Business Law
276(1)
Torts Compared with Crimes
276(1)
Tort Law Is a Legal Laboratory
277(1)
Tort Classifications
277(1)
Negligence
277(11)
Duty
277(4)
First Florida Bank v. Max Mitchell & Co.
278(3)
Standard of Care
281(3)
Munford, Inc. v. Peterson
282(2)
Proximate Cause
284(1)
Palsgraf v. Long Island Railroad Co.
284(1)
Damages
285(1)
Defenses to Negligence
285(3)
Halvorson v. Voeller
286(2)
Strict Liability
288(1)
Why Allow Ultrahazardous Activities?
288(1)
Defenses
288(1)
Indiana Harbor Belt Railroad Co. v. American Cyanamid Co.
288(1)
Intentional Torts
289(15)
Intentional Torts Compared with Crimes
289(1)
Intentional Torts Compared with Negligence
289(1)
Intentional Torts Compared with Contracts
290(1)
Remedies for Intentional Torts
290(1)
Fraud
290(3)
Hewlett v. Hewlett
291(2)
False Imprisonment
293(1)
Invasion of Privacy
294(2)
Harkey v. Abate
295(1)
Conversion
296(1)
Abuse of Process
297(1)
Wrongful Interference with Contractual Relations
297(4)
Texaco, Inc. v. Pennzoil, Co.
298(3)
Intentional Infliction of Mental Distress
301(1)
Defamation
301(3)
Jenkins v. Wal-Mart Stores, Inc.
302(2)
Chapter Summary
304(1)
Manager's Ethical Dilemma
305(1)
Internet Exercises
305(1)
Discussion Questions
305(1)
Suggested Readings
306(1)
12 Nature, Definition, and Classification of Contracts
307(26)
Positive Law Ethical Problems
307(1)
How Contracts Fit into the Market Economy
308(2)
Trends in Contract Law
308(1)
Philosophies Found in Contract Law
308(1)
Law Governing Contracts
308(1)
Contract Definitions
309(1)
The Objective Theory of Contracts
309(1)
Contract Classifications
310(6)
Bilateral and Unilateral Contracts
310(2)
Davis v. Jacoby
311(1)
Express and Implied Contracts
312(1)
Valid, Voidable, Void, and Unenforceable Contracts
313(1)
Executed and Executory Contracts
313(1)
Quasi-Contracts
313(3)
Matter of Estate of Milborn
314(2)
The Making of a Contract: The Offer
316(6)
Intent Needed to Make an Offer
317(1)
Unenforceable "Offers"
317(1)
Invitations to Negotiate
317(1)
Certainty
318(1)
Communication Requirement of Offers
318(1)
How Offers End
319(2)
Gibbs v. American Sav. & Loan Ass'n
320(1)
Offers to Form Unilateral Contracts
321(1)
The Making of a Contract: The Acceptance
322(5)
Glover v. Jewish War Veterans of the United States
322(2)
How to Accept
324(1)
Champagne Chrysler-Plymouth, Inc. v. Giles
324(1)
Who Can Accept
325(1)
Silence as Acceptance
325(1)
Acceptances Adding to or Varying from the Offer: Common Law Exactness Rule
326(1)
Acceptance Adding to or Varying from the Offer: The UCC Rule
326(1)
When Is an Acceptance Effective?
326(1)
Acceptances at an Auction
327(1)
Consideration
327(2)
Hamer v. Sidway
327(1)
Reason for the Consideration Rule
328(1)
"Bargained for" Part of the Consideration Definition
328(1)
Adequacy of Consideration
329(1)
Chapter Summary
329(1)
Manager's Ethical Dilemma
330(1)
Internet Exercises
330(1)
Discussion Questions
330(1)
Suggested Readings
331(2)
13 Property
333(28)
Positive Law Ethical Problems
333(1)
Definition of Property
334(1)
Legal Philosophies Reflected in Property Law
334(1)
Property Law Is State Law
334(1)
Title and Title Documents
335(1)
Property Classifications
335(1)
Personalty, Realty, and Fixtures
335(1)
Tangible and Intangible Property
336(1)
Public and Private Property
336(1)
Types of Real Property Estates
336(1)
Ways to Hold Title to Real Property
337(1)
How Property Is Acquired
338(10)
Theft
339(5)
Autocephalus Greek-Orthodox Church v. Goldberg
339(3)
Pieper v. Pontiff
342(2)
Gift
344(1)
Capture
344(1)
Finding
344(1)
Inheritance
345(1)
Trust
346(2)
Manufacture
348(1)
Confusion
348(1)
Purchase
348(1)
Uses of Property
348(6)
Bailment
348(1)
Leases, Licenses, and Easements
349(1)
The Uniform Residential Landlord Tenant Act (URLTA)
350(4)
Allison by Fox v. Page
352(2)
Limits on Property
354(2)
Nuisance Law
354(1)
Taxation
354(1)
Eminent Domain
355(1)
Hawaii Housing Authority v. Midkiff
355(1)
Chapter Summary
356(1)
Manager's Ethical Dilemma
357(1)
Internet Exercises
357(1)
Discussion Questions
358(1)
Suggested Readings
359(2)
14 Law and Technology: Protecting Inventions and Intellectual Property
361(22)
Positive Law Ethical Problems
361(1)
Quasi-Contract
362(4)
Kaplan v. Michtom
363(1)
Wolfe v. American Airlines, Inc.
364(2)
Trade Secrets
366(3)
Geritrex Corp. v. DermaRite Industries, LLC
366(3)
Copyrights
369(3)
Whelan Associates, Inc. v. Jaslow Dental Laboratories, Inc.
369(3)
Trademarks
372(3)
Mutual of Omaha Insurance Co. v. Novak
373(2)
Patents
375(5)
Violation of Someone's Patent: Infringement
376(4)
Kearns v. Chrysler Corp.
376(2)
Diamond v. Diehr
378(2)
International Protection of Intellectual Property
380(1)
Chapter Summary
380(1)
Manager's Ethical Dilemma
381(1)
Internet Exercises
381(1)
Discussion Questions
381(1)
Suggested Readings
381(2)
MODULE 4 Law Affecting the Business Personnel Department 383(130)
15 Employer-Employee Relations: Common Law Rules
385(36)
Positive Law Ethical Problems
385(1)
Employer-Employee Legal Classifications
386(8)
Who May Be Principals
387(1)
Who May Be Agents, Servants, and Independent Contractors
387(1)
Effect of Different Employer-Employee Classifications
387(4)
Fruit v. Schreiner
388(3)
Types of Agents
391(1)
Why Employ an Independent Contractor
391(3)
Toyota Motor Sales v. Superior Court
392(2)
How Agency Authority Is Created
394(4)
Express Authority
394(1)
Implied Authority
395(1)
Apparent Authority
395(2)
Northington v. Dairyland Insurance Co.
396(1)
Ratification
397(1)
Common Law Duties that Masters Owe Servants
398(3)
Overstreet v. Norman
399(2)
Common Law Duties that Principals Owe Agents
401(3)
Geise v. Phoenix Co. of Chicago, Inc.
402(2)
Common Law Duties That Agents Owe Principals
404(3)
Duty to Account
404(1)
Duty to Use Care and Skill
404(3)
Boothby v. Texon, Inc.
405(2)
Fiduciary Duty
407(1)
Duty to Follow Instructions
407(1)
Common Law Duties that Servants Owe Masters
407(1)
Agent's or Servant's Liability to Third Persons: Torts
408(1)
Agent's Liability to Third Persons: Contracts
408(1)
Liability for Crimes
409(4)
Employee Liability
409(1)
Employer Liability
410(1)
Corporate Employer Liability
410(3)
United States v. Gibson Products Co., Inc.
411(2)
How Agencies End
413(5)
Ending the Employment Relationship: Employment At-Will
414(3)
Wlasiuk v. Whirlpool Corp.
415(2)
Notice of the Agency's Ending
417(1)
Chapter Summary
418(1)
Manager's Ethical Dilemma
419(1)
Internet Exercises
419(1)
Discussion Questions
419(1)
Suggested Readings
420(1)
16 Employer-Employee Relations: Some Important Statutes
421(34)
Positive Law Ethical Problems
421(1)
Job Safety and Statutory Recovery
422(11)
Worker's Compensation
422(5)
Cormier v. Resthaven Nursing Home
424(3)
Occupational Safety and Health Act (OSHA)
427(6)
Whirlpool Corp. v. Marshall
430(3)
Workers' Financial Security
433(19)
Fair Labor Standards Act
433(5)
Donovan v. Burger King Corporation
435(3)
Equal Pay Act
438(1)
Unemployment Compensation
438(3)
New York Tel. Co. v. New York St. Dept. of Labor
439(2)
Social Security
441(3)
Regulation of Employee Pensions
444(1)
Employee Retirement Income Security Act of 1974 (ERISA)
445(6)
Lockheed Corporation v. Speink
446(3)
Alessi v. Raybestos-Manhattan, Inc.
449(2)
Plant Closing Legislation
451(1)
Chapter Summary
452(1)
Manager's Ethical Dilemma
453(1)
Internet Exercises
453(1)
Discussion Questions
453(1)
Suggested Readings
454(1)
17 Employment Discrimination
455(24)
Positive Law Ethical Problem
455(1)
The Equal Pay Act
456(3)
The Elements of an Equal Pay Act
457(1)
EPA Defenses
457(1)
EPA Remedies
457(2)
Fowler v. Land Management Groupe, Inc.
458(1)
Title VII of the 1964 Civil Rights Act
459(10)
Coverage
459(1)
Procedures
459(1)
Proving a Title VII Violation
460(1)
Defense of Title VII Claims
461(2)
Auto Workers v. Johnson Controls, Inc.
462(1)
Remedies for Title VII Violations
463(1)
Race and Color Discrimination
464(1)
Sex Discrimination
464(3)
Griffith v. Keystone Steel and Wire
466(1)
National Origin Discrimination
467(1)
Discrimination Based on Religion
468(1)
Cook v. Chrysler Corporation
468(1)
Section 1981
469(1)
Executive Order 11246
469(1)
Age Discrimination in Employment Act
470(2)
Entities Covered
470(1)
Procedures
470(1)
Proving an ADEA Violation
470(1)
Defenses
470(1)
Remedies
471(1)
O'Connor v. Consolidated Coin Caterers Corporation
471(1)
The Americans with Disabilities Act
472(3)
Entities Covered
472(1)
Prohibited Discrimination
472(1)
Defenses
473(2)
Sarsycki v. United Parcel Service
474(1)
State Employment Discrimination Laws
475(1)
Chapter Summary
475(1)
Manager's Ethical Dilemma
475(1)
Internet Exercises
476(1)
Discussion Questions
476(1)
Suggested Readings
477(2)
18 Federal Labor Law: Unionization and Collective Bargaining
479(34)
Positive Law Ethical Problems
479(1)
History of Unions in the United States
480(2)
Current Trends
480(1)
Effect of Unions
481(1)
Development of Labor Law
482(2)
The National Labor Relations Board (NLRB)
484(4)
NLRB Jurisdiction
484(2)
Holly Farms Corp. v. NLRB
485(1)
Unfair Labor Practices
486(2)
Union-Employer Conflicts and Common Grounds
488(5)
Union Organizational Efforts
489(1)
Preelection Campaign Statements
490(3)
NLRB v. Vemco, Inc.
491(2)
Court Review of NLRB Union Certification
493(14)
Frequency of Representation Election
493(1)
Runaway Shop
494(2)
Milwaukee Spring Division of Illinios Coil Spring Company v. National Labor Relations Board
494(2)
Bankruptcy to Escape Collective Bargaining Agreements
496(1)
Going Out of Business
496(1)
Duty to Bargain
496(1)
Bargaining Topics
497(2)
Radisson Plaza Minneapolis v. NLRB
498(1)
The Collective Bargaining Agreement
499(1)
Employer Attempt to Disavow Collective Bargaining Agreements
500(1)
Auciello Iron Works, Inc. v. NLRB
500(1)
Collective Bargaining Agreement: Arbitration Provisions
501(3)
United Paperworkers International Union v. Misco, Inc.
501(2)
Fall River Dyeing & Finishing Corp. v. NLRB
503(1)
Devices Affecting Union Security
504(1)
Strikes and Lockouts
505(1)
Secondary Boycotts
505(2)
National Woodwork Manufacturers Ass'n v. NLRB
506(1)
Voting Out the Union: Decertification Elections
507(1)
Unions for Government Employees
508(1)
Labor Laws Covering Federal Employees
508(1)
Labor Laws Covering State and Municipal Government Employees
508(1)
Chapter Summary
508(1)
Manager's Ethical Dilemma
509(1)
Internet Exercises
510(1)
Discussion Questions
510(1)
Suggested Readings
511(2)
MODULE 5 Law Affecting Business's Financing 513(84)
19 Business Organizations
515(44)
Positive Law Ethical Problems
515(1)
Sole Proprietorships
516(2)
Legal Form
516(1)
Reasons for Sole Proprietorships
516(2)
Brady v. Fulghum
517(1)
Partnerships
518(11)
Partnership Advantages
519(1)
Partnership Disadvantages
519(1)
Partnership Definition
519(1)
Partnership Existence
519(1)
Forming Partnerships
520(3)
Dalton v. Austin
521(2)
Partners' Relationship to Each Other
523(1)
Partners' Agreements
524(1)
Partners' Salaries
524(1)
Partners' Suits against One Another
524(1)
Partners' Liability for Copartners' Contracts and Torts
524(1)
Partnership Property
525(3)
Patel v. Patel
527(1)
Partnership by Estoppel
528(1)
Limited Partnerships
529(4)
A Problem
529(1)
A Solution
529(1)
Partners in Limited Partnerships
529(1)
Limited Partner Registry
529(1)
Limited Partners Are Passive
529(4)
Overt v. Environmental Research and Development
530(3)
Business Trusts
533(1)
Limited Liability Partnerships (LLPS)
534(1)
Limited Liability Companies (LLCS)
534(1)
Corporations
535(20)
Definition of a Corporation
535(1)
Limited Liability and Transferable Shares
535(1)
Professional Corporations
536(1)
Corporations' Constitutional Rights
536(1)
Law Governing Corporations
537(1)
Basic Corporate Definitions
537(1)
Model Business Corporation Act (MBCA)
538(1)
How Corporations Are Formed
538(1)
Promoters' Preincorporation Legal Duties
539(1)
Corporate Existence
540(2)
Robertson v. Levy
540(2)
Disregard of Corporateness
542(2)
Joslyn Mfg. Co. v. T. L. James & Co., Inc.
543(1)
Corporate Directors
544(5)
Pittman v. Beebe
547(2)
Corporate Stockholders
549(1)
Corporate Officers
549(2)
Comparing Business Forms
551(4)
Chapter Summary
555(1)
Manager's Ethical Dilemma
555(1)
Internet Exercises
556(1)
Discussion Questions
556(1)
Suggested Readings
557(2)
20 Securities Regulation
559(38)
Positive Law Ethical Problems
559(1)
Federal Securities Laws
560(16)
Overview
560(3)
Definition of a Security
563(1)
Recent Supreme Court Case Applications of Security Definition
564(1)
Landreth Timber Co. v. Landreth
564(1)
Securities Act of 1933
565(3)
Exemptions from the Securities Act of 1933
568(1)
Exempt Transactions Under the Securities Act of 1933
568(2)
Exempt Securities Under the Securities Act of 1933
570(1)
Civil Liability Under the Securities Act of 1933
571(5)
Escott v. BarChris Construction
572(4)
Criminal Punishment Under the Securities Act of 1933
576(1)
Securities Exchange Act of 1934
576(16)
The Securities and Exchange Commission (SEC)
578(1)
SEA Registration Requirements
578(1)
Securities Registration
578(1)
SEA Reporting Requirements
578(1)
SEA Proxy Restrictions
578(1)
SEA Credit Restrictions
579(1)
Short-Swing Profits
579(1)
Section 10(b) and Rule 10b-5
580(7)
Zaretsky v. E. F. Hutton & Co., Inc.
580(2)
SEC v. Texas Gulf Sulphur Company
582(3)
Dirks v. SEC
585(2)
Federal Statute on Insider Trading (Insider Trading Sanctions Act)
587(1)
Takeover Bids (Tender Offers)
587(4)
Schreiber v. Burlington Northern, Inc.
589(2)
Criminal Violations of the SEA
591(1)
The Foreign Corrupt Practices Act (FCPA)
591(1)
State Securities Regulation
592(1)
Chapter Summary
592(1)
Manager's Ethical Dilemma
593(1)
Internet Exercises
593(1)
Discussion Questions
594(2)
Suggested Readings
596(1)
MODULE 6 Law Affecting the Marketing Department 597(110)
21 Antitrust Law
599(34)
Positive Law Ethical Problem
599(1)
Emergence of Antitrust Law in the United States
600(1)
The Debate over Antitrust Policy
601(1)
The Two Views Contrasted
601(1)
The Sherman Act: Preliminaries
602(2)
The Act's Reach
602(1)
Criminal Prosecutions
602(1)
Civil Suits
603(1)
Sherman Act Section 1
604(10)
Joint or Concerted Action
604(1)
Rule of Reason and Per Se Violations
605(3)
Business Electronics Corporation v. Sharp Electronics Corporation
606(2)
Per Se Violations
608(6)
Atlantic Richfield v. USA Petroleum Co.
609(3)
FTC v. Indiana Federation of Dentists
612(2)
Sherman Act Section 2
614(3)
Monopolization
614(3)
Eastman Kodak Co. v. Image Technical Services, Inc.
616(1)
Attempts to Monopolize
617(1)
Clayton Act Section 3
617(2)
Tying Contracts
618(1)
Exclusive Dealing and Requirements Contracts
618(1)
Clayton Act Section 7
619(1)
General Policy Considerations
619(5)
Types of Mergers
620(4)
United States v. Baker Hughes, Inc.
621(3)
The Robinson-Patman Act
624(4)
Jurisdictional Reach
625(1)
Price Discrimination
625(3)
Brooke Group LTD v. Brown and Williamson Tobacco Corp.
626(2)
Buyer Inducement of Discrimination
628(1)
Other Forms of Seller Discrimination
628(1)
Interlocking Directorates and Officers
628(1)
Antitrust Exemptions
629(1)
The State Action Exemption
629(1)
Petitioning the Government
630(1)
Union Activity
630(1)
Other Exemptions
630(1)
Chapter Summary
630(1)
Manager's Ethical Dilemma
631(1)
Internet Exercises
631(1)
Discussion Questions
631(1)
Suggested Readings
632(1)
22 The Federal Trade Commission Act and Civil Remedies for Unfair Competition
633(22)
Positive Law Ethical Problem
633(1)
The Federal Trade Commission
634(3)
Description
634(1)
Functions
634(1)
FTC Regulation Under Section 5
634(3)
FTC Rules, Guides, and Other Standards
637(1)
Advisory Opinions
637(1)
Industry Guides
637(1)
Trade Regulation Rules
637(1)
FTC Enforcement Devices
637(2)
Formal FTC Action
637(2)
Other Enforcement Devices
639(1)
The FTC and Anticompetitive Behavior
639(2)
Federal Trade Commission v. Superior Court Trial Lawyers Association
639(2)
Deceptive and Unfair Acts or Practices
641(3)
Deception
641(3)
Federal Trade Commission v. Patriot Alcohol Testers, Inc.
642(2)
Unfairness
644(1)
Orkin Exterminating Co. v. Federal Trade Commission
644(1)
Remedies in Advertising Cases
645(1)
First Amendment Considerations
646(1)
FTC Regulation of Franchising
646(3)
Lanham Act Section 43(A)
649(2)
Groden v. Random House, Inc.
649(2)
Chapter Summary
651(1)
Manager's Ethical Dilemma
651(1)
Internet Exercises
652(1)
Discussion Questions
652(1)
Suggested Readings
653(2)
23 Consumer Protection
655(52)
Positive Law Ethical Problems
655(1)
A Brief History of Consumer Protection
656(2)
The Church and Secular Law
656(1)
Impediments to Consumer Protection
656(1)
Consumer Protection in the Late 19th Century and Early 20th Century
657(1)
Modern Era Consumer Protection
658(1)
Who Is a Consumer?
658(1)
Why Protect Consumers?
659(1)
Arguments Against Consumer Protection
659(1)
Arguments Favoring Consumer Protection
659(1)
Sources of Consumer Protection Law
659(1)
Common Law Protection of Consumers
659(8)
Consideration
659(1)
Undue Influence
660(1)
Duress
660(1)
Fraud
661(2)
Golding v. Williams
662(1)
Innocent Misrepresentation
663(1)
Contracts Contrary to Public Policy
663(1)
Illegal Contracts
663(1)
Unconscionability
664(2)
Williams v. Walker-Thomas Furniture Company
665(1)
Weaknesses in Common Law for Consumers
666(1)
Federal Trade Commission (FTC)
667(4)
Background
667(1)
Consumerism
667(1)
FTC Consumer Protection Regulations
667(4)
The Consumer Product Safety Act
671(4)
Consumer Product Safety Commission (CPSC)
671(4)
Gulf South Insulation v. Consumer Prod. Safety Com'n
672(3)
Truth-in-Lending Act
675(4)
The Act's Role in Regulation
675(1)
Types of Credit Covered
676(1)
Types of Creditors Covered
676(1)
Disclosing Credit Terms
676(1)
Finance Charge and Annual Percentage Rate
676(1)
Credit Cards
677(1)
Oclander v. First Nat. Bank of Louisville
677(1)
Credit Advertising
678(1)
Penalties
679(1)
Credit Records
679(1)
Enforcers
679(1)
Fair Credit Reporting Act (FCRA)
679(3)
How the FCRA Works
679(1)
Sanctions
680(2)
Houghton v. Ins. Crime Prevention Institute
680(2)
Equal Credit Opportunity Act (ECOA)
682(4)
ECOA's Creditor Coverage
682(1)
Some ECOA Applications
682(1)
Other ECOA Provisions
683(1)
Miller v. American Express Co.
684(2)
Fair Credit Billing Act
686(1)
Billing Errors
686(1)
Discounts
686(1)
Credit Reporting
686(1)
Fair Debt Collection Practices Act
686(4)
Purpose
686(1)
Provisions of the Act
686(4)
Venes v. Professional Service Bureau, Inc.
688(2)
The Electronic Fund Transfer Act (ERTA)
690(4)
EFTA Consumer Protections
691(3)
Ognibene v. Citibank, N.A.
692(2)
Bankruptcy
694(8)
Straight Bankruptcy
694(1)
Bankruptcy Consumer Protections
695(3)
Perez v. Campbell
697(1)
Bankruptcy Limits
698(3)
In Re Tondreau
699(2)
Debt Adjustment (Chapter 13 Bankruptcy)
701(1)
1984 Amendments Affecting Consumers
701(1)
State Statutes Protecting Consumers
702(2)
Uniform Commercial Code (UCC)
702(1)
Uniform Consumer Credit Code (UCCC)
702(1)
Usury Laws
702(1)
Occupational Licensing Statutes
703
State Consumer Protection Agencies
702(2)
Chapter Summary
704(1)
Manager's Ethical Dilemma
704(1)
Internet Exercises
705(1)
Discussion Questions
705(1)
Suggested Readings
706(1)
MODULE 7 Law Affecting the Manufacturing Department 707
24 Product Liability
709(36)
Positive Law Ethical Problem
709(1)
The Evolution of Product Liability Law
710(2)
The 19th Century
710(1)
The 20th Century
711(1)
The Quest for Product Liability Reform
711(1)
The Major Theories of Product Liability Recovery
712(12)
Express Warranty
713(2)
Daughtrey v. Ashe
714(1)
Implied Warranty of Merchantability
715(2)
Keaton v. A. B. C. Drug Co.
716(1)
Implied Warranty of Fitness
717(2)
Trans-Aire International Inc. v. Northern Adhesive Co.
718(1)
Negligence
719(2)
Ciardello v. Maxfli
720(1)
Strict Liability
721(3)
West v. Searle & Co.
722(2)
Other Theories of Recovery
724(1)
Industrywide Liability
724(1)
A Transitional Note
725(1)
Damages
725(3)
Types of Damages
725(1)
Damages Under the UCC
726(1)
Tort Reform Measures
726(2)
Spindler v. North Central Harvestore, Inc.
727(1)
Who Can Recover Against Whom? The No-Privity Defense
728(2)
Privity Under the UCC
729(1)
Privity in Negligence and Section 402A Cases
730(1)
Liability Disclaimers
730(5)
The Easy Cases: Express Warranty Disclaimers, Negligence, and Section 402A Disclaimers
731(1)
Implied Warranty Disclaimers
731(4)
Myers v. A.O. Smith Harvestore Products, Inc.
733(2)
Remedy Limitations
735(2)
Construction Associates Inc. v. Fargo Water Equipment Company
736(1)
Timing Provisions
737(1)
Statutes of Limitations
737(1)
Statutes of Repose
738(1)
Defenses Involving the Plaintiff's Behavior
738(3)
The Traditional Defenses
738(1)
The Movement Toward Comparative Fault
739(2)
Jiminez v. Sears Roebuck and Company
740(1)
Chapter Summary
741(1)
Manager's Ethical Dilemma
741(1)
Internet Exercises
742(1)
Discussion Questions
742(1)
Suggested Readings
743(2)
25 Environmental Law
745
Positive Law Ethical Problems
745(1)
The Environmental Ethic
746(4)
An Improvement in Calculating Gross Domestic Product (GDP)
750(1)
Overview of Environment Law
750(1)
The Principal Actors or Institutions
751(1)
The National Environment Policy Act (NEPA)
751(7)
Environmental Rights
752(1)
Environmental Impact Statements
752(6)
National Audubon Society v. Hoffman
765
The Clean Water Act
758(6)
Midcourse Corrections
759(1)
Criticisms
759(2)
Enforcement
761(2)
U.S. v. Frezzo Brothers, Inc.
761(2)
The 1987 Amendments to the Clean Water Act
763(1)
The Clean Air Act
764(14)
Pre-Federal Air Pollution Control
764(1)
Federal Air Pollution Control
764(1)
1965 Amendments
764(1)
1967 Amendments
764(1)
1970 Amendments
764(3)
Pollutants Covered
767(1)
Basic Concepts
767(1)
Enforcement
768(3)
Commonwealth of Virginia v. U.S.
768(3)
1977 Amendments
771(1)
Air Pollution Costs and Benefits
772(4)
Chevron v. National Resources Defense Council
773(2)
United States v. Haney Chevrolet, Inc.
775(1)
1990 Amendments to the Clean Air Act
776(2)
Solid Waste: Resource Conservation and Recovery Act of 1976 (RCRA)
778(3)
Goals
779(1)
Implementation
779(1)
Sanctions
779(2)
United States v. Johnson & Towers, Inc.
780(1)
Toxic Substances Control Act (TOSCA)
781(2)
Control of Toxic Chemicals
781(1)
Criticisms of the TOSCA
782(1)
Nuclear Waste Policy Act
783(3)
Nuclear Resources Defense Council v. U.S.E.P.A.
784(2)
Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA)
786(6)
U.S. v. Fleet Factors Corp.
788(3)
Amending CERCLA
791(1)
Endangered Species Act
792(1)
Stages in Environmental Law
792(2)
Window Dressing
793(1)
Hue and Cry
793(1)
Hard Look
793(1)
Practical Effects
793(1)
Chapter Summary
794(1)
Manager's Ethical Dilemma
795(1)
Internet Exercises
796(1)
Discussion Questions
796(1)
Suggested Readings
797
Appendix I The Constitution of the United States of America A-1
Appendix II Administrative Procedure Act A-12
Appendix III The Sherman Act A-34
Appendix IV The Clayton Act A-35
Appendix V The Robinson-Patman Act A-40
Appendix VI The Federal Trade Commission Act A-42
Appendix VII The National Labor Relations Act A-43
Appendix VIII Title VII of the Civil Rights Act of 1964 A-51
Appendix IX Sections 402A and 402B of the Restatement (Second) of Torts A-54
Appendix X Uniform Commercial Code A-55
Glossary G-1
Index I-1

An electronic version of this book is available through VitalSource.

This book is viewable on PC, Mac, iPhone, iPad, iPod Touch, and most smartphones.

By purchasing, you will be able to view this book online, as well as download it, for the chosen number of days.

Digital License

You are licensing a digital product for a set duration. Durations are set forth in the product description, with "Lifetime" typically meaning five (5) years of online access and permanent download to a supported device. All licenses are non-transferable.

More details can be found here.

A downloadable version of this book is available through the eCampus Reader or compatible Adobe readers.

Applications are available on iOS, Android, PC, Mac, and Windows Mobile platforms.

Please view the compatibility matrix prior to purchase.