Intro To Business Law

Chapter 1: constabulary: the body of rules of action or remember that has binding legal force. Laws mustiness be obeyed by citizens predilection to sanctions or legal consequences. English Common Law: created by the judicial system, and is the basis of the legal system in US. brotherly Law: based on codes or statutes. Louisiana is a civil law put in. Sources of Law: 1. Constitution: the US herald establishes the national political relation and recounts is powers. Powers not given to the national disposal atomic number 18 reserved to the states. fix organisations establish state governances and enumerate their powers. 2. Treaties: the chair, with the advice and consent of the Senate, may assent into treaties with foreign countries. 3. Codified Law: statues be enacted by the federal Congress and state legislatures. Ordinances are passed by municipalities and local government bodies. They establish courses of claim that must be followed by cove r parties. 4. Executive Orders: issued by the president and governors of states, executive orders regulate the conduct of covered parties. 5. Regulations and order of administrative agencies: the agencies are created by the legislative and executive branches of government. They may study administrative regulations and issue orders. 6.

judicial decisions: Federal and state courts reconcile controversies. In doing so, they issue decisions that state the holding of each event and the reasoning used by the court in stretchiness its decision. (stare decisis) Stare Decisis: the doctrine provides for the shackle to precedent. US Constitution: the US constitution consists o f 7 articles and 26 amendments. It establish! es the three branches of federal government, enumerates their powers, and provides grave guarantees of individual freedom. Below are basic constitutional concepts: 1. Federalism: the constitution created the federal government. The federal government and the 50 states governments share powers in this country. 2....If you want to get a full essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay