Contents PART Ⅰ THE LEGAL ENVIRONMENT OF BUSINESS Chapter 1 Nature and Sources of Law3 Chapter 2 Court Systems, Jurisdiction, and Functions8 Chapter 3 Dispute Resolutions16 Chapter 4 Common and Statutory Law31 Chapter 5 Constitutional Law44 Chapter 6 Lawmaking by Administrative Agencies64 Chapter 7 Torts80 Chapter 8 Business Torts and Crimes105
PART Ⅱ PRINCIPLES OF CONTRACT LAW Chapter 9 Nature and Classification of Contracts123 Chapter 10 The Agreement130 Chapter 11 Consideration137 Chapter 12 Illegality142 Chapter 13 Voidable Contracts146 Chapter 14 Contracts in Writing152 Chapter 15 Rights of Third Parties156 Chapter 16 Discharge of Contracts159
PART Ⅲ AGENCY Chapter 17 Agency: Nature, Creation, Duties, and Termination167 Chapter 18 Agency: Liability of the Parties174
PART Ⅳ COMMERCIAL TRANSACTIONS Chapter 19 Sales: Introduction to the Law of Sales183 Chapter 20 Sales: Title, Risk of Loss, and Insurable Interest186 Chapter 21 Sales: Warranties and Products Liability191 Chapter 22 Sales: Performance and Remedies194 Chapter 23 Commercial Paper: Negotiability and Transfer200 Chapter 24 Commercial Paper: Holders in Due Course and Defenses204 Chapter 25 Commercial Paper: Liability of the Parties210 Chapter 26 Commercial Paper: Checks and the BankDepositor Relationship214
PART Ⅴ SECURED TRANSACTION AND BANKRUPTCY Chapter 27 Secured Transactions221 Chapter 28 Bankruptcy227
PART Ⅵ BUSINESS ORGANIZATIONS Chapter 29 Partnerships: Nature, Formation, and Property235 Chapter 30 Partnerships: Operating the Business239 Chapter 31 Partnerships: Termination244 Chapter 32 Limited Partnerships249 Chapter 33 Corporations: Nature and Formation256 Chapter 34 Corporations: Corporate Powers and Management260 Chapter 35 Corporations: Rights and Liabilities of Shareholders and Managers267 Chapter 36Corporations: Merger, Consolidation, and Termination273 Chapter 37Legal Liability of Accountants279
PART Ⅶ PROPERTY: OWNERSHIP, CONTROL, AND PROTECTION Chapter 38 Real Property285 Chapter 39 Landlord and Tenant292 Chapter 40 Personal Property and Bailments298 Chapter 41 Wills, Trusts, and Estate Planning302 Chapter 42 Insurance and Risk Management306 Chapter 43 Antitrust Law: The Sherman Act313 Chapter 44 Antitrust Law: The Clayton and RobinsonPatman Acts319 Chapter 45 Employment Law324 Chapter 46 Securities Regulation327 Chapter 47 Consumer Transactions and the Law331 Chapter 48 The Legal Aspect of International Business335
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