RSM100Y1 Lecture 8: legal environment of business
Document Summary
Common law s. civil law: civil law only in quebec, common law from uk. Small claims court: faster, only deals with cases up to ,000. Automatic right to appeal: court of appeal you can go to the provincial appeal court if you are not satisfied with the result from small claims court: federal. Number of judges depends on if the judges qualify to be judging (cant be related to the accused) Stock share price was originally 20cents but it went up high (up to ) because they lied that they had found a gold mine in indonesia. No one was held account liable: class action simply means same state of plan, example2: maple leaf foods. 23 people died from bacteria in maple leaf food"s cold meat. Ceo michael mccain made a good decision to take full products. Lawyers and judges responsibility and setting the claims: lawyers paid hourly, lawyers may take some responsibility of your case result by taking contingency.
