Business Law: The Ethical, Global, and E-Commerce Environment 17 9781259917110 This is the 17th UCC Edition (and the twenty-second overall edition) of a business law text that first appeared in 1935. Throughout its 80 years of existence, this book has been a leader and an innovator in the fields of business law and the legal environment of business. One reason for the book’s success is its clear and comprehensive treatment of the standard topics that form the traditional business law curriculum. Another reason is its responsiveness to changes in these traditional subjects and to new views about that curriculum. In 1976, this textbook was the first to inject regulatory materials into a business law textbook, defining the “legal environment” approach to business law. Over the years, this textbook has also pioneered by introducing materials on business ethics, corporate social responsibility, global legal issues, and e-commerce law. The 17th Edition continues to emphasize change by integrating these four areas into its pedagogy.
Business Law: The Ethical, Global, and E-Commerce Environment

Business Law: The Ethical, Global, and E-Commerce Environment

17th Edition
By Arlen Langvardt and A. James Barnes and Jamie Darin Prenkert and Martin A. McCrory and Joshua Perry
ISBN10: 1259917118
ISBN13: 9781259917110
Copyright: 2019
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ISBN10: 1259917118 | ISBN13: 9781259917110



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ISBN10: 1260161293 | ISBN13: 9781260161298




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ISBN10: 1260259811 | ISBN13: 9781260259810



The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.

Program Details

Part 1 Foundations of American Law
1 The Nature of Law
2 The Resolution of Private Disputes
3 Business and the Constitution
4 Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking
Part 2 Crimes and Torts
5 Criminal Law and Procedure
6 Intentional Torts
7 Negligence and Strict Liability
8 Intellectual Property and Unfair Competition
Part 3 Contracts
9 Introduction to Contracts
10 The Agreement: Offer
11 The Agreement: Acceptance
12 Consideration
13 Reality of Consent
14 Capacity to Contract
15 Illegality
16 Writing
17 Rights of Third Parties
18 Performance and Remedies
Part 4 Sales
19 Formation and Terms of Sales Contracts
20 Product Liability
21 Performance of Sales Contracts
22 Remedies for Breach of Sales Contracts
Part 5 Property
23 Personal Property and Bailments
24 Real Property
25 Landlord and Tenant
26 Estates and Trusts
27 Insurance Law
Part 6 Credit
28 Introduction to Credit and Secured Transactions
29 Security Interests in Personal Property
30 Bankruptcy 
Part 7 Commercial Paper
31 Negotiable Instruments
32 Negotiation and Holder in Due Course
33 Liability of Parties
34 Checks and Electronic Transfers
Part 8 Agency Law
35 The Agency Relationship
36 Third-Party Relations of the Principal and the Agent
Part 9 Partnerships
37 Introduction to Forms of Business and Formation of Partnerships
38 Operation of Partnerships and Related Forms
39 Partners’ Dissociation and Partnerships’ Dissolution and Winding Up
40 Limited Liability Companies, Limited Partnerships, and Limited Liability Limited Partnerships
Part 10 Corporations
41 History and Nature of Corporations
42 Organization and Financial Structure of Corporations
43 Management of Corporations
44 Shareholders’ Rights and Liabilities
45 Securities Regulation
46 Legal and Professional Responsibilities of Auditors, Consultants, and Securities Professionals
Part 11 Regulation of Business
47 Administrative Law
48 The Federal Trade Commission Act and Consumer Protection Laws
49 Antitrust: The Sherman Act
50 The Clayton Act, the Robinson–Patman Act, and Antitrust Exemptions and Immunities
51 Employment Law
52 Environmental Regulation
Appendix A: The Constitution of the United States of America
Appendix B: Uniform Commercial Code

About the Author

Arlen Langvardt

Arlen W. Langvardt, Professor of Business Law and the Graf Family Professor, joined the faculty of Indiana University’s Kelley School of Business in 1985. From 2000 to 2009, he served as chair of the Department of Business Law & Ethics. He earned a B.A. (summa cum laude), from Hastings College and a J.D. (with distinction), from the University of Nebraska. In private law practice before becoming a member of the Kelley School faculty, he tried cases in a variety of legal areas, including tort, contract, constitutional, and miscellaneous commercial cases.
Professor Langvardt has received a number of teaching awards at the graduate and undergraduate levels. His graduate teaching assignments have included legal environment, ethical leadership, and critical thinking courses, as well as specialized courses dealing with marketing law, intellectual property management, and legal issues for artists and arts organizations. He has also taught various undergraduate business law courses. Professor Langvardt’s wide-ranging research interests are reflected in his articles on commercial speech, defamation, intellectual property, medical malpractice, and other healthcare-related subjects. The list of journals in which his numerous articles have appeared includes the American Business Law Journal, the Minnesota Law Review, the Harvard Journal of Sports & Entertainment Law, the University of Pennsylvania Journal of Business Law, the Minnesota Journal of Law, Science & Technology, the Trademark Reporter, and the Journal of Marketing. Professor Langvardt has won several research awards from professional associations, including the Holmes/Cardozo and Hoeber Awards from the Academy of Legal Studies in Business and the Ladas Memorial Award from the United States Trademark Association.

A. James Barnes

A. James Barnes is Professor of Public and Environmental Affairs and Professor of Law at Indiana University, Bloomington (IU). He previously served as Dean of IU’s School of Public and Environmental Affairs, and has taught business law at Indiana University and Georgetown University. His teaching interests include commercial law, environmental law, alternative dispute resolution, law and public policy, and ethics and the public official. He is the co-author of several leading books on business law. From 1985 to 1988, Professor Barnes served as the deputy administrator of the U.S. Environmental Protection Agency (EPA).
From 1983 to 1985 he was the EPA general counsel and in the early 1970s served as chief of staff to the first administrator of EPA. Professor Barnes also served as a trial attorney in the U.S. Department of Justice and as general counsel of the U.S. Department of Agriculture. From 1975 to 1981, he had a commercial and environmental law practice with the firm of Beveridge and Diamond in Washington, D.C.
Professor Barnes is a Fellow of the National Academy of Public Administration, and a fellow in the American College of Environmental Lawyers. He recently served as the chair of EPA’s Environmental Finance Advisory Board, and as a member of the U.S. Department of Energy’s Environmental Management Advisory Board. From 1992 to 1998 he was a member of the Board of Directors of the Long Island Lighting Company (LILCO). Professor Barnes received his B.A. from Michigan State University and a J.D. (cum laude) from Harvard Law School.

Jamie Darin Prenkert

Jamie Darin Prenkert, Professor of Business Law and Arthur M. Weimer Faculty Fellow, joined the faculty of Indiana University’s Kelley School of Business in 2002. He has served as chair of the Department of Business Law & Ethics since 2014. Professor Prenkert is a former Editor in Chief of the American Business Law Journal and member of the executive committee of the Academy of Legal Studies in Business. His research focuses on issues of employment discrimination and the human rights obligations of transnational corporations. He has published articles in the American Business Law Journal, the North Carolina Law Review, the Berkeley Journal of Employment and Labor Law, and the University of Pennsylvania Journal of International Law, among others. He also recently coedited a volume entitled Law, Business and Human Rights: Bridging the Gap. Professor Prenkert has taught undergraduate and graduate courses, both in-residence and online, focusing on the legal environment of business, employment law, law for entrepreneurs, and business and human rights. He is a recipient of the Harry C. Sauvain Undergraduate Teaching Award and the Kelley Innovative Teaching Award.
Professor Prenkert earned a B.A. (summa cum laude) from Anderson University and a J.D. (magna cum laude) from Harvard Law School. Prior to joining the faculty of the Kelley School, he was a senior trial attorney for the U.S. Equal Employment Opportunity Commission.

Martin A. McCrory

Martin A. McCrory, Associate Professor of Business Law, joined the faculty in 1995.  He is also the former Vice Provost for Educational Inclusion and Diversity at Indiana University's Bloomington campus. As such, he was the chief diversity officer for Indiana University-Bloomington. Additionally, he was the university’s Associate Vice President of Academic Support and Diversity for all eight campuses. Prior to his academic career, he was a litigation attorney with the United States Department of Justice (the Environment and Natural Resources Division). During his tenure at the Department of Justice, he received the Department’s Special Commendation Award for Outstanding Service. Professor McCrory was also a senior attorney with the Natural Resources Defense Council and later its Director of Public Health. He was a member of the Environmental Protection Agency’s seven-member National Environmental Justice Task Force. He also sat on the Board of Directors for Friends of the Earth and chaired the organization’s litigation committee. He has co-authored or edited several federal and state bills, has testified before Congress, and has worked with the White House on environmental legislation and regulations.
Focusing on environmental law (and environmental justice), sustainable development, corporations (and business organizations), contracts, secured transactions, commercial paper, and negotiations, Professor McCrory has taught courses in the graduate and undergraduate programs. He also served as chair of the Kelley School’s Undergraduate Honors Program and was the Arcelor-Mittal Faculty Fellow. He has won numerous teaching awards. Professor McCrory’s articles have been published in law reviews such as the American Business Law Journal, the Stanford Environmental Law Review, the UCLA Journal of Environmental Law and Policy, the Vermont Law Review and the University of Colorado Law Review.

Joshua Perry

Joshua E. Perry, Associate Professor of Business Law and Ethics and Glaubinger Chair for Undergraduate Leadership, joined the faculty of Indiana University’s Kelley School of Business in 2009. He teaches a variety of courses on business ethics, critical thinking, and the legal environment of business to both undergraduates and MBA students in-residence and online. Since 2016 he has also served as Faculty Chair of the Undergraduate Program at Kelley. He earned a B.A. (summa cum laude) from Lipscomb University, a Masters of Theological Studies from the Vanderbilt University Divinity School, and a J.D. from the Vanderbilt University Law School. Prior to joining Kelley, he was on faculty at the Center for Biomedical Ethics and Society at Vanderbilt University Medical Center, where he taught medical ethics in the School of Medicine and professional responsibility in the Law School, while serving as a clinical ethicist in both the adult and children's hospitals at Vanderbilt. He also practiced law as a civil litigator in Nashville, Tennessee.
Professor Perry’s award-winning scholarship explores legal, ethical, and public policy issues in the life science, medical device, and healthcare industries, as well as in the business of medicine. His numerous articles and essays have appeared in a variety of law reviews and peer-reviewed journals across the fields of business, medicine, law, and ethics, including the American Business Law Journal, the Notre Dame Journal of Law, Ethics, and Public Policy, the Journal of Law, Medicine and Ethics, the University of Pennsylvania Journal of Law and Social Change, the Syracuse Law Review, and the Journal of Legal Studies Education. An active member of the Academy of Legal Studies in Business, he was recognized in 2013 with the Academy’s “Distinguished Junior Faculty Award,” celebrating outstanding early career achievement. In 2015 he was invited to join the editorial board for the Journal of Business Ethics as the Business Law Section Editor. He is also a recipient of numerous teaching awards at Kelley for excellence and innovation in the classroom, and in 2015 he was elected into Indiana University’s Faculty Colloquium for Excellence in Teaching.


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For this edition, longtime co-author Arlen Langvardt has moved into the lead author role. This move continues the text's tradition of reliance on an author team with extensive teaching experience in a broad range of required and elective course. Joshua E. Perry, Indiana University colleague, is the newest member of the author team. He has made significant contributions to the creation of the 17th Edition and will continue to play a key authorship role in future editions.

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