BSEN 395 Lecture Notes - Lecture 4: Alternative Dispute Resolution, Small Claims Court, Ultra Vires
Document Summary
Business law: tort law: injuries to another"s person, property, or reputation, contract law: day to day operations of a business, business organizations: partnership, sole proprietorship, corporation,agency, trust, corporations act, land law, intellectual property, environmental law. Determines the rights and freedoms of individuals and the extent to which privileges may be enjoyed. Society"s rules and processes that try to create fair and predictable outcomes to our relationships. Holmes - a statement of circumstances in which the public force will be brought to bear through the courts. Blackstone - a rule of civil conduct, prescribed by the supreme power in a state, commanding what is right, and prohibiting what is wrong. The body of rules of conduct that are obligatory; sanctions imposed if a rule is violated. Rules you must obey, or you will be punished if otherwise. Rights: are things we can do with impunity (nobody stepping in our way) Others may not step in our way.