Instructor's Solution Manual for Dynamic Business Law The Essentials 5th Edition Nancy Kubasek – PDF Download

INSTRUCTOR MANUAL FOR j j

DynamicjBusinessjLawjThejEssentials,j5thjEdition,jNancyjKubasekjChap
terj1-25

Chapterj1:j AnjIntroductionjtojthejFundamentalsjofjDynamicjBusinessjLawjandjBu
sinessjEthics

1. CHAPTERjOVERVIEW

Chapterj1jlaysjthejfoundationjforjthejtextbook.jThejtextbookjemphasizesjwaysjinjwhichjbusinessjla
wjintersectsjwithjthejsixjfunctionaljareasjofjbusiness.jThroughoutjthejtextbook,jthejauthorsjwilljenco
uragejstudentsjtoj―connectjtojthejcore,‖jandjrememberjthejwaysjinjwhichjlawjintersectsjwithjotherjar
easjofjstudy,jincludingjcorporatejmanagement,jproductionjandjtransportation,jmarketing,jresearchja
ndjdevelopment,jaccountingjandjfinance,jandjhumanjresourcejmanagement.


Thisjmanualjsupportsjthej―connectingjtojthejcore‖jthemejbyjgivingjideasjforjassignmentsjthatjenco
uragejstudentsjtojintegratejtheirjbusinessjlawjknowledgejwithjknowledgejtheyjarejacquiringjfromjth
eirjotherjbusinessjclasses.jThejmanualjalsojencouragesjprofessorsjtojimprovejtheirjteachingjskills.j F
inally,jthejmanualjsuggestsjteachingjideasjforjbothjbeginningjandjexperiencedjteachers.

2. LEARNINGjOBJECTIVES
Afterjreadingjthisjchapter,jstudentsjwilljbejablejtojanswerjthejfollowingjquestions:

1. Whatjisjbusinessjlaw?
2. Howjdoesjbusinessjlawjrelatejtojbusinessjeducation?
3. Whatjarejthejpurposesjofjlaw?
4. Whatjarejalternativejwaysjtojclassifyjlaw?
5. Whatjarejthejsourcesjofjlaw?
6. Whatjarejthejvariousjschoolsjofjjurisprudence?

3. LECTUREjNOTESjWITHjDEFINITIONS

a. Injthejnews…
Teachingjtip:j Forjeachjchapter,jconsiderjaskingjstudentsjtojrelatejcurrentjnewsjitemsjtojmaterialjfr
omjthejchapter.

Injadditionjtojideasjstudentsjcomejupjwithjonjtheirjown,jconsiderjweavingjinjnewsjstoriesjpr
ovidedjbyjthejMcGraw-Hill.j StoriesjarejavailablejviajajMcGraw-
HilljDVD,jandjonjthejpublisher‘sjwebjsite.




1-1
©j2021jMcGraw-HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
j HilljEducation.

,ForjChapterjOne,jMcGraw-Hilljoffersjthejfollowingjstories:

―SmokingjBan:j TobaccojTyrants:jGonejToojFar?jManyjStatesjArejPuttingjStrongerjRestrictionsjo
njWherejYoujCanjSmoke‖
• Havejstatesjgonejtoojfarjinjbanningjsmoking?
• Whosejinterestsjarejstatejlegislaturesjlookingjoutjforjinjbanningjsmoking?

―CollegejOfficerjDealingsjWithjLendersjScrutinized.‖
• Shouldjregulatorsjtakejajmorejcarefuljlookjatjcollegejofficers?
• Whyjcreatedjchangesjinjthejwaysjcollegejofficersjinteractjwithjlenders?


b. Whatjisjbusinessjlaw?
Businessjlawjconsistsjofjthejenforceablejrulesjofjconductjthatjgovernjthejactionsjofjbuyersjandjselle
rsjinjmarketjexchanges.

c. Howjdoesjbusinessjlawjrelatejtojbusinessjeducation?
Businessjlawjappliesjtojthejsixjfunctionaljareasjofjbusiness:
• Management
• Productionjandjtransportation
• Marketing
• Researchjandjdevelopment
• Accountingjandjfinance
• Humanjresourcejmanagement

d. Whatjarejthejpurposesjofjlaw?
• Providingjorder
• Servingjasjanjalternativejtojfighting
• Facilitatingjajsensejthatjchangejisjpossible
• Encouragingjsocialjjustice
• Guaranteeingjpersonaljfreedoms
• Servingjasjajmoraljguide

e. Whatjarejalternativejwaysjtojclassifyjlaw?
Onejwayjtojclassifyjlaw:
Privatejlawjinvolvesjdisputesjbetweenjprivatejindividualsjorjgroups.
Publicjlawjinvolvesjdisputesjbetweenjprivatejindividualsjorjgroupsjandjtheirjgovernment.

Ajsecondjwayjtojclassifyjlaw:
Civiljlawjisjthejbodyjofjlawsjthatjgovernjthejrightsjandjresponsibilitiesjeitherjbetweenjpersonsjorjbe
tweenjpersonsjandjtheirjgovernment.
Criminaljlawjisjthejbodyjofjlawsjthatjinvolvejthejrightsjandjresponsibilitiesjanjindividualjhasjwithjr
espectjtojthejpublicjasjajwhole.




1-2
©j2021jMcGraw-HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
j HilljEducation.

,Teachingjtip:j Askjstudentsjtojgivejanjexamplejofjajfactjsituationjthatjledjtojbothjcriminaljandjciviljl
awsuits,je.g.,jthejO.J.jSimpsonjtrials.

f. Whatjarejthejsourcesjofjlaw?
Sourcesjofjbusinessjlawjare:
1. Constitutions
Constitutionaljlawjrefersjtojthejgeneraljlimitsjandjpowersjofjgovernmentsjasjstatedjinjtheirjwrittenj
constitutions.
2. Statutesjorjlegislativejactions
Statutesjorjlegislativejactionsjreferjtojthejassortmentjofjrulesjandjregulationsjputjforthjbyjlegislatu
res.
3. Cases
Casejlawj(orjcommonjlaw)jisjthejcollectionjofjlegaljinterpretationsjmadejbyjjudges.jPrecedentj
isjajtooljusedjbyjjudgesjtojmakejrulingsjonjcasesjonjthejbasisjofjkeyjsimilaritiesjtojpreviousjcases
.
Starejdecisisjisjajprinciplejstatingjthatjrulingsjmadejinjhigherjcourtsjarejbindingjprecedentjforjlowe
rjcourts.
Teachingjtip:j Thejfirstjtimejyourjstudentsjencounterjanjappellatejcasejinjthejreadings,jshowjthe
mjwhatjstarejdecisisjlooksjlikejinjthejcontextjofjajrealjcase.
4. Administrativejlaw
Administrativejlawjisjthejcollectionjofjrulesjandjdecisionsjmadejbyjadministrativejagenciesjtojfillji
njparticularjdetailsjmissingjfromjconstitutionsjandjstatutes.
5. Treaties
Ajtreatyjisjajbindingjagreementjbetweenjtwojstatesjorjinternationaljorganizations.
6. Executivejorders
Anjexecutivejorderjisjajdirectivejthatjcomesjfromjthejpresidentjorjstatejgovernor.

g. Whatjarejthejvariousjschoolsjofjlegaljinterpretation?
Somejschoolsjofjlegaljinterpretationjinclude:
• IdentificationjwithjthejVulnerable—
jemphasisjonjfairnessjandjlookingjoutjforjthosejwithjthejleastjpower.
• HistoricaljSchool/jTradition—emphasisjonjthejusejofjtraditionsjandjstarejdecisis.
• LegaljRealism—judgesjconsiderjcontextjsuchjasjsocialjandjeconomicjconditions.
• Cost-benefitjAnalysis—
emphasisjisjonjassigningjmonetaryjvaluesjtojcostsjandjbenefitsjofjthejlawjinjorderjtojmakej
calculationsjtojmaximizejthejratiojofjbenefitsjtojcosts.

Teachingjtip:j Considerjusingj―ThejCasejofjthejSpelunceanjExplorersj(linkjbelow)jtojmakejthejsch
oolsjofjjurisprudencejcomejalive.

h. AppendixjonjCriticaljThinkingjandjBusinessjLaw
Criticaljthinkingjincludesjthejapplicationjofjevaluativejstandardsjtojassessjthejqualityjorjthejreasoni
ngjbeingjofferedjtojsupportjthejconclusion.j Criticaljthinkersjwilljfollowjthisjpatternjofjcarefuljthink
ingjwhenjtheyjreadjanjargument:
1. Findjthejfacts.
2. Lookjforejthejissue.




1-3
©j2021jMcGraw-HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
j HilljEducation.

, 3. Identifyjthejjudge‘sjreasonsjandjconclusion.
4. Locatejinjthejdecisionjthejrulesjofjlawjthatjgovernjthejjudge‘sjreasoning.
5. Applyjcriticaljthinkingjtojthejreasoning.j Evaluatejthejreasoning.
• Lookjforjpotentialjambiguity.
• Considerjthejstrengthjofjanalogies.
• Checkjthejqualityjofjthejjudge‘sjreasoning.
• Decidejwhetherjimportantjinformationjisjmissing.
• Considerjthejpossibilityjofjrivaljcauses.


4. TEACHINGj SKILLS:j BLOOM’Sj TAXONOMYj SETSj THEj STAGEj TOjT
HINKjABOUTjTHEjKINDSjOFjQUESTIONSjTOjASKjYOURjSTUDENTS
BenjaminjBloom,jinjhisjTaxonomyjofjEducationaljObjectives,*jdevelopedjajhierarchyjofjcognitive
jfunctions.j Hisjworkjsetsjthejstagejforjteachersjtojunderstandjwhyjitjisjimportantjtojthinkjcarefullyja
boutjthejkindsjofjquestionsjtheyjaskjinjclass.

ThejObjective Samplejquestions
Knowledge • Whatjisjbusinessjlaw?
Lowestjleveljofjlearningjandjisjmostlyjmemory.jT • Whatjarejthejfourjelementsjofjajnegligencejc
hejstudentjrecognizesjandjrecallsjinformation. laim?
Comprehension • Whatjisjyourjunderstandingjofjthejconceptj
Lowestjleveljofjunderstanding.jThejstudentjparap ofjstarejdecisis?
hrasesjorjexplainsjsomething. • Whatjdoesjyourjtextbookjmeanjbyj
deontology?
Application • Howjwouldjajnaturaljlawjthinkerjrespondjt
Studentjdemonstratesjherjunderstandingjofjabstra ojthisjparticularjfactjpattern?
ctjrules,jprinciples,jorjgeneralizationsjbyjusingjthe • Usejajparticularjcasejrulejtojdetermine
mjtojsolvejlife-likejproblems. whetherjthejplaintiffjwilljbejsuccessfuljinjher
jclaim.

Analysis • Providejthejreasoningjforjthejfollowingjst
Studentjbreaksjdownjajcommunicationjtojdiscover atement:jAlljcontractsjdojnotjneedjtojbejinj
jthejhiddenjstructurejasjwelljasjassumptions. writingjtojbejenforceable.
• Breakjdownjajparticularjjudge‘sjopinionjto
understandjthejassumptionsjthejjudgejisjmaki
ng.
Synthesis • Explainjhowjtwojparticularjschoolsjofjlegalji
Studentjcreativelyjcombinesjelementsjandjpartsjt nterpretationjarejrelated.
ojformjajwholejnewjstructure. • Makejajconnectionjbetweenjduressjandji
nsanity.
Evaluation • Identifyjandjexplainjajreasoningjflawjinjthejj
Highestjleveljofjlearning.jStudentjmakesjajcritica udge‘sjargument.
ljjudgmentjaboutjthejvaluejofjthe • Evaluatejthejfollowingjstatement:


*jBENJAMINjBLOOM,jTAXONOMYjOFjEDUCATIONALjOBJECTIVES:jTHEjCLASSIFICA
TIONjOFjEDUCATIONALjGOALSj(1954).


1-4
©j2021jMcGraw-HilljEducation.jAlljrightsjreserved.jNojreproductionjorjdistributionjwithoutjthejpriorjwrittenjconsentjofjMcGraw-
j HilljEducation.