FINA 2244 Lecture Notes - Lecture 1: Patient Protection And Affordable Care Act, United States Constitution, Endangered Species Act Of 1973
Document Summary
Law and key functions of the legal system. In the context of business law- the rules, standards and principles that define the behavior boundaries for business activities: according to black"s- a. 1: conflict resolution, social stability and change- Sources of the law in the united states. All but nebraska are bi- cameral: judicial oversight of legislation. Congress or the state legislature enacts a law that directs the agency to issue regulations, bring lawsuits, and otherwise act to the fulfill the law"s purpose. As situations change, the decisions may change based on need: the executive- the chief executive creates law through executive orders. A: public law- concerns the legal relationship between members of society (business and individual) and the government. Misdemeanor: civil law- concerned with the rights and responsibilities that exist among members of society or between individuals and the government in non-criminal matters. - casey anthony -: procedural or substantive-
