MHR 733 Lecture Notes - Lecture 2: Private Law, Public Law, Ultra Vires

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19: torts part 2: october 3rd: first mid term: classes from one to four -25 , november: 7 midterm: classes 6 to 8 -25, november 14: assignment 10 , final exam: 40% Law is both a risk for business and a way to manage risks. Knowledge of the law and how it applies to business allows a business to succeed. The nature of law: a law is a rule, a rule tells how to behave: it governs our behavior, all la(cid:449)s are rules (cid:271)ut all rules aren"t la(cid:449)s. Laws are rules that will be enforced by society the states, the courts. Learning how to reason why an outcome is morally right or wrong. Law operates in jurisdictions: countries, states, and provinces. Civil law: originated in ancient rome: france and most of the europe and quebec. Judges just take the laws from the parliament and make the decisions. Its part of england australia new zealand and most of canada.

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