ACCT 324 Lecture 1: 8/24 Chapter 1 Notes
Document Summary
Quizzes are good to study for exams. Business law- enforceable rules of conduct that govern commercial relationships. Private law: involves disputes between private individuals/ groups. Public law: involves disputes between private individuals or groups and their government. Ex: landlord takes you to court for not paying your rent. Civil law: involves the rights and responsibilities involved in relationships between people and between people and their government. Criminal law: involves incidents in which someone commits an act against the public as a whole. Schools of jurisprudence- common guides to how legislators and judges interpret the law.
