Description Take students beyond rote memorization and into true understanding of the concepts and their implications. This motivating, up-to-date text presents business law, ethics, and the legal environment in a way that intrigues students, spurs them to ask questions, and takes them beyond rote memorization as they learn the issues and concepts. With its emphasis on covering online law and e-commerce as key parts of the legal environment—as well as today’s social, ethical, and international issues that are important to the study of business law—it’s the ideal text for your one- or two-semester undergraduate course in Business Law. This text provides a better teaching and learning experience—for you and your students. Here’s how: Tailor the material to your specific course with the Custom Database option. Draw students into the material with a rich selection of cases. Address issues critical to the field of business law today. Features Draw students into the material with a rich selection of cases. Students connect with the concepts they’ve learned through this text’s rich selection of landmark cases. Each case shows: How the abstractions of law are applied to disputes The Facts, The Issues The Decision The Remedy So let’s see Address issues critical to the field of business law today. Included is the latest information on such important topics as: NEW U.S. Supreme Court Cases. More than 12 new U.S. Supreme Court cases, including: Shelby County, Texas v. Holder (Voting Rights Act) United States v. Windsor (federal Defense of Marriage Act violates equal protection clause) Maryland v. King (taking DNA of person at time of booking is reasonable search) Kiobel v. Royal Dutch Petroleum Company (Alien Tort Statute does not permit lawsuit in federal court for alleged crimes against humanity committed in another country) Thompson v. North American Stainless, LP (employer retaliation violates Title VII) Mutual Pharmaceutical Company, Inc. v. Bartlett (federal drug labeling law preempts state law) Brown v. Entertainment Merchants Association (state law regulating violent video games violates free speech) Walmart Stores, Inc. v. Dukes (certification of a class denied) Snyder v. Phelps (picketing near veteran’s funeral is protected free speech) Association for Molecular Pathology v. Myriad Genetics, Inc. (naturally occurring segments of DNA is a product of nature and is not patentable) NEW State and Federal Court Cases. More than 40 new state and federal court cases, including: The Facebook, Inc. v. Winklevoss (settlement agreement reached by founders of Facebook is enforced) United States v. Barrington (undergraduate student convicted of computer crimes for changing students’ grades on university’s internet grading system) Hubbert v. Dell Corporation (content reached by hyperlinks in licensing agreement is part of the contract) National Labor Relations Board v. Starbucks Corporation (Starbucks Corporation engaged in unfair labor practices) Does I-XI, Workers in China, Bangladesh, Indonesia, Swaziland, and Nicaragua v. Walmart Stores, Inc. (foreign workers not intended beneficiaries of Wal-Mart’s contracts with foreign suppliers) Chanel, Inc. v. Banks (Internet seller found subject to personal jurisdiction) McPadden v. Sidhu (directors of Delaware corporation not liable for negligence because of liability waiver in corporate documents) V Secret Catalogue, Inc. and Victoria’s Secret Stores, Inc. v. Moseley (tarnishment of a senior mark by a junior mark) Las Vegas Sands, LLC v. Nehme (casino marker is a negotiable instrument) Mitchell v. Fortas Insurance Company (bad faith tort committed by insurance company) Rainey v. Domino’s Pizza, LLC (franchisor not liable for an accident caused by franchisee’s delivery person) Intel Corporation v. Intelsys Software LLC (trademark infringement found) Stoll v. Xiong (unconscionable contract not enforced) Mance v. Mercedes-Benz USA (arbitration clause in automobile purchase contract enforced) Menendez v. O’Neill (sole shareholder of corporation not liable for corporation’s liabilities) In re Estate of Haviland (undue influence on elderly man in preparing estate documents) Yarde Metals, Inc. v. New England Patriots Limited Partnership (parol evidence not admitted to change terms of a ticketholder’s contract) NEW Statutes. Coverage of recent federal statutes, including: Jumpstart Our Business Startups Act (JOBS Act) of 2012 Stop Trading on Congressional Knowledge Act (STOCKS Act) of 2012 Leahy-Smith America Invents Act (AIA) of 2011 Helping Families Save Their Homes Act of 2009 NEW Feature: “Critical Legal Thinking”. More than 15 new “Critical Legal Thinking Cases” have been introduced to this edition to prompt students to consider the policy implications of covered subject matters. These include: Campaign Financing Law (Citizens United v. Federal Election Committee) Class Action Waivers (AT&T Mobility LLC v. Concepcion) Sexual Harassment (Pennsylvania State Police v. Students) Exclusionary Rule (Arizona v. Gant) Cyber Piracy (BMG Music v. Gonzalez) Strict Liability (Domingue v. Cameco Industries, Inc.) Eminent Domain (Kelo v. City of New London, Connecticut) Assisted Suicide (​Gonzales, Attorney General of the United States v. Oregon) More than seventy-five new “Critical Legal Thinking Questions” have been placed in the margins. NEW Special Features on Ethics, Digital Law, Contemporary Environment, Business Environment, and Global Law. More than 20 new special features, including: Facebook’s IPO Foreign Intelligence Surveillance Court (FISA Court) Crowd Funding and Funding Portals Emerging Growth Company (EGC) Is Outsourcing of U.S. Jobs Ethical? Delaware Corporation Law Veterans and Military Personnel Employment Protections Table of Contents BRIEF TABLE OF CONTENTS Part I Legal, Ethical, and Digital Environment 1. Legal Heritage and the Digital Age 2. Constitutional Law for Business and E-Commerce 3. Courts and Jurisdiction 4. Judicial, Alternative, Administrative, and E-Dispute Resolution 5. Intentional Torts and Negligence 6. Criminal Law and Cyber Crimes 7. Intellectual Property and Cyber Piracy 8. Ethics and Social Responsibility of Business Part II Contracts and E-Commerce 9. Nature of Traditional and E-Contracts 10. Agreement and Consideration 11. Capacity and Legality 12. Genuineness of Assent and Statute of Frauds 13. Third-Party Rights and Discharge 14. Breach of Contract and Remedies 15. Digital Law and E-Commerce Part III Sales and Lease Contracts and Product Liability 16. Formation of Sales and Lease Contracts 17. Title to Goods and Risk of Loss 18. Remedies for Breach of Sales and Lease Contracts 19. Warranties and Product Liability Part IV Negotiable Instruments, Banking, and Electronic Financial Transactions 20. Creation and Transfer of Negotiable Instruments 21. Holder in Due Course and Liability of Parties 22. Banking System and Electronic Financial Transactions Part V Credit, Secured Transactions, and Bankruptcy 23. Credit, Real Property Financing, and Secured Transactions 24. Bankruptcy and Reorganization Part VI Business Organizations, Corporate Governance, and Investor Protection 25. Agency Law 26. Small Business, Entrepreneurship, and Partnerships 27. Corporate Formation and Financing 28. Corporate Governance and the Sarbanes-Oxley Act 29. Corporate Acquisitions and Multinational Corporations 30. Limited Liability Companies and Limited Liability Partnerships 31. Franchise and Special Forms of Business 32. Investor Protection, E-Securities, and Wall Street Reform Part VII Government Regulation and Employment Law 33. Antitrust Law and Unfair Trade Practices 34. Consumer Safety and Environmental Protection 35. Labor, Worker Protection, and Immigration Law 36. Equal Opportunity in Employment Part VIII Property, Insurance, and Estates 37. Personal Property, Bailment, and Insurance 38. Real Property, Landlord-Tenant Law, and Land Use Regulation 39. Family Law, Wills, and Trusts Part IX Accounting Profession 40. Accountants’ Duties and Liability Part X Global Environment 41. International and World Trade Law Appendices