Archives: Solution Manual

978-1259638855 Chapter 44 Part 1

978-1259638855 Chapter 44 Part 1

Chapter 44 – Shareholders’ Rights and Liabilities 44-1 CHAPTER 44 SHAREHOLDERS’ RIGHTS AND LIABILITIES I. OBJECTIVES This chapter is intended to inform students of the rights and liabilities of shareholders. After reading the chapter and attending class, a student should: […]

7 Pages | December 31, 2019
978-1259638855 Chapter 43 Part 3

978-1259638855 Chapter 43 Part 3

Chapter 43 – Management of Corporations 43–17 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, […]

6 Pages | December 31, 2019
978-1259638855 Chapter 43 Part 2

978-1259638855 Chapter 43 Part 2

Chapter 43 – Management of Corporations 43–11 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, […]

6 Pages | December 31, 2019
978-1259638855 Chapter 43 Part 1

978-1259638855 Chapter 43 Part 1

Chapter 43 – Management of Corporations 43-1 manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. CHAPTER 43 MANAGEMENT OF CORPORATIONS I. OBJECTIVES This chapter is intended to acquaint […]

9 Pages | December 31, 2019
978-1259638855 Chapter 41

978-1259638855 Chapter 41

Chapter 41 – History and Nature of Corporations 41-1 CHAPTER 41 HISTORY AND NATURE OF CORPORATIONS I. OBJECTIVES This chapter is intended to introduce students to the nature of corporations. Students should: A. Understand the history of corporation law. B. […]

9 Pages | December 31, 2019
978-1259638855 Chapter 38

978-1259638855 Chapter 38

Chapter 38 – Operation of Partnerships and Related Forms 38-1 manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. CHAPTER 38 OPERATION OF PARTNERSHIPS AND RELATED FORMS I. OBJECTIVES […]

9 Pages | December 31, 2019
978-1259638855 Chapter 37 Part 2

978-1259638855 Chapter 37 Part 2

Chapter 37 – Introduction to Forms of Business and Formation of Partnerships 37-7 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not […]

6 Pages | December 31, 2019
978-1259638855 Chapter 37 Part 1

978-1259638855 Chapter 37 Part 1

Chapter 37 – Introduction to Forms of Business and Formation of Partnerships 37-1 CHAPTER 37 INTRODUCTION TO FORMS OF BUSINESS AND FORMATION OF PARTNERSHIPS I. OBJECTIVES This chapter serves the function of introducing a student to the forms of business […]

6 Pages | December 31, 2019
978-1259638855 Chapter 36 Part 2

978-1259638855 Chapter 36 Part 2

Chapter 36 – Third-Party Relations of the Principal and the Agent 36-8 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be […]

6 Pages | December 31, 2019
978-1259638855 Chapter 36 Part 1

978-1259638855 Chapter 36 Part 1

Chapter 36 – Third-Party Relations of the Principal and the Agent 36-1 manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. CHAPTER 36 THIRD-PARTY RELATIONS OF THE PRINCIPAL AND […]

7 Pages | December 31, 2019
978-1259638855 Chapter 35 Part 2

978-1259638855 Chapter 35 Part 2

Chapter 35 – The Agency Relationship 35-7 5. Duty to notify the principal: a. Discuss the basic notification rule stated in the text. Example: P appoints A to sell certain property at a stated price to a specified person, and […]

6 Pages | December 31, 2019
978-1259638855 Chapter 35 Part 1

978-1259638855 Chapter 35 Part 1

Chapter 35 – The Agency Relationship 35-1 CHAPTER 35 THE AGENCY RELATIONSHIP I. OBJECTIVES This chapter acquaints students with the formation of the agency relation, some basic agency concepts, the agent’s duties to the principal, the principal’s duties to the […]

6 Pages | December 31, 2019
978-1259638855 Chapter 3 Part 3

978-1259638855 Chapter 3 Part 3

Chapter 03 – Business and the Constitution 3-18 manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. h. In Grutter, the Supreme Court held that the University of Michigan’s […]

7 Pages | December 31, 2019
978-1259638855 Chapter 3 Part 2

978-1259638855 Chapter 3 Part 2

Chapter 03 – Business and the Constitution 3-11 manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. case.) The Supreme Court thus passed up an opportunity to clarify what […]

7 Pages | December 31, 2019
978-1259638855 Chapter 28

978-1259638855 Chapter 28

Chapter 28 – Introduction to Credit and Secured Transactions 28-1 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, […]

8 Pages | December 31, 2019
978-1259638855 Chapter 27 Part 2

978-1259638855 Chapter 27 Part 2

Chapter 27 – Insurance Law 27-7 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or […]

5 Pages | December 31, 2019
978-1259638855 Chapter 25

978-1259638855 Chapter 25

Chapter 25 – Landlord and Tenant 25-1 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, […]

8 Pages | December 31, 2019
978-1259638855 Chapter 24 Part 2

978-1259638855 Chapter 24 Part 2

Chapter 24 – Real Property 24–10 to emphasize the title assurance method(s) used in your state. h. Discuss the implied warranty of habitability that applies to the sale of residential property by builder-vendors. Explain what “habitability” is. Emphasize that this […]

9 Pages | December 31, 2019
978-1259638855 Chapter 24 Part 1

978-1259638855 Chapter 24 Part 1

Chapter 24 – Real Property 24-1 CHAPTER 24 REAL PROPERTY I. OBJECTIVES This chapter is designed to teach students about the nature of real property, the basic rights and responsibilities that attend real property ownership, the ways in which interests […]

9 Pages | December 31, 2019
978-1259638855 Chapter 22

978-1259638855 Chapter 22

Chapter 22 – Remedies for Breach of Sales Contracts 22-1 CHAPTER 22 REMEDIES FOR BREACH OF SALES CONTRACTS I. OBJECTIVES: This chapter is intended to acquaint the student with the remedies available to an injured party, the Code rules that […]

6 Pages | December 31, 2019
978-1259638855 Chapter 21

978-1259638855 Chapter 21

Chapter 21 – Performance of Sales Contracts 21-1 CHAPTER 21 PERFORMANCE OF SALES CONTRACTS I. OBJECTIVES: This chapter builds on the previous two chapters in which the formation and basic terms of sales contracts, including warranties, are discussed. This chapter […]

7 Pages | December 31, 2019
978-1259638855 Chapter 20 Part 2

978-1259638855 Chapter 20 Part 2

Chapter 20 – Product Liability 20–11 © 2016 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or […]

9 Pages | December 31, 2019
978-1259638855 Chapter 20 Part 1

978-1259638855 Chapter 20 Part 1

Chapter 20 – Product Liability 20-1 CHAPTER 20 PRODUCT LIABILITY I. OBJECTIVES: This chapter is designed to acquaint students with the main theories of product liability recovery and the various collateral problems those theories present. After finishing with the material […]

9 Pages | December 31, 2019
978-1259638855 Chapter 2 Part 2

978-1259638855 Chapter 2 Part 2

Chapter 02 – The Resolution of Private Disputes 2-7 c. Requests for production of documents and other physical items. Stress that when a proper request is made, a party to litigation may have to produce—from its own files and records—copies […]

6 Pages | December 31, 2019
978-1259638855 Chapter 2 Part 1

978-1259638855 Chapter 2 Part 1

Chapter 02 – The Resolution of Private Disputes 2-1 manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. CHAPTER 02 THE RESOLUTION OF PRIVATE DISPUTES I. OBJECTIVES: As its […]

6 Pages | December 31, 2019
978-1259638855 Chapter 19

978-1259638855 Chapter 19

Chapter 19 – Formation and Terms of Sales Contracts 19-1 CHAPTER 19 FORMATION AND TERMS OF SALES CONTRACTS I. OBJECTIVES: In chapters 8-18, the student studied the common law rules that govern the creation and performance of contracts generally. This […]

8 Pages | December 31, 2019
978-1259638855 Chapter 18

978-1259638855 Chapter 18

Chapter 18 – Performance and Remedies 18-1 CHAPTER 18 PERFORMANCE AND REMEDIES I. OBJECTIVES This chapter is designed to teach students about the legal standards that have been developed to resolve problems that arise after the formation of a contract, […]

8 Pages | December 31, 2019
978-1259638855 Chapter 17

978-1259638855 Chapter 17

Chapter 17 – Rights of Third Parties 17-1 CHAPTER 17 RIGHTS OF THIRD PARTIES I. OBJECTIVES: This chapter is designed to acquaint students with the circumstances under which third parties’ rights and/or duties under contracts and to teach them the […]

7 Pages | December 31, 2019
978-1259638855 Chapter 16

978-1259638855 Chapter 16

Chapter 16 – Writing 16-1 CHAPTER 16 WRITING I. OBJECTIVES This chapter is designed to acquaint students with the circumstances under which a contract must be in writing. It is also designed to teach them about the operation of the […]

8 Pages | December 31, 2019
978-1259638855 Chapter 15

978-1259638855 Chapter 15

Chapter 15 – Illegality 15-1 CHAPTER 15 ILLEGALITY I. OBJECTIVES: This chapter is designed to teach students about the circumstances under which a contract cannot be enforced because it violates public policy. After reading the chapter and attending class, a […]

8 Pages | December 31, 2019
978-1259638855 Chapter 14

978-1259638855 Chapter 14

Chapter 14 – Capacity to Contract 14-1 CHAPTER 14 CAPACITY TO CONTRACT I. OBJECTIVES This chapter is designed to familiarize students with the circumstances under which a person may avoid a contract because of lack of capacity. After reading the […]

8 Pages | December 31, 2019
978-1259638855 Chapter 13

978-1259638855 Chapter 13

Chapter 13 – Reality of Consent 13-1 CHAPTER 13 REALITY OF CONSENT I. OBJECTIVES This chapter is intended to acquaint students with the circumstances under which an agreement can be avoided because it was not the product of voluntary consent. […]

8 Pages | December 31, 2019
978-1259638855 Chapter 12 Part 2

978-1259638855 Chapter 12 Part 2

Chapter 12 – Consideration 12-7 b. Discuss the text example of Connor versus Friendly Finance Company to illustrate the application of the general rule to liquidated debt situations. c. Discuss the Computer Corner/Computech text example to illustrate the accord and […]

5 Pages | December 31, 2019
978-1259638855 Chapter 12 Part 1

978-1259638855 Chapter 12 Part 1

Chapter 12 – Consideration 12-1 CHAPTER 12 CONSIDERATION I. OBJECTIVES This chapter is designed to familiarize students with the concept of consideration, which has been described as “the glue that holds the bargain together” at common law. After reading the […]

6 Pages | December 31, 2019
978-1259638855 Chapter 11

978-1259638855 Chapter 11

Chapter 11 – The Agreement: Acceptance 11-1 CHAPTER 11 THE AGREEMENT: ACCEPTANCE I. LEARNING OBJECTIVES: This chapter is intended to familiarize students with the legal issues relating to the second fundamental step in the contracting process: acceptance of an offer […]

9 Pages | December 31, 2019
978-1259638855 Chapter 10

978-1259638855 Chapter 10

Chapter 10 – The Agreement: Offer 10-1 CHAPTER 10 THE AGREEMENT: OFFER I. LEARNING OBJECTIVES: This chapter is designed to acquaint students with the first component of the mutual agreement required by contract law: the offer. After reading the chapter […]

9 Pages | December 31, 2019
978-1259638855 Chapter 1 Part 2

978-1259638855 Chapter 1 Part 2

Chapter 01 – The Nature of Law 1-8 manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. both pragmatic and policy-driven reasons. © 2016 by McGraw-Hill Education. This is […]

7 Pages | December 31, 2019
978-1259638855 Chapter 1 Part 1

978-1259638855 Chapter 1 Part 1

Chapter 01 – The Nature of Law 1-1 CHAPTER 01 THE NATURE OF LAW I. OBJECTIVES: As its title suggests, this chapter seeks to acquaint students with the general nature of law. (See also the Learning Objectives added to the […]

7 Pages | December 31, 2019
978-1259315411 Chapter 9 Solution Manual

978-1259315411 Chapter 9 Solution Manual

Page 9-1 prior written consent of McGraw-Hill Education. CHAPTER 9 SUSTAINABLE DEVELOPMENT AND THE GLOBAL BUSINESS INTRODUCTION The world community faces unprecedented ecological challenges in the 21st century, including climate change, resource scarcity, and threats to biodiversity. Many political and […]

8 Pages | December 31, 2019
978-1259315411 Chapter 9 Case Part 2

978-1259315411 Chapter 9 Case Part 2

7  Conflict of interest – Readers may assume blog writers provide their personal opinions without bias and may view blogs as credible sources of information in At this point, the instructor may wish to review the four methods of […]

5 Pages | December 31, 2019
978-1259315411 Chapter 9 Case Part 1

978-1259315411 Chapter 9 Case Part 1

1 TEACHING NOTE: CAROLINA PAD AND THE BLOGGERS1 This case illustrates the following themes and concepts discussed in the chapters listed: Theme/Concept Chapter Stakeholder theory; stakeholder analysis 1 Methods of ethical reasoning 4 The Role of Technology 11 Consumer protection; […]

6 Pages | December 31, 2019
978-1259315411 Chapter 8 Solution Manual

978-1259315411 Chapter 8 Solution Manual

Page 8-1 prior written consent of McGraw-Hill Education. CHAPTER 8 INFLUENCING THE POLITICAL ENVIRONMENT INTRODUCTION Businesses face complicated issues in managing their relationships with politicians and government regulators. Managers must understand the political environment and be active and effective participants […]

7 Pages | December 31, 2019
978-1259315411 Chapter 8 Case Part 2

978-1259315411 Chapter 8 Case Part 2

7 Although virtue ethics usually refer to an individual’s character, the concept can also be applied Likewise, Massey’s actions do not pass the “virtue” test. Massey was animated by “bottom line thinking” and showed an almost complete lack of empathy […]

6 Pages | December 31, 2019
978-1259315411 Chapter 7 Solution Manual

978-1259315411 Chapter 7 Solution Manual

Page 7-1 prior written consent of McGraw-Hill Education. CHAPTER 7 BUSINESS-GOVERNMENT RELATIONS INTRODUCTION Governments seek to protect and promote the public good and in these roles establish rules under which business operates in society. Therefore, a government’s influence on business […]

9 Pages | December 31, 2019
978-1259315411 Chapter 7 Case

978-1259315411 Chapter 7 Case

TEACHING NOTE FOR: MOODY’S CREDIT RATINGS AND THE SUBPRIME MORTGAGE MELTDOWN This case illustrates the following themes and concepts discussed in the chapters listed: Theme/Concept Chapter Stakeholder analysis 1 Ethics and ethical reasoning 4 Organizational ethics and the law 5 […]

9 Pages | December 31, 2019
978-1259315411 Chapter 6 Solution Manual

978-1259315411 Chapter 6 Solution Manual

Page 6-1 prior written consent of McGraw-Hill Education. CHAPTER 6 ORGANIZATIONAL ETHICS INTRODUCTION Faced with increasing pressure to create an ethical environment at work, businesses can take tangible steps to improve their ethical performance. The organization’s culture and ethical work […]

7 Pages | December 31, 2019
978-1259315411 Chapter 6 Case

978-1259315411 Chapter 6 Case

TEACHING NOTE FOR: FARMING PHARMACEUTICALS: VENTRIA BIOSCIENCE AND THE CONTROVERSY OVER PLANT-MADE MEDICINES Theme/Concept Chapter Stakeholder analysis 1 Stakeholder engagement 2 Government regulation 7 Influencing the political environment 8 Managing and regulating technology 12 Case Synopsis This case focuses on […]

9 Pages | December 31, 2019
978-1259315411 Chapter 5 Solution Manual

978-1259315411 Chapter 5 Solution Manual

Page 5-1 prior written consent of McGraw-Hill Education. CHAPTER 5 ETHICS AND ETHICAL REASONING INTRODUCTION People who work in business frequently encounter and must deal with on-the-job ethical issues. Being ethical is important to the individual, the organization and the […]

8 Pages | December 31, 2019
978-1259315411 Chapter 4 Solution Manual

978-1259315411 Chapter 4 Solution Manual

Page 4-1 prior written consent of McGraw-Hill Education. CHAPTER 4 BUSINESS IN A GLOBALIZED WORLD INTRODUCTION The world economy is becoming increasingly integrated, and many businesses have extended their reach beyond national borders. Yet the process of globalization is controversial, […]

7 Pages | December 31, 2019
978-1259315411 Chapter 4 Case

978-1259315411 Chapter 4 Case

1 distribution without the prior written consent of McGraw-Hill Education. TEACHING NOTE: SUSTAINABILITY AT HOLLAND AMERICA LINE 1 This case illustrates the following themes and concepts discussed in the chapters listed: Theme/Concept Chapter Government regulation 7 Sustainable development 9 Natural […]

7 Pages | December 31, 2019