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Law for Business

Law for Business. Mr. Bernstein Sources of our Laws, pp 9-13 September 15, 2014. Law for Business Mr. Bernstein. What are the sources of our Laws? Constitutional Allocation of Power Between People and their Government Allocation of Power Between Federal and State Governments

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Law for Business

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  1. Law for Business Mr. Bernstein Sources of our Laws, pp 9-13 September 15, 2014

  2. Law for BusinessMr. Bernstein What are the sources of our Laws? Constitutional Allocation of Power Between People and their Government Allocation of Power Between Federal and State Governments Allocation of Power Among the Branches of Government Statutory Case Administrative

  3. Law for BusinessMr. Bernstein What Happens When Laws Conflict? Constitutions are the highest source of law Statutes must be constitutional Ordinances and Administrative regulations must not exceed powers delegated Case law can be overriden by new statutes or ordinances

  4. Law for BusinessMr. Bernstein What Are the Main Types of Laws? Criminal laws: Offense against society Civil laws: Violation of an individual’s rights Procedural law: Governs the methods of enforcement Substantive law: Defines offense Business law: Rules that apply to business situations and transactions (can also be criminal laws) *Uniform Commercial Code, widely adopted business law (UCC)

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