[MGT 200] - Midterm Exam Guide - Everything you need to know! (45 pages long)
Document Summary
Law- enforceable rules governing relationships among individuals and between indv. All establish rights, duties, and privileges that are consistent with values and beliefs of a society or its ruling group. Breach- failure to perform a legal obligation (not following through with a contract) Secondary sources of law- books and articles that clarify the primary sources of law: legal encyclopedia, legal treatise, compilations on court decisions, and articles in law reviews. Much of our legal system is based on the english legal system because they used to own us. William the conqueror established curiae regis, or kings courts to unify england. Sought to establish uniform rules for the country as a whole. Began common law- body of general rules that applies to everywhere. Each judge"s decision became part of the law on the subject- legal precedent- set an example for future cases.
