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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. How does the study of the legal environment of business create a foundation for future business courses?
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