LAW 122 Study Guide - Midterm Guide: Consumer Protection, Microsoft Powerpoint, Tort

• School: Ryerson University
• Department: Law and Business
• Course: LAW 122
• Professor: Theresa Miedema

Document Summary

Know one"s rights, know the rights of your company to protect your self and your shares/company. To be aware of different contracts profit vs loss, and consequences. H r; for when you invest your money. Business decisions have legal consequences both positive and negative. A set of principles and rules that courts will enforce. A way of thinking (or reasoning) about these principles and rules. Courts don"t enforce rules that are not laws ie ethical rules, sport rules. Laws are rules the courts will actually do something about. Reasons for the results matters not just who won or loss. Justice & fairness: give people their just desserts, pay your debts, maintain your playing field. Consequences: the greatest good for the greatest number. Rights & duties: respect peoples rights and perform your duties. Civil law jurisdiction: originated in ancient rome i. e. france & most of europe, louisiana, & quebec.