Essentials of the Legal Environment of BusinessVersion 2.0
By Don Mayer, Daniel Warner, George Siedel, and Jethro K. Lieberman
- Cases are available in excerpted and summarized format, enabling instructors to easily “mix and match” excerpted cases with case summaries.
- Links to forms and uniform laws are embedded in the text.
- Sample legal forms available.
This textbook is suitable for the following courses: Introductory Legal Environment of Business.
Essentials of the Legal Environment of Business is a briefer, more focused version of the authors’ comprehensive Business Law and the Legal Environment textbook.This textbook covers all the key topics of business law but has a lighter coverage of business contracts and omits the chapters on sales and leases, banking and commercial paper, wills and estates, insurance, and accountancy. It is organized into three main sections: An Introduction to Law (introducing students to the main concepts of the legal environment of business, Black-Letter Law (covering the business law fundamentals of tort, contract, property, agency, and business organization), and Government Regulation (dealing with various aspects of government regulation of business, including regulation for a social safety net).
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The Instructor’s Manual guides you through the main concepts of each chapter and important elements such as learning objectives, key terms, and key takeaways. Can include answers to chapter exercises, group activity suggestions, and discussion questions.
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Additions & Errata
- Paragraph on taxation of limited partnership in Chapter 11.4 changed to: The main tax advantage of a limited partnership is that it is a flow-through entity — all profits and losses flow directly to the individual limited partners. Pass-through ("conduit") taxation is usually very important to investors.
- Section 14.4 added on Products Liability on 6/24/19.
- Link in Chapter 4.1, Case Questions, number 4 updated to https://youtu.be/Mh4HdtTlnjg on 10/08/21.