ADMS 2610 Study Guide - Comprehensive Final Guide: Tender Offer, Intentional Tort, Small Claims Court
29 Nov 2016
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Document Summary
Rules of conduct, sanctions imposed if rule violated and social control. Three functions of law: setting disputes, establishment of rules (bring order and minimize conflict, protection of one self, possessions and ideas. Property laws protect ownership of real property. ~ laws regarding personal property (chattels) and intellectual property created. Contract laws commercial dealings between 2 or more parties. ~ gave rise to international law, hence trade and mercantile laws. Criminal laws punish who trespass, killed, stole or assaulted. Tort laws compensation for those broken down enough to not earn income. Common law (case law): the law as found by the history of the courts. Stays in accordance with the evolution of statute law. To let a decision stand ~ theory of precedent in common law. Reasoning: provided a degree of stability without sacrificing its flexibility. Canon law: created by the church courts to deal with matters of morals, family and religion.
