AFM131 Chapter Notes -Alternative Dispute Resolution, Canadian Business, Corporate Law

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: Darren Charters

Document Summary

Afm 231 introduces you to basic concepts in law, particularly on topics that will be of specific relevance to you as future business managers or operators. Further, the emphasis is not only on legal principles but on the management of legal services. Spam unsolicited email advertising a product or service. Business law a set of established rules governing commercial relationships, including the enforcement of rights. Protects business ideas and more tangible forms of property. Provides mechanisms that permit business people to select their desired degree of participation and exposure to risk in business ventures. Seeks to ensure losses are borne by those who are responsible for them. Facilitates planning by ensuring compliance with commitments. The law protects members of society in two ways: Set of rules and principles guiding conduct in society. It sets rules with penalties in order to encourage compliance. It seeks to make those who break the law accountable for their misconducts.