Class notes
Complete Notes for Legal Aspects of Business (CMLW 2201)
- Course
- Institution
- Book
Complete notes for second-year mandatory law course for all Bachelor of Commerce students. Grade received: A
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
SOLUTIONS MANUAL FOR CONTEMPORARY CANADIAN BUSINESS LAW PRINCIPLES & CASES, 12TH EDITION BY JOHN A. WILLES, JOHN H. WILLES A+
-
Solution Manual For CONTEMPORARY CANADIAN BUSINESS LAW PRINCIPLES & CASES, 12TH EDITION John A. Willes, John H. Willes Complete Chapter Solutions Manual are included (Ch 1 to 35)
-
TEST BANK For Contemporary Canadian Business Law 12th Canadian Edition By John Willes, ISBN: 9781259654893, All 35 Chapters Covered, Verified Latest Edition
Seller
Follow
heshanpalliyaguruge
Reviews received
Content preview
CHAPTER 1- THE LAW ANDTHE LEGAL SYSTEM
CMLW 2201 – 1A
LEGAL ASPECTS OF BUSINESS I
, LEARNING THE
LAW
• What do we mean by cases ?
• Our legal system is based upon previous
cases / decisions.
• Some cases in the book are centuries old,
while others are only a few months old.
• Old cases making clear statements of the → The old cases guide today 's decis
Law are the “fine wine” of our legal system.
others
with injury to
largely concerned
.
Tort law : area of law
d- staff reduction at risk,
and sale Ot goods employment
, ,
Contract law : facilitates the purchase
the business
itself
organization of
.
and some forms of
, •
Primary areas for business are Torts law contract law
,
• Can we think of a definition of Law ??? It is difficult to come
with a precise definition.
OLIVER WENDELL HOLMES: A statement of circumstances in
which the public force will be brought to bear through the
courts.
DEFINITIONS
OF “LAW”
BLACKSTONE: A rule of civil conduct, prescribed by the
supreme power in a state, commanding what is right, and
prohibiting what is wrong.
FROM THE BOOK: “The Law” is societies rules and processes
that try to create fair and predictable outcomes in our
relationships.
, Where did our law come from :
•
After the roman conquest , England was subject to roman law .
•
In 1066 the Norman conquest brought about a more centralized system to the US .
,
•
Then the kings after 1244 , began keeping records of the judicial proceedings .
•
After 1272 written records of decisions were maintained .
,
That's how got the system Ot common law
-
we
-
-
In Canada ,
we inherited the legal system from England .
Example : You are heading to class and slip and break your arm .
✓ Do you have a legal position or legal recourse ?
Go to a lawyer
✓
Lawyer does research to see if you have a case
u what type of research ?
-
Go to previous cases look up what courts have said
,
regarding similar situations
-
With this into you can accuse Uni of being negligible
,
and so on
-
Research on broken arms to see what we are entitled
to
On the midterm : Given a case scenario, analyse the situation and give an opinion or render a decision .
Should back up your position with case
-
law
The law : The body of rules of conduct that are
obligatory in the sense that sanctions are
normally imposed
it a rule is violated .
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller heshanpalliyaguruge. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76667 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now