Class_1-_AFM_231posted

Class_1-_AFM_231posted - Class 1- AFM 231 Introduction...

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Class 1- AFM 231 Introduction
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Discussion Points Branches of Government in impact on law Legislative Executive Judicial Litigation
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Business Scenario Starting a Hot Dog ‘street meat’ stand with 3 or 4 friends Locate it at the corner of University and Seagram (student parking lot corner) Plan to use attractive help to attract customers Open from 11-2 5-10:30
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Quick List of Legal Issues
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Creating Law in Canada Three primary branches of government? Executive Legislative Judicial Each plays a role in creating law Relevant interaction between the branches
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Legislative Law What is jurisdiction? How does it apply in practice? What is the meaning of ‘ultra vires’ and what are the consequences of legislation being declared ‘ultra vires’? Important to understand how legislation is passed
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Regulations What are they? How do they come into effect? What relevance are they to business?
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Judicial Common/Law What is common law and how does it work? How does precedent work? What is equity? Origins?
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This note was uploaded on 12/19/2010 for the course AFM 231 taught by Professor Briggs during the Winter '09 term at Waterloo.

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Class_1-_AFM_231posted - Class 1- AFM 231 Introduction...

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