MGMT 644 Chapter Notes - Chapter 1: Precedent, Equal Protection Clause, English Law

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The law consists of rules that regulate the conduct of individuals, businesses, & other organizations within society. It"s intended to protect people/their property from harm. Body of rules of action or conduct prescribed by a controlling authority & having binding legal force. Citizens must obey/follow it and they are subject to sanctions or legal consequences if they don"t. Keeping the peace: law prohibits certain conduct in order to protect people from crime. Ex: some laws discourage alcohol & drug abuse alcohol is prohibited to be sold on. Ex: some laws prohibit discrimination in employment. Status quo: maintain a system what to do & what not to do. Ex: some laws prevent the forceful overthrow of the government. Facilitating orderly change: protects system of law; laws can be changed with adaptation. Ex: laws are enacted only after considerable study, debate, & public input.

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