Scenario:

You are a successful small business owner and have been asked by the local chapter of the Junior Entrepreneurs Association, a club for high school students interested in business careers, to make a presentation. The title of the presentation is "The U.S. Legal System and Business." You have been provided with a detailed topic outline for your presentation and have been asked to touch on every topic it contains. You have also been asked to develop your presentation in the context of business and business law

What are the foundational elements of the U.S. legal system and the relationships among them?

Introduction: What is law and its purposes, including why there is a need for business law?

Foundation: What is the foundation of the legal system in the United States, including the branches of the U.S. government and their relationship to each other?

Sources:

Can you name 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?