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Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Agenda
3mins: Scholarships 3mins: Essentials Questions 20mins: Discussion 60 Assignment MENTOR OPPORTUNITY
Chapter 1Slide 1
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
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Chapter 1Slide 2
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
CHAPTER 1Laws and Their Ethical Foundation
1-1 Laws and Legal Systems
1-2 Types of Laws
1-3 Ethical Bases for Laws
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Standard(s)
BMA-LEB-2: Compare and contrast the relationship between ethics and law for a business. 2.2 Explain the major sources of law:
constitutional law, statutory law, common law, regulatory law, and international law
Chapter 1Slide 4
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Chapter 1Slide 5
1-11-1 Laws and Legal Systems
Essential Question Explain the stages in the growth of law Describe the differences between
common law and positive law Identify the origin of the U.S. legal
system
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Notes
Chapter 1Slide 6
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Chapter 1Slide 7
WHAT IS LAW?
Laws Enforceable rules of conduct in a society Reflect culture and circumstances Established by gov’t to maintain stability
and justice
Code (Legal Code) Group of Laws
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Think Pair Share If you were to create a society from
scratch would you have laws? Would your laws protect people from
themselves? Why or Why not? What current American laws would you
keep? Which current American laws would you
abolish?
Chapter 1Slide 8
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
What does if there were no laws?
Chapter 1Slide 9
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Where did we get our Laws from? Hammurabi, King of Babylon Hammurabi’s Code
“Eye for an Eye” Criminal Law Property Law Business Law Family Law Personal Injury Labor Laws
Chapter 1Slide 10
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Question
“An Eye for an Eye leaves everybody blind”
Agree or Disagree
Chapter 1Slide 11
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
4 Stages in the Growth
1. Individuals take Revenge
2. An authority substitutes an award for revenge Sovereign: Powerful leader
3. Authority gives power to courts
4. Authority acts to prevent and punish wrongs
Chapter 1Slide 12
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Agenda
3mins: Scholarships 2mins: Recap 15mins: Book Distribution 2mins: Essentials Questions 2mins: Intro 15mins: Common Law Assignment 10mins: Discussion
Chapter 1Slide 13
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
4 Stages in the Growth
1. Individuals take Revenge
2. An authority substitutes an award for revenge Sovereign: Powerful leader
3. Authority gives power to courts
4. Authority acts to prevent and punish wrongs
Chapter 1Slide 14
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Assignment
Read page 1-5 of the Common Law vs Civil Law PDF and section1.1 in the book. Answer the following questions. Prepare a double bubble thinking map to compare and contrast civil and common law.
Chapter 1Slide 15
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Agenda
Chapter 1Slide 17
3mins: Scholarships 2mins: Intro (common vs. positive law) 15mins: Discuss Questions 2mins: 2mins: Intro 15mins: Common Law Assignment 10mins: Discussion
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
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Chapter 1Slide 18
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Chapter 1Slide 19
Common Law Vs. Positive Law Common Law
Based on current standards or customs Formed by judges to settle disputes
(usually) Positive laws
Pre-emptive (Proactive) Created by central authority Aim to prevent disputes and wrongs
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Chapter 1Slide 20
Steve
Joe
What is English Common Law?
King Henry IIKing’s Bench
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
What is English Common Law? U.S system based on
Colonists
Ever-evolving system Adapts to changes in society
Decision Based on PRECEDENT Previously decided cases
Greatest Accomplishment: Uniformity Stability
Chapter 1Slide 21
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
What is English Common Law? Circuit Courts (Local)
“Going to Court”: Seek a fair resolution of your legal
dispute
Juries Panel of citizens Interpret regional customs
Jurisdiction Appellate Process
Chapter 1Slide 22
Disadvantage:Requires high
level of specific form and
compliance.Technicalities
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
What is Civil Law? Roman-Based
Other Significant Base
Local authority has more power Series of Statutes Louisiana Italy, Spain, Netherlands, Quebec
Chapter 1Slide 23
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
What are the advantages and disadvantages of a jury system? Non Lawyers Bias Human nature Peers?
Chapter 1Slide 24
Peers Law of
Averages Non Lawyers Randomness
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Equity (Common law alternative)
FAIRNESS = Equity Chancellors preside over
equity courts (chancery) No Jury Common Laws Rules don’t
apply Power to issue INJUCTIONS:
forced stoppageChapter 1
Slide 25
Common law required wrong to
occur before Judge can to take
action
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Chapter 1Slide 26
How does common law differ from positive law?
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Chapter 1Slide 27
Edmodo (Pick 1 Maxim)
•10 maxims (principles) applied in equity cases.
•Explain what you think each one means. (1-4 sentences)
•Partners
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Agenda
3mins: Scholarships 7mins: Recap 15mins: Maxim Discussion 20mins: Self Directed Learnig
Chapter 1Slide 28
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
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Chapter 1Slide 29
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Recap Law is…. A code is…. Our legal system is based on… Name of King responsible… Juries are… Jurisdiction is… Equity is… Common law vs. Positive Law? Advantage of common law?
Chapter 1Slide 30
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(a)Who comes to equity must come with clean hands. In order to have a court of equity assist in
a dispute, those who seek its help must have conducted themselves without wrongdoing and in a fair and equitable manner during the dispute.
Chapter 1Slide 31
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(b)Who seeks equity must do equity. In reaching an equitable remedy, the party
seeking assistance must be willing to compromise in an equitable manner.
Chapter 1Slide 32
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(c)Equity will not suffer a wrong without a remedy. If an action is brought to a court of equity
and it is found that a wrong of some sort has been done, the court will seek to remedy that wrong in some way.
Chapter 1Slide 33
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(d)Equity abhors a forfeiture. When dealing in a court of equity, the
courts want the parties to do what they are supposed to do. Having one party forfeit, or give up something that should be maintained, is not in keeping with equitable premises.
Chapter 1Slide 34
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(e) Equity considers that done which ought to be done. If it is found that one of the parties should
have done a particular thing and has not, the courts will do the equitable thing.
Chapter 1Slide 35
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(f) Where there are equal equities, the first in time will prevail. Where both parties are at a relatively
equal disadvantage, whoever seeks equity first wins.
Chapter 1Slide 36
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(g) Equity looks to intent and not to form. In courts of equity, courts are not so
bound by form over substance and how something is designed to be done. Instead, they can look at what actually happens, in disposing of the matter.
Chapter 1Slide 37
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Maxims
(h) Equity aids the vigilant and not one who slumbers on their rights. If someone has a cause of action and
does not take advantage of it, the one who was more timely in pursuing rights will prevail.
Chapter 1Slide 38
Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western
Chapter 1Slide 39
Its on Edmodo
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