Chapter 6 Constitution

Chapter 6 Constitution - Ch 6 Constitution& Business...

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Unformatted text preview: Ch 6 Constitution & Business Four Constitutional Concepts most significantly affecting business 1. Separation of Powers...............federalism means state & national division (versus 3 powers) ................................................ 10 th Am. reserves power to states & people 2. Supremacy Clause....................constit supreme > everything. Federal law supreme > state & local ................................................ conflict if prevent/interfere with Congress’s purpose/objective ................................................ state/local law unconst if fed statute/regulation preempts 3. Contract Clause........................“no state ..any law impairing” but Fed can & does (embargo) ................................................ refers to existing not future contracts (xcptns: emergencies) 4. Commerce Clause....................regulate commerce w/ foreign nations, states, indian tribes Foreign Regulation.................exclusively federal. State taxation/regulation suspect Interstate Regulation..............power extends to anything affecting interstate commerce .......................................... text says “hard to imagine” not affecting. .......................................... (Heart Atlanta, Ollie’s BBQ, farmer’s grain) State Police Power.................“public health, safety, morals, welfare” State Police Power....
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Chapter 6 Constitution - Ch 6 Constitution& Business...

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