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Business Law Legal environment for Business 1)List and describe the various sources of law. 2)Describe in detail the four steps in the process of legal

Business Law Legal environment for Business

1)List and describe the various sources of law.

2)Describe in detail the four steps in the process of legal interpretation.

3)Describe the three-step stare decision process.

4)Describe and discuss the various schools of legal jurisprudence

5)Explain when the attorney-client privilege and work product privilege arise and when they are lost.

6)Describe the various ways to settle disputes.

7)Define jurisdiction and explain the jurisdictional limits of small claims, trial, and appellate courts.

8)Define the adversary system and explain the advantages and disadvantages of the adversary system.

9)Identify and describe the different stages of a lawsuit.

10)Discuss how an appeal works and why most appeals fail.

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