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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Errata & Additions
- 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.