100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
COMM 315 - Test 1 - Test 1 notes Business Law and Ethics (Concordia University) CA$16.46   Add to cart

Exam (elaborations)

COMM 315 - Test 1 - Test 1 notes Business Law and Ethics (Concordia University)

 8 views  0 purchase

COMM 315 - Test 1 - Test 1 notes Business Law and Ethics (Concordia University)

Preview 2 out of 12  pages

  • December 15, 2023
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Unknown
All documents for this subject (12)
avatar-seller
smartzone
COMM 315 - Test 1 - Test 1 notes Business Law and Ethics
(Concordia University)

, Chapter 1: Introduction to Law

What is Law?
- A set of rules and principles
- To govern conduct of society
- Promotes goals of peace, order and good governance
- Written: if laws are not in written form, there is a risk of unfairness in application
- Adopted by government (lawmakers)

Law & Justice
- Justice is a process of applying the law
- Law is a set of rules to maintain order and provide fair treatment to all
- Why do we respect the law?
- Faith in lawmakers or fear of punishment

Is the law applied fairly to all?
- Law is enforced by the courts (judges)
- Judges need to be respected in order for people to have faith in their decisions
- Justice has to be perceived by the public to have been rendered
fairly Is the law always perceived as fair?

Law & Ethics
- Ethics are moral values, our personal views on what is right and wrong
- Ethical principles are not decided by government lawmakers
- Society’s ethical views on appropriate behavior and acceptable conduct changes
over time
- Changes in ethical beliefs help foster changes to the law
- Laws are often slow to change since lawmakers must deal with conflicting ethical views
of their constituents
- Law sets out defined objective standards and are enforced by the courts
- Example: law sets the legal minimum wage rate
- Ethical principles on the other hand are subjective in nature and are not enforced by
the courts
- Example: ethics asks “is the minimum wage rate fair?”

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller smartzone. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$16.46. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83100 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$16.46
  • (0)
  Add to cart