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Principles of Business Law Study Notes

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Includes notes/summaries from lectures and the textbook. Case studies are not included

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20 Pages Complete Study Notes > 2 Years old
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5 Ex Credits


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Topics this document covers:
Contract law Law Private law Common law Contract Tort Negligence Misrepresentation Principal Law of agency United States contract law Damages
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Contract law Law Private law Common law Contract Tort Negligence Misrepresentation Principal Law of agency United States contract law Damages
Sample Text:
e. national law Non-legal rules: not enforced by state (ex. peer pressure, feelings of goodwill, or convenience); suitable for smaller groups & communities; i.e. natural law, moral & religious law, & customs LAW AS A REGUALTOR OF CONDUCT: • Restricts use of force & forbid unauthorised violence ▪ is the basis of peace & good order in society • Prohibit/punish undesirable actions & permit/reward desirable actions • Basis for creation of rights & duties that can be enforced in court ▪ allow individuals to plan for future with reasonable certainty LAW & JUSTICE: ▪ justice = objective of law; aims for good & fair outcomes ▪ try to maintain balance b/w justice & predictability of law WHO MAKES LAW ▪ AUS: federal, state & territory gov. have power to make law; but through sp...
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