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Provide an introduction to the law and its purposes, including why there is a need for business law. Briefly explain the foundation of the legal
- Provide an introduction to the law and its purposes, including why there is a need for business law.
- Briefly explain the foundation of the legal system in the United States, including the branches of the U.S. government and their relationship to each other.
- Describe three of the primary sources of U.S. law and provide one example of each primary source of law that is related to the business environment.
- Name and briefly summarize the clause of the U.S. Constitution that grants the government the power to regulate business. Provide an example of government regulation of business.
- Differentiate between federal and state courts, including an example of the type of business case that could be heard in each court.
- Explain the difference between criminal law, civil law, and alternative dispute resolution.
- Describe why every business owner and leader must have a basic understanding of the U.S. legal system.
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