Business Law and the Legal Environment

(1 review)


Don Mayer, University of Miami
Daniel Warner, Western Washington University
George Siedel, University of Michigan Business School

Pub Date: 2012

ISBN 13:

Publisher: Saylor Foundation

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Reviewed by Jena Martin, Associate Dean , West Virginia University , on 12/6/2016.

The book provides an extensive overview of many (if not most) of the relevant issues that would arise in the business law context. In fact, due to … read more


Table of Contents

• Preface
• Chapter 1: Introduction to Law and Legal Systems
• Chapter 2: Corporate Social Responsibility and Business Ethics
• Chapter 3: Courts and the Legal Process
• Chapter 4: Constitutional Law and US Commerce
• Chapter 6: Criminal Law
• Chapter 7: Introduction to Tort Law
• Chapter 8: Introduction to Contract Law
• Chapter 9: The Agreement
• Chapter 10: Real Assent
• Chapter 11: Consideration
• Chapter 12: Legality
• Chapter 13: Form and Meaning
• Chapter 14: Third-Party Rights
• Chapter 15: Discharge of Obligations
• Chapter 16: Remedies
• Chapter 17: Introduction to Sales and Leases
• Chapter 18: Title and Risk of Loss
• Chapter 19: Performance and Remedies
• Chapter 20: Products Liability
• Chapter 21: Bailments and the Storage, Shipment, and Leasing of Goods
• Chapter 22: Nature and Form of Commercial Paper
• Chapter 23: Negotiation of Commercial Paper
• Chapter 24: Holder in Due Course and Defenses
• Chapter 25: Liability and Discharge
• Chapter 26: Legal Aspects of Banking
• Chapter 27: Consumer Credit Transactions
• Chapter 28: Secured Transactions and Suretyship
• Chapter 29: Mortgages and Nonconsensual Liens
• Chapter 30: Bankruptcy
• Chapter 31: Introduction to Property: Personal Property and Fixtures
• Chapter 32: Intellectual Property
• Chapter 33: The Nature and Regulation of Real Estate and the Environment
• Chapter 34: The Transfer of Real Estate by Sale
• Chapter 35: Landlord and Tenant Law
• Chapter 36: Estate Planning: Wills, Estates, and Trusts
• Chapter 37: Insurance
• Chapter 38: Relationships between Principal and Agent
• Chapter 39: Liability of Principal and Agent; Termination of Agency
• Chapter 40: Partnerships: General Characteristics and Formation
• Chapter 41: Partnership Operation and Termination
• Chapter 42: Hybrid Business Forms
• Chapter 43: Corporation: General Characteristics and Formation
• Chapter 44: Legal Aspects of Corporate Finance
• Chapter 45: Corporate Powers and Management
• Chapter 46: Securities Regulation
• Chapter 47: Corporate Expansion, State and Federal Regulation of Foreign Corporations, and Corporate Dissolution
• Chapter 48: Antitrust Law
• Chapter 49: Unfair Trade Practices and the Federal Trade Commission
• Chapter 50: Employment Law
• Chapter 51: Labor-Management Relations
• Chapter 52: International Law
• Chapter 53: Contracts

About the Book

Our goal is to provide students with a textbook that is up to date and comprehensive in its coverage of legal and regulatory issues—and organized to permit instructors to tailor the materials to their particular approach. This book engages students by relating law to everyday events with which they are already familiar (or with which they are familiarizing themselves in other business courses) and by its clear, concise, and readable style. (An earlier business law text by authors Lieberman and Siedel was hailed “the best written text in a very crowded field.”)

This textbook provides context and essential concepts across the entire range of legal issues with which managers and business executives must grapple. The text provides the vocabulary and legal acumen necessary for businesspeople to talk in an educated way to their customers, employees, suppliers, government officials—and to their own lawyers.

About the Contributors


Don Mayer teaches law, ethics, public policy, and sustainability at the Daniels College of Business, University of Denver, where he is professor in residence. His research focuses on the role of business in creating a more just, sustainable, peaceful, and productive world. With James O’Toole, Professor Mayer has coedited and contributed content to Good Business: Exercising Effective and Ethical Leadership (Routledge, 2010). He is also coauthor of International Business Law: Cases and Materials, which is in its fifth edition with Pearson Publishing Company. He recently served as the first Arsht Visiting Ethics Scholar at the University of Miami.

Daniel M. Warner is a magna cum laude graduate of the University of Washington, where–following military service–he also attended law school. In 1978, after several years of civil practice, he joined the faculty at the College of Business and Economics at Western Washington University, where he is now a professor of business legal studies in the Accounting Department. He has published extensively, exploring the intersection of popular culture and the law, and has received the College of Business Dean’s Research Award five times for “distinguished contributions in published research.” Professor Warner served on the Whatcom County Council for eight years (two years as its chair). He has served on the Faculty Senate and on various university and college committees, including as chairman of the University Master Plan Committee. Professor Warner has also been active in state bar association committee work and in local politics, where he has served on numerous boards and commissions for over thirty years.

George J. Siedel’s research addresses legal issues that relate to international business law, negotiation, and dispute resolution. Recent publications focus on proactive law and the use of law to gain competitive advantage. His work in progress includes research on the impact of litigation on large corporations and the use of electronic communication as evidence in litigation.

Professor Siedel has been admitted to practice before the United States Supreme Court and in Michigan, Ohio, and Florida. Following graduation from law school, he worked as an attorney in a professional corporation. He has also served on several boards of directors and as associate dean of the University of Michigan Business School.