The Courts and Alternative Dispute Resolution
* Federal courts are not superior to the state courts; they are simply an independent system of courts.
2.1) The Judiciarys Role in American Government
The essential role of the judiciary, the courts
Ethics and Professional Responsibility
3.1) Business Ethics
Ethics can be defined as the study of what constitutes tight or wrong behavior. It is the branch of
philosophy that focuses on morality and the way in which moral principles are derived
* Govt agencies established to administer the law have a tremendous impact on the day-to-day
operation of the govt and economy. Administrative agencies issue rules, orders, and decisions. These
regulations make up the body of
Torts and Product Liability
* Tort: A civil wrong not arising from a breach of contract. A breach of a legal duty that proximately
causes harm or injury to another
*Business Tort: Wrongful interference with anothers business rights.
6.1) the Bas
Criminal Law and Cyber Crimes
7.1) Civil Law and Criminal Law
A crime can be defined as a wrong against society proclaimed in a statute and punishable by
society through fines and/or imprisonment, and in some cases, death.
Key Differences bet
*Dramatic growth in world trade & the emergence of a global business community
9.1) International Business Principles and Doctrines
International law is the law that governs relations among nations. International customs and tr
* An entrepreneur is by definition one, who initiates and assumes the financial risks of a new
enterprise and undertakes to provide or control its management.
Major Traditional Business Forms