The legal, ethical, and international environment of business:
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cincinnati, Ohio [u.a.]
West [u.a.]
2002
|
| Edition: | 5. ed. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | Getr. Zählung |
| ISBN: | 0324061838 |
Staff View
MARC
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| 100 | 1 | |a Bohlman, Herbert M. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The legal, ethical, and international environment of business |c Herbert M. Bohlman ; Mary Jane Dundas |
| 250 | |a 5. ed. | ||
| 264 | 1 | |a Cincinnati, Ohio [u.a.] |b West [u.a.] |c 2002 | |
| 300 | |a Getr. Zählung | ||
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| 650 | 4 | |a Business law |z United States | |
| 650 | 4 | |a Commercial law |z United States | |
| 650 | 4 | |a Industrial laws and legislation |z United States | |
| 650 | 4 | |a Trade regulation |z United States | |
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Record in the Search Index
| _version_ | 1804129602755362816 |
|---|---|
| adam_text | Brief Conten
mlmnP Introduction to Law
CHAPTER 1
Basics of the Law 3
CHAPTER 2
Ethics and Corporate Social
Responsibility 34
CHAPTER 3
The Judicial System and Litigation 64
CHAPTER 4
Alternative Dispute Resolution
Procedures 100
wlHilfi Business and Private
CHAPTER 8
Torts 227
CHAPTER 9
Contract Formation 259
CHAPTER 10
Contract Defenses and Remedies 292
CHAPTER 11
Sales Law and Product Liability 316
CHAPTER 12
Negotiable Instruments and
Secured Transactions 349
its
CHAPTER 5
The Constitution and the
Regulation of Business 131
CHAPTER 6
Administrative Agencies and
the Regulation of Business 163
CHAPTER 7
The Regulation of Business
through Criminal Law 194
Law
CHAPTER 13
International Business Law 392
CHAPTER 14
Rights of Consumers,
Debtors, and Creditors 430
CHAPTER 15
Consumer Protection 462
CHAPTER 16
Property Law and Intellectual
Property and Computer Law 494
VI • Brief Content*
mlHiITf Business Formation
CHAPTER 17
Agency Law and Private
Employment Law 527
CHAPTER 18
Business Enterprises:
Noncorporate Business Entities 558
flmflr Business and Governr
CHAPTER 20
Securities Law 617
CHAPTER 21
Antitrust Law 656
CHAPTER 22
Legislative Control over Labor
and Labor Relations 692
^HflHI Appendices
APPENDIX A
Constitution of the
United States of America A l
APPENDIX B
The Uniform Commercial
Code (Excerpts) A 14
APPENDIX C
The Sherman Act (Excerpts) A 64
APPENDIX D
The Clayton Act (Excerpts) A 65
APPENDIX £
The Federal Trade Commission Act
(Excerpts) A 70
APPENDIX F
National Labor Relations Act (Excerpts)
A 71
APPENDIX G
Federal Civil Rights Acts (Excerpts) including
the Americans with Disabilities Act
(Excerpts) 42 U.S.C.A. §§ 1981 et seq. A 72
CHAP I F R 1 1
Corporate Law and
Franchising Law 588
nent Regulation
C H A I I I K 2 i
Employment Law and
Equal Opportunity 723
CHAPTER 2 4
Environmental Law 754
APPENDIX H
The Uniform Partnership
Act (Excerpts) A 82
APPENDIX I
International Top Level
Domain (ITLD) A 87
APPENDIX J
Critical Thinking A 89
APPENDIX K
Selected World Wide Web Addresses A 96
APPENDIX L
Spanish Equivalents for Important
Legal Terms in English A 107
Glossary G l
Table of Cases T l
Index 1 1
Contents
Unit 1 Introduction to Law
CHAPTER 1 Basics of the Law 3
Ethical Consideration: Ethical Attitudes 4
Introduction 4
Definition of Law 5
Sources of American Law 5
Constitutions 5
Statutes, Ordinances, and Administrative Regulations 6
Case Law 6
Stare Derisis 6
Legal Highlight: Common Law Writs 7
Classifications of Law 13
Substantive Law versus Procedural Law 13
Public Law versus Private Law 13
Civil Law versus Criminal Law 13
Legal Highlight: Law Terms Are Easy to Learn! 14
Courts of Law and Courts of Equity 15
Distinctions 15
Legal Highlight: Equitable Maxims 18
Locating the Law 18
Publishing Court Decisions 18
Reporter System for Case Decisions 19
Statute Publications 19
Administrative Agency Regulations 22
Legal Research Using Computers 22
Schools of Legal Philosophy 23
Natural Law School 23
Analytical School 23
Historical School 23
Legal Realists School 26
Economic School 26
Analyzing Case Law 26
How to Brief a Case 21
CyberLaw: The Internet 27
International Consideration: Treaties,
Conventions, and Agreements 29
Legally Speaking: A Manager s
Role in Preventive Law 30
Chapter Summary 30
Using the World Wide Web 31
Key Terms 32
Questions and Case Problems 32
CHAPTER 2 Ethics and Corporate
Social Responsibility 34
Introduction 35
Theories of Ethical Conduct 35
Ethical Standards Based on Universal Duties 36
Ethical Standards Based on Consequences 31
Ethical Behavior and Legal Behavior 37
Stakeholders 38
Shareholders 38
Employees 41
viii • Contents
Legal Highlight: Dynamic Duo, Milton and
ChainsawAl 42
The Supply Chain: Suppliers and Customers 43
Government 41
Tiie Community 50
Strategy for Ethical Decision Making 52
Legal Highlight: The Whistleblowers and Big Tobacco 53
A Sample Case: Using the Model
for Ethical Decision Making 54
Legal Ethics 56
Legal Highlight: Caught Between
a Rock and a Hard Place! 58
CyberLair: Internet Ethics 58
International Consideration: Codes and Guidelines
that Emphasize Ethical Conduct 60
Legally Speaking: When Should You Blow the
Whistle? 60
Chapter Summary 61
Using the World Wide Web 61
Key Terms 62
Questions and Case Problems 62
C H A PJ E_R 3 The Judicial System
and Litigation 64
Ethical Consideration:To Play or Not to Play Hardball 65
Introduction 65
Jurisdiction 65
Jurisdiction over the Person 66
Jurisdiction over Property 10
Subject Matter Jurisdiction 10
Venue 10
CyberLaw: Cyber Jurisdiction 70
Resjudicata 12
Court Systems in the United States 72
A Typical State Court System 12
Legal Highlight: Using a Small Claims Court 74
The Federal Court System 14
Jurisdiction of Federal Courts 16
Concurrent versus Exclusive Jurisdiction 19
Writ of Certiorari 19
Judicial Procedures: Following a
Case through the Courts 79
Ltgal Highlight: The Virtual Courtroom 80
Procedure 81
A Sample (m c: Artiste Login
Products, Inc. v. Acme Copiers, Inc. 81
L ii/ Highlight :The Friday Conference 82
lj.gal Highlight: Singing the Courthouse Blues 85
lugal Highlight: Attorney Client Privilege,
or What You Cannot Tell Your Attorney 89
Attorneys Fees and Other Costs 91
Attorneys Fees 91
Other Costs 92
The Judiciary 94
State Judicial Selection Procedures 94
Federal Judicial Selection Procedures 94
U.S. Magistrate Judges 94
International (Consideration: Different
Legal Systems in Foreign Trade 95
legally Speaking: How to Find an Attorney 96
Chapter Summary 96
Using the World Wide Web 97
Key Terms 98
Questions and Case Problems 99
CHAPTER 4
Alternative Dispute
Resolution Procedures 100
Ethical Consideration: Full Disclosure in Arbitration? 101
Introduction 101
Advocates of Alternative Dispute Resolution 101
Negotiation, Conciliation, and Mediation 102
Negotiation 102
Conciliation 103
Mediation 103
Legal Highlight: Hurricane Andrew Whips Ups ADR 104
Arbitration 104
Comparisons between Arbitration and the Judicial System 105
Legal Highlight: Code of Ethics for Arbitrators 107
American Arbitration Association 101
Federal Legislation 108
State Legislation 109
Judicial Arbitration 109
Contractual Arbitration 111
Contractual Arbitration Procedure 114
Differences 111
Disadvantages of Arbitration 118
CyberLaw: Online ADR 120
Other Forms of ADR 120
Hybrid Mediation and Arbitration (Med/Arb) 120
Fact Finding 120
Legal Highlight: The Women at Hooters 122
Minimal 123
Private Judge 123
Legal Highlight: Electrical Companies Zap the Media 124
ShortTrial 124
Partnering 125
International Consideration: Arbitration
in International Situations 126
Legally Speaking: Arbitration of
Disputes Involving Lemons 127
Chapter Summary 127
Using the World Wide Web 128
Key Terms 129
Questions and Case Problems 129
CHAPTER 5 The Constitution and the
Regulation of Business 131
Ethical Consideration: Good Advertising? 132
Introduction 132
Articles of the U.S. Constitution 132
Separation of Powers Clause 132
Legal Highlight: A Funny Thing Happened on the
Way to Amend the Articles of Confederation 136
The Commerce Clause 136
The Taxing Power 138
The Spending Power 139
The Supremacy Clause 139
Full Faith and Credit Clause 140
Privileges and Immunities Clause 140
Bill of Rights and the Other Amendments 140
Fourteenth Amendment 140
Legal Highlight: Twenty Seven of
10,000 Proposed Amendments 142
Delegated Powers 142
Bill of Rights in a Business Context 144
Contents • ix
First Amendment 145
Freedom of Speech 145
Freedom of Religion 151
Fourth Amendment 152
Search and Seizure 152
Right of Privacy 152
Legal Highlight: So Where Is My Royalty? 153
CyberLaw: Privacy 154
Fifth Amendment—Self Incrimination 154
Fifth and Fourteenth Amendments—
Due Process Clause 156
Equal Protection Clause 151
International Consideration: Must a Court
Recognize a Foreign Judgment? 158
Legally Speaking: Stopping Employee Theft 159
Chapter Summary 159
Using the World Wide Web 160
Key Terms 161
Questions and Case Problems 161
CHAPTER 6
Administrative Agencies and
the Regulation of Business 163
Ethical Consideration: Conflicts between
Freedom of Speech and Ethics 164
Introduction 164
Areas of Regulation 164
Economic Regulation 164
Public Welfare 166
Features of Administrative Agencies 167
The Nature of Administrative Agencies 167
Line Agencies, Independent Agencies, Government Agencies, and
Quasi Official Agencies 161
CyberLaw: The Internal Revenue Service 169
Enabling Legislation 169
Administrative Procedure Act 111
Three Areas of Power 111
Legal Highlight: Governmentese and Plain English 173
Limitations on Administrative Agencies Powers 178
Major Constitutional Limitations 178
Legal Highlight: No Jargon, Please! 181
Congressional Statutes 182
Sunset Laws 85
X • Contents
Judicial Review 185
Deregulation 187
International Consideration: Use of Administrative
Law in Assisting International Transactions 188
Legally Speaking: Facing Zoning Problems 188
Chapter Summary 189
Using the World Wide Web 190
Key Terms 191
Questions and Case Problems 192
CHAPTER 7 The Regulation of Business
through Criminal Law 194
Ethical Consideration: Beyond the Insurance Policy 195
Introduction 195
Classification of Crimes 195
Legal Highlight:Ponzi or Pyramid,
It Is Still a Criminal Scheme 196
Criminal Statutory Law 197
Constitutional Safeguards 199
Criminal Procedure 200
Legal Highlight: Ford and the Pinto 201
Basic Elements of Criminal Responsibility 201
•feftt V Busta«s and Privat
CHAPTER 8
Torts 227
Ethical Consideration: Media s Responsibility When
Reporting about Families of Public Figures 228
Introduction 228
Types ofTorts 228
Intentional Torts 229
Wrongs against the Person 229
Legal Highlight .McHamburger v. Me Veggies 233
Wrongs against Property 234
Legal Highlight: Secondary Smoke—Is It Battery? 235
Negligence 235
Breach of Duty of Care 236
Injury 23 H
Causation 239
Criminal Intent 201
Criminal Conduct 202
Attempts and Conspiracies 203
Crimes Affecting Business 203
Offenses against Property 203
Legal Highlight: Beware of the Talk Show Expert 204
IVliite Collar Crime 205
CyberLaw: Fraud 206
Legal Highlight: The Barbie Doll Web Caper 207
Crimes Businesses Can Commit 208
Legal Highlight: Cybercrime 215
Defenses 215
Double Jeopardy 216
Self Defense 217
Entrapment 217
Incapacity 217
Intoxication 218
International Consideration: The World Community
versus International Criminals 219
Legally Speaking:Bnd Checks 220
Chapter Summary 221
Using the World Wide Web 221
Key Terms 223
Questions and Case Problems 223
e Law
Res Ipsa Loquitur 241
Defenses to Negligence 241
Legal Highlight:McDonalds Hot Coffee Case 242
Strict Liability 243
Specific Torts Related to Business 243
Wrongful Interference with a Contractual
or Business Relationship 243
Legal Highlight: Mass Torts 244
Infringement o/Trademarks, Trade
Names, Patents, and Copyrights 245
Theft of Trade Secrets 249
CyberLaw: Cyber Liability 249
Damages 249
Damages for Intentional Tort 249
Damages for Negligence 251
Current Tort Controversy 251
Legal Highlight: Thou Shall Not Steal 252
International Consideration: Combining
Criminal and Civil Law 253
Legally Speaking: Duties Owed
to the Insurance Company 254
Chapter Summary 255
Using the World Wide Web 256
Key Terms 257
Questions and Case Problems 257
CHAPTER _9 Contract Formation 259
Ethical Consideration: Finders Keepers: Is There an
Obligation to Disclose When a Deal Is Unfair? 260
Introduction 260
Comparing Torts with Contracts 260
Sources of Commercial Law 261
The Law Merchant 261
Codification of Commercial Law 261
Uniform Commercial Code 261
Contract Terms 262
CyberLaw: Electronic Contracts 262
Legal Highlight: The Tow Truck and Mud Wrestling 263
Terms Used with Contracts 263
Elements of a Contract: Part 1 266
Requirements of the Offer 267
Legal Highlight: Opera, Dinner, and Court? 268
Termination of the Offer 268
Acceptance 214
Genuineness of Mutual Assent 214
Consideration 219
International Consideration: Variations in Terms
of Sale When Dealing Internationally 286
Legally Speaking: Making Sure You Are Insured 287
Chapter Summary 287
Using the World Wide Web 288
Key Terms 289
Questions and Case Problems 289
CHAPTER 10 Contract Defenses and Remedies 292
Ethical Consideration: The Value of a Handshake:
The Statute of Frauds as a Sword 293
Contents • xi
Introduction 293
Elements of a Contract: Part 2 293
Legal Capacity 293
Legality 295
Statute of Frauds 299
CyberLaw: Federal Electronic Signatures Act
and Uniform Electronic Transactions Act 302
Legal Highlight: Faxes and the Feds 303
Other Contractual Issues 303
Assignments and Delegations 303
Tliird Party Beneficiaries 306
Discharge 308
Discharge by Performance 308
Discharge by Agreement 308
Discharge by Operation of Law 309
Remedies and Damages 309
Legal Remedies 309
Equitable Remedies 310
International Consideration: Selling
Goods Internationally 312
Legally Speaking: Contractual Capacity 312
Chapter Summary 313
Using the World Wide Web 313
Key Terms 314
Questions and Case Problems 314
CHAPTER 11
Sales Law and Product Liability 316
Ethical Consideration: Safe Products—at What Cost? 317
Introduction 317
Theory of the Uniform Commercial Code 317
Goods 318
Identification 318
Risk of Loss 318
Future Goods 319
Title 319
Warranty of Title 319
Passing of Title 321
Voidable Title 323
Risk of Loss 324
Legal Highlight: The Midas Touch 325
Trial Sales 327
Performance 328
Rights of Buyer and Seller 328
xii • Cements
Impracticability 328
Remedies 328
Legal Highlight: What Happens When Your
New Software Crashes Your Computer? 329
Remedies of Buyers 329
Remedies of Sellers 330
CyhfrLiu : Taxes 332
Product Liability 333
Historical Development 333
Leoal Hi^ Mii;/;, . Bndgestone Firestone and Ford 334
Product Liability Based on Segligence 334
Product Liability Based on Strict Liability 335
Duty to Warn 338
Product Liability Based on Misrepresentation 339
Product Liability Based on Warranty 339
Disclaimers or Defenses against Implied Warranty Liability 340
International Consideration: Product
Liability in the European Union 344
Legally Speaking: When a Retailer Becomes Liable 345
Chapter Summary 346
Using the World Wide Web 346
Key Terms 347
Questions and Case Problems 347
CHAPTER 12
Negotiable Instruments and
Secured Transactions 349
lithical Consideration: Legally Right but Morally
Wrong:The Dilemma of the HDC 350
Introduction 350
Functions of Negotiable Instruments 351
A Substitute for Currency 351
A Credit Device 351
Requirements for Negotiable Instruments 351
In Writing and Signed 352
Unconditional Promise or Order to Pay
a Fixed Amount of Money 352
Payable to Order or to Bearer 352
Payable on Demand or at a Definite Time 353
Types of Negotiable Instruments and
Parties to Negotiable Instruments 353
Two Party Instruments 353
Tliree Party Instruments 355
Signature Liability of Makers,
Acceptors, and Drawers 357
Indorsements 358
Indorscrs and Indorsees 358
Blank Indorsements 358
Special Indorsements 358
Qualified Indorsements 358
Restrictive Indorsements 358
Indorsements. Signature and Transler Warranty Liability 359
Holders and Holders in Due Course 361
Holder 361
Holder in Due (bourse 361
Assignment or Negotiation 364
Assignment 365
Xegotiation 365
Defenses 366
Real Defenses 366
Personal Defenses 366
federal Limitations on Holder in Due Course Rights 367
Accord and Satisfaction Doctrine 361
Checks and the Banking System 367
Legal Highlight .Bounce a Check, No Bank Account 368
77ic Bank Customer Relationship 368
Customer Duties 368
Duties of the Bank 368
Electronic Funds Transfer Systems 376
Transfer of Funds by the Federal Government 311
CyherLtu:Electronic Checks 378
Secured Transactions 379
Creating a Security Interest 319
Perfection 380
Default 383
Legal Highlight: Do I Still Owe on the Car? 384
International Consideration. SoYou Want to Sell
Overseas: How Do You Get Your Money? 386
Legally Speaking: The Problem
with Postdating a Check 387
Chapter Summary 387
Using the World Wide Web 389
Key Terms 390
Questions and Case Problems 390
C H A P T E R 13
International Business Law 392
Tjhical Consideration: Monitoring
Conditions of Foreign Employees 393
Introduction 393
Sources of International Law 393
International Customs 393
Agreements 393
International Organizations 394
World Trade Organization 395
U.S. Agencies Concerned with
International Business 399
Federal Lawmaking Authority 399
Agencies Regulating International Trade 399
Legal Highlight: NAFTA and the Free
Trade Association of the Americas 400
Statutes Regulating International Trade 402
Export Administration Act 402
Omnibus Trade and Competitiveness Act 405
Legal Highlight: What Is a BEM? 406
Export Trading Company Act 406
Export Import Bank 406
National Export Strategy 406
Unfair Import Practices 407
Dumping 401
Infringement 401
Subsidies 401
Legal Highlight: APEC 408
Gray Market Goods 408
International Business Transactions 410
Developing an Export Business 410
Legal Highlight: European Union
and the European Community 411
Legal Highlight: Ethics in International Sales 418
Developing an Importing Business 419
CyberLaw: Electronic Auctions 422
Legally Speaking: Increasing Sales through Exports 424
Chapter Summary 425
Using the World Wide Web 425
Key Terms 427
Questions and Case Problems 428
CHAPTER 14 Rights of Consumers,
Debtors, and Creditors 430
Ethical Consideration: Can You Be Required
to Have Credit Life Insurance? 431
Introduction 431
Contents • xiii
Consumer Credit Protection Act 431
Consumer Credit Cost Disdosure:Truth in LendingAct 432
Other Provisions of the CCPA 435
Legal Highlight: Earth Calling Computer,
Earth Calling Computer, Do You Read Me? 438
CyberLaw: Protecting Your Credit 441
Legal Highlight: Gossip, Gossip, Gossip 442
Other Consumer Oriented Laws 444
Uniform Consumer Credit Code 444
Legal Highlight: Women and the Credit Revolution 445
Real Estate Settlement Procedures Act 445
Creditors Rights 445
Writ of Execution 445
Attachment 446
Garnishment 446
Mortgage Foreclosure on Real Property 448
Protection for the Debtor 449
Bankruptcies and Reorganizations 449
Goals of Bankruptcy 449
Bankruptcy Chapters 450
Legal Highlight: A Lesson on Reaffirmation 454
International Consideration: Consumer
Credit Protection in Foreign Countries 456
Legally Speaking: The Proper Way to Grant Credit 457
Chapter Summary 458
Using the World Wide Web 458
Key Terms 459
Questions and Case Problems 460
CHAPTER 1 5 Consumer Protection 462
Ethical Consideration: What You Do Not
Know Can Bother You: Sharing
Information from Warranty Cards 463
Introduction 463
Federal Trade Commission 463
Trade Regulation Rules 465
Exemptions to FTC Regulation 470
Deceptive Advertising 470
False Statements or Claims 470
Failure to Disclose Important Facts 470
Statements That Are Less Tlian the Whole Truth 472
Unsupported Claims 472
Other Deceptive Practices 475
XIV • Contents
Illegal lultilevel Marketing Schemes 475
Bait and Switch 478
Deceptive Comparisons 478
Deceptive Testimonials and Endorsements 480
Telemarketing Fraud 480
Marketing Research 480
Legal Highlight: Singing the Refund Blues 481
Cyber Law: Identity Theft 481
Legal Highlight: Telemarketing Fraud 482
Other Consumer Protection Laws 482
Fair Packagitig and Labeling Act 483
Magnuson Moss Warranty Act 483
Food, Drug, and Cosmetic Act 483
Legal Highlight: Fleecing the Small Business 484
Postal Fraud Statutes 484
MaU Order Houses 486
Interstate Land Sales Full Disclosure Act 487
Consumer Product Safety Act 487
Door to Door Sales 488
Miscellaneous Consumer Protection Statutes 488
International Consideration: Self Regulation
by Foreign Corporations 489
Legally Speaking: Operating a Mail Order Business 490
Chapter Summary 491
Using the World Wide Web 491
Key Terms 492
Questions and Case Problems 492
C H A P T E R 16
Property Law and Intellectual
Property and Computer Law 494
Ethical Consideration .Joint Tenancy: Should
the Property Always Go to the Survivor? 495
Introduction 495
Classifications of Property 495
Real and Personal Property 495
Tangible and Intangible Property 496
Fixtures 496
Property Rights and Ownership Title 498
Tenaiuy in Common 498
Joint Tenancy with Right of Survivorship 498
Tenancy by tin Entirety 498
(Community Properly 498
Real Property 498
Uv.tl Highlight: Private Control 499
Air and Subsurface Rights 499
(Xmership Interest in Real Property: Estates in Laud 499
Ixgal Highlight: Dino Dirt 500
Ugal Highlight: Whose House Is This? 501
Transjer of (hniership 50.1
onpossessory Interests 506
Acquiring Ownership of Personal Property 506
Possession 506
Legal H/(, /i/i( /»: Rails to Trails 507
Purchase 508
Production 508
Gifts 508
Will or Inheritance 508
Accession 508
Confusion 508
Bailments 508
Intellectual Property Law and Computer Law 511
Protection of Intellectual Property Rights 511
Legal Highlight: What the Computer
Knows about You 515
Computer Law 516
Software Warranties 516
E Mail and Business 516
The Ever Developing Field 519
CyherLaw: Web Pages 519
International Consideration: Protecting Your
Assets and Ideas in Foreign Countries 520
Legally Speakmg .Vroiecimg Real Property 521
Chapter Summary 521
Using the World Wide Web 522
Key Terms 523
Questions and Case Problems 523
Unit III Business Formation
CHAPTER 17
Agency Law and Private
Employment Law 527
Ethical Consideration:The Hard Decisions
Surrounding Medical Insurance 528
Introduction 528
Background 528
Formation of the Agency Relationship 529
Agency by Agreement 529
Agency by Ratification 529
Agency by Estoppel 531
Agency Relationships 531
Relationsliip between the Principal and Agent 531
Legal Highlight: Whose Agent Are You, Anyway? 533
Tlte Employee as an Agent 531
CybcrLaw: Uniform Computer
Information Transactions Act 537
Duties of Agents and Principals 537
Tlie Agent s Duty to the Principal 531
Principal s Duties to the Agent 540
Liability of Principals and Agents to Third Parties 541
Principal s and Agent s Liability for Contracts 541
Warranties of the Agent 542
Tort Liability 542
Legal Highlight: Good Credit Means a Job 545
Termination of the Agency Relationship 546
Termination by Act of the Parties 546
Termination by Operation of Law 541
Notice Required for Termination 541
Independent Contractors 547
Employees or Independent Contractors} 548
Employment Law 549
Employment Contracts 549
Employee Leasing 549
Difference between Independent
Contractors and Leased Employees 550
Modern View on Termination of Employees 550
Government Regulation of Employment Law 552
International Consideration: Decision
Making by Employees 553
Legally Speaking: What You Should Do
before Hiring an Employee 553
Contents • XV
Chapter Summary 553
Using the World Wide Web 554
Key Terms 555
Questions and Case Problems 555
CHAPTER 18
Business Enterprises: Noncorporate
Business Entities 558
Ethical Consideration: If I Am Only for Myself, What
Am I Getting Out of a Limited Partnership? 559
Introduction 559
Comparing Business Enterprises 560
Difficulty of Forming the Organization 560
Liability 560
Tax Considerations 561
Continuity of Existence and Ability toTransfer Ownership 561
Management and Control 561
Legal Highlight: Refinancing Your Home:
Is This the Way to Raise Capital? 562
Financing 562
Licenses 562
Location 564
CyberLaw: Web Businesses 564
Partnerships 564
Capital Requirements and Funding of a Partnership 565
Partnership Management and Control 565
Legal Highlight: Historic Perspective
of Uniform Acts 566
Liability of Old and New Partners 566
Duration and Termination of the Partnership 568
Limited Partnerships 571
Sources of Funding for Limited Partnerships 571
Control of the Limited Partnership 511
Liability in Limited Partnerships 573
Tax Consequences for a Limited Partnership 574
Limited Liability Companies 574
Formation of an LLC 577
Tax Consequences 577
Managing an LLC 577
Limited Liability 579
Continuity of Existence 579
Limited Liability Partnerships 581
xvi • Contents
International (^onshhiation:
Business Entities Overseas 583
Ltodlly Speakmo: Drafting a Partnership Agreement 583
Chapter Summary 584
Using the World Wide Web 584
Key Terms 585
Questions and Case Problems 585
CHAPTER 19
Corporate Law and
Franchising Law 588
I .thical Consideration: Corporate Giving: Whose Money
Is It? The Corporation s or the Shareholders ? 589
Introduction 589
Ease of Formation 589
Legal Highlight: The Model Business Corporation Act
and the Revised Model Business Corporation Act 590
Articles of Incorporation 591
Bylaws 591
Source of Funding 591
Equity Securities versus Debt Securities 592
Equity Securities 593
Debt Securities 595
Liability 595
Liability of Shareholders 595
Ugal Highlight: Some Costs of Conducting Business 596
Liability of Directors and Officers 599
Unit iv Business and Gove
CHAPTER 2 0
Securities Law 617
ilthkal Consideration: Securities Disclosure
Requirements: Do the Consumers Really
Get the Information They Need? 620
Introduction 620
What Is a Security? 620
Legal Highlight: What Do Earthworms and
Salvador Dali Prints Have in Common? 621
The Securities Act of 1933 623
Ijg.il Highlight. Plain English for Investing? 624
Requirements of the Registration Statement 624
Control 6112
Shareholders Control 602
Close (Corporation (Control 603
Director* (Control 605
Transferability of Interest 605
Restrictions lor (Close Corporations 605
Sotice ot Restrictions 605
Taxes 61)5
Avoidance ot Faxes 606
S Corporation 606
C.ylvrl^nr: Interiiation.il Taxes 606
Duration 607
Franchising 607
Ixodl //i^/;//^;/. Quality Standards 608
Types oi* Imnchises 61)9
llie L nv of Franchising 609
77ic Franchise Agreement 611)
Termination ot the Franchise Agreement 610
Franchisee s Relationship to Franchisor:
Agent or Independent Contractor? 611
Iittcriuiiioihil (.onsidirat on: How to
Expand without Investing 612
Z^X ii//) Speaking: Choosing the Best
Form of Business Organization 612
Chapter Summary 613
Using the World Wide Web 614
Key Terms 614
Questions and Case Problems 615
rnment Regulation
CyhcrlMw: EDGAR 625
Requirements of the Registering Corporation 625
Misrepresentations in Registering with the SEC 625
Exemptions 630
Liability under the 1933 Act 632
The Securities Exchange Act of 1934 633
Securities and Exchange Commission 633
Proxy Requirement 634
Insider Trading and Fraud 634
Other Securities Laws 645
The Securities Investor Protection Act of 1970 645
Foreign Corrupt Practices Act 645
Ixgdl Highlight: Crime and Punishment 646
Securities Enforcement Remedies and
Penny Stock Reform Act of 1990 647
State Securities Laws 649
International Consideration: Attitudes
toward Securities Regulations 650
Legally Speaking: Purchasing and
Selling Securities on the Web 651
Chapter Summary 652
Using the World Wide Web 652
Key Terms 654
Questions and Case Problems 654
CHAPTER 21 Antitrust Law 656
Ethical Consideration: Antitrust Laws and
Medical Costs: A Help or a Hindrance? 657
Introduction 657
Sherman Act 658
Sections 1 and 2 Compared 660
Restraint of Trade, Section 1 Violations 660
Per Se Rule, Section 1 Violations 660
Legal Highlight: Can a University
Violate Antitrust Laws? 666
The Rule of Reason, Section 1 Violations 661
Monopoly Power, Section 2 Violations 671
Defining the Relevant Market 671
Legal Highlight: Toys A Us 672
Determining the Market Share 674
Clayton Act 674
Section 2, Robinson Patman Act 674
Section 3 677
Section 7 677
Section 8 677
Federal Trade Commission Act 678
Mergers 678
Horizontal Mergers 678
Legal Highlight: Herfindahl Hirschman Index 679
Vertical Mergers 680
Conglomerate Mergers 680
CyberLaw: Mergers and Antitrust Concerns 680
Defenses and Exemptions 680
Defenses 680
Exemptions 681
Contents • xvii
Enforcement of Antitrust Laws 682
Enforcement by the Federal Trade Commission 682
Enforcement by the Department of Justice 683
Legal Highlight:The Breakup of AT T 684
Enforcement by State Attorneys General and Private Parties 685
International Consideration: Parallel Antitrust Lawsuits 686
Legally Speaking: Avoiding Antitrust Violations 687
Chapter Summary 688
Using the World Wide Web 688
Key Terms 689
Questions and Case Problems 690
CHAPTER 2 2
Legislative Control over
Labor and Labor Relations 692
Ethical Consideration: Should a
Business Have a Pension Plan? 693
Introduction 693
Fair Labor Standards Act 694
Who Is Covered? 694
Exempt Employees 694
Wage and Hour Requirements 694
Legal Highlight: Exemptions and Requirements
under the Minimum Wage and Overtime Laws 696
Child Labor Laws 696
Retirement and Income Security 697
Social Security 691
Legal Highlight: Social Security and You 698
Private Retirement Plans 698
Unemployment Compensation 699
Other Statutes for Employee Protection 700
State Workers Compensation Acts 101
Health and Safety Protection 102
CyberLaw: Filing Complaints Online 705
Plant Closing Law 105
Family and Medical Leave Act 105
Medical Coverage 106
Privacy Rights of Employees 106
Labor Laws 707
Iugal Highlight: Genetic Testing 708
Federal Anti Injunction Act 108
National Labor Relations Act 108
Labor Management Relations Act 1 1
xviii • Contents
Labor Management Reporting and Disclosure Act of 1959 711
Tiie Sational Labor Relations Board, Office
of General Counsel, and Regional Offices 111
Legal Highlight: Organizing Institute 712
Remedies 713
Organizing a Collective Bargaining Unit 713
Tlie Collective Bargaining Agreement 713
Duty of Fair Representation 715
Strikes 715
Labor Side Agreement to NAFTA 715
International Consideration:
Perspectives on Employment 717
Legally Speaking: What to Do If You Suspect That
Some of Your Employees Want a Union 717
Chapter Summary 718
Using the World Wide Web 719
Key Terms 720
Questions and Case Problems 721
CHAPTER 23
Employment Law and
Equal Opportunity 723
Ethical Consideration: The Glass Ceiling: A Relic
of the Past or a Reality of the Present? 724
Introduction 724
The Civil Rights Act of 1964, Title VII 124
Covered Employment Situations under Title VII 125
Types of Discrimination 725
Equal Employment Opportunity Commission 727
EEOC Enforcement 121
EEOC Procedures 121
Pattern and Practice of Discrimination 128
Categories of Discrimination 728
Discrimination Based on Race or Color 128
Discrimination Based on Religion 128
Legal Highlight: Discrimination and Education 729
Discrimination Based on Sational Origin 129
Legal Highlight: What s in a Name? 730
Discrimination Based on Gender 130
Equal Pay Act 736
Enforcement 736
Exceptions 136
Age Discrimination in Employment Act 736
Legal Highlight: A Spouse Can Get
Out of a Debt under Federal Law 737
Americans with Disabilities Act 737
Statutory Defenses 73S
Boihl Fide Occupational Qualifications 7 IS
Bond Fide Seniority or Merit Systems 7.19
Professionally Developed Ability Jests ~J9
Immigration Acts 739
Affirmative Action 740
Legal Highlight: Posting of Labor Laws 746
Protection for Members ol the Military
Reserve Force and National (iuard ~46
C.yberLiur: Workplace Privacy 746
International (Consideration: Progress
against Discrimination 748
Legally Speaking: Discriminatory Questions 748
Chapter Summary 750
Using the World Wide Web 75 t
Key Terms 751
Questions and Case Problems 752
CHAPTER24
Environmental Law 754
Ethical Consideration: Balancing the Needs to Protect the
Environment and to Meet Current Exigencies 755
Introduction 755
Historical Background 755
Regulation by State Government 756
Regulation by Local Government 758
Private Litigation 758
Regulation by the Federal Government 758
National Environmental Policy Act 759
Air Pollution 759
Legal Highlight: Benefits and
Costs of the Clean Air Act 760
Legal Highlight: Outer Continental Shelf Activities 761
Legal Highlight: Even Lawn Mowers Pollute 762
Legal Highlight: Enforcement by EPA 764
Water Pollution 764
Nuclear Wastes 771
Shore Protection 77?
Noise Pollution 772
Toxic Substances 772
Pesticide and Herbicide Control 772
Waste Disposal 772
CyberLaw: Record Research on the Web 777
Endangered Species Act 111
Judicial Limits 779
Legal Highlight: Economic and Environmental
Concerns 780
Environmental Side Agreement to NAFTA 780
International Consideration: Global
Antipollution Actions 781
Appendices
A Constitution of the United
States of America A l
B The Uniform Commercial
Code (Excerpts) A 14
C The Sherman Act (Excerpts) A 64
D The Clayton Act (Excerpts) A 65
E The Federal Trade Commission Act
(Excerpts) A 70
F National Labor Relations
Act (Excerpts) A 71
G Federal Civil Rights Acts (Excerpts)
including the Americans with
Disabilities Act (Excerpts)
42 U.S.C.A. §§ 1981 etseq. A 72
Contents • xix
Legally Speaking: Considerations
When Purchasing Real Property 782
Chapter Summary 783
Using the World Wide Web 783
Key Terms 785
Questions and Case Problems 785
H The Uniform Partnership
Act (Excerpts) A 82
I International Top Level
Domain (ITLD) A 87
J Critical Thinking A 89
K Selected World Wide
Web Addresses A 96
L Spanish Equivalents for Important
Legal Terms in English A 107
Glossary G l
Table of Cases T l
Index 1 1
|
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| dewey-search | 346.7307 |
| dewey-sort | 3346.7307 |
| dewey-tens | 340 - Law |
| discipline | Rechtswissenschaft |
| edition | 5. ed. |
| format | Book |
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| spelling | Bohlman, Herbert M. Verfasser aut The legal, ethical, and international environment of business Herbert M. Bohlman ; Mary Jane Dundas 5. ed. Cincinnati, Ohio [u.a.] West [u.a.] 2002 Getr. Zählung txt rdacontent n rdamedia nc rdacarrier Business ethics United States Business law United States Commercial law United States Industrial laws and legislation United States Trade regulation United States Unternehmensrecht (DE-588)4078611-0 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf (DE-588)4123623-3 Lehrbuch gnd-content USA (DE-588)4078704-7 g Unternehmensrecht (DE-588)4078611-0 s DE-604 Dundas, Mary Jane Verfasser aut HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010035707&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Bohlman, Herbert M. Dundas, Mary Jane The legal, ethical, and international environment of business Business ethics United States Business law United States Commercial law United States Industrial laws and legislation United States Trade regulation United States Unternehmensrecht (DE-588)4078611-0 gnd |
| subject_GND | (DE-588)4078611-0 (DE-588)4078704-7 (DE-588)4123623-3 |
| title | The legal, ethical, and international environment of business |
| title_auth | The legal, ethical, and international environment of business |
| title_exact_search | The legal, ethical, and international environment of business |
| title_full | The legal, ethical, and international environment of business Herbert M. Bohlman ; Mary Jane Dundas |
| title_fullStr | The legal, ethical, and international environment of business Herbert M. Bohlman ; Mary Jane Dundas |
| title_full_unstemmed | The legal, ethical, and international environment of business Herbert M. Bohlman ; Mary Jane Dundas |
| title_short | The legal, ethical, and international environment of business |
| title_sort | the legal ethical and international environment of business |
| topic | Business ethics United States Business law United States Commercial law United States Industrial laws and legislation United States Trade regulation United States Unternehmensrecht (DE-588)4078611-0 gnd |
| topic_facet | Business ethics United States Business law United States Commercial law United States Industrial laws and legislation United States Trade regulation United States Unternehmensrecht USA Lehrbuch |
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