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Business Law Essay

982 words - 4 pages

Common Law Traditions and Sources of Law

I want to thank all the staff for attending this meeting about legal matters. It is important that the company explains law and legal concepts to all employees. As your new manager I will ensure all information will be answered in a timely fashion. Many of our departments are cross-functional and we must discuss certain legal terms are and how they should be handled.

First, lets talk about common law. Common law is “ the body of law developed from custom or judicial decisions in English U.S. Court, not attributable to legislature” (Jentz-Miller, pg.7, 2012). Common law is the basis of varies cases will be given the same judicial ...view middle of the document...

These are a set of laws that each state or area has take up. The set of law differentiate between Federal and state. Which is almost like CEO of a company and the direct managers. Management, instead of always, including the Senior Leadership of a company can make decisions. “ The federal government and state have separate written constitutions that divide an organizations, force, or different decisions” ( Jentz-Miller, pg. 5, 2012). Next is statutory law. This law is responsible for the making of the law into existence. This law can be changes, recorrected or in conjunction to the common law. There are certain restrictions placed on statutory law. “ Ordinances” are monitored by different councils mentions by related matters. They can’t come in between state and federal. If a manager makes a decision the CEO could have a say so but there a set of guidelines and rules put into action for separation of powers.
Next, is Administrative Law. There are a couple different type if agencies. Administrative law governs the rules that have been established by different. Departments and they only restricted to certain procedures. The rules are so complex and they can affect other entities of the business this law is very crucial. Administrative law is the rules that have been established by the company. These rules help guide orderly conduct and established goals for the company. The Case and Common Law Doctrines, which has been discussed earlier about.

Furthermore, when you think about common law and all the Sources of American law what is it so important to have a good decision making process in action. The precedent is an important parts any case. Precedent can change over time, evolution, or technology. This is due to the increase of new information that has been improved over time. Rules that may have applied...

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