Business Enterprises: A Problem-Based Approach, Tenth Edition builds on the strengths of its predecessors while incorporating significant new developments in the law and business practices. Staying true to its foundational pedagogy, the Tenth Edition uses carefully constructed problems to prompt discussion of leading cases and doctrinal material, encouraging students to engage deeply with both the substance of business law and the policy concerns that shape its ongoing evolution.

This edition continues to offer rigorous, sophisticated coverage of noncorporate business forms, such as partnerships and LLCs, alongside its well-established treatment of corporate law. The authors expand the materials to reflect major legal shifts, particularly in Delaware corporate law, which remains the most influential jurisdiction in the field. Notable updates include:

• Important new cases addressing information rights, shareholder litigation, and the Caremark doctrine, reflecting the latest thinking on fiduciary duties and internal corporate governance.

• Updated commentary exploring contemporary debates on the role of corporations in society, including ESG (Environmental, Social, and Governance) considerations, stakeholder governance, and corporate purpose.

• New material analyzing the rise and impact of shareholder proposals, with attention to current trends in activism and regulatory reform.

In addition to these substantive updates, the Tenth Edition incorporates modest but effective organizational refinements that enhance clarity and improve the sequence of topics, making it easier for instructors to deliver key concepts in a logical and impactful way.

By blending problem-based learning, doctrinal depth, and critical policy insight, this edition remains a premier choice for teaching business organizations. It equips students with the tools to understand not only how the law of business entities operates, but also how it responds to changing market dynamics, governance models, and societal expectations.

Business Organizations Law and Policy Materials and Problems 10th Edition Jeffrey Baumann

ISBN 9781636595931