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Exam 1 Book Notes (got 93% on the test)

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Department
Business Law
Course
BLAW 3201
Professor
All Professors
Semester
Winter

Description
Chapter1IntroductiontoBusinessLawFunctionsoflawatageneralleveltheprimaryfunctionoflawistomaintainstabilityinthesocialpoliticalandeconomicsystemwhilealsoallowingchangeDisputeresolutionProtectionofpropertyandpreservationofthestateThelegalsystemhasinstitutedsocietalremediesusuallyadministeredbythecourtsinplaceofprivateremediessuchasrevengeProtectownersuseofpropertyandtofacilitatevoluntaryagreementscontractsregardingexchangesofpropertyandservicesLegalSanctionsSanctionsarethemeansbywhichthelawenforcesthedecisionsofthecourtsWithoutSanctionslawswouldbeuselessandunforceableExampleSeizureoflandtoselltopaycourtorderedobligationJudgementLawandJusticeWithoutlawtherecanbenojusticeJusticedefinedasfairequitableandimpartialtreatmentofthecompetitioninterestsanddesireswithpeopleClassificationofLawArightisthecapacityofapersonDutyistheobligationthelawimposesuponapersontoperformorrefrainfromperformingacertainactSubstantiveandProceduralLawSubstantivelawcreatesdefinesandregulateslegalrightsanddutiesProcedurallawestablishestherulesforenforcingthoserightsthatexistbyreasonsubstantivelawPublicandprivatelawPublicpawisthebranchofsubstantivelawthatdealswiththegovernmentsrightsandpowersinitspoliticalorsovereigncapacityPrivatelawisthatpartofsubstantivelawgoverningindividualsandlegalentitiesintheirrelationswithoneanotherCivilandCriminalLawCivillawdefinesdutiestheviolationofwhichconstitutesawringagainstthepartyinjuredbytheviolationThepartythatbringsthecasetocourtisthePlantiffTheplantiffhastheburdenofproofwhichhemustsustainbyapreponderanceCriminallawiswhentheviolationiswrongagainsttheentirecommunityInacivilactiontheinjuredpartysuestorecovercompensationforthedamageandinjuryhehassustainedasaresultofthedefendantswrongfulconductThepurposeofcriminallawistopunishthewrongdoerthepurposeofcivillawistocompensatetheinjuredpartyThegovernmentmustprovecriminalguiltbeyondareasonabledoubtwhichissignificantlyhigherburdenofproofthanthatrequiredinacivilactionThesourcesofLawThesupremelawofthelandistheconstitutionItprovidesthefederalstatuesandtreatiesTheparamountlawofeachstateiscontainedinitswrittenconstitutionStateconstitutionshavetobemorespecificthenUSconstitutionConstitutionalLawConstitutionthefundamentallawofaparticularlevelofgovernmentestablishesthegovernmentalstructureandallocatespoweramongthelevelsofgovernmentUndertheprincipleofjudicialreviewthesupremecourtoftheUnitedStatesdeterminestheconstitutionalityofalllawJudicialLawTheUSLegalsystemisacommonlawsystemAdversarysystembaseduponthebeliefthatthetruthismorelikelytoemergefromtheinvestigationandpresentationofevidencebytwoopposingpartiesbothmotivatedbyselfinterestthatfromjudicialinvestigationmotivatedonlybyofficialdutyCivillawsystemsdependoncomprehensivelegislativeenactmentscalledcodesandaninquisitorialmethodofadjusticationIntheinquisitorialsystemthejudiciaryiJudicialLaw
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