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Legal Basics for Entrepreneurs
This text covers the broad spectrum of legal issues that entrepreneurs must understand when starting and running a business. The text is organized to permit instructors to tailor the materials to their particular approach. The authors take special care to engage students by relating law to everyday events with their clear, concise and readable style.
- Author
- LibreTexts
- Publisher
- LibreTexts
- Source
- LibreTexts
- License
- CC BY-NC-SA
- Language
- EN
- Category
- Business Administration
Contents· 274 sections
- 01: Introduction to Law and Legal Systems
- 1.01: What Is Law
- 1.02: Schools of Legal Thought
- 1.03: Basic Concepts and Categories of US Positive Law
- 1.04: Sources of Law and Their Priority
- 1.05: Legal and Political Systems of the World
- 1.06: A Sample Case
- 1.07: Summary and Exercises
- 02: Corporate Social Responsibility and Business Ethics
- 2.01: Introduction
- 2.02: What Is Ethics
- 2.03: Major Ethical Perspectives
- 2.04: An Ethical Decision Model
- 2.05: Corporations and Corporate Governance
- 2.06: Summary and Exercises
- 03: Courts and the Legal Process
- 3.01: Introduction
- 3.02: The Relationship between State and Federal Court Systems in the United States
- 3.03: The Problem of Jurisdiction
- 3.04: Motions and Discovery
- 3.05: The Pretrial and Trail Phase
- 3.06: Judgment Appeal and Execution
- 3.07: When Can Someone Bring a Lawsuit
- 3.08: Relations with Lawyers
- 3.09: Alternative Means of Resolving Disputes
- 3.10: Cases
- 04: Constitutional Law and US Commerce
- 4.01: Chapter Introduction
- 4.02: Basic Aspects of the US Constitution
- 4.03: The Commerce Clause
- 4.04: Dormant Commerce Clause
- 4.05: Preemption - The Supremacy Clause
- 4.06: Business and the Bill of Rights
- 4.07: 4.6 Cases
- 4.08: Summary and Exercises
- 05: Administrative Law
- 5.01: Administrative Agencies - Their Structure and Powers
- 5.02: Controlling Administrative Agencies
- 5.03: The Administrative Procedure Act
- 5.04: Administrative Burdens on Business Operations
- 5.05: The Scope of Judicial Review
- 5.06: Cases
- 5.07: Summary and Exercises
- 06: Criminal Law
- 6.01: The Nature of Criminal Law
- 6.02: Types of Crimes
- 6.03: The Nature of a Criminal Act
- 6.04: Responsibility
- 6.05: Procedure
- 6.06: Constitutional Rights of the Accused
- 6.07: Cases
- 6.08: Summary and Exercises
- 07: Introduction to Tort Law
- 7.01: Chapter Introduction
- 7.02: Purpose of Tort Laws
- 7.03: Intentional Torts
- 7.04: Negligence
- 7.05: Strict Liability
- 7.06: Cases
- 7.07: Summary and Exercises
- 08: Introduction to Contract Law
- 8.01: Chapter Introduction
- 8.02: General Perspectives on Contracts
- 8.03: Sources of Contract Law
- 8.04: Basic Taxonomy of Contracts
- 8.05: Cases
- 8.06: Summary and Exercises
- 09: The Agreement
- 9.01: Chapter Summary
- 9.02: The Agreement in General
- 9.03: The Offer
- 9.04: The Acceptance
- 9.05: Cases
- 9.06: Summary and Exercises
- 10: Real Assent
- 10.01: Chapter Introduction
- 10.02: Duress and Undue Influence
- 10.03: Misrepresentation
- 10.04: Mistake
- 10.05: Capacity
- 10.06: Cases
- 10.07: Summary and Exercises
- 11: Consideration
- 11.01: Chapter Summary
- 11.02: General Perspectives on Consideration
- 11.03: Legal Sufficiency
- 11.04: Promises Enforceable without Consideration
- 11.05: Cases
- 11.06: Summary and Exercises
- 12: Legality
- 12.01: Chapter Summary
- 12.02: General Perspectives on Illegality
- 12.03: Agreements in Violation of Statute
- 12.04: Bargains Made Illegal by Common Law
- 12.05: Effect of Illegality and Exceptions
- 12.06: Cases
- 12.07: Summary and Exercises
- 13: Form and Meeting
- 13.01: Chapter Summary
- 13.02: The Statute of Frauds
- 13.03: The Parol Evidence Rule
- 13.04: Interpretation of Agreements- Practicalities versus Legalities
- 13.05: Cases
- 13.06: Summary and Exercises
- 14: Third-Party Rights
- 14.01: Chapter Introduction
- 14.02: Assignment of Contract Rights
- 14.03: Delegation of Duties
- 14.04: Third-Party Beneficiaries
- 14.05: Cases
- 14.06: Summary and Exercises
- 15: Discharge of Obligations
- 15.01: Chapter Introduction
- 15.02: Discharge of Contract Duties
- 15.03: Cases
- 15.04: Summary and Exercises
- 16: Remedies
- 16.01: Chapter Introduction
- 16.02: Theory of Contract Remedies
- 16.03: Promisee's Interests Protected by Contract
- 16.04: Legal Remedies - Damages
- 16.05: Equitable Remedies
- 16.06: Limitations on Contract Remedies
- 16.07: Cases
- 16.08: Summary and Exercises
- 17: Products Liability
- 17.01: Chapter Introduction
- 17.02: Introduction Why Products-Liability Law Is Important
- 17.03: Warranties
- 17.04: Negligence
- 17.05: Strict Liability in Tort
- 17.06: Tort Reform
- 17.07: Cases
- 17.08: Summary and Exercises
- 18: Intellectual Property
- 18.01: Chapter Introduction
- 18.02: Patents
- 18.03: Trade Secrets
- 18.04: Copyright
- 18.05: Trademarks
- 18.06: Cases
- 18.07: Summary and Exercises
- 19: Insurance
- 19.01: Chapter Introduction
- 19.02: Definitions and Types of Insurance
- 19.03: Property Insurance Liability Insurance and Life Insurance
- 19.04: Insurer's Defenses
- 19.05: Case
- 19.06: Summary and Exercises
- 20: Relationships between Principal and Agent
- 20.01: Chapter Summary
- 20.02: Introduction to Agency and the Types of Agents
- 20.03: Duties between Agent and Principal
- 20.04: Cases
- 20.05: Summary and Exercises
- 21: Liability of Principal and Agent Termination of Agency
- 21.01: Chapter Summary
- 21.02: Principals Contract Liability
- 21.03: Principals Tort and Criminal Liability
- 21.04: Agents Personal Liability for Torts and Contracts Termination of Agency
- 21.05: Cases
- 21.06: Summary and Exercises
- 22: Partnerships - General Characteristics and Formation
- 22.01: Chapter Introduction
- 22.02: Introduction to Partnerships and Entity Theory
- 22.03: Partnership Formation
- 22.04: Cases
- 22.05: Summary and Exercises
- 23: Partnership Operation and Termination
- 23.01: Chapter Introduction
- 23.02: Operation - Relationship among Partners
- 23.03: Operation - The Partnership and Third Parties
- 23.04: Dissolution and Winding Down
- 23.05: Cases
- 23.06: Summary and Exercises
- 24: Hybrid Business Forms
- 24.01: Chapter Introduction
- 24.02: Limited Partnerships
- 24.03: Limited Liability Companies
- 24.04: Other Forms
- 24.05: Cases
- 24.06: Summary and Exercises
- 25: Corporation - General Characteristics and Formation
- 25.01: Chapter Introduction
- 25.02: Historical Background
- 25.03: Partnerships versus Corporations
- 25.04: The Corporate Veil - The Corporation as a Legal Entity
- 25.05: Classifications of Corporations
- 25.06: Corporate Organization
- 25.07: Effect of Organization
- 25.08: Cases
- 25.09: Summary and Exercises
- 26: Legal Aspects of Corporate Finance
- 26.01: Chapter Introduction
- 26.02: General Sources of Corporate Funds
- 26.03: Bonds
- 26.04: Types of Stock
- 26.05: Initial Public Offerings and Consideration for Stock
- 26.06: Dividends
- 26.07: The Winds of Change
- 26.08: Cases
- 26.09: Summary and Exercises
- 27: Corporate Powers and Management
- 27.01: Chapter Introduction
- 27.02: Powers of a Corporation
- 27.03: Rights of Shareholders
- 27.04: Duties and Powers of Directors and Officers
- 27.05: Liability of Directors and Officers
- 27.06: Cases
- 27.07: Summary and Exercises
- 28: Securities Regulation
- 28.01: Chapter Introduction
- 28.02: The Nature of Securities Regulation
- 28.03: Liability under Securities Law
- 28.04: Cases
- 28.05: Summary and Exercises
- 29: Corporate Expansion State and Federal Reguation of Foreign Corporations and Corporate Dissolution
- 29.01: Chapter Introduction
- 29.02: Corporate Expansion
- 29.03: Foreign Corporations
- 29.04: Dissolution
- 29.05: Cases
- 29.06: Summary and Exercises
- 30: Employment Law
- 30.01: Chapter Introduction
- 30.02: Federal Employment Discrimination Laws
- 30.03: Employment at Will
- 30.04: Other Employment-Related Laws
- 30.05: Cases
- 30.06: Summary and Exercises
- 31: Labor-Management Relations
- 31.01: Chapter Introduction
- 31.02: A Brief History of Labor Legislation
- 31.03: The National Labor Relations Board - Organization and Functions
- 31.04: Labor and Management Rights under the Federal Labor Laws
- 31.05: Cases
- 31.06: Summary and Exercises
- 32: Consumer Credit Transactions
- 32.01: Chapter Introduction
- 32.02: Entering into a Credit Transaction
- 32.03: Consumer Protection Laws and Debt Collection Practices
- 32.04: Cases
- 32.05: Summary and Exercises
- 33: Secured Transactions and Suretyship
- 33.01: Chapter Introduction
- 33.02: Introduction to Secured Transactions
- 33.03: Priorities
- 33.04: Rights of Creditor on Default and Disposition after Repossession
- 33.05: Suretyship
- 33.06: Cases
- 33.07: Summary and Exercises
- 34: Mortgages and Nonconsensual Liens
- 34.01: Chapter Introduction
- 34.02: Uses History and Creation of Mortgages
- 34.03: Priority Termination of the Mortgage and Other Methods of Using Real Estate as Security
- 34.04: Nonconsensual Lien
- 34.05: Cases
- 34.06: Summary and Exercises
- 35: Bankruptcy
- 35.01: Chapter Introduction
- 35.02: Introductin to Bankruptcy and Overview of the 2005 Bankruptcy Act
- 35.03: Case Administration Creditors Claims Debtors Exemptions and Dischargeable Debts Debtors Estate
- 35.04: Chapter 7 Liquidation
- 35.05: Chapter 11 and Chapter 13 Bankruptcies
- 35.06: Alternatives to Bankruptcy
- 35.07: Cases
- 35.08: Summary and Exercises
- 36: Introduction to Property- Personal Property and Fixtures
- 36.01: Chapter Introduction
- 36.02: The General Nature of Property Rights
- 36.03: Personality Property
- 36.04: Fixtures
- 36.05: Case
- 36.06: Summary and Exercises