Our System of Law - Our System of Law Business Law Chapter...

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Our System of Law Business Law Chapter 1
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Objectives 1.1 Discuss the application of law in today's world. 1.2 Provide examples of how the application of law affects (a) one's personal or social life, (b) business or business operations, and (c) governments. 1.3 Identify the principal sources of law in the United States. 1.4 Explain the reasons for the preparation of the Uniform Commercial Code. 1.5 Cite and describe the major classifications of law. 1.6 Distinguish moral law from legal obligations. 1.7 Describe the structure of our federal and state court systems.
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Applications of Law Personal Applications Business Applications Government Applications
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Sources of Law
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SOURCES OF LAW Primary Sources The law itself Statutes, Cases, Regulations, Constitutions Secondary Sources Explanation or commentary on the law Journals, Encyclopedias, Treatises (books on a specific topic)
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Sources of Law
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Constitution Document that creates a government and gives it power Federalism Separation of Powers Checks and Balances
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LEGISLATIVE EXECUTIVE JUDICIAL Interprets laws Enforces laws Makes laws U.S. Supreme Court President Congress Separation of Powers
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