J11 MGT 401 - Introduction to Law

J11 MGT 401 - Introduction to Law - IntroductiontoLaw...

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Introduction to Law MGT 401 Prof. Salzman
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Ideas About Law Powerful – affects and  knowledge Ignorance of the law ≠ excuse Importance in Society Flexible Pervasive Fascinating  – Hopefully you will agree  during and after this course!!! What different types of laws should be  considered if starting a new business? 2
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Origins of U.S. Law English Heritage - mediation - common law - precedent - “oath helpers”  jury - feudalism landlord/tenant law - “tithing”   partnership law 3
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Origins of U.S. Law (cont.)      Lawyers/Attorneys  Substance vs. Procedure  Law vs. Equity - Legal Remedies - $$$ - Equitable Remedies: - injunction - temporary restraining order (TRO) - specific performance 4
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Sources of U.S. Law U.S. Constitution  – see Textbook at Appendix  (pp. A-1 – A-15) Establishes the Branches  of the Federal Government and their powers Supremacy Clause Reserves to the States powers not given to Fed.  Gov’t
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J11 MGT 401 - Introduction to Law - IntroductiontoLaw...

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