This comprehensive business law text which features briefed cases combines traditional business law coverage with solid treatment of regulatory topics. It meets both AACSB legal environment and CPA exam preparation requirements. Rather than stress the mechanics of law,Clark/Aalberts/Kinder conveys the complexity of the blend of factors that occurs when law is made and applied in resolving disputes. An easy-to-read style spares the students the impenetrable prose of other business law texts. Liberal use of flowcharts,diagrams,charts,briefed cases,and samples of legal instruments helps students learn. Cases are followed by insightful commentaries of sometimes controversial topics and present and analyze the actual political,economic,social,and ethical forces that caused the conflict. A new co-author,Robert J. Aalberts,has been added for the fourth edition. The revision has more chapter problems and 67 new cases. The chapter on "bailments," which had been removed in the previous edition,has been returned to Part V on property. A unique new "A Note to CPA Candidates" at the end of every chapter provides invaluable insights and perspective on what the exam's emphasis and trends have been.
Table of Cases.
PART I: LAW AND SOCIETY.
1. An Introduction to American Law.
2. Ethics and Dispute Resolution.
3. The Constitution and Government Regulation of Business.
5. Criminal Law. Part I Problems.
PART II: CONTRACTS.
9. Lack of Consent, Incapacity, and Illegality.
10. Written Contracts and Their Interpretation.
11. Third Parties.
12. Performance and Remedies for Nonperformance.
Part II Appendix.
Part II Problems.
PART III: AGENCY AND EMPLOYMENT.
13. The Relationship between Principal and Agent.
14. The Liability of Principles and Agents to Third Parties.
15. Employee Rights and Benefits. Part III Problems.
PART IV: BUSINESS ORGANIZATIONS.
16. Forming and Managing Partnerships.
17. Partnerships Relations with Third Parties and Dissolution.
18. Limited Partnership.
19. Forming and Financing Corporations.
20. Operating Corporations.
21. Shareholders and Extraordinary Transactions.