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THE LEGAL ENVIRONMENT OF BUSINESS. BUSINESS LAW BEATTY & SAMUELSON THIRD EDITION. CHAPTER 1. INTRODUCTION TO LAW. ORIGINS OF OUR LAW. ENGLAND TOUCH OF FRENCH. SOURCES OF OUR LAW TODAY . UNITED STATES CONSTITUTION STATE CONSTITUTIONS STATUTES COMMON LAW ADMINISTRATIVE LAW OTHER.

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Presentation Transcript
the legal environment of business

THE LEGAL ENVIRONMENT OF BUSINESS

BUSINESS LAW

BEATTY & SAMUELSON

THIRD EDITION

chapter 1
CHAPTER 1

INTRODUCTION TO LAW

origins of our law
ORIGINS OF OUR LAW
  • ENGLAND
  • TOUCH OF FRENCH
sources of our law today
SOURCES OF OUR LAW TODAY
  • UNITED STATES CONSTITUTION
  • STATE CONSTITUTIONS
  • STATUTES
  • COMMON LAW
  • ADMINISTRATIVE LAW
  • OTHER
criminal law
CRIMINAL LAW

OUTLAWED BEHAVIOR

GOVERNMENT

GUILTY OR INNOCENT

FINE OR IMPRISONED

civil law
CIVIL LAW

RIGHTS AND DUTIES

VICTIMS

LIABLE OR NOT

COMPENSATE

substantive law
SUBSTANTIVE LAW

DEFINES THE RIGHTS OF PEOPLE

slide12
PUBLIC LAW

VS

PRIVATE LAW

public law
PUBLIC LAW

SETS THE DUTIES OF GOVERNMENT TO ITS CITIZENS AND

VICE-VERSA

jurisprudence
JURISPRUDENCE

OR, WHAT IS LAW?

THREE THEORIES:

1. LEGAL POSITIVISM

2. NATURAL LAW

3. LEGAL REALISM

law and morality
LAW AND MORALITY

ARE OFTEN IN CONFLICT

!

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