Smith and Roberson's Business Law / Edition 15

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This updated classic features a comprehensive, traditional, black-letter law presentation of business law topics. Also topics that reflect AACSB erquirements are covered, including all topics on the business law portion of the CPA exam. Its uniquely located end-of-chapter cases give excerpted facts and decisions to preserve the language of the court.
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Editorial Reviews

This textbook begins with an overview of the legal environment in which business operates, followed by treatments of fundamental concepts, including contracts, agency, sales, negotiable instruments, unincorporated business associations, corporations, debtor and creditor relations, regulation, and property. Each chapter contains narrative discussions, cases consisting of selected court decisions, and problems. Appendices feature the U.S. Constitution, the Uniform Partnership Act, the Revised Model Business Corporation Act, a dictionary of legal terms, and selections from the Uniform Commercial Code and the Revised Uniform Partnership Act. The authors teach business law at the University of North Carolina at Chapel Hill. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780538473637
  • Publisher: Cengage Learning
  • Publication date: 2/2/2011
  • Edition description: Older Edition
  • Edition number: 15
  • Pages: 1296
  • Sales rank: 341,630
  • Product dimensions: 8.54 (w) x 10.08 (h) x 1.70 (d)

Meet the Author

Richard A. Mann received a B.S. in Mathematics from the University of North Carolina at Chapel Hill and a J.D. from Yale Law School. He is professor of Business Law emeritus at the Kenan-Flagler School of Business, University of North Carolina at Chapel Hill, and is past president of the Southeastern Regional Business Law Association. Professor Mann is a member of Who's Who in America, Who's Who in American Law, and the North Carolina Bar (inactive). Professor Mann has written extensively on a number of legal topics, including bankruptcy, sales, secured transactions, real property, insurance law, and business associations. He has received the AMERICAN BUSINESS LAW JOURNAL'S award both for the best article and for the best comment and has, in addition, served as a reviewer and staff editor for the publication. Professor Mann is a coauthor of BUSINESS LAW AND THE REGULATION OF BUSINESS (Eleventh Edition), SMITH & ROBERSON'S BUSINESS LAW (Sixteenth Edition), and CONTEMPORARY BUSINESS LAW.

Barry S. Roberts received a B.S. in Business Administration from Pennsylvania State University, a J.D. from the University of Pennsylvania, and an LL.M. from Harvard Law School. He served as a judicial clerk for the Pennsylvania Supreme Court prior to practicing law in Pittsburgh. Professor Roberts is currently professor of Business Law at the Kenan-Flagler School of Business, University of North Carolina at Chapel Hill, and is a member of Who's Who in American Law and the North Carolina and Pennsylvania Bars (inactive). He has written numerous articles on such topics as antitrust, products liability, constitutional law, banking law, employment law, and business associations. Professor Roberts has been a reviewer and staff editor for the AMERICAN BUSINESS LAW JOURNAL. He is a coauthor of BUSINESS LAW AND THE REGULATION OF BUSINESS (Eleventh Edition), SMITH & ROBERSON'S BUSINESS LAW (Sixteenth Edition), and CONTEMPORARY BUSINESS LAW.

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Table of Contents

Table of Cases
Table of Illustrations
Pt. 1 The Legal Environment of Business 1
1 Introduction to Law 2
2 Business Ethics and the Social Responsibility of Business 13
3 Legal Process 25
4 Constitutional Law 50
5 Administrative Law 73
6 Criminal Law 85
7 Intentional Torts 100
8 Negligence and Strict Liability 120
Pt. 2 Contracts 143
9 Introduction to Contacts 144
10 Mutual Assent 158
11 Conduct Invalidating Assent 176
12 Consideration 193
13 Illegal Bargains 209
14 Contractual Capacity 223
15 Contracts in Writing 235
16 Third Parties to Contracts 255
17 Performance, Breach, and Discharge 271
18 Contract Remedies 286
Pt. 3 Agency 305
19 Relationship of Principal and Agent 306
20 Relationship with Third Parties 327
Pt. 4 Sales 349
21 Introduction to Sales and Leases 350
22 Performance 372
23 Transfer of Title and Risk of Loss 391
24 Products Liability: Warranties and Strict Liability in Tort 409
25 Sales Remedies 435
Pt. 5 Negotiable Instruments 457
26 Form and Content 458
27 Transfer 473
28 Holder in Due Course 489
29 Liability of Parties 509
30 Bank Deposits, Collections, and Funds Transfers 526
Pt. 6 Unincorporated Business Associations 547
31 Formation and Dissolution of General Partnerships 548
32 Operation of General Partnerships 577
33 Limited Partnerships and Limited Liability Companies 595
Pt. 7 Corporations 615
34 Nature, Formation, and Powers 616
35 Financial Structure 640
36 Management Structure 660
37 Fundamental Changes 689
Pt. 8 Debtor and Creditor Relations 705
38 Secured Transactions and Suretyship 706
39 Bankruptcy 737
Pt. 9 Regulation of Business 759
40 Protection of Intellectual Property 760
41 Antitrust 780
42 Consumer Protection 802
43 Employment Law 823
44 Securities Regulation 851
45 Accountants' Legal Liability 881
46 Environmental Law 892
47 International Business Law 911
48 CyberLaw 927
Pt. 10 Property 951
49 Introduction to Property and Property Insurance 952
50 Bailments and Documents of Title 969
51 Interests in Real Property 984
52 Transfer and Control of Real Property 1003
53 Trusts and Decedents' Estates 1020
App. A The Constitution of the United States of America
App. B Uniform Commercial Code (Selected Provisions)
App. C Uniform Partnership Act
App. D Revised Uniform Partnership Act (Selected Provisions)
App. E Revised Model Business Corporation Act
App. F Dictionary of Legal Terms
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