ADMS 2610 Chapter Notes - Chapter 1: Canada Act 1982, Procedural Law, Ultra Vires
29 Apr 2017
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Document Summary
Chapter 1 the law and the legal system. Business law is important to business persons. A knowledge of legal issues is essential to the making of proper risk management decisions. Learning the history of law helps us to better understand the law in its present day context. We need to understand the types of basic legal issues that affect business planning/operations. We also need to be aware of developments in law that may impact our specific type of business. Divided into a number of general areas. Tort law injuries to another"s person, property or reputation. Contract law day-to-day operations of a business. A set of rules that enable people to live together and respect each others rights. Distinguish between a right and a privilege. Right are things we can do with impunity. Others have a duty not to interfere with our rights i. e. freedom of speech.
