business law
Business Finance
Write the questions and answers down, find key terms and definitions, talk about the cases
Chapter 1 INTRO TO BUSINESS LAW
Ethical Questions raised in Chapter 1: Are all laws moral? Are laws always just? Which is more important, morality or justice? Why is there a difference between the treatment of cases brought under civil law and those brought under criminal law? Should there be a difference? CHAPTER OBJECTIVES: • Identify and describe the basic functions of law. • Distinguish between law and justice. Distinguish between law and morals. • Distinguish between (a) substantive and procedural law, (2) public law and private law, and (c) civil law and criminal law. • Identify the sources of law. Explain the principle of “stare decisis.”
