Solution Manual
Dynamic Business Law: The Essentials,
6th Edition Kubasek, Browne, All Chapters 1-25),
,TABLE OF CONTENTS
jp jp jp
PARTjp1:jpThejpLegaljpEnvironmentjpofjpBusinessjp
Cjph.jp1jpAnjpIntroductionjptojpthejpFundamentalsjpofjpDynamicjpBusinessjpLawjp
Ch.jp2jpBusinessjpEthicsjpandjpSocialjpResponsibilityjp
Ch.jp3jpThejpU.S.jpLegaljpSystemjpandjpAlternativejpDisputejpResolutionjp
Ch.jp4jpAdministrativejpLawjp
Ch.jp5jpConstitutionaljpLawjp
Ch.jp6jpCriminaljpLawjpandjpBusinessjp
Ch.jp7jpTortjpLawjp
Ch.jp8jpReal,jpPersonal,jpandjpIntellectualjpPropertyjp
PARTjp2:jpContractjpLawjp
Ch.jp9jpIntroductionjptojpContractsjpandjpAgreementjp
Ch.jp10jpConsiderationjp
Ch.jp11jpCapacityjpandjpLegalityjp
Ch.jp12jpRealityjpofjpAssentjp
Ch.jp13jpContractsjpinjpWritingjpandjpThird-PartyjpContractsjp
Ch.jp14jpDischargejpandjpRemediesjp
Partjp3:jpDomesticjpandjpInternationaljpSalesjpLawjp
Ch.jp15jpFormationjpandjpPerformancejpofjpSalesjpandjpLeasejpContractsjp
Ch.jp16jpSalesjpandjpLeasejpContracts:jpPerformance,jpWarranties,jpandjpRemediesjp
PARTjp4:jpNegotiablejpInstrumentsjpandjpBankingjp
Ch.jp17jpNegotiablejpInstruments:jpNegotiabilityjpandjpTransferabilityjp
Ch.jp18jpHolderjpinjpDuejpCourse,jpLiability,jpandjpDefensesjp
,PARTjp5:jpCreditors'jpRightsjpandjpBankruptcyjp
Ch.jp19jpSecuredjpTransactionsjpandjpBankruptcyjp
PARTjp6:jpAgencyjp
Ch.jp20jpAgencyjpandjpLiabilityjptojpThirdjpPartiesjp
PARTjp7:jpBusinessjpOrganizationsjp
Ch.jp21jpFormsjpofjpBusinessjpOrganizationjp
Ch.jp22jpCorporations:jpFormationjpandjpOrganizationjp
Ch.jp23jpSecuritiesjpRegulationjp
PARTjp8:jpGovernmentjpRegulationjp
Ch.jp24jpEmploymentjpandjpDiscriminationjpLawjp
Ch.jp25jpConsumerjpLawjp
, Chapterjp1jp-jpAnjpIntroductionjptojpDynamicjpBusinessjpLaw
CHAPTERjpOVERVIEW
ChapterjpOnejplaysjpthejpfoundationjpforjpthejptextbook.jpMakejpsurejpyoujplookjponjpthejppublisher‘sjpwebjp
sitejpforjpinformationjpaboutjphowjpbusinessjplawjpintersectsjpwithjpthejpsixjpfunctionaljpareasjpofjpbusiness.j
pThejpauthorsjpencouragejpstudentsjptojp―connectjptojpthejpcore,‖jpandjprememberjpthejpwaysjpinjpwhichjpl
awjpintersectsjpwithjpotherjpareasjpofjpstudy,jpincludingjpcorporatejpmanagement,jpproductionjpandjptransp
ortation,jpmarketing,jpresearchjpandjpdevelopment,jpaccountingjpandjpfinance,jpandjphumanjpresourcejpma
nagement.
Thisjp manualjp supportsjp thejp ―connectingjp tojp thejp core‖jp themejp byjp givingjp ideasjp forjp assignmentsjp th
atjp encouragejpstudentsjptojpintegratejptheirjpbusinessjplawjpknowledgejpwithjpknowledgejptheyjparejpacqui
ringjpfromjptheirjpotherjpbusinessjpclasses.jpThejpmanualjpalsojpencouragesjpprofessorsjptojpimprovejptheirjp
teachingjpskills.jpFinally,jpthejpmanualjpsuggestsjpteachingjpideasjpforjpbothjpbeginningjpandjpexperiencedjpt
eachers.
LEARNINGjpOBJECTIVES
Afterjpreadingjpthisjpchapter,jpstudentsjpwilljpbejpablejpto:
1-1 Definejpbusinessjplaw.
1-2 Relatejpthejpfunctionaljpareasjpofjpbusinessjptojpthejprelevantjpareasjpofjpbus
inessjplawjp1-3jpRecalljpthejppurposesjpofjplaw.
1-4 Distinguishjpamongjptypesjpofjplaw.
1-5 Differentiatejpbetweenjpsourcesjpofjpthejplaw.
1-6 Identifyjpthejpvariousjpschoolsjpofjpjurisprudence.
LECTUREjpNOTESjpWITHjpDEFINITIONS
Injpthejpnews… Teachingjptip:jpForjpeachjpchapter,jpconsiderjpaskingjpstudentsjptojprelatejpcurren
tjpnewsjpitemsjptojpmaterialjpfromjpthejpchapter.
Inj p additionj p toj p ideasj p studentsj p comej p upj p withj p onj p theirj p own,j p considerj p
weavingj p injpnewsjpstoriesjpprovidedjpbyjpthejpMcGrawjpHill.
ForjpChapterjpOne,jpMcGrawjpHilljpoffersjpthejpfollowingjpstories:
―SmokingjpBan:jpTobaccojpTyrants:jpGonejpToojpFar?jpManyjpStatesjpArejpPuttingj
pStrongerjpRestrictionsjponjpWherejpYoujpCanjpSmoke‖
• Havejpstatesjpgonejptoojpfarjpinjpbanningjpsmoking?
Dynamic Business Law: The Essentials,
6th Edition Kubasek, Browne, All Chapters 1-25),
,TABLE OF CONTENTS
jp jp jp
PARTjp1:jpThejpLegaljpEnvironmentjpofjpBusinessjp
Cjph.jp1jpAnjpIntroductionjptojpthejpFundamentalsjpofjpDynamicjpBusinessjpLawjp
Ch.jp2jpBusinessjpEthicsjpandjpSocialjpResponsibilityjp
Ch.jp3jpThejpU.S.jpLegaljpSystemjpandjpAlternativejpDisputejpResolutionjp
Ch.jp4jpAdministrativejpLawjp
Ch.jp5jpConstitutionaljpLawjp
Ch.jp6jpCriminaljpLawjpandjpBusinessjp
Ch.jp7jpTortjpLawjp
Ch.jp8jpReal,jpPersonal,jpandjpIntellectualjpPropertyjp
PARTjp2:jpContractjpLawjp
Ch.jp9jpIntroductionjptojpContractsjpandjpAgreementjp
Ch.jp10jpConsiderationjp
Ch.jp11jpCapacityjpandjpLegalityjp
Ch.jp12jpRealityjpofjpAssentjp
Ch.jp13jpContractsjpinjpWritingjpandjpThird-PartyjpContractsjp
Ch.jp14jpDischargejpandjpRemediesjp
Partjp3:jpDomesticjpandjpInternationaljpSalesjpLawjp
Ch.jp15jpFormationjpandjpPerformancejpofjpSalesjpandjpLeasejpContractsjp
Ch.jp16jpSalesjpandjpLeasejpContracts:jpPerformance,jpWarranties,jpandjpRemediesjp
PARTjp4:jpNegotiablejpInstrumentsjpandjpBankingjp
Ch.jp17jpNegotiablejpInstruments:jpNegotiabilityjpandjpTransferabilityjp
Ch.jp18jpHolderjpinjpDuejpCourse,jpLiability,jpandjpDefensesjp
,PARTjp5:jpCreditors'jpRightsjpandjpBankruptcyjp
Ch.jp19jpSecuredjpTransactionsjpandjpBankruptcyjp
PARTjp6:jpAgencyjp
Ch.jp20jpAgencyjpandjpLiabilityjptojpThirdjpPartiesjp
PARTjp7:jpBusinessjpOrganizationsjp
Ch.jp21jpFormsjpofjpBusinessjpOrganizationjp
Ch.jp22jpCorporations:jpFormationjpandjpOrganizationjp
Ch.jp23jpSecuritiesjpRegulationjp
PARTjp8:jpGovernmentjpRegulationjp
Ch.jp24jpEmploymentjpandjpDiscriminationjpLawjp
Ch.jp25jpConsumerjpLawjp
, Chapterjp1jp-jpAnjpIntroductionjptojpDynamicjpBusinessjpLaw
CHAPTERjpOVERVIEW
ChapterjpOnejplaysjpthejpfoundationjpforjpthejptextbook.jpMakejpsurejpyoujplookjponjpthejppublisher‘sjpwebjp
sitejpforjpinformationjpaboutjphowjpbusinessjplawjpintersectsjpwithjpthejpsixjpfunctionaljpareasjpofjpbusiness.j
pThejpauthorsjpencouragejpstudentsjptojp―connectjptojpthejpcore,‖jpandjprememberjpthejpwaysjpinjpwhichjpl
awjpintersectsjpwithjpotherjpareasjpofjpstudy,jpincludingjpcorporatejpmanagement,jpproductionjpandjptransp
ortation,jpmarketing,jpresearchjpandjpdevelopment,jpaccountingjpandjpfinance,jpandjphumanjpresourcejpma
nagement.
Thisjp manualjp supportsjp thejp ―connectingjp tojp thejp core‖jp themejp byjp givingjp ideasjp forjp assignmentsjp th
atjp encouragejpstudentsjptojpintegratejptheirjpbusinessjplawjpknowledgejpwithjpknowledgejptheyjparejpacqui
ringjpfromjptheirjpotherjpbusinessjpclasses.jpThejpmanualjpalsojpencouragesjpprofessorsjptojpimprovejptheirjp
teachingjpskills.jpFinally,jpthejpmanualjpsuggestsjpteachingjpideasjpforjpbothjpbeginningjpandjpexperiencedjpt
eachers.
LEARNINGjpOBJECTIVES
Afterjpreadingjpthisjpchapter,jpstudentsjpwilljpbejpablejpto:
1-1 Definejpbusinessjplaw.
1-2 Relatejpthejpfunctionaljpareasjpofjpbusinessjptojpthejprelevantjpareasjpofjpbus
inessjplawjp1-3jpRecalljpthejppurposesjpofjplaw.
1-4 Distinguishjpamongjptypesjpofjplaw.
1-5 Differentiatejpbetweenjpsourcesjpofjpthejplaw.
1-6 Identifyjpthejpvariousjpschoolsjpofjpjurisprudence.
LECTUREjpNOTESjpWITHjpDEFINITIONS
Injpthejpnews… Teachingjptip:jpForjpeachjpchapter,jpconsiderjpaskingjpstudentsjptojprelatejpcurren
tjpnewsjpitemsjptojpmaterialjpfromjpthejpchapter.
Inj p additionj p toj p ideasj p studentsj p comej p upj p withj p onj p theirj p own,j p considerj p
weavingj p injpnewsjpstoriesjpprovidedjpbyjpthejpMcGrawjpHill.
ForjpChapterjpOne,jpMcGrawjpHilljpoffersjpthejpfollowingjpstories:
―SmokingjpBan:jpTobaccojpTyrants:jpGonejpToojpFar?jpManyjpStatesjpArejpPuttingj
pStrongerjpRestrictionsjponjpWherejpYoujpCanjpSmoke‖
• Havejpstatesjpgonejptoojpfarjpinjpbanningjpsmoking?