This best-selling, comprehensive book integrates excerpted cases in a reader-accessible format. It contains chapters on both Cyberlaw and Limited Liability Companies/Limited Liability Partnerships, meeting all AACSB standards and addressing those topics covered on the CPA exam. It covers virtually every important topic in business law and the legal environment. An "Emerging Trends In Business Law" feature emphasizes policy issues that have arisen, or will arise, with respect to certain aspects of business law and the legal environment. A broad array of cases, focusing on global issues, politics, ethics, society, environment, technology, and are also presented. In addition, a legal reasoning section includes excerpts of both the majority and dissenting opinions, challenging the reader with a series of questions about the case in question, and requiring some research and analysis to give a better grasp of legal reasoning.