Transcription of Business Law Notes - DPHU
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Business Law Notes - DPHU
2012 Certified Management Accountants of Ontario. All rights reserved. Business Law Notes Business Law Notes Page| i 2012 Certified Management Accountants of Ontario. All rights reserved. PART 1: LEGAL FUNDAMENTALS ..1 SECTION 1-1: INTRODUCTION TO LAW .. 1 Definition and Purpose of Law .. 1 Business Law versus Business Ethics .. 2 SECTION 1-2: SOURCES OF CANADIAN LAW AND THE LEGAL SYSTEM .. 2 Categories of Law .. 2 Systems of Law: Civil Law and Common Law .. 3 Sources of Law: The Constitution, Legislation, and the Courts .. 4 SECTION 1-3: USING THE COURTS - AN OVERVIEW OF CIVIL PROCEDURE .. 9 The Court System .. 9 The Litigation Process .. 11 Alternative Dispute Resolution .. 15 Administrative Tribunals .. 16 STUDY QUESTIONS FOR PART 1: LEGAL FUNDAMENTALS .. 17 ANSWERS TO STUDY QUESTIONS FOR PART 1: LEGAL FUNDAMENTALS.
Law is essential to any society in that it provides the rules by which people and businesses interact. Law affects almost every function and area of business.
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