Original PDF Business Law and The Legal Environment Standard Edition 7th Edition PDF
Original PDF Business Law and The Legal Environment Standard Edition 7th Edition PDF
Appendix A Glossary G1
The Constitution of the United States A1
Table of Cases T1
Appendix B
Uniform Commercial Code (Selected Provisions) B1 Index I1
Appendix C
Answers to Selected End of Chapter Questions C1
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CONTENTS
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vi CONTENTS
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CONTENTS vii
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CONTENTS ix
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x CONTENTS
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CONTENTS xi
23-3 Buyer’s Rights and Obligations 571 24-5b Priority Involving a Purchase Money
23-3a Inspection and Acceptance 571 Security Interest 614
23-4 Seller’s Remedies 573 24-6 Default and Termination 616
23-4a Stop Delivery 574 24-6a Default 616
23-4b Identify Goods to the Contract 574 24-6b Termination 619
23-4c Resale 574
23-4d Damages for Non-Acceptance 575 Chapter Conclusion 619
23-4e Action for the Price 576 Exam Review 620
23-5 Buyer’s Remedies 576 Multiple-Choice Questions 622
23-5a Incidental and Consequential Damages 576 Case Questions 623
23-5b Specific Performance 578 Discussion Questions 624
23-5c Cover 578
23-5d Non-Delivery 579 Chapter 25 Creating a Negotiable
23-5e Acceptance of Non-Conforming Goods 580 Instrument 626
23-5f Liquidated Damages 580 25-1 Commercial Paper 627
25-2 Types of Negotiable Instruments 628
Chapter Conclusion 581 25-3 Negotiability 630
Exam Review 581 25-3a Requirements for Negotiability 631
Multiple-Choice Questions 584 25-3b Interpretation of Ambiguities 633
Case Questions 585 25-4 Negotiation 634
Discussion Questions 587 25-5 Holder in Due Course 636
25-5a Requirements for Being a Holder in
UNIT 5 Due Course 637
25-5b Shelter Rule 640
Additional CPA Topics 589 25-5c Defenses against a Holder in Due
Course 640
Chapter 24 Secured Transactions 590 25-5d Consumer Exception 644
24-1 Article 9: Terms and Scope 591
24-1a Article 9 Vocabulary 591 Chapter Conclusion 645
24-1b Scope of Article 9 592 Exam Review 645
24-2 Attachment of a Security Interest 594 Multiple-Choice Questions 648
24-2a Agreement 595 Case Questions 649
24-2b Control and Possession 595 Discussion Questions 650
24-2c Value 596
24-2d Debtor Rights in the Collateral 596 Chapter 26 Liability for Negotiable
24-2e Attachment to Future Property 597 Instruments 652
24-3 Perfection 597 26-1 Introduction 653
24-3a Nothing Less than Perfection 597 26-1a The Contract versus the Instrument 653
24-3b Perfection by Filing 598 26-1b Enforcing an Instrument 654
24-3c Perfection by Possession or Control 602 26-1c Primary versus Secondary Liability 654
24-3d Perfection of Consumer Goods 604 26-1d The Payment Process 655
24-3e Perfection of Movable Collateral and 26-2 Signature Liability 655
Fixtures 606 26-2a Maker 655
24-4 Protection of Buyers 607 26-2b Drawer 656
24-4a Buyers in Ordinary Course of Business 608 26-2c Drawee 656
24-4b Buyers of Consumer Goods 609 26-2d Indorser 657
24-4c Buyers of Chattel Paper, Instruments, 26-2e Accommodation Party 658
and Documents 610 26-2f Agent 659
24-4d Liens 611 26-3 Warranty Liability 661
24-5 Priorities among Creditors 612 26-3a Basic Rules of Warranty Liability 661
24-5a Filing versus Control or Possession 613 26-3b Transfer Warranties 662
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xii CONTENTS
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CONTENTS xiii
29-5 Financial Protection 749 30-8 Discrimination on the Basis of Disability 783
29-5a Fair Labor Standards Act: Minimum 30-8a The Rehabilitation Act of 1973 783
Wage, Overtime, and Child Labor 750 30-8b Americans with Disabilities Act 783
29-5b Workers’ Compensation 750 30-9 Genetic Information Nondiscrimination Act 787
29-5c Health Insurance 751 30-10 Hiring Practices 788
29-5d Social Security 751 30-10a Interviews 788
29-5e Pension Benefits 751 30-10b Social Media 789
29-6 Labor Unions 751 30-11 Enforcement 789
29-6a Key Pro-Union Statutes 752 30-11a Constitutional Claims 789
29-6b Labor Unions Today 753 30-11b The Civil Rights Act of 1866 789
29-7 Organizing a Union 753 30-11c The Rehabilitation Act of 1973 789
29-7a Exclusivity 753 30-11d Other Statutory Claims 790
29-7b Organizing: Stages 753
29-7c Organizing: Actions 754 Chapter Conclusion 790
29-8 Collective Bargaining 755 Exam Review 791
29-9 Concerted Action 756 Multiple-Choice Questions 795
29-9a Strikes 756 Case Questions 796
29-9b Replacement Workers 756 Discussion Questions 797
29-9c Picketing 757
29-9d Lockouts 757
UNIT 7
Chapter Conclusion 757 Business Organizations 799
Exam Review 757
Multiple-Choice Questions 761 Chapter 31 Starting a Business: LLCs
Case Questions 762 and Other Options 800
Discussion Questions 763 31-1 Sole Proprietorships 801
31-2 Corporations 802
Chapter 30 Employment Discrimination 765 31-2a Corporations in General 802
30-1 Introduction 766 31-2b Special Types of Corporations 804
30-2 The United States Constitution 767 31-3 Limited Liability Companies 806
30-3 Civil Rights Act of 1866 767 31-3a Formation 807
30-4 Equal Pay Act of 1963 767 31-3b Flexibility 808
30-5 Title VII of the Civil Rights Act of 1964 767 31-3c Transferability of Interests 808
30-5a Prohibited Activities 767 31-3d Duration 808
30-5b Religion 774 31-3e Going Public 809
30-5c Sex 775 31-3f Changing Forms 809
30-5d Attractiveness 775 31-3g Piercing the Company Veil 809
30-5e Family Responsibility 31-3h Legal Uncertainty 810
Discrimination 777 31-3i Choices: LLC v. Corporation 810
30-5f Sexual Orientation 777 31-4 Social Enterprises 811
30-5g Gender Identity and Expression 777 31-5 General Partnerships 812
30-5h Background and Credit Checks 778 31-5a Tax Status 812
30-5i Immigration 778 31-5b Liability 812
30-5j Defenses to Charges of Discrimination 778 31-5c Formation 813
30-6 Pregnancy Discrimination Act 780 31-5d Management 813
30-7 Age Discrimination in Employment Act 780 31-5e Raising Capital 813
30-7a Disparate Treatment 780 31-5f Transfer of Ownership 813
30-7b Disparate Impact 782 31-5g Dissociation 813
30-7c Hostile Work Environment 782 31-6 Limited Liability Partnerships 814
30-7d Bona Fide Occupational 31-7 Professional Corporations 814
Qualification 782 31-8 Joint Ventures 815
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xiv CONTENTS
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CONTENTS xv
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xvi CONTENTS
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CONTENTS xvii
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PREFACE
Looking for more examples for class? Find all the latest developments on our blog at
bizlawupdate.com. To be notified when we post updates, just “like” our Facebook page at
Beatty Business Law or follow us on Twitter @bizlawupdate.
International Law
In a global world, students clamor for more international law and many schools require
coverage of international issues in every course. The international law chapter has been
completely rewritten to provide students with an understanding of the basic structure and
impact of international law. It includes a discussion of: (1) how international law is created,
(2) major treaties and other sources of international law, (3) the world’s different legal
systems, (4) the application of U.S. law overseas, and (5) the enforceability of foreign laws
and treaties in the United States.
A Focus on Students
We have increased coverage of topics that are of particular interest to students, such as social
media and technology. Also, the bankruptcy chapter includes a new section on student
loans. The Crime chapter explores the application of constitutional standards of privacy
to new technology such as DNA tests, digital cameras, social media, cellphones, and
computers. The consumer law chapter looks at the legal issues raised when students spend
money through direct debit, ATM cards, and prepaid debit cards.
xix
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xx PREFACE
different activities: Worksheets that test basic knowledge of the chapter; Brief Hypotheti-
cals that require students to apply what they have learned; Video Activities that reinforce
course concepts; and Case Problem Blueprints that require critical thinking skills. As an
assurance to you, we (the authors) have reviewed every question in the MindTap product to
ensure that it meets the high standards of our book.
When students are assigned (and required) to complete the MindTap Worksheet ques-
tions prior to class, they will be prepared for class discussions and you will know the topics
with which they struggle. Recent research indicates that students who are pretested in this
way learn the material more fully and perform better on final exams.
MindTap guides students through their course with ease and engagement. Instructors
can personalize the prebuilt Learning Path by customizing Cengage Learning resources and
adding their own content via apps that integrate into the MindTap framework seamlessly
with Learning Management Systems.
We recognize that the online experience is as important to the students—and you—as
the book itself. Each and every item in the Learning Path is assignable and gradable. This
gives instructors the knowledge of class standings and concepts that may be difficult.
Additionally, students gain knowledge about where they stand—both individually and
compared to the highest performers in class.
To view a demo video and learn more about MindTap, please visit www.cengage.com/
mindtap/.
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PREFACE xxi
Every chapter begins with a story, either fictional or real, to illustrate the issues in the
chapter. Over the years, we have learned how much more successfully we can teach when
our students are intrigued. They only learn when they want to learn.
Context. Many of our students were not yet born when Bill Clinton was elected
president. They come to college with varying levels of preparation; many arrive from other
countries. We have found that to teach business law most effectively we must provide its
context. In the chapter on employment discrimination, we provide an historical perspective
to help students understand how the laws developed. In the chapter on securities laws, we
discuss the impact of the Depression on the major statutes. Only with this background do
students grasp the importance and impact of our laws.
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taivuta heidät, koska he eivät enää ole kristityttä eivätkä halua auttaa
kreiviä hänen hädässään, päästämään minut vihdoinkin rukoilemaan
tuon miesraukan puolesta, joka luultavasti on suuresti Jumalan avun
tarpeessa.»
Kaukaa voi hän jo kuulla, miten niitä nyt ajettiin takaisin talleihin,
mutta hän ei halunnut kysyä, montako niistä tuli ja savu olivat
tappaneet. Kaiken tuon sai hän kyllä tietää tarpeeksi pian — jo
huomenna. Tänään ei hän luullut kaipaavansa enää muuta kuin
lepoa. Hän totesi, että useimmat talonpojat olivat poislähdössä
palatakseen jälleen Arokszállakseen. Tuo taivaanrannalta näkyvä
ruusunpunainen juova alkoi levetä ja kirkastua, ja savunkin läpi voi
hän nähdä, miten tähdet himmenivät auringonnousun lähestyessä.
Isä Ambrosius sanoi hänelle monta lohduttavaa sanaa, ja jokainen
talonpoika nosti kunnioittavasti lakkiaan mennessään vararikkoon
joutuneen kreivin sivu.
TOINEN OSA
XVI
PÄÄSIÄISAAMU.
»Mistä?»
»Mutta sitä kai et voine kieltää», sanoi vanha Berczi, »että juuri
tuona tulipaloyönä muuttui András tuollaiseksi omituiseksi ja
vakavaksi»?
»Pauhu oli hirmuinen viime yönä. Eilen kävin aivan kreivin talleilla
asti ja minusta näytti, että koko Bideskuty on veden vallassa».
Jokaisen asunnon ovesta tuli nyt tielle kauniita tyttöjä, jotka olivat
pukeutuneet koko sunnuntaikoreuteensa. Leveät silitetyt pellavahihat
kiilsivät ja kansallisväriset, punaiset, valkoiset ja viheriät nauhat
liehuivat tuulessa. Kaunis huntu, joka oli sidottu niskaan suurella
nauharuusulla, täydensi kuningatarmaisen pienen pään kauneutta.
Tukka oli kammattu sileäksi ja letitetty kahdeksi paksuksi palmikoksi,
pusero oli edestä kauniisti koruompeluin kirjailtu ja hoikan vartalon
ympärille oli napitettu ahtaat liivit. Lukemattomat hameet heiluivat
iloisesti tyttöjen kävellessä omituisesti lanteitaan heiluttaen, suuret
kultaiset korvarenkaat, useat helminauhat ja liivien kirkkaat soljet
loistivat auringossa yhtä kirkkaasti kuin kauniit silmät ja lumivalkoiset
hampaat. Vanhemmilla naisilla oli hieman tummemmat puvut ja
pitemmät hunnut, kirkkaanväriset huivit peittivät heidän hartioitaan ja
kaikilla oli käsissään suurilla joko messinki- tahi hopeahakasilla
varustetut raskaat rukouskirjat.
»Hän tuli kyllä tänne viime vuonna, mutta en tiedä, tuleeko hän
tänään», sanoi eräs nuori Bideskuty’n paimen. »Kun sivuutin
päärakennuksen, odottivat vaunut ja hevoset portaitten edustalla,
joten on varma, että kreivitär ja nuori neiti saapuvat».
»Auta minut ylös, Rezsö, äläkä puhu tyhmyyksiä. Olen varma, että
jalo
Ilonka on aivan alttarilla olevan pyhän neitsyen näköinen».