Dynamic Business Law, 6th Edition TEST BANK By Nancy Kubasek, ISBN: 9781260733976, All 52 Chapters Covered, Verified Latest Edition TEST BANK For Dynamic Business Law, 6th Edition By Nancy Kubasek, Verified Chapters 1 - 52, Complete Newest Version Dynamic Business Law, 6th Edition TEST BANK By Nanc...
Solution Manual
Dynamic Business Law, 6th Edition
By Nancy Kubasek
,Chapter 1 - An Introduction to Dynamic Business Law
2D 2D 2D 2D 2D 2D 2D 2D
CHAPTER OVERVIEW 2D
Chapter One lays the foundation for the textbook. Make sure you look on the publisher‘s web site for informa
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
tion about how business law intersects with the six functional areas of business. The authors encourage studen
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
ts to ―connect to the core,‖ and remember the ways in which law intersects with other areas of study, includin
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
g corporate management, production and transportation, marketing, research and development, accounting an
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
d finance, and human resource management.
2D 2D 2D 2D 2D
This manual supports the ―connecting to the core‖ theme by giving ideas for assignments that encourage stu
2D 2 D 2D 2D 2D 2D 2D 2D 2 D 2D 2D 2D 2D 2 D 2D 2D
dents to integrate their business law knowledge with knowledge they are acquiring from their other business cl
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
asses. The manual also encourages professors to improve their teaching skills. Finally, the manual suggests teac
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
hing ideas for both beginning and experienced teachers.
2D 2D 2D 2D 2D 2D 2D
LEARNING OBJECTIVES 2D
After reading this chapter, students will be able to:
2D 2D 2D 2D 2D 2D 2D 2D
1-1 Define business law. 2D 2D
1-2 Relate the functional areas of business to the relevant areas of business law1-
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
3 Recall the purposes of law.
2D 2D 2D 2D 2D
1-4 Distinguish among types of law. 2D 2D 2D 2D
1-5 Differentiate between sources of the law. 2D 2D 2D 2D 2D
1-6 Identify the various schools of jurisprudence.2D 2D 2D 2D 2D
LECTURE NOTES WITH DEFINITIONS 2D 2D 2D
In the news…
2D 2D Teaching tip: For each chapter, consider asking students to relate current newsite
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
ms to material from the chapter.
2D 2D 2D 2D 2D
In addition to ideas students come up with on their own, consider weaving inn
2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2D
ews stories provided by the McGraw Hill.
2D 2D 2D 2D 2D 2D
For Chapter One, McGraw Hill offers the following stories:
2D 2D 2D 2D 2D 2D 2D 2D
―Smoking Ban: Tobacco Tyrants: Gone Too Far? Many States Are PuttingStronger
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2
Restrictions on Where You Can Smoke‖
D 2D 2D 2D 2D 2D
Have states gone too far in banning smoking? 2D 2D 2D 2D 2D 2D 2D
, Whose interests are state legislatures looking out for in banningsmok
2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2D
Constitutional law refers to the general limits and powers of governments asst
law.
2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2D
ated in their written constitutions.
2D 2D 2D 2D
2. Statutes or legislative actions 2D 2D 2D
3. Cases
Case law (or common law) is the collection of legal interpretations made byj
2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2D
udges.
Stare decisis means courts are relying on precedent.
2D 2D 2D 2D 2D 2D 2D
Teaching tip: The first time your students encounter an appellate case in the
2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D
, readings, show them what stare decisis looks like in the context of a real case.
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
4. Administrative law 2D
Administrative law is the collection of rules and decisions made byadmi 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2D
nistrative agencies. 2D
5. Treaties
A treaty is a binding agreement between two states or internationalorga
2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2D
nizations.
6. Executive orders
2 D 2D
An executive order is a directive that comes from the president or stategovernor.
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
1- Schools of jurisprudence are common guides to legal interpretation.
2D 2D 2D 2D 2D 2D 2D 2D
6 Identify the vario
2D 2D 2D
Natural law—certain ethical laws and principles are morally right and 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D
us schools ofjurisp
2D 2D 2D
―above‖ the laws devised by humans. 2D 2D 2D 2D 2D
rudence.
Legal Positivism— 2 D
assumes the legitimate political authority deservesour obedience when it 2 D 2 D 2 D 2 D 2 D 2D 2D 2D 2D 2
issues a rule. D 2D 2D
Identification with the Vulnerable— 2D 2D 2D
emphasis on fairness and lookingout for those with the least power. 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
Historical School/Tradition—emphasis on the use of stare decisis. 2D 2D 2D 2D 2D 2D 2D
Legal Realism—judges consider social and economic conditions.2D 2D 2D 2D 2D 2D
Cost-benefit Analysis— 2D
make calculations to maximize the ratio ofbenefits to costs.
2D 2D 2D 2D 2D 2D 2D 2D 2D
Teaching tip: Consider using ―The Case of the Speluncean Explorers (link below
2D2D 2D2D 2D2D 2D2D 2D2D 2D2D 2D 2D 2D 2D 2D2D 2D2D 2D
) to make the schools of jurisprudence come alive.
2D 2D 2D 2D 2D 2D 2D 2D
Global and Comp
2D 2D At this point in the textbook, students should merely have an awareness that global
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
arative Law2D ization has affected the scope of business law. Consequently, we highlight the defi
2D 2D 2D 2D 2D 2D 2D 2D 2 D 2D 2D 2D
nitions to the following key terms that will come up later in the book:
2D 2D 2D 2D 2D 2D 2D 2 D 2D 2D 2D 2D 2D
Trade, i.e. the exchange of goods or services, on a global scale has ledt
2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2 D 2D
o the creation of trade agreements that serve as de facto rules governingthe
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
global business environment. 2D 2D
Comparative law— 2D
the field of law that studies and compares laws in different countries.
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
Appendix on Critical 2D 2D 2D Critical thinking includes the application of evaluative standards to assess the qualit
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
Thinking and Busines
2D 2D y or the reasoning being offered to support the conclusion. Critical thinkers will fol
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
s low this pattern of careful thinking when they read an argument:
2D 2D 2D 2D 2D 2D 2D 2D 2 D 2D
1. Find the facts. 2D 2D
2. Look for the issue. 2D 2D 2D
3. Identify the judge‘s reasons and conclusion. 2D 2D 2D 2D 2D
4. Locate in the decision the rules of law that govern the judge‘s reasoning.
2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D 2D
5. Apply critical thinking to the reasoning. Evaluate the reasoning.
2D 2D 2D 2D 2D 2D 2D 2D
Look for potential ambiguity. 2D 2D 2D
Consider the strength of analogies. 2D 2D 2D 2D
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nipseyscott. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $18.99. You're not tied to anything after your purchase.
