Legal Environment of Business and Online Commerce / Edition 5

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Overview

This up-to-date, best-selling book focuses on how the legal environment impacts business decisions. It fully integrates the AACSB curriculum standards with extensive international, ethical and critical thinking examples throughout.

Cheeseman  examines how the current legal environment, government regulation, and e-commerce environment impact today's business decisions. The cases are cutting edge, exciting, and engaging, and the reasoning of each case is presented in the language of the court. A seven-part organization covers the legal and ethical environment, domestic and international law, traditional contracts and electronic commerce, agency and business organizations, employment and equal opportunity law, regulatory environment, and property and bankruptcy.

For individuals interested in the legalities of business.

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Editorial Reviews

Booknews
Emphasizing the impact of the Internet on business, the judicial adaptation of existing laws to apply to e-commerce, and the efforts of state and federal legislators to regulate the digital economy, this textbook covers commercial, employment, and regulatory matters. Topics include intellectual property law, free-speech rights, fraud, and privacy. Both the domestic and the international climates are discussed. Ethical concerns are presented beside legal ones. Cheeseman teaches business law at the University of Southern California. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780131991095
  • Publisher: Prentice Hall
  • Publication date: 4/3/2006
  • Edition description: 5TH
  • Edition number: 5
  • Pages: 720
  • Product dimensions: 8.72 (w) x 10.80 (h) x 1.24 (d)

Read an Excerpt

Preface

TO THE STUDENTS

Each semester, as I stand up in front of a new group of business majors in my business law class I am struck by the thought that, cases and statutes aside, I know two very important things that they have yet to learn. The first is that I draw as much from them as they do from me. Their youth, enthusiasm, questions, and even the doubts a few of them hold about the relevance of law to their futures, fuel my teaching. They don't know that every time they open their minds to look at a point from a new perspective or critically question something they have taken for granted, I get a wonderful reward for the work that I do.

The other thing I know is that both teaching and learning the law are all about stories. The stories I tell provide the framework on which students will hang everything they learn about the law in my class. It is my hope that long after the facts about the specific language of the cases and statutes have faded, they will retain that framework. Several years from now, "unintentional torts" may draw only a glimmer of recognition with business managers who learn about them as students in my class this year. However, they will likely recall the story of the man who sued Pepsi as a result of impotence caused by a vending machine. The story sticks and gives students the hook on which to hang the concepts.

I remind myself of these two facts every time I sit down to work on writing and revising The Legal and Regulatory Environment, as well. My goal is to present the law in a way that will spur students to ask questions, to go beyond rote memorization. Business law is an evolving outgrowth of itsenvironment, and that environment keeps changing. In addition to the social, ethical, and international contexts I have incorporated in previous editions of The Legal and Regulatory Environment, this third edition adds coverage and emphasis on electronic commerce and entrepreneurship as two vital catalysts to the law and a key part of its environment.

It is my wish that my commitment to these goals shines through in this labor of love, and I hope you have as much pleasure in using it as I have had in creating it for you.

Henry Cheeseman

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Table of Contents

Preface
Unit I Domestic and International Legal Environment 1
1 Nature of Law and Critical Legal Thinking 1
2 Judicial and Alternative Dispute Resolution 21
3 Constitutional Authority to Regulate Business 53
4 International and Comparative Law 87
Unit II Legal and Ethical Environment 115
5 International Torts, Negligence, and Strict Liability 115
6 Product Liability 148
7 Business Crimes and Criminal Law 179
8 Ethics and Social Responsibility of Business 209
Unit III Internet and E-Commerce Environment 229
9 Intellectual Property and Internet Law 229
10 Electronic Commerce and Domain Names 261
Unit IV Commercial Environment 289
11 Traditional and Internet Contracts 289
12 Contract Performance and International Trade 325
13 Entrepreneurship, Franchising, and Licensing 357
14 Partnerships and Limited Liability Companies 385
15 Domestic and Multinational Corporations 417
16 Negotiable Instruments and Bankruptcy 455
Unit V Employment Environment 489
17 Employment Law and Agency 489
18 Labor and Worker Protection Laws 518
19 Equal Opportunity in Employment 544
Unit VI Regulatory Environment 571
20 Administrative Law and Consumer Protection 571
21 Environmental Protection 598
22 Antitrust Law 623
23 Investor Protection and Securities Regulation 654
24 Property and Land Use Control 683
Case Appendix 709
Glossary 731
Case Index 752
Subject Index 757
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Preface

TO THE STUDENTS

Each semester, as I stand up in front of a new group of business majors in my business law class I am struck by the thought that, cases and statutes aside, I know two very important things that they have yet to learn. The first is that I draw as much from them as they do from me. Their youth, enthusiasm, questions, and even the doubts a few of them hold about the relevance of law to their futures, fuel my teaching. They don't know that every time they open their minds to look at a point from a new perspective or critically question something they have taken for granted, I get a wonderful reward for the work that I do.

The other thing I know is that both teaching and learning the law are all about stories. The stories I tell provide the framework on which students will hang everything they learn about the law in my class. It is my hope that long after the facts about the specific language of the cases and statutes have faded, they will retain that framework. Several years from now, "unintentional torts" may draw only a glimmer of recognition with business managers who learn about them as students in my class this year. However, they will likely recall the story of the man who sued Pepsi as a result of impotence caused by a vending machine. The story sticks and gives students the hook on which to hang the concepts.

I remind myself of these two facts every time I sit down to work on writing and revising The Legal and Regulatory Environment, as well. My goal is to present the law in a way that will spur students to ask questions, to go beyond rote memorization. Business law is an evolving outgrowth of its environment, and thatenvironment keeps changing. In addition to the social, ethical, and international contexts I have incorporated in previous editions of The Legal and Regulatory Environment, this third edition adds coverage and emphasis on electronic commerce and entrepreneurship as two vital catalysts to the law and a key part of its environment.

It is my wish that my commitment to these goals shines through in this labor of love, and I hope you have as much pleasure in using it as I have had in creating it for you.

Henry Cheeseman

Read More Show Less

Introduction

TO THE STUDENTS

Each semester, as I stand up in front of a new group of business majors in my business law class I am struck by the thought that, cases and statutes aside, I know two very important things that they have yet to learn. The first is that I draw as much from them as they do from me. Their youth, enthusiasm, questions, and even the doubts a few of them hold about the relevance of law to their futures, fuel my teaching. They don't know that every time they open their minds to look at a point from a new perspective or critically question something they have taken for granted, I get a wonderful reward for the work that I do.

The other thing I know is that both teaching and learning the law are all about stories. The stories I tell provide the framework on which students will hang everything they learn about the law in my class. It is my hope that long after the facts about the specific language of the cases and statutes have faded, they will retain that framework. Several years from now, "unintentional torts" may draw only a glimmer of recognition with business managers who learn about them as students in my class this year. However, they will likely recall the story of the man who sued Pepsi as a result of impotence caused by a vending machine. The story sticks and gives students the hook on which to hang the concepts.

I remind myself of these two facts every time I sit down to work on writing and revising The Legal and Regulatory Environment, as well. My goal is to present the law in a way that will spur students to ask questions, to go beyond rote memorization. Business law is an evolving outgrowth of its environment, and thatenvironment keeps changing. In addition to the social, ethical, and international contexts I have incorporated in previous editions of The Legal and Regulatory Environment, this third edition adds coverage and emphasis on electronic commerce and entrepreneurship as two vital catalysts to the law and a key part of its environment.

It is my wish that my commitment to these goals shines through in this labor of love, and I hope you have as much pleasure in using it as I have had in creating it for you.

Henry Cheeseman

Read More Show Less

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