L S 3323 Study Guide - Midterm Guide: Top Priority, Bulldozer, False Imprisonment
16 Apr 2018
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Chapter 1: intro_ law is trying to be predictable, trying to be flexible. Study of this necessary because there simply is no market transaction that occurs apart from legal guidelines. Refers to the general limits and powers of these governments as stated in their written constitutions. Us constitution is major authority when trying to identify relationship between business organizations and government. Assortment of rules and regulations put forth by legislatures is statutory law. Local ordinances that cities and counties set forth must be considered as well. Model or uniform laws serve as a basis for some statutory law at the state level. National conference of commissioners on uniform state laws (ncc) Made to prevent problem of differing state laws. Response is dependent on state, they can ignore it or adopt some/all. Have been adopted on more than 200 occasions by state legislatures. Became the source of uniform commercial code (ucc) Collection of rules and decisions made by all admin agencies.
