By Roger LeRoy Miller, Gaylord A. Jentz
Attention-grabbing, transparent, and utilized, company legislation this present day: regular variation is the best advisor to the legislation and what it capacity within the company world--from contracts and secured transactions to warranties and executive rules. effortless to appreciate with an interesting writing sort that's matched by means of vivid visuals, enterprise legislation at the present time comprises assurance of up to date subject matters that effect not just the company global, yet your life--from the industrial predicament and its effect on company legislation to id robbery and immigration legislations.
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If the laws are not enforced, anarchy will result. Thus, whether a law is “bad” or “good” is irrelevant. The law is the law and must be obeyed until it is changed—in an orderly manner through a legitimate lawmaking process. A judge with positivist leanings probably would be more inclined to defer to an existing law than would a judge who adheres to the natural law tradition. THE HISTORICAL SCHOOL The historical school of legal thought emphasizes the evolutionary process of law by concentrating on the origin and history of the legal system.
International law can be defined as a body of written and unwritten laws observed by independent nations and governing the acts of individuals as well as governments. International law is an intermingling of rules and constraints derived from a variety of sources, including the laws of individual nations, the customs that have evolved among nations in their relations with one another, and treaties and international organizations. In essence, international law is the result of centuries-old attempts to reconcile the traditional need of each nation to be the final authority over its own affairs with the desire of nations to benefit economically from trade and harmonious relations with one another.
Constitution and the constitutions of the various states. • Statutes, or laws, passed by Congress and by state legislatures. • Regulations created by administrative agencies, such as the federal Food and Drug Administration. • Case law (court decisions). Secondary Source of Law A publication that summarizes or interprets the law, such as a legal encyclopedia, a legal treatise, or an article in a law review. We describe each of these important primary sources of law in the following pages. ) Secondary sources of law are books and articles that summarize and clarify the primary sources of law.
Business Law Today, Standard Edition by Roger LeRoy Miller, Gaylord A. Jentz