This u manual u supports u the u ―connecting u to u the u core‖ u theme u by u giving u ideas u for u assignments u that
u encourage ustudents uto uintegrate utheir ubusiness ulaw uknowledge uwith uknowledge uthey uare uacquiring
ufrom utheir uother ubusiness uclasses. uThe umanual ualso uencourages uprofessors uto uimprove utheir uteaching
uskills. uFinally, uthe umanual usuggests uteaching uideas ufor uboth ubeginning uand uexperienced uteachers.
, Whose u interests u are u state u legislatures u looking u out u for u in
u banningusmoking?
―College uOfficer uDealings uWith uLenders uScrutinized.‖
Should uregulators utake ua umore ucareful ulook uat ucollege uofficers?
Why ucreated uchanges uin uthe uways ucollege uofficers uinteract uwith
ulenders?
1-1 u Define u business Business u law u consists u of u the u enforceable u rules u of u conduct u that
ulaw. u governucommercial urelationships.
1-2 uRelate uthe Business ulaw uapplies uto uthe usix ufunctional uareas uof ubusiness:
ufunctional uareas Corporate umanagement
uofubusiness uto
uthe urelevant
Production uand utransportation
uareas uof ubusiness Marketing
ulaw. Research uand udevelopment
Accounting uand ufinance
Human uresource umanagement
1-3 uRecall uthe Providing uorder
upurposes uof Serving uas uan ualternative uto ufighting
ulaw.
Facilitating ua usense uthat uchange uis upossible
Encouraging usocial ujustice
Guaranteeing upersonal ufreedoms
Serving uas ua umoral uguide
1-4 uDistinguish One uway uto uclassify ulaw:
uamong utypes uof Private ulaw uinvolves udisputes ubetween uprivate uindividuals uor ugroups.
ulaw. Public u law u involves u disputes u between u private u individuals u or u groups u and
u theirugovernment.
A usecond uway uto uclassify ulaw:
Civil ulaw uinvolves uthe urights uand uresponsibilities uinvolved uin urelationships
ubetween upersons uand ubetween upersons uand utheir ugovernment.
Criminal u law u involves u incidents uin u which usomeone u commits u an u act
u against u theupublic uas ua uunit.
Teaching u tip: u Ask u students u to u give u an u example u of u a u fact u situation
u that u led u touboth ucriminal uand ucivil ulawsuits, ue.g., uthe uO.J. uSimpson utrials.
1-5 uDifferentiate Sources uof ubusiness ulaw uare:
ubetween usources 1. Constitutions
uofuthe ulaw.
Constitutional u law u refers u to u the u general u limits u and u powers u of
u governments u asustated uin utheir uwritten uconstitutions.
2. Statutes uor ulegislative uactions
3. Cases
Case u law u (or u common u law) u is u the u collection u of u legal u interpretations
u made u byujudges.
Stare udecisis umeans ucourts uare urelying uon uprecedent.
Teaching u tip: u The u first u time u your u students u encounter u an u appellate
, u case u in u the
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