Book Title: Business Law: A Risk Management Approach
Book Description: This book covers essential business law topics of interest to managers, from the perspective of analyzing, managing, and reducing legal risk associated with business transactions. (The full text of this book is available in PDF form here: https://www.dropbox.com/s/bcc181hqldtqugb/businesslaw_v2.1.0.pdf?dl=0. The migration to Pressbooks is ongoing.)
This book is an introductory text on business law targeted for use in an undergraduate or graduate business school setting. It covers the major areas of law typically taught in a legal environment for business course. This book covers these principles with a simple premise: law for attorneys focuses on finding legal answers, while law for managers focuses on *risk management*. That is, attorneys are trained to find the right legal answer to a question, or to argue that a certain answer ought to be the right one. Managers face a very different question. A company’s course of action will have certain probabilities of various legal consequences which need to be weighed. In that sense, decisions with legal repercussions are like any decision faced by a manager.
The goal of this text is to (1) teach students enough substantive law that they can assess those probabilities, (2) teach students enough procedural law and terminology that they can communicate intelligibly with attorneys, and (3) give a framework and practice in decisionmaking with regard to legal consequences.
Business Law: A Risk Management Approach by jefflingwall is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.