Test Bank for Managers and the Legal Environment Strategies for the 21st Century, 8th Edition

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  • ISBN-10 ‏ : ‎ 1285860373
  • ISBN-13 ‏ : ‎ 978-1285860374
  • Author: Constance E. Bagley

Demonstrating the law’s impact on daily business decisions and long-term strategies, Bagley’s MANAGERS AND THE LEGAL ENVIRONMENT: STRATEGIES FOR THE 21ST CENTURY, 8E equips you with the legal knowledge and risk management techniques essential for success as a business manager. Renowned for its cutting-edge coverage and strategic approach, this book offers one of the most comprehensive yet easy-to-understand presentations of today’s global legal environment of business. In-depth cases help you sharpen your critical thinking skills, and “A Manager’s Dilemma” feature challenges you to consider such issues as whether to outsource labor to a country known for poor working conditions and the ethics of structuring a business to avoid domestic taxes. Whether you have significant management experience or are studying business for the first time, you will learn how to use principles of law to minimize risk and create value, attain core business objectives, identify and resolve legal issues, and effectively handle legal disputes. Up-to-date coverage includes the regulation of commercial speech, the disclosure of corporate political spending, the application of the Fourth Amendment to cell phone location data, the patentability of human genes, employees’ use of social media, regulatory responses to climate change, the fiduciary duties of managers of limited liability companies, the FCC’s proposed rules on net neutrality, the constitutionality of Obamacare, the use of race in college admissions, the Defense of Marriage Act, NSA surveillance programs, the right of college football players to unionize, and more.

Table of contents:

  1. Unit I: Foundations of the Legal and Regulatory Environment
  2. Ch 1: Law, Value Creation, and Risk Management
  3. Ch 1: Introduction
  4. Ch 1: Chapter Overview
  5. 1-1: The Systems Approach to Business and Society
  6. 1-2: Law and Public Policy
  7. 1-3: The Legally Astute Manager
  8. Ch 1: Key Words and Phrases
  9. Ch 1: Questions and Case Problems
  10. Ch 2: Ethics and the Law
  11. Ch 2: Introduction
  12. Ch 2: Chapter Overview
  13. 2-1: The Relationship Between Law and Ethics
  14. 2-2: The Ethical Tone Is Set at the Top
  15. 2-3: The Ethical Business Leader’s Decision Tree
  16. 2-4: Individual Responsibility
  17. 2-5: Failing to Meet Societal Expectations
  18. 2-6: Positive Action
  19. 2-7: Promoting Ethical Behavior
  20. 2-8: Honor or “The Morals of the Market Place”?
  21. Ch 2: Key Words and Phrases
  22. Ch 2: Questions and Case Problems
  23. Ch 3: Sources of Law, Courts, and Dispute Resolution
  24. Ch 3: Introduction
  25. Ch 3: Chapter Overview
  26. 3-1: How to Read a Case Citation
  27. 3-2: Sources of Law
  28. 3-3: The U.S. and State Court Systems
  29. 3-4: Federal Jurisdiction
  30. 3-5: Federal Courts
  31. 3-6: State Courts
  32. 3-7: Standing
  33. 3-8: Personal Jurisdiction
  34. 3-9: Choice of Forum, Waiver of Right to Trial by Jury, and Choice of Law
  35. 3-10: Alternatives to Litigation
  36. 3-11: Class Actions
  37. 3-12: Civil Procedure: Litigation Steps
  38. 3-13: Alternative Dispute Resolution
  39. 3-14: Negotiation
  40. 3-15: Mediation
  41. 3-16: Arbitration
  42. 3-17: ADR Hybrids
  43. 3-18: Discovery
  44. 3-19: Document Retention and Deletion
  45. 3-20: Attorney–Client Privilege, Attorney Work-Product Doctrine, and Other Privileges
  46. Ch 3: Key Words and Phrases
  47. Ch 3: Questions and Case Problems
  48. Ch 4: Constitutional Bases for Business Regulation
  49. Ch 4: Introduction
  50. Ch 4: Chapter Overview
  51. 4-1: Structure of Government
  52. 4-2: Separation of Powers
  53. 4-3: Supremacy Clause and Preemption
  54. 4-4: Federalism
  55. 4-5: The Commerce Clause
  56. 4-6: Federal Fiscal Powers
  57. 4-7: Protection of Individual Liberties
  58. 4-8: Freedom of Speech and the Press
  59. 4-9: Right of Association
  60. 4-10: Freedom of Religion
  61. 4-11: The Fourth Amendment
  62. 4-12: Due Process Under the Fifth and Fourteenth Amendments
  63. 4-13: Compensation for Takings
  64. 4-14: Equal Protection
  65. 4-15: Right to Jury Trial
  66. Ch 4: Key Words and Phrases
  67. Ch 4: Questions and Case problems
  68. Ch 5: Agency
  69. Ch 5: Introduction
  70. Ch 5: Chapter Overview
  71. 5-1: Formation of an Agency Relationship
  72. 5-2: Types of Agency Relationships
  73. 5-3: Fiduciary Duty
  74. 5-4: Agent’s Ability to Bind the Principal to Contracts Entered into by the Agent
  75. 5-5: Liability for Torts of Agents
  76. 5-6: Liability of the Principal for Violations of Law by the Agent
  77. Ch 5: Key Words and Phrases
  78. Ch 5: Questions and Case Problems
  79. Ch 6: Administrative Law
  80. Ch 6: Introduction
  81. Ch 6: Chapter Overview
  82. 6-1: How Administrative Agencies Act
  83. 6-2: Administrative Agencies and The Constitution
  84. 6-3: Principles of Administrative Law
  85. 6-4: Judicial Review of Agency Actions
  86. 6-5: Decision-Making Power of Agencies
  87. 6-6: Finding an Agency’s Rules and Procedures
  88. 6-7: Obtaining Documents from an Agency
  89. Ch 6: Key Words and Phrases
  90. Ch 6: Questions and Case Problems
  91. Unit II: The Legal Environment
  92. Ch 7: Contracts
  93. Ch 7: Introduction
  94. Ch 7: Chapter Overview
  95. 7-1: Basic Requirements of a Contract
  96. 7-2: Agreement
  97. 7-3: Consideration
  98. 7-4: Capacity
  99. 7-5: Legality
  100. 7-6: Promissory Estoppel
  101. 7-7: Precontractual Liability for Failure to Negotiate in Good Faith
  102. 7-8: Unconscionability
  103. 7-9: Genuineness of Assent
  104. 7-10: Statute of Frauds
  105. 7-11: The Parol Evidence Rule
  106. 7-12: Changed Circumstances
  107. 7-13: Contract Modification
  108. 7-14: Discharge of a Contract
  109. 7-15: Duty of Good Faith and Fair Dealing
  110. 7-16: Third-Party Beneficiaries
  111. 7-17: Remedies
  112. 7-18: Contracts Relating to Mergers and Acquisitions
  113. Ch 7: Key Words and Phrases
  114. Ch 7: Questions and Case Problems
  115. Ch 8: Sales, Licensing, and E-Commerce
  116. Ch 8: Introduction
  117. Ch 8: Chapter Overview
  118. 8-1: Article 2 of the UCC
  119. 8-2: Software Licenses
  120. 8-3: Contract Formation
  121. 8-4: Statute of Frauds
  122. 8-5: Electronic Contracts: The Uniform Electronic Transactions Act and the E-Sign Act
  123. 8-6: Duty of Good Faith Under the UCC
  124. 8-7: Warranties
  125. 8-8: Magnuson–Moss Warranty Act
  126. 8-9: The Passing of Title
  127. 8-10: Allocation of the Risk of Loss
  128. 8-11: Right to Reject Nonconforming Goods
  129. 8-12: Unconscionability
  130. 8-13: Commercial Impracticability
  131. 8-14: Remedies
  132. Ch 8: Key Words and Pharses
  133. Ch 8: Questions and Case Problems
  134. Ch 9: Torts and Privacy Protection
  135. Ch 9: Intrduction
  136. Ch 9: Chapter Overview
  137. 9-1: Elements of an Intentional Tort and Defenses
  138. 9-2: Intentional Torts to Protect Persons
  139. 9-3: Intentional Torts That Protect Property
  140. 9-4: Intentional Torts That Protect Certain Economic Interests and Business Relationships
  141. 9-5: Negligence
  142. 9-6: Liability of Accountants and Other Professionals to Third Parties
  143. 9-7: Negligent Hiring and Liability for Employee Recommendations
  144. 9-8: Strict Liability
  145. 9-9: Respondeat Superior and Vicarious Liability
  146. 9-10: Successor Liability
  147. 9-11: Damages
  148. 9-12: Equitable Relief
  149. 9-13: Liability of Multiple Defendants
  150. 9-14: Privacy Protection
  151. 9-15: Identity Theft
  152. Ch 9: Key Words and Phrases
  153. Ch 9: Questions and Case Problems
  154. Ch 10: Product Liability
  155. Ch 10: Introduction
  156. Ch 10: Chapter Overview
  157. 10-1: Theories of Recovery
  158. 10-2: Litigation Strategy and the Availability of Punitive Damages
  159. 10-3: What Is a Product?
  160. 10-4: What Makes a Product Defective?
  161. 10-5: Who May Be Strictly Liable for Product Defects?
  162. 10-6: Successor, Market-Share, and Premises Liabilit
  163. 10-7: Product Liability Class Actions
  164. 10-8: Common Law Defenses
  165. 10-9: Other Legislative Limits on Liability
  166. 10-10: Tobacco and “Big Food”
  167. Ch 10: Key Words and Phrases
  168. Ch 10: Questions and Case Problems
  169. Ch 11: Intellectual Property
  170. Ch 11: Introduction
  171. Ch 11: Chapter Overview
  172. 11-1: Patents
  173. 11-2: Copyrights
  174. 11-3: Registered Mask Works
  175. 11-4: Trademarks
  176. 11-5: Domain Names and Cybersquatting
  177. 11-6: Trade Dress
  178. 11-7: Trade Secrets
  179. Ch 11: Key Words and Phrases
  180. Ch 11: Questions and Case Problems
  181. Unit III: Human Resources
  182. Ch 12: The Employment Agreement
  183. Ch 12: Introduction
  184. Ch 12: Chapter Overview
  185. 12-1: At-Will Employment
  186. 12-2: Wrongful Discharge
  187. 12-3: Statutory and Constitutional Protection for Whistleblowers
  188. 12-4: Fraudulent Inducement
  189. 12-5: Noncompete and Other Agreements
  190. 12-6: Tortious Interference with Prospective Economic Advantage
  191. 12-7: References for Former Employees
  192. 12-8: Employer Testing and Surveillance
  193. 12-9: Responsibility for Worker Safety
  194. 12-10: Minimum Wage, Overtime, and Child Labor
  195. 12-11: Employee Benefits
  196. 12-12: Worker Adjustment and Retraining Notification Act (Warn Act)
  197. 12-13: Immigration Law
  198. 12-14: Labor–Management Relations
  199. Ch 12: Key Words and Phrases
  200. Ch 12: Questions and Case Problems
  201. Ch 13: Civil Rights and Employment Discrimination
  202. Ch 13: Introduction
  203. Ch 13: Chapter Overview
  204. 13-1: Overview of Civil Rights Legislation
  205. 13-2: Title VII
  206. 13-3: Age Discrimination
  207. 13-4: Disability Discrimination
  208. 13-5: Family and Medical Leave Act
  209. 13-6: Veterans’ Reemployment Rights
  210. 13-7: Affirmative Action
  211. 13-8: Applicability of Civil Rights Laws to Temporary Workers
  212. 13-9: The Extraterritorial Reach of U.S. Employment Discrimination Laws
  213. Ch 13: Key Word and Phrases
  214. Ch 13: Questions and Case Problems
  215. Unit IV: The Regulatory Environment
  216. Ch 14: Criminal Law
  217. Ch 14: Introduction
  218. Ch 14: Chapter Overview
  219. 14-1: Definition of a Crime
  220. 14-2: Source of Criminal Law
  221. 14-3: Elements of a Crime
  222. 14-4: Criminal Versus Civil Liability
  223. 14-5: Criminal Procedure
  224. 14-6: Constitutional Protections: The Ex Post Facto Clause
  225. 14-7: Constitutional Protections: The Fourth Amendment
  226. 14-8 Constitutional Protections: The Fifth Amendment
  227. 14-9: Constitutional Protections: The Sixth Amendment
  228. 14-10: Constitutional Protections: The Eighth Amendment
  229. 14-11: Nonconstitutional Protections
  230. 14-12: Federal Sentencing Guidelines
  231. 14-13: Individual Liability for Criminal Acts
  232. 14-14: Corporate Liability for Criminal Acts
  233. 14-15: White-Collar Crime
  234. 14-16: Other Federal Regulatory and Tax Offenses
  235. 14-17: Amnesty and Leniency Programs
  236. Ch 14: Key Words and Phrases
  237. Ch 14: Questions and Case Problems
  238. Ch 15: Environmental Law
  239. Ch 15: Introduction
  240. Ch 15: Chapter Overview
  241. 15-1: Overview of Environmental Laws
  242. 15-2: Administration of Environmental Laws
  243. 15-3: Standing
  244. 15-4: The Clean Air Act
  245. 15-5: The Clean Water Act
  246. 15-6: Other Federal and State Chemical Regulations
  247. 15-7: The Resource Conservation and Recovery Act
  248. 15-8: The Federal Superfund Law (CERCLA)
  249. 15-9: Environmental Justice
  250. 15-10: Enforcement Activities and Sanctions for Noncompliance
  251. 15-11: Management of Environmental Compliance
  252. Ch 15: Key Words and Phrases
  253. Ch 15: Questions and Case Problems
  254. Ch 16: Antitrust
  255. Ch 16: Introduction
  256. Ch 16: Chapter Overview
  257. 16-1: Jurisdictional Reach: Interstate or Foreign Trade and Commerce
  258. 16-2: Agreements in Restraint of Trade: Section 1 of the Sherman Act
  259. 16-3: Monopolies: Section 2 of the Sherman Act
  260. 16-4: Price Discrimination: The Robinson–Patman Act
  261. 16-5: Mergers: Section 7 of the Clayton Act
  262. 16-6: Unfair Methods of Competition: Section 5 of the Federal Trade Commission Act
  263. 16-7: State-Action Exemption
  264. 16-8: Antitrust Enforcement
  265. 16-9: The Extraterritorial Reach of U.S. Antitrust Law
  266. Ch 16: Key Words and Phrases
  267. Ch 16: Questions and Case Problems
  268. Ch 17: Consumer Protection
  269. Ch 17: Introduction
  270. Ch 17: Chapter Overview
  271. 17-1: Commissions and Agencies
  272. 17-2: Food Safety and Labeling
  273. 17-3: Drugs and Medical Devices
  274. 17-4: Labeling of Other Products
  275. 17-5: Broadcasting and the Internet
  276. 17-6: The Consumer Product Safety Commission
  277. 17-7: Automobiles
  278. 17-8: Protecting Privacy and Canning Spam
  279. 17-9: Unfairness, Deception, and Fraud
  280. 17-10: State Occupational Licensing
  281. 17-11: Consumer Credit
  282. 17-12: Regulation of Virtual Currencies
  283. Ch 17: Key Words and Phrases
  284. Ch 17: Questions and Case Problems
  285. Ch 18: Real Property and Land Use
  286. Ch 18: Introduction
  287. Ch 18: Chapter Overview
  288. 18-1: Forms of Ownership
  289. 18-2: Transfer of Ownership
  290. 18-3: Recording Statutes and Title Insurance
  291. 18-4: Brokers
  292. 18-5: Acquisitions and Dispositions
  293. 18-6: Environmental Due Diligence
  294. 18-7: Preliminary Agreements
  295. 18-8: Financing
  296. 18-9: Appraisal Methods
  297. 18-10: Protective Laws for Borrowers
  298. 18-11: Commercial Leasing
  299. 18-12: Environmental Impact Statements and Assessments
  300. 18-13: Government Regulation of Land Use
  301. 18-14: Physical Accessibility to Commercial Facilities and Public Accommodations: The ADA and State
  302. Ch 18: Key Words and Phrases
  303. Ch 18: Questions and Case Problems
  304. Unit V: Corporate Governance, Ownership, and Control
  305. Ch 19: Forms of Business Organizations
  306. Ch 19: Introduction
  307. Ch 19: Chapter Overview
  308. 19-1: Sole Proprietorships
  309. 19-2: General Partnerships
  310. 19-3: Joint Ventures
  311. 19-4: Limited Liability Partnerships
  312. 19-5: Limited Partnerships
  313. 19-6: Master Limited Partnerships
  314. 19-7: Corporations
  315. 19-8: Limited Liability Companies
  316. 19-9: Benefit Corporations
  317. 19-10: Low-Profit Limited Liability Companies
  318. 19-11: Income Tax Considerations
  319. 19-12: Agency Lawand Limited Liability
  320. 19-13: Partnership Mechanics
  321. 19-14: Limited Partnership Requirements
  322. 19-15: Incorporation
  323. 19-16: Piercing the Veil of a Corporation or Limited Liability Company
  324. 19-17: Management of the Corporation
  325. 19-18: Structural Changesin a Corporation
  326. 19-19: Tender Offers and Stock Repurchases
  327. Ch 19: Key Words and Phrases
  328. Ch 19: Questions and Case Problems
  329. Ch 20: Directors, Officers, and Controlling Shareholders
  330. Ch 20: Introduction
  331. Ch 20: Chapter Overview
  332. 20-1: The Business Judgment Rule and the Duty of Care
  333. 20-2: Duty of Good Faith
  334. 20-3: Duty of Loyalty
  335. 20-4: Duty of Candor
  336. 20-5: Duties in the Context of Mergers, Acquisitions, and Takeovers
  337. 20-6: Allocation of Power Between the Directors and the Shareholders
  338. 20-7: Duty of Directors to Disclose Preliminary Merger Negotiations
  339. 20-8: Executive Compensation
  340. 20-9: Duties of Controlling Shareholders
  341. Ch 20: Key Words and Phrases
  342. Ch 20: Questions and Case Problems
  343. Unit VI: Securities and Financial Transactions
  344. Ch 21: Public and Private Offerings of Securties
  345. Ch 21: Introduction
  346. Ch 21: Chapter Overview
  347. 21-1: The Federal Statutory Scheme
  348. 21-2: SEC Rules and Regulations
  349. 21-3: State Blue Sky Laws
  350. 21-4: Definition of Terms
  351. 21-5: Registration of Securities Offerings
  352. 21-6: EDGAR and Use of Social Media
  353. 21-7: Shelf Registration
  354. 21-8: Reorganizations and Combinations
  355. 21-9: Exemptions for Offerings by the Issuer
  356. 21-10: The Private Placement Memorandum
  357. 21-11: Exemptions for Secondary Offerings
  358. 21-12: Registration of Public Companies Under the 1934 Act and Periodic Reporting Requirements
  359. 21-13: Violation of the Registration and Prospectus-Delivery Requirements: Section 12(A)(1) of the 1
  360. 21-14: Section 11 of the 1933 Act
  361. 21-15: Section 12(A)(2) of the 1933 Act
  362. 21-16: Criminal Penalties
  363. Ch 21: Key Words and Phrases
  364. Ch 21: Questions and Case Problems
  365. Ch 22: Securities Fraud and Insider Trading
  366. Ch 22: Introduction
  367. Ch 22: Chapter Overview
  368. 22-1: Overview of Antifraud Provisions
  369. 22-2: Rule 10b–5
  370. 22-3: Interstate Commerce
  371. 22-4: Misstatement or Omission
  372. 22-5: Materiality
  373. 22-6: Scienter
  374. 22-7: In Connection with the Purchase or Sale of Any Security
  375. 22-8: Reliance
  376. 22-9: Causation
  377. 22-10: Calculation of Damages
  378. 22-11: Statute of Limitations
  379. 22-12: Regulation AC and Securities Fraud Involving a Publicly Traded Company
  380. 22-13: Litigation Reform Act Safe Harbor for Forward-Looking Statements
  381. 22-14: Liability of Secondary Actors
  382. 22-15: Section 17(A)
  383. 22-16: SEC Actions
  384. 22-17: Responsibility of Auditors to Detect and Report Illegalities
  385. 22-18: Definition of Insider Trading
  386. 22-19: Application of Insider Trading Rules to Government Officials and Political Intelligence Firms
  387. 22-20: Mail and Wire Fraud
  388. 22-21: RICO
  389. 22-22: Enforcement of Antifraud Prohibitions
  390. 22-23: Selective Disclosureand Regulation FD
  391. 22-24: Other Requirements Applicable to Officers, Directors, and Greater-Than-10% Shareholders
  392. Ch 22: Key Words and Phrases
  393. Ch 22: Questions and Case Problems
  394. Ch 23: Debtor-Creditor Relations and Bankruptcy
  395. Ch 23: Introduction
  396. Ch 23: Chapter Overview
  397. 23-1: Loan Agreements
  398. 23-2: Commercial Loan Categories
  399. 23-3: Secured Transactions Under Article 9 of the UCC
  400. 23-4: Equipment Leasing
  401. 23-5: Guaranties
  402. 23-6: Subordination
  403. 23-7: Lender Liability
  404. 23-8: Special Provisions Applicable to Failed Banks and Other Financial Institutions
  405. 23-9: Management Duties May Shift When a Company Enters the Insolvency Zone
  406. 23-10: Overview of Bankruptcy Law

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