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Government Regulation and the Legal Environment of Business
Our goal is to provide students with a textbook that is up to date and comprehensive in its coverage of legal and regulatory issues—and organized to permit instructors to tailor the materials to their particular approach. This book engages students by relating law to everyday events with which they are already familiar (or with which they are familiarizing themselves in other business cour…
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- 340
Business Law and The Legal Environment
After reading this chapter, you should be able to do the following: 1. Distinguish different philosophies of law—schools of legal thought—and explain their relevance. 2. Identify the various aims that a functioning legal system can serve. 3. Explain how politics and law are related. 4. Identify the sources of law and which laws have priority over other laws. 5. Understand some basic d…
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- 340
The Legal and Ethical Environment of Business
After reading this chapter, you should be able to understand the nature and sources of law, and the concept of the rule of law and how it affects business and economic prosperity. At the conclusion of this chapter, you should be able to answer the following questions: 1. What is the law? 2. Where does our law come from? 3. What is a rule of law? 4. How is the law relevant to business? 5.…
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- 340
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