This is the 17th Edition (and the 23rd overall edition) of a business
law text that first appeared in 1935. Throughout its more
than 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.