lecture notes ch. 1

lecture notes ch. 1 - Chapter 1 Title:BusLawSeal.eps...

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Chapter 1 Introduction to Law and Legal Reasoning C HAPTER O UTLINE I. Schools of Jurisprudential Thought Law   consists of enforceable rules governing relationships among individuals and between individuals  and their society.  In a study of jurisprudence ,  this definition can be a point of departure for scholars  and philosophers. All legal philosophers agree that logic, ideals, history, and custom influence the  development of the law.  They disagree about the importance of each. A. T HE N ATURAL L AW S CHOOL Adherents of the  natural law  school believe that government and the legal system should reflect  universal moral and ethical principles that are inherent in the nature of human life. B. T HE P OSITIVIST S CHOOL Followers of the   positivist school   believe that there can be no higher law than a nation’s  positive law (the law created by a particular society at a particular point in time). C. T HE H ISTORICAL S CHOOL Those of the  historical school  emphasize legal principles that were applied in the past. D. L EGAL R EALISM 1
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2            INSTRUCTOR’S MANUAL TO ACCOMPANY  BUSINESS LAW , ELEVENTH EDITION Legal realists  believe that judges are influenced by the beliefs and attitudes unique to their  individual personalities, and that the application of precedent should be tempered by each case’s  specific circumstances, and that extra-legal sources should be considered in making decisions.
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CHAPTER 1:  INTRODUCTION TO LAW AND LEGAL REASONING           3 II. Business Activities and the Legal Environment The text presents and illustrates an example of how various areas of the law can affect a business  decision (such as whether to enter into a contract). It is also explained that ethics can influence  business decisions. III. Sources of American Law A. C ONSTITUTIONAL L AW The federal constitution is a general document that distributes power among the branches of the  government.  It is the supreme law of the land.  Any law that conflicts with it is invalid.  The states  also have constitutions, but the federal constitution prevails if their provisions conflict. B. S TATUTORY L AW Statutes and ordinances are enacted by Congress, state legislatures, and local legislative bodies.  Much of the work of courts is interpreting what lawmakers meant when a law was passed and  applying that law to a set of facts (a case).  Uniform laws are created by panels of experts and  scholars and adopted at the option of each state’s legislature.     The Uniform Commercial Code  (UCC) assists parties involved in commercial transactions by helping to determine their intent and  by providing for the enforcement of their agreement.  The UCC has been adopted by all the states 
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This note was uploaded on 09/05/2011 for the course LAW 3000 taught by Professor Ms.zarac.sette during the Spring '11 term at Hawaii Pacific.

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lecture notes ch. 1 - Chapter 1 Title:BusLawSeal.eps...

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