Business Law is a practical, concise, and broad-based introduction to the vibrant field of business law. While continuing to offer all of the features that have made the nine prior editions successful, this new edition includes a new chapter on the areas of law affected by social media, updated content, and enhanced support materials. Both the traditional areas of law, such as contracts and property, and the emerging areas of law, such as e-commerce and environmental, are covered in short, informative chapters written to capture the essence of each topic. The objective of the text throughout its coverage is ease—ease of use, ease of teaching, ease of assessment, and ease of understanding. It has been developed for those seeking a more fundamental overview of the concepts and principles that are vital to the understanding of business law. Business Law covers the latest developments in the legal field. This text will help you discover a wealth of information and learning opportunities that will give you a clear understanding of business law topics. The text will also help you identify, explain, and apply the principles of business law in your daily life and in the larger world in which you live. The world of business is continually changing, especially with the advent and evolution of the global marketplace. The concepts and principles presented in the text will assist you in understanding those changes as they relate to business law. The chapters of Business Law are organized in a concise and easy-to-read way. Numerous examples applying the law to real-world situations will assist you in understanding important concepts, whereas key term definitions are provided throughout the text for your reference. The end-of-chapter assessments will help you apply your knowledge and gauge your understanding of the material as you progress, and the extra resources accompanying the text will provide useful and easy-to-use tools to supplement your appreciation of the material.
Rafaella Stradella is an author and legal scholar recognized for her contributions to international commercial jurisprudence, particularly in the intersection of corporate policy and dispute resolution. She has notably authored works exploring how multinational companies operate and navigate emerging markets. Born in Edinburgh in 1984, she was the daughter of a maritime logistics manager and a forensic accountant. She exhibited an early obsession with structural systems and organizational rules. Rafaella completed her undergraduate studies in philosophy at the University of St Andrews before reading law at Cambridge. There, her master’s thesis, The Corporate Veil as an Aesthetic Barrier, won the prestigious (fictional) Eldon Juridical Prize. She spent fifteen years as a senior partner at the international firm Sterling & Vance LLP and specialized in cross-border restructuring, hostile takeovers, and corporate governance disputes. She famously negotiated the restructuring of the defunct tech conglomerate OmniCorp. This landmark case redefined the application of force majeure clauses during global supply chain failures. Retiring from active practice in 2018, she shifted her focus entirely to legal academia and writing. Her published research focuses heavily on navigating international commercial disputes, globalized commerce, and creating adaptive legal frameworks. Her research frequently addresses the intersection of technology and corporate law, exploring how to synergize modern Online Dispute Resolution (ODR) with traditional legal infrastructures to improve access to justice globally.
Preface 1. Tort Law 1.1 The Nature Of Torts 1.2 Defamation 1.3 Libel And Slander 1.4 Defenses To Defamation 1.5 Nuisance 1.6 Conversion 1.7 Negligence 1.8 Liability 1.9 Summary 2. Introduction To Contracts 2.1 The Nature Of A Contract 2.2 Sources Of Contract Law 2.3 Purpose Of A Contract 2.4 Elements Of An Enforceable Contract 2.5 Kinds Of Contracts 2.6 Status Of Contracts 2.7 Enforceability Of Contracts 2.8 Summary 3. Offer And Acceptance 3.1 Reaching Agreement 3.2 Requirements For A Valid Offer 3.3 Bids, Advertising, And Public Offers 3.4 Requirements For A Valid Acceptance 3.5 Termination Of An Offer 3.6 Summary 4. Mutual Agreement 4.1 Defective Agreements 4.2 Fraud 4.3 Misrepresentation 4.4 Mistake 4.5 Undue Influence 4.6 Duress 4.7 Contracts Of Adhesion 4.8 Unconscionable Contracts 4.9 Summary 5. Legal Purpose Of Contracts 5.1 Legality And The Public Interest 5.2 Agreements In Violation Of Statutes 5.3 Agreements Against Public Policy 5.4 Illegal Restraints Of Trade 5.5 Legal Restraints Of Trade 5.6 Summary 6. Form Of Contracts 6.1 The Requirement Of Proper Form 6.2 The Parol Evidence Rule 6.3 The Statute Of Frauds 6.4 Types Of Contracts That Must Be In Writing 6.5 Information Included In A Written Contract 6.6 Summary 7. Transfer Of Title 7.1 Title 7.2 Kinds Of Property 7.3 How Title Passes 7.4 When Title Passes 7.5 Conditional Sales 7.6 Lost And Stolen Goods 7.7 Transfer Of Title By Estoppel 7.8 Sales By Persons Having Possession 7.9 Transfer Of Title To Fungible Goods 7.10 Summary 8. Business Organizations 8.1 Organizational Forms 8.2 Sole Proprietorship 8.3 Partnership 8.4 Corporation 8.5 Limited Liability Company 8.6 Other Organizational Forms 8.7 Summary 9. Bankruptcy 9.1 Insolvency And Default 9.2 The Law Of Bankruptcy 9.3 Chapter 7 Of The Federal Bankruptcy Law 9.4 The Bankruptcy Abuse Prevention And Consumer Protection Act Of 2005 9.5 Chapter 13 Of The Federal Bankruptcy Law 9.6 The Federal Bankruptcy Law 9.7 Summary 10. Introduction To Commercial Paper 10.1 Characteristics Of Commercial Paper 10.2 Kinds Of Commercial Paper 10.3 Parties To Commercial Paper 10.4 Essentials For Negotiability Of Commercial Paper 10.5 Nonessentials For Negotiability Of Commercial Paper 10.6 Checks 10.7 Electronic Funds Transfer Systems 10.8 Summary 11. Intellectual Property 11.1 Intellectual Property Defined 11.2 Trade Secrets 11.3 Application Of Trade Secret Law To Computer Software 11.4 Trademarks 11.5 Application Of Trademark Law To Cyberspace 11.6 Copyrights 11.7 Application Of Copyright Law To Software And Cyberspace 11.8 Patents 11.9 Application Of Patent Law To Computer Hardware And Software 11.10 ummary 12. Computer Privacy And Speech 12.1 Computer Privacy 12.2 Computer Crime 12.3 Computer Crime Legislation 12.4 Computer Speech 12.5 Advertising On The Web 12.6 Summary 13. Social Media 13.1 Introduction 13.2 Privacy In Social Media 13.3 Crime And Social Media 13.4 Social Media And Speech 13.5 Emerging Issues In Social Media 13.6 Summary 14. Conducting Business In Cyberspace 14.1 Business And The Internet 14.2 Selling Securities On The Web 14.3 Selling Entertainment On The Web 14.4 Entering Into Contracts On The Web 14.5 Settling Disputes In Cyberspace 14.6 Paying Taxes On Internet Sales 14.7 Summary 15. Professionals’ Liability 15.1 Professionals 15.2 Malpractice 15.3 Elements Of Malpractice 15.4 Liability For Professional Malpractice 15.5 Reducing Professionals’ Risk Of Liability 15.6 Summary 16. International Business Law 16.1 Global Business 16.2 What Is International Law 16.3 Applying Other Countries’ Laws—The Doctrine Of Comity 16.4 International Trade Institutions 16.5 The International Legal Environment 16.6 Doing Business In Foreign Countries 16.7 International Law And Intellectual Property 16.8 Summary 17. Business And The Environment 17.1 The Development Of Environmental Protection 17.2 Government’s Regulation Over Itself 17.3 Government Regulation Of Business 17.4 Major Federal Legislation Protecting The Environment 17.5 Lawsuits By Private Citizens 17.6 Types Of Pollution 17.7 A Changing Global Environment 17.8 Other Environmental Issues 17.8 Summary 18. Health Care Law 18.1 Introduction 18.2 Advance Directives 18.3 Types Of Medical Insurance 18.4 Health-Related Employee Benefits 18.5 State And Federal Regulation Of Health Care Insurance 18.6 The Health Insurance Portability And Accountability Act Of 1996 Privacy Rule 18.7 Summary 19. Real And Personal Property 19.1 Characteristics Of Property 19.2 Distinction Between Real And Personal Property 19.3 Acquiring Title To Personal Property 19.4 Ownership Of Real Or Personal Property 19.5 Real Property 19.6 Interests In Real Property 19.7 Transfer Of Real Property 19.8 Summary 20. Bailments 20.1 Bailment Defined 20.2 Characteristics Of Bailments 20.3 Kinds Of Bailments And Care During Custody 20.4 Summary 21. Landlord–Tenant Relations 21.1 The Landlord–Tenant Relationship 21.2 Types Of Tenant Interests In Real Property 21.3 Rights And Duties Of The Parties 21.4 Termination Of Leases 21.5 Tort Liability 21.6 Summary 22. Landlord–Tenant Relations 22.1 The Purpose Of A Will 22.2 The Language Of Wills 22.3 Types Of Gifts Under Wills 22.4 Requirements Of A Valid Will 22.5 Revising And Revoking Wills 22.6 Intestacy 22.7 Trusts 22.8 Summary 23. Employment Law 23.1 Worker Safety And Health 23.2 Discrimination In Employment 23.3 Labor Unions 23.4 Additional Employee Rights 23.5 Summary 24. The Employer–Employee Relationship 24.1 Duties Of Employer And Employee To Each Other 24.2 Employees Versus Independent Contractors 24.3 The Doctrine Of Employment At Will 24.4 Employment Contracts 24.5 Employee Handbooks 24.6 Employee References 24.7 Fair Labor Standards Act Of 1938 24.8 Summary Glossary Bibliography Index
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