BSL 212 Lecture Notes - Lecture 1: Product Liability, Usury, Implied Warranty
22 Jun 2016
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Chapter 1: sources / types of law, united states constitution, sets up structure (3 branches of government) and grants power to the government, judicial branch - federal court - power to interpret the law - Made and applied by judges in situations where statutes do not already exist: governed by stare , courts must follow precedents ( a prior decision issued by higher courts in the jurisdiction. Restatement of contracts- not law, it is exactly what it says: administrative rules, regulations, and decisions, treaties. Agreements entered into by or between countries: u. n. convention in international sale of goods ( c. i. s. g. , the uk is the only country that has not adopted this, approaches to ethical decision-making. Chapter 6: ethical fundamentalism- believes there is an absolute morality (some things are right, some things are wrong) - there is some external source that determines this. Pros: ef cient, concrete, you can use it to justify things that you do.
