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Business Law: Principles for Today's Commercial Environment, 5th Edition

David P. Twomey, Marianne M. Jennings

  • Copyright 2017
  • {{checkPublicationMessage('Published', '2016-01-01T00:00:00+0000')}}
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Business Law: Principles for Today's Commercial Environment 5th Edition by David P. Twomey/Marianne M. Jennings
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Overview

Twomey, Jennings and Greene’s BUSINESS LAW: PRINCIPLES FOR TODAY'S COMMERCIAL ENVIRONMENT, 5E uses excerpted cases in the language of the court to provide both comprehensive and clear coverage. Updates throughout this edition address the latest developments and all of the topics you require without overwhelming students with unnecessary detail. Based on the authors’ extensive teaching experience, this trusted text offers a wealth of integrated examples and applications that feature current events and familiar situations to help students grasp legal concepts. This edition’s clear, thorough guidance helps students prepare for the CPA exam. In addition, engaging feature boxes, numerous brief examples and applications are marked "For Example" so students can easily find them as they progress through each chapter's narrative. This edition’s new MindTap offers an optional online, highly personalized learning experience built on Cengage Learning content that helps you prepare for class.

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Meet the Authors

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David P. Twomey

Professor David Twomey has been a member of the business law department in the Carroll School of Management at Boston College since 1968. As department chair for more than a decade, and a multi-term chair of the school’s Education Policy Committee, Professor Twomey has served as a spokesperson for a strong legal and ethical component in both the undergraduate and graduate curriculum. He is the author of 36 editions of textbooks on labor, employment and business law topics. His articles have appeared in journals such as Best’s Review, The American Business Law Journal, The Labor Law Journal, The Massachusetts Law Quarterly, The Florida Bar Journal, and The Business Law Review. Professor Twomey has served as arbitrator in more than 2,000 labor-management disputes throughout the country. His service includes appointments by Presidents Ronald Reagan, George H. W. Bush, William J. Clinton, George W. Bush and Barack Obama to nine Presidential Emergency Boards, whose recommendations served as the basis for the resolution of major disputes in the rail and airline industries. After service in the U.S. Marine Corps, Professor Twomey graduated from Boston College, earned his M.B.A. at the University of Massachusetts, Amherst, and a J.D. degree at Boston College Law School. He is a member of the Massachusetts and Florida Bars and a member of the National Academy of Arbitrators.

Marianne M. Jennings

Professor Marianne Jennings is an emeritus professor of legal and ethical studies in business from the W.P. Carey School of Business at Arizona State University (ASU). She was named professor of the year in the College of Business in 1981, 1987, 2000 and 2010 and was the recipient of a Burlington Northern teaching excellence award in 1985. She served as director of the Joan and David Lincoln Center for Applied Ethics at ASU from 1995-1999. From 2006-2007, she served as the faculty director for the M.B.A. Executive Program. She took emeritus status in 2015, but continues to teach graduate courses in business ethics and ethical culture at ASU and other colleges around the country. She is also an instructor and mentor for Wiley’s CPAExcel review course. Professor Jennings has authored hundreds of articles in academic, professional and trade journals. She was named one of the Top 100 Thought Leaders by Trust Across America in 2010. In 2012 she was named one of the 100 Most Influential People in Business Ethics by Ethisphere magazine. Her columns have been syndicated around the country, and her work has appeared in the Wall Street Journal, the Chicago Tribune, the New York Times, Washington Post and the Reader's Digest. She has been a commentator on business issues on All Things Considered for National Public Radio. She has appeared on CNBC, CBS This Morning, the Today Show and CBS Evening News. Professor Jennings earned her undergraduate degree in finance and her J. D. from Brigham Young University. She has done consulting work for law firms, government agencies, businesses and professional groups including Allstate, Amgen, AstraZeneca, Blue Cross Blue Shield, Boeing, Bristol-Myers Squibb, Coca-Cola, Department of Energy, Department of Interior, Dial Corporation, DuPont, IBM, Institute of Internal Auditors, Mattel, Motorola, Southern California Edison, Pfizer and Toyota.

What's New

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  • NEW MINDTAP® OFFERS STUDENTS A FULLY ONLINE, HIGHLY PERSONALIZED LEARNING EXPERIENCE BUILT ON CENGAGE LEARNING CONTENT. MindTap® combines learning tools -- such as readings, multimedia, activities, and assessments -- into a singular learning path that guides students through the course. As an instructor, you can personalize the experience by customizing content and learning tools. MindTap® enables you to add your own content in the learning path with apps that integrate into the MindTap® framework seamlessly with your institution’s existing learning management systems.

Features

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  • UPDATED CASES AND EXAMPLES FEATURE CURRENT AND NEWSWORTHY TOPICS. With the latest updates throughout this edition, it’s simple to bring today’s most recent developments and current events into your class.
  • "MAKE THE CONNECTION" HIGHLIGHTS THE RELEVANCE OF WHAT STUDENTS ARE LEARNING. These engaging features at the end of each chapter help your students understand the relationship between concepts from the book and real-life situations.
  • LEARNING OUTCOMES DIRECT STUDENT ATTENTION TO KEY CONCEPTS. These helpful learning features assist students in mastering and retaining legal concepts
  • ENHANCED INSTRUCTOR’S MANUAL SAVES YOU PREPARATION TIME. This essential resource is filled with insights, teaching strategies, and chapter outlines specifically designed to save you time and assist you in creating a dynamic course.
  • ENGAGING, ACTIVE PRESENTATION KEEPS STUDENTS ENGAGED AND LEARNING. Known for delivering an active, lucid writing style, these experienced, award-winning authors present features with an appropriate depth of explanation, interesting cases, and real-world examples.
  • RELEVANT CASES CLARIFY CONCEPTS AND HIGHLIGHT APPLICATIONS. Engaging cases reinforce student comprehension and ensure the clearest application of concepts. This edition’s cases present landmark decisions as well as appellate decisions.
  • CPA ICONS THROUGHOUT THE BOOK DIRECT READERS TO CONTENT COVERED ON THE CPA EXAM. Icons identify content within the chapters while end-of-chapter materials include questions drawn from past CPA exams.

Table of Contents

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Preface.
Acknowledgments.
About The Authors.
PART I: THE LEGAL AND SOCIAL ENVIRONMENT OF BUSINESS.
1. The Nature and Sources of Law.
2. The Court System and Dispute Resolution.
3. Business Ethics, Social Forces, and The Law.
4. The Constitution As The Foundation of The Legal Environment.
5. Government Regulation of Competition and Prices.
6. Administrative Agencies.
7. Crimes.
8. Torts.
9. Intellectual Property Rights and The Internet.
10. The Legal Environment of International Trade.
PART II: CONTRACTS.
11. Nature and Classes of Contracts: Contracting On The Internet.
12. Formation of Contracts: offer and Acceptance.
13. Capacity and Genuine Assent.
14. Consideration.
15. Legality and Public Policy.
16. Writing, Electronic Forms, and Interpretation of Contracts.
17. Third Persons and Contracts.
18. Discharge of Contracts.
19. Breach of Contract and Remedies.
PART III: SALES AND LEASES OF GOODS.
20. Personal Property and Bailments.
21. Legal Aspects of Supply Chain Management.
22. Nature and Form of Sales.
23. Title and Risk of Loss.
24. Product Liability: Warranties and Torts.
25. Obligations and Performance.
26. Remedies For Breach of Sales Contracts.
PART IV: NEGOTIABLE INSTRUMENTS.
27. Kinds of Instruments, Parties, and Negotiability.
28. Transfers of Negotiable Instruments and Warranties of Parties.
29. Liability of The Parties Under Negotiable Instruments.
30. Checks and Funds Transfers.
PART V: DEBTOR-CREDITOR RELATIONSHIPS.
31. Nature of The Debtor-Creditor Relationship.
32. Consumer Protection.
33. Secured Transactions In Personal Property.
34. Bankruptcy.
35. Insurance.
PART VI: AGENCY AND EMPLOYMENT.
36. Agency.
37. Third Persons In Agency.
38. Regulation of Employment.
39. Equal Employment Opportunity Law.
PART VII: BUSINESS ORGANIZATIONS.
40. Types of Business Organizations.
41. Partnerships.
42. LPs, LLCs, and LLPs.
43. Corporation Formation.
44. Shareholder Rights In Corporations.
45. Securities Regulation.
46. Accountants' Liability and Malpractice.
47. Management of Corporations.
PART VIII: REAL PROPERTY AND ESTATES.
48. Real Property.
49. Environmental Law and Land Use Controls.
50. Leases.
51. Decedents' Estates and Trusts.
Appendices.
Glossary.
Case Index.
Subject Index.

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Supplements

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Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

FOR INSTRUCTORS

MindTap Business Law, 2 terms (12 months) Instant Access for Twomey/Jennings/Greene's Business Law: Principles for Today's Commercial Environment

ISBN: 9781305630840
MindTap Business Law for Twomey's Business Law: Principles for Today's Commercial Environment, 5th Edition is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap. MindTap: Powered by You. MindTap gives you complete ownership of content. Search the library of cases from previous editions to incorporate into the learning path. Interactive cases and exhibits and video explanations are integrated into the reader. Activities help students prepare, engage, apply and analyze business law content while elevating learning, promoting critical thinking skills, and producing better outcomes. An Adaptive Test Prep helps students study with unlimited practice and feedback. Analytics and reports provide class progress.

MindTap Business Law, 1 term (6 months) Instant Access for Twomey/Jennings/Greene's Business Law: Principles for Today's Commercial Environment

ISBN: 9781305630826
MindTap Business Law for Twomey's Business Law: Principles for Today's Commercial Environment, 5th Edition is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap. MindTap: Powered by You. MindTap gives you complete ownership of content. Search the library of cases from previous editions to incorporate into the learning path. Interactive cases and exhibits and video explanations are integrated into the reader. Activities help students prepare, engage, apply and analyze business law content while elevating learning, promoting critical thinking skills, and producing better outcomes. An Adaptive Test Prep helps students study with unlimited practice and feedback. Analytics and reports provide class progress.

FOR STUDENTS

MindTap Business Law, 2 terms (12 months) Instant Access for Twomey/Jennings/Greene's Business Law: Principles for Today's Commercial Environment

ISBN: 9781305630840
MindTap Business Law for Twomey's Business Law: Principles for Today's Commercial Environment, 5th Edition is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap. MindTap: Powered by You. MindTap gives you complete ownership of content. Search the library of cases from previous editions to incorporate into the learning path. Interactive cases and exhibits and video explanations are integrated into the reader. Activities help students prepare, engage, apply and analyze business law content while elevating learning, promoting critical thinking skills, and producing better outcomes. An Adaptive Test Prep helps students study with unlimited practice and feedback. Analytics and reports provide class progress.

MindTap Business Law, 1 term (6 months) Instant Access for Twomey/Jennings/Greene's Business Law: Principles for Today's Commercial Environment

ISBN: 9781305630826
MindTap Business Law for Twomey's Business Law: Principles for Today's Commercial Environment, 5th Edition is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap. MindTap: Powered by You. MindTap gives you complete ownership of content. Search the library of cases from previous editions to incorporate into the learning path. Interactive cases and exhibits and video explanations are integrated into the reader. Activities help students prepare, engage, apply and analyze business law content while elevating learning, promoting critical thinking skills, and producing better outcomes. An Adaptive Test Prep helps students study with unlimited practice and feedback. Analytics and reports provide class progress.