Question
4a. What is a property? How does property differ from resources? Property is something that is owned by a person or an entity, which can
4a. What is a property? How does property differ from resources? Property is something that is owned by a person or an entity, which can be tangible or intangible. The difference between property and resources is that property is owned by a person or an entity, having ownership over an object or what they bought. Resources are broader term for natural
resources like water, land, or personnels, used to achieve an objective.
6a. Define jurisprudence and name for schools of jurisprudence. Is the study of law. It encompasses the theory, philosophy and study of law. The type of schools include Natural Law, Positive Law, Historical school, sociological jurisprudence, and Legal realism..
6b. Describe the main difference between the jurisprudences of natural law and sociological jurisprudence. The difference is that natural law is a universal law, and sociological jurisprudence is a law that can be changed to meet new developments in society or to adapt.
7a. What is common law? Why is the US a common law country? Common law is a legal system that emphasizes the judicial system to determine the laws. The US is a common law country because it relies on the judicial system to produce the laws and how they apply them.
7b. What is the primary distinction between common law and civil law legal systems? Common law relies on judges to determine the law that they will apply to the country, and civil law relies on legislation rather than the judicial to determine their own law.
9a. What is the difference between criminal law and civil law?
Criminal law is a law made as a punishment for those that committed a crime, and civil law is for personal matters or individuals aside from criminals.
10a. Define substantive and procedural law. Substantive law is a law that defines and regulates the rights and duties of individuals, setting the rights and addressing problems they might have, such as criminal, family, and property.
Procedural law is the legal process that is used to enforce substantive law, going step by step to implement a case for specific issues used for presenting evidence, trials, and making decisions.
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2. Describe the reasons for the rising concern of business ethics. Globalization, which expands into a diverse society formed from many ethnic backgrounds, races, and religions. The internet, now that we have the internet, allow us to spread good things or rumors that can be used against one another, which the sender or the government can control. Individuals, we each are individuals thriving to go on our daily lives and want to be treated with fairness, and this can be used on us, which allows the marketplaces to dominate all over us.
10. Discuss why lawyers are sometimes viewed as being unethical. Is the average lawyer more or less ethical than the average business manager? Lawyers will mostly care about winning a case over a person's concern, they can even get to the point where they would use anything necessary to make their client win the case, and even as far as to cheat the system or go against it. Lawyers as well bill clients for more hours. I just wanted to make sure my answers is correct, because I don't think I grasp the actual meaning the professor is asking for Thank you
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