Includes bibliographical references and index.

Foundations of the legal and regulatory environment: ethics and the law; constitutional bases for business regulation; courts and litigation; alternative dispute resolution; agency; administrative law. The legal environment: contracts; sales; torts; product liability; intellectual property. Human resources in the legal and regulatory environment: employment agreement; civil rights and employment discrimination; labour-management relations. The regulatory environment: criminal law; environmental law; real property and land use; antitrust; consumer protection. Ownership and control: forms of business organizations; directors, officers, and controlling shareholders. Unit VI: securities and financial transactions: public and private offerings of securities; securities fraud and insider trading; debtor-creditor relations and bankruptcy. International business: international trade; international relations.

Preparing students for a future career in business, this text provides a practical reference for identifying legal issues before they become legal problems, it illustrates key legal concepts and utilizes both summarized and excerpted (in the language of the court) cases.