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Smith And Roberson's Business Law

ISBN: 9780324204865 | 0324204868
Edition: 13th
Format: Paperback
Publisher: South-Western College/West
Pub. Date: 3/1/2005

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SummaryTable of Contents
SMITH AND ROBERSON'S BUSINESS LAW is an updated classic that features a comprehensive presentation of business law topics, end-of-chapter cases with edited facts and decisions to preserve the language of the court, and topics that reflect AACSB guidelines. This is the most complete and credible business law book available, and has a long tradition of accuracy and comprehensiveness, while keeping up-to-date edition after edition by consistently incorporating the latest issues and topics.
Prefacexiv
Table of Cases
xvii
Table of Illustrations
xxi
PART 1 The Le... MORE
1(156)
Introduction to Law
2(12)
Nature of Law
2(2)
Classification of Law
4(1)
Sources of Law
5(4)
Legal Analysis
9(5)
Chapter Summary
10(1)
Case
11(2)
Questions
13(1)
Business Ethics and the Social Responsibility of Business
14(23)
Law versus Ethics
15(1)
Ethical Theories
15(3)
Ethical Standards in Business
18(1)
Ethical Responsibilities of Business
19(7)
Chapter Summary
22(2)
Cases
24(1)
Questions
24(1)
Problems
24(2)
Business Ethics Cases
26(11)
Civil Dispute Resolution
37(25)
The Court System
37(1)
The Federal Courts
37(2)
State Courts
39(1)
Jurisdiction
40(1)
Subject Matter Jurisdiction
40(2)
Jurisdiction over the Parties
42(2)
Civil Dispute Resolution
44(1)
Civil Procedure
44(4)
Alternative Dispute Resolution
48(14)
Chapter Summary
51(2)
Cases
53(6)
Questions
59(1)
Problems
59(3)
Constitutional Law
62(22)
Basic Principles of Constitutional Law
63(1)
Powers of Government
64(2)
Limitations on Government
66(18)
Chapter Summary
71(1)
Cases
72(10)
Questions
82(1)
Problems
82(2)
Administrative Law
84(15)
Operation of Administrative Agencies
85(2)
Limits on Administrative Agencies
87(12)
Chapter Summary
90(1)
Cases
90(7)
Questions
97(1)
Problems
97(2)
Criminal Law
99(16)
Nature of Crimes
99(3)
White-Collar Crime
102(1)
Crimes Against Business
103(2)
Defenses to Crimes
105(1)
Criminal Procedure
105(10)
Chapter Summary
108(1)
Cases
109(3)
Questions
112(1)
Problems
112(3)
Intentional Torts
115(21)
Intent
116(1)
Harm to the Person
116(2)
Harm to the Right of Dignity
118(2)
Harm to Property
120(1)
Harm to Economic Interests
121(1)
Defenses to Intentional Torts
122(14)
Chapter Summary
123(1)
Cases
124(8)
Questions
132(1)
Problems
133(3)
Negligence and Strict Liability
136(21)
Negligence
136(1)
Breach of Duty of Care
137(4)
Proximate Cause
141(1)
Injury
142(1)
Defenses to Negligence
142(1)
Strict Liability
143(1)
Activities Giving Rise to Strict Liability
144(1)
Defenses to Strict Liability
145(12)
Chapter Summary
146(1)
Cases
147(7)
Questions
154(1)
Problems
155(2)
PART 2 Contracts
157(168)
Introduction to Contacts
158(14)
Development of the Law of Contracts
158(2)
Definition of a Contract
160(1)
Requirements of a Contract
160(1)
Classification of Contracts
161(2)
Promissory Estoppel
163(1)
Quasi Contracts
163(9)
Chapter Summary
164(1)
Cases
165(5)
Questions
170(1)
Problems
170(2)
Mutual Assent
172(18)
Offer
172(1)
Essentials of an Offer
173(2)
Duration of Offers
175(2)
Acceptance
177(1)
Communication of Acceptance
177(1)
Variant Acceptances
178(12)
Chapter Summary
180(1)
Cases
181(5)
Questions
186(1)
Problems
187(3)
Conduct Invalidating Assent
190(18)
Duress
190(1)
Undue Influence
191(1)
Fraud
191(2)
Nonfraudulent Misrepresentation
193(1)
Mistake
194(14)
Chapter Summary
195(1)
Cases
196(8)
Questions
204(1)
Problems
204(4)
Consideration
208(17)
Legal Sufficiency
208(4)
Bargained-For Exchange
212(1)
Contracts without Consideration
213(12)
Chapter Summary
214(2)
Cases
216(6)
Questions
222(1)
Problems
222(3)
Illegal Bargains
225(14)
Violations of Statutes
225(2)
Violations of Public Policy
227(2)
Effect of Illegality
229(10)
Chapter Summary
230(1)
Cases
231(5)
Questions
236(1)
Problems
236(3)
Contractual Capacity
239(14)
Minors
239(2)
Incompetent Persons
241(1)
Intoxicated Persons
242(11)
Chapter Summary
243(1)
Cases
243(7)
Questions
250(1)
Problems
250(3)
Contracts in Writing
253(22)
Statute of Frauds
253(1)
Contracts within the Statute of Frauds
254(4)
Compliance with the Statute of Frauds
258(1)
Effect of Noncompliance
259(1)
Parol Evidence Rule
260(1)
The Rule
260(1)
Situations to Which the Rule Does Not Apply
260(1)
Supplemental Evidence
261(1)
Interpretation of Contracts
261(14)
Chapter Summary
263(2)
Cases
265(6)
Questions
271(1)
Problems
271(4)
Third Parties to Contracts
275(16)
Assignment of Rights
275(3)
Delegation of Duties
278(1)
Third-Party Beneficiary Contracts
279(12)
Chapter Summary
281(1)
Cases
282(6)
Questions
288(1)
Problems
288(3)
Performance, Breach, and Discharge
291(15)
Conditions
291(2)
Discharge by Performance
293(1)
Discharge by Breach
293(1)
Discharge by Agreement of the Parties
294(1)
Discharge by Operation of Law
295(11)
Chapter Summary
297(1)
Cases
298(5)
Questions
303(1)
Problems
303(3)
Contract Remedies
306(19)
Interests Protected by Contract Remedies
306(1)
Monetary Damages
306(4)
Remedies in Equity
310(1)
Restitution
311(1)
Limitations on Remedies
312(13)
Chapter Summary
313(1)
Cases
314(8)
Questions
322(1)
Problems
322(3)
PART 3 Agency
325(44)
Relationship of Principal and Agent
326(21)
Nature of Agency
326(1)
Creation of Agency
327(2)
Duties of Agent to Principal
329(1)
Duties of Principal to Agent
330(2)
Termination of Agency
332(15)
Chapter Summary
334(1)
Cases
335(9)
Questions
344(1)
Problems
344(3)
Relationship with Third Parties
347(22)
Relationship of Principal and Third Persons
347(1)
Contract Liability of the Principal
347(6)
Tort Liability of the Principal
353(3)
Criminal Liability of the Principal
356(1)
Relationship of Agent and Third Persons
356(1)
Contract Liability of Agent
356(2)
Tort of Liability of Agent
358(1)
Rights of Agent Against Third Person
358(11)
Chapter Summary
358(2)
Cases
360(6)
Questions
366(1)
Problems
366(3)
PART 4 Sales
369(112)
Introduction to Sales and Leases
370(22)
Nature of Sales and Leases
371(1)
Definitions
371(2)
Fundamental Principles of Article 2 and Article 2A
373(2)
Formation of Sales and Lease Contracts
375(1)
Manifestation of Mutual Assent
375(4)
Consideration
379(1)
Form of the Contract
379(13)
Chapter Summary
381(2)
Cases
383(6)
Questions
389(1)
Problems
389(3)
Performance
392(21)
Performance by the Seller
392(5)
Performance by the Buyer
397(2)
Obligations of Both Parties
399(14)
Chapter Summary
402(1)
Cases
403(6)
Questions
409(1)
Problems
409(4)
Transfer of Title and Risk of Loss
413(19)
Transfer of Title
413(4)
Risk of Loss
417(3)
Sales of Goods in Bulk
420(12)
Chapter Summary
422(1)
Cases
423(6)
Questions
429(1)
Problems
429(3)
Products Liability: Warranties and Strict Liability in Tort
432(27)
Warranties
432(1)
Types of Warranties
433(2)
Obstacles to Warranty Actions
435(3)
Strict Liability in Tort
438(1)
Requirements of Strict Liability
439(2)
Obstacles to Recovery
441(2)
Restatements of Torts (Third): Products Liability
443(16)
Chapter Summary
444(2)
Cases
446(9)
Questions
455(1)
Problems
455(4)
Sales Remedies
459(22)
Remedies of the Seller
460(3)
Remedies of the Buyer
463(4)
Contractual Provisions Affecting Remedies
467(14)
Chapter Summary
469(2)
Cases
471(7)
Questions
478(1)
Problems
478(3)
PART 5 Negotiable Instruments
481(94)
Form and Content
482(15)
Negotiability
483(1)
Types of Negotiable Instruments
484(1)
Formal Requirements of Negotiable Instruments
485(12)
Chapter Summary
490(1)
Cases
491(3)
Questions
494(1)
Problems
494(3)
Transfer
497(16)
Negotiation
497(3)
Indorsements
500(13)
Chapter Summary
503(1)
Cases
504(6)
Questions
510(1)
Problems
510(3)
Holder in Due Course
513(21)
Requirements of a Holder in Due Course
513(5)
Holder in Due Course Status
518(1)
The Preferred Position of a Holder in Due Course
518(4)
Limitations Upon Holder in Due Course Rights
522(12)
Chapter Summary
523(1)
Cases
524(7)
Questions
531(1)
Problems
531(3)
Liability of Parties
534(20)
Contractual Liability
534(1)
Signature
535(1)
Liability of Primary Parties
535(1)
Liability of Secondary Parties
536(3)
Termination of Liability
539(1)
Liability Based on Warranty
540(1)
Warranties on Transfer
540(1)
Warranties on Presentment
541(13)
Chapter Summary
543(2)
Cases
545(7)
Questions
552(1)
Problems
552(2)
Bank Deposits, Collections, and Funds Transfers
554(21)
Bank Deposits and Collections
554(1)
Collection of Items
555(3)
Relationship Between Payor Bank and Its Customer
558(2)
Electronic Funds Transfers
560(1)
Types of Electronic Funds Transfers
560(1)
Consumer Funds Transfers
561(1)
Wholesale Funds Transfers
562(13)
Chapter Summary
564(2)
Cases
566(6)
Questions
572(1)
Problems
572(3)
PART 6 Unincorporated Business Associations
575(70)
Formation and Internal Relations of General Partnerships
576(21)
Choosing a Business Association
576(1)
Factors Affecting the Choice
577(1)
Forms of Business Associations
578(2)
Formation of General Partnerships
580(1)
Nature of Partnership
580(1)
Formation of a Partnership
581(3)
Relationships Among Partners
584(1)
Duties Among Partners
584(2)
Rights Among Partners
586(11)
Chapter Summary
589(2)
Cases
591(3)
Questions
594(1)
Problems
595(2)
Operation and Dissolution of General Partnerships
597(27)
Relationship of Partnership and Partners with Third Parties
597(1)
Contracts of Partnership
597(3)
Torts and Crimes of Partnership
600(1)
Notice to a Partner
601(1)
Liability of Incoming Partner
601(1)
Dissociation and Dissolution of General Partnerships under RUPA
601(1)
Dissociation
601(1)
Dissolution
602(2)
Dissociation without Dissolution
604(2)
Dissolution of General Partnerships under UPA
606(1)
Dissolution
606(1)
Winding Up
607(1)
Continuation after Dissolution
608(16)
Chapter Summary
609(2)
Cases
611(9)
Questions
620(1)
Problems
620(4)
Limited Partnerships and Limited Liability Companies
624(21)
Limited Partnerships
624(5)
Limited Liability Companies
629(3)
Other Types of Unincorporated Business Associations
632(13)
Chapter Summary
634(3)
Cases
637(5)
Questions
642(1)
Problems
642(3)
PART 7 Corporations
645(94)
Nature, Formation, and Powers
646(24)
Nature of Corporations
647(1)
Corporate Attributes
647(1)
Classification of Corporations
648(2)
Formation of a Corporation
650(1)
Organizing the Corporation
650(1)
Formalities of Incorporation
651(1)
Recognition or Disregard of Corporateness
652(2)
Defective Incorporation
654(1)
Piercing the Corporate Veil
655(1)
Corporate Powers
656(1)
Sources of Corporate Powers
656(1)
Ultra Vires Acts
657(1)
Liability for Torts and Crimes
657(13)
Chapter Summary
657(3)
Cases
660(7)
Questions
667(1)
Problems
667(3)
Financial Structure
670(21)
Debt Securities
671(1)
Authority to Use Debt Securities
671(1)
Types of Debt Securities
671(1)
Equity Securities
671(1)
Issuance of Shares
672(2)
Classes of Shares
674(2)
Dividends and Other Distributions
676(1)
Types of Dividends and Other Distributions
676(1)
Legal Restrictions on Dividends and Other Distributions
677(2)
Declaration and Payment of Distributions
679(1)
Liability for Improper Dividends and Distributions
679(12)
Chapter Summary
680(2)
Cases
682(6)
Questions
688(1)
Problems
688(3)
Management Structure
691(31)
Corporate Governance
691(2)
Role of Shareholders
693(1)
Voting Rights of Shareholders
694(3)
Enforcement Rights of Shareholders
697(1)
Role of Directors and Officers
698(1)
Function of the Board of Directors
699(1)
Election and Tenure of Directors
700(1)
Exercise of Directors' Functions
700(1)
Officers
701(1)
Duties of Directors and Officers
702(20)
Chapter Summary
706(1)
Cases
707(11)
Questions
718(1)
Problems
719(3)
Fundamental Changes
722(17)
Charter Amendments
722(1)
Combinations
723(3)
Dissolution
726(13)
Chapter Summary
728(1)
Cases
729(8)
Questions
737(1)
Problems
737(2)
PART 8 Debtor and Creditor Relations
739(58)
Secured Transactions and Suretyship
740(32)
Secured Transactions in Personal Property
740(1)
Essentials of Secured Transactions
741(1)
Classification of Collateral
741(2)
Attachment
743(2)
Perfection
745(4)
Priorities Among Competing Interests
749(4)
Default
753(2)
Suretyship
755(1)
Nature and Formation
755(2)
Rights of Surety
757(1)
Defenses of Surety and Principal Debtor
758(14)
Chapter Summary
759(4)
Cases
763(5)
Questions
768(1)
Problems
769(3)
Bankruptcy
772(25)
Federal Bankruptcy Law
772(1)
Case Administration---Chapter 3
773(1)
Creditors, the Debtor, and the Estate---Chapter 5
774(5)
Liquidation---Chapter 7
779(2)
Reorganization---Chapter 11
781(2)
Adjustment of Debts of Individuals---Chapter 13
783(1)
Creditors' Rights and Debtor's Relief Outside of Bankruptcy
784(1)
Creditors' Rights
784(1)
Debtor's Relief
785(12)
Chapter Summary
786(2)
Cases
788(6)
Questions
794(1)
Problems
794(3)
PART 9 Regulation of Business
797(206)
Protection of Intellectual Property
798(20)
Trade Secrets
798(1)
Trade Symbols
799(3)
Trade Names
802(1)
Copyrights
802(2)
Patents
804(14)
Chapter Summary
806(1)
Cases
807(8)
Questions
815(1)
Problems
815(3)
Antitrust
818(23)
Sherman Act
818(5)
Clayton Act
823(2)
Robinson-Patman Act
825(1)
Federal Trade Commission Act
826(15)
Chapter Summary
828(1)
Cases
829(8)
Questions
837(1)
Problems
837(4)
Consumer Protection
841(26)
State and Federal Consumer Protection Agencies
841(3)
Consumer Purchases
844(3)
Consumer Credit Transactions
847(4)
Creditors' Remedies
851(16)
Chapter Summary
852(2)
Cases
854(10)
Questions
864(1)
Problems
864(3)
Employment Law
867(29)
Labor Law
867(2)
Employment Discrimination Law
869(5)
Employee Protection
874(22)
Chapter Summary
879(1)
Cases
880(12)
Questions
892(1)
Problems
893(3)
Securities Regulation
896(30)
Securities Act of 1933
897(1)
Definition of a Security
897(1)
Registration of Securities
898(1)
Exempt Securities
899(1)
Exempt Transactions for Issuers
900(3)
Exempt Transactions for Non-issuers
903(1)
Liability
903(2)
Securities Exchange Act of 1934
905(1)
Disclosure
906(3)
Liability
909(17)
Chapter Summary
914(2)
Cases
916(7)
Questions
923(1)
Problems
923(3)
Accountants' Legal Liability
926(12)
Common Law
926(3)
Federal Securities Law
929(9)
Chapter Summary
931(2)
Cases
933(3)
Questions
936(1)
Problems
936(2)
Environmental Law
938(22)
Common Law Actions for Environmental Damage
938(1)
Nuisance
938(1)
Trespass to Land
939(1)
Strict Liability for Abnormally Dangerous Activities
939(1)
Problems Common to Private Causes of Action
939(1)
Federal Regulation of the Environment
939(1)
The National Environmental Policy Act
940(1)
The Clean Air Act
941(2)
The Clean Water Act
943(1)
Hazardous Substances
944(4)
International Protection of the Ozone Layer
948(12)
Chapter Summary
948(2)
Cases
950(7)
Questions
957(1)
Problems
958(2)
International Business Law
960(17)
The International Environment
960(2)
Jurisdiction over Actions of Foreign Governments
962(1)
Transacting Business Abroad
963(3)
Forms of Multinational Enterprises
966(11)
Chapter Summary
967(2)
Cases
969(5)
Questions
974(1)
Problems
974(3)
Cyber Law
977(26)
Defamation
977(1)
Intellectual Property
978(4)
Contracts and Sales
982(2)
Privacy and the Internet
984(2)
Securities Regulation
986(1)
Cybercrime
987(16)
Chapter Summary
988(2)
Cases
990(11)
Questions
1001(1)
Problems
1001(2)
PART 10 Property
1003
Introduction to Property, Property Insurance, Bailments, and Documents of Title
1004(24)
Introduction to Property
1004(1)
Kinds of Property
1004(2)
Transfer of Title to Personal Property
1006(1)
Property Insurance
1007(1)
Fire and Property Insurance
1008(1)
Nature of Insurance Contracts
1009(2)
Bailments and Documents of Title
1011(1)
Bailments
1011(3)
Documents of Title
1014(14)
Chapter Summary
1016(3)
Cases
1019(4)
Questions
1023(1)
Problems
1023(5)
Interests in Real Property
1028(20)
Freehold Estates
1028(2)
Leasehold Estates
1030(4)
Concurrent Ownership
1034(2)
Nonpossessory Interests
1036(12)
Chapter Summary
1037(2)
Cases
1039(6)
Questions
1045(1)
Problems
1046(2)
Transfer and Control of Real Property
1048(17)
Transfer of Real Property
1048(1)
Contract of Sale
1048(1)
Deeds
1049(2)
Secured Transactions
1051(1)
Adverse Possession
1052(1)
Public and Private Controls
1052(1)
Zoning
1053(1)
Eminent Domain
1054(1)
Private Restrictions upon Land Use
1054(11)
Chapter Summary
1055(2)
Cases
1057(5)
Questions
1062(1)
Problems
1062(3)
Trusts and Decedents' Estates
1065
Trusts
1065(1)
Types of Trusts
1065(2)
Creation of Trusts
1067(1)
Termination of a Trust
1068(1)
Decedents' Estates
1069(1)
Wills
1069(3)
Intestate Succession
1072(1)
Administration of Estates
1073
Chapter Summary
1074(1)
Cases
1075(6)
Questions
1081(1)
Problems
1081
Appendices
1(158)
Appendix A The Constitution of the United States of America
2(7)
Appendix B Uniform Commercial Code (Selected Provisions)
9(84)
Appendix C Uniform Partnership Act
93(6)
Appendix D Revised Uniform Partnership Act (Selected Provisions)
99(9)
Appendix E Revised Model Business Corporation Act
108(31)
Appendix F Dictionary of Legal Terms
139(20)
Index159

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