Business Law: A Storytelling Approach, 1st edition

Published by Pearson (December 22, 2022) © 2023

  • Michael Fricke

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  • Inspire engagement through active learning
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For business law courses.

A wholistic, contextualized approach to understanding the legal issues that affect businesses

Business Law: A Storytelling Approach takes a compelling look at why the law is important and how it fits into the context of business. Using scenario-based examples, the text examines the legal needs of actual companies throughout their life cycles. Seeing concepts in action provides context and prepares students for the types of legal concerns they'll experience in their professional lives.

This 1st Edition profiles recent and relevant judicial cases. It also includes a multitude of opportunities for practice, so students are prepared for future career success.

Hallmark features of this title

  • 7 units cover the entire life cycle of a business, from start-up through bankruptcy. A fictional company, TIP Technologies, is used throughout the text to familiarize students with how the firm operates, its key players, and how it's affected by the law.
  • Concept Check assessments appear after each section in multiple-choice format. Students get numerous tries at each question and receive feedback.
  • End-of-chapter Post-Quizzes contain 10 conceptual and scenario-based multiple-choice questions.
  • Chapter-opening TIP Tech scenarios set the stage for the material to follow. Examples extend the scenarios to clarify chapter topics.
  • Video Cases bring actual court decisions to life. They encourage students to retain the important points illustrated by a judicial decision.

New and updated features of this title

  • An overview of 2 additional relevant judicial cases in a guided format focuses students on the pertinent facts, the key question the court considered, and the ruling.
  • Focus on Ethics cases expose students to a variety of ethical challenges in business settings.
  • Critical-Thinking Activities and Questions provide multiple opportunities for practice.
  • Mini-Sim exercises put students in professional roles and give them the opportunity to apply legal concepts and develop decision-making skills through real-world business challenges.

Features of Revel for the 1st Edition

  • A clear, detailed schedule alerts students to precisely which readings must be completed on which dates. This helps them stay on task by eliminating any ambiguity as to what will be covered during each class.
  • Flexible assignment settings. Select the content you want to assign by major section in each chapter, set a due date, and publish your assignment.
  • LMS integration provides institutions, instructors and students easy access to their Revel courses via Blackboard Learn, Canvas, Brightspace by D2L, and Moodle. Single sign-on lets students access Revel on their first day.

UNIT 1: BIRTH OF A BUSINESS

  1. Sources of Laws
  2. The Constitution and Governmental Powers
  3. Sole Proprietorships and Partnerships
  4. Corporations: Their Characteristics, Formation, and Shareholders' Roles and Rights
  5. Corporations: Directors and Officers
  6. Limited Liability Companies and Franchises
  7. Intellectual Property Protection
  8. Financing a New Business

UNIT 2: THE GROWING COMPANY I: MANAGING CUSTOMERS AND SUPPLIERS

  1. Contracts: Agreement and Assent
  2. Contracts: Consideration and Statute of Frauds
  3. Contracts: Capacity and Legality
  4. Contracts: Third-Party Rights
  5. Contracts: Discharge
  6. Contracts for the Sale of Goods, Part I
  7. Contracts for the Sale of Goods, Part II

UNIT 3: THE GROWING COMPANY II: MANAGING FINANCIAL MATTERS

  1. Advanced Debtor-Creditor Relations
  2. Negotiable Instruments
  3. Checks and Banking Regulations
  4. Insurance

UNIT 4: THE GROWING COMPANY III: MANAGING EMPLOYEES

  1. Agency
  2. Employment Law and Employee Rights
  3. Labor Relations
  4. Discrimination and Diversity

UNIT 5: DANGER! NAVIGATING BUSINESS PITFALLS

  1. Litigation
  2. Civil Liability
  3. Criminal Liability
  4. Contracts: Performance, Breach, and Remedies
  5. Alternative Dispute Resolution

UNIT 6: UNCLE SAM OR BIG BROTHER? THE GOVERNMENT'S ROLE IN A BUSINESS'S LIFE

  1. Administrative Law
  2. Antitrust Regulation
  3. Consumer Protection
  4. Environmental Protection

UNIT 7: LIFE AS A LARGE, PUBLICLY TRADED COMPANY

  1. Securities
  2. Mergers and Acquisitions
  3. Real Property, Part I
  4. Real Property, Part II
  5. Personal Property
  6. Doing Business Internationally
  7. Bankruptcy

About our author

Michael Fricke, JD, MBA, teaches law and ethics at the University of Arizona Eller College of Management. Prior to joining the Eller faculty, he taught at the University of Illinois Gies College of Business and was an attorney in private practice. He loves alliteration and has won numerous teaching awards, and his students generally think he's a pretty good person. Michael lives with his wife and 3 daughters in Tucson, Arizona, where the sun shines every day and every form of plant or animal wants to kill you.

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