The Legal and Ethical Environment of Business, Third Edition

Gerald R. Ferrera, Mystica M. Alexander, Cheryl Kirschner, William P. Wiggins, Jonathan Darrow

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ISBN: 9781543858587

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Now available as a Connected eBook with Study Center on CasebookConnect, including: lifetime access to the online ebook with highlight, annotation, and search capabilities; practice questions; an outline tool, newsfeed and other helpful resources. Connected eBooks provide what you need most to be successful in your Business Law classes. Learn more about Connected eBooks for Business Law.
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Featuring issues of ethics international law, and diversity, equity, and inclusion throughout, The Legal and Ethical Environment of Business by Ferrera, Alexander, Kirschner, Wiggins, and Darrow offers a comprehensive survey of the major legal topics affecting the legal environment of business today.

Focusing on ethics in every aspect of the business environment, The Legal and Ethical Environment of Business prepares students to work within current industry norms, practices, and legal and regulatory frameworks. Ethics coverage is integrated and featured throughout. Ethical theory is interwoven with practical applications using novel pedagogical tools, such as simulated managers’ meetings, developed to promote focused, thoughtful inquiry and to highlight the interplay of ethics and law.

In addition to coverage of classical ethicists and philosophers, this edition incorporates non-traditional ethical voices, such as sub-Saharan African Ubuntu philosophy to extend and broaden students’ thinking about ethical frameworks. Chapters include questions and sidebar features that address how issues of diversity, equity, and inclusion relate to the topic at hand..

The book also meets the needs of students who will be facing an increasingly international business environment. Integrated coverage of international issues extends beyond comparative law topics and includes substantial coverage of central topics in international business law, such as bribery and the Foreign Corrupt Practices Act, key provisions of the Convention on Contracts for the International Sales of Goods, and a comparison of the Uniform Commercial Code and the UN Convention on Contracts for the International Sale of Goods.

New to the Third Edition:
- Adoption of a new, contemporary approach to ethical theories
- Expansion of ethical theories to increase focus on non-Western traditions, women, and persons of color
- Incorporation of new materials related to diversity, equity, and inclusion
- Consideration of the potential impact of COVID-19 on employers and employees
- References to contemporary issues and current events: controversy over use of Henrietta Lacks’ bio-specimen for research purposes; legal and ethical implications of the opiod crisis; and the intersection of human rights issues and supply chains relying on child and slave labor.
Professors and students will benefit from:
- Review Questions that provide real-world examples from the case law, with at least one question per chapter designed to elicit thoughtful analysis of ethical issues.
- Ethics features integrated in the chapters present hypothetical business dilemmas and explain how ethical theories could help managers and entrepreneurs resolve difficult practical issues.
- Concepts underlying AACSB and EQUIS accreditation guidelines are incorporated to ensure understanding of the social, ethical, and global responsibility of business.
- Excellent, pragmatic discussion of business organization implications and legal aspects of expanding a U.S. business internationally (Global Perspectives, Ch. 7)
- Crisp, thorough treatment of Foreign Corrupt Practices Act, with contextual material on corruption effects on society and business, as well as explanation of the law and examples (Chapter 10)
- Readable, concise explanation of financing international business transactions, including overview of international debtor-creditor issues, risks specific to international transactions and description of the Letter of Credit process. (Global Perspectives, Ch. 18)
Teaching materials include:
- Extensive chapter-by-chapter instructor’s manual with teaching suggestions, tips, classroom exercises, sample discussion questions, and model answers for end-of-chapter review questions
- Complete test bank including true true/false, multiple choice, and essay
- PowerPoint lecture slides for each chapter

Additional Product Details

Publication Date: 1/31/2022
Copyright: 2022
Pages: 816
ISBNs:
Connected eBook with Study Center: 9781543858587
eBook: 9781543846751

Summary of Contents

Contents 
Preface 
A Note to Students
Acknowledgments
Art Credits 
About the Authors

Part I: Legal And Ethical Overview
Chapter 1 - The United States Legal System
Chapter 2 - Ethics in Business
Chapter 3 - Constitutional Issues in Business
Chapter 4 - Administrative Law
Chapter 5 - Legal Aspects of the Global Business Environment
Chapter 6 - Corporate Social Responsibility

Part II: The Business
Chapter 7 - Business Organizations
Chapter 8 - Intellectual Property
Chapter 9 - Sale of Securities and Investor Protection
Chapter 10 - Business Crimes
Chapter 11 - Antitrust

Part III: The Employee
Chapter 12 - Agency Law
Chapter 13 - Employment Law
Chapter 14 - Discrimination in the Workplace

Part IV: The Business Sale
Chapter 15 - Contracts: Contract Formation
Chapter 16 - Contracts: Contract Performance
Chapter 17 - Sales Law, Consumer Protection, and E-Commerce
Chapter 18 - The Debtor-Creditor Relationship

Part V: Business Liability
Chapter 19 - Business Torts
Chapter 20 - Product Liability and Warranties
Chapter 21 - Environmental Law and Sustainability

Glossary 
Table of Cases
Index

Detailed Table of Contents Download (PDF)

Third Edition Preface Download (PDF)
Author Information

Gerald R. Ferrera

GERALD R. FERRERA is the Gregory H. Adamian Professor of Law Emeritus at Bentley University and was the first member of the law faculty to hold that endowed chair. In 2002 Professor Ferrera received the Academy of Legal Studies in Business Senior Faculty Award of Excellence. He chaired the law department at Bentley for 17 years. Over his teaching career of 45 years at Bentley University, he has been active in the legal environment of business curriculum development with an ethical component and has coauthored textbooks on Business Law, The Legal Environment of Business, and Cyberlaw. His scholarly articles on ethics and jurisprudence, authored or coauthored, were published in The American Journal of Jurisprudence and the Richmond Journal of Law and the Public Interest. He has also authored or coauthored published material in the New York University School of Law Journal of Legislation and Public Policy, the Northwestern Journal of Technology and Intellectual Property, Texas Intellectual Property Law Journal, the American Business Law Journal, Marquette Law Review, Pepperdine Law Review, Journal of Legal Studies Education, Business Law Review, and Cleveland State Law Review. He is currently a research fellow at the Center for Business Ethics, Bentley University, and a past president and current member of the executive committee of the North Atlantic Regional Business Law Association. He received the Ralph C. Hober publication award given by the Academy of Legal Studies in Business and the Bentley University Scholar of the Year Award. His teaching awards include the Bentley University Gregory H. Adamian Excellence in Teaching Award, numerous Bentley University Innovation in Teaching Awards, and the Master Teacher Award from the Academy of Legal Studies in Business. He holds a B.S. in Finance from Boston College, a J.D. from the New England School of Law/Boston, and an M.S.in Taxation from Bentley. He is a member of the State Bar of Massachusetts and federal bars.

Cheryl Kirschner

Cheryl Kirschner is Senior Lecturer in Law at Babson College. She received a B.A. from the University of Rochester in English and political science and a J.D. from Boston University School of Law. At Babson, she teaches undergraduate and graduate courses in business law and international business law. She was awarded the Babson College Dean’s Award for Excellence in Undergraduate Teaching and is deeply involved in curriculum development and revision in graduate and undergraduate programs at Babson. She served as editor-in-chief for the Babson Case Publishing Center. The Academy of Legal Studies in Business awarded her the Best International Case in 2008 for her best-selling case, Zidane's Last Red Card. She co-taught Babson’s offshore course in South Africa, where, in partnership with the University of Stellenbosch, students from both colleges teach entrepreneurship to underserved populations in the Cape Town area. Currently, she teaches a Babson graduate course in global entrepreneurship in Arusha, Tanzania.

William P. Wiggins

William P. Wiggins is Gregory H. Adamian Professor of Law at Bentley University. Over the years, Professor Wiggins has held a variety of administrative positions at the university and has chaired many of the university’s major task forces. He is recipient of Bentley’s highest teaching award, the Gregory H. Adamian Excellence in Teaching Award. He has developed and taught a wide variety of courses at the undergraduate and graduate levels. Professor Wiggins is co-author of a leading treatise on tax practice and procedure and has published articles in academic and professional journals and presented his work at international, national, and regional conferences. Professor Wiggins holds a B.S. and an M.S. from Bentley University and a J.D. from Suffolk University Law School. He is a member of Beta Gamma Sigma, the honor society for business students and faculty.

Mystica M. Alexander

Mystica M. Alexander is Associate Professor in the Law and Taxation Department at Bentley University. A graduate of Harvard Law School, She practiced corporate and tax law before moving into academia. She teaches business law and ethics as well as taxation courses in the Masters of Science in Taxation Program. In addition to her role in the classroom, Professor Alexander has been involved with curriculum development at the undergraduate and graduate level. She is a past Holmes Cardozo finalist for best conference paper at the Academy of Legal Studies in Business and the recipient of two Innovation in Teaching Awards from Bentley University. In August 2017, she was awarded the Charles M. Hewitt Master Teacher Award by the Academy of Legal Studies in Business.

Jonathan J. Darrow

Jonathan J. Darrow is an Assistant Professor of Medicine at Harvard University, where he conducts research at the intersection of law, intellectual property, and the business of medicine, and an Associate Professor of Law at Bentley University. He holds degrees in genetics (B.S.), law (J.D.), and business (M.B.A.) from Cornell, Duke, and Boston College, respectively, as well as a dissertation-based doctorate (S.J.D.) in pharmaceutical law and intellectual property theory from Harvard Law School, where he also completed the LL.M. program. Dr. Darrow’s real-world experience spans large law firms in three states (New York, Washington, D.C., and California), three United Nations-affiliated organizations (WHO, WTO, and the World Intellectual Property Organization), faculty appointments at four universities, invited testimony on a Massachusetts technology bill, frequent press inquiries and speaking invitations, and a two-year clerkship for the Honorable Evan J. Wallach of the U.S. Court of Appeals for the Federal Circuit, where he served as Senior Law Clerk. He is the author of more than 60 articles, shorter works, and book chapters on law, health policy, and intellectual property, which have appeared in prominent venues such as the New England Journal of Medicine, the Stanford Technology Law Review, the Yale Journal of Health Policy Law & Ethics, and the Harvard Journal of Law and Technology, among many others. He is a co-author of a leading technology-focused textbook with Edward Elgar entitled Business Law for Entrepreneurs (2021).
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