Agenda

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Law for Business and Personal Us Law for Business and Personal Us © Thomson South-Western Agenda 3mins: Scholarships 3mins: Essentials Questions 20mins: Discussion 60 Assignment MENTOR OPPORTUNITY Chapter 1 Slide 1

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Transcript of Agenda

Page 1: Agenda

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

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Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western

Scholarships http://www.buickachievers.com

$25,000 per year for 100 students $2,000 one-time awards1,000 students Business/Engineering 3.0/Seniors

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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

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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

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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

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Law for Business and Personal UseLaw for Business and Personal Use© Thomson South-Western

Notes

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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

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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?

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What does if there were no laws?

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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

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Question

“An Eye for an Eye leaves everybody blind”

Agree or Disagree

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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

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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

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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

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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.

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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

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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

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Chapter 1Slide 20

Steve

Joe

What is English Common Law?

King Henry IIKing’s Bench

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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

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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

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Disadvantage:Requires high

level of specific form and

compliance.Technicalities

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What is Civil Law? Roman-Based

Other Significant Base

Local authority has more power Series of Statutes Louisiana Italy, Spain, Netherlands, Quebec

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What are the advantages and disadvantages of a jury system? Non Lawyers Bias Human nature Peers?

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Peers Law of

Averages Non Lawyers Randomness

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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

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Common law required wrong to

occur before Judge can to take

action

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How does common law differ from positive law?

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Edmodo (Pick 1 Maxim)

•10 maxims (principles) applied in equity cases.

•Explain what you think each one means. (1-4 sentences)

•Partners

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Agenda

3mins: Scholarships 7mins: Recap 15mins: Maxim Discussion 20mins: Self Directed Learnig

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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?

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Chapter 1Slide 39

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