Summary: The Law And Business Administration In Canada | 9780134841298 | James Everil Smyth, et al

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Read the summary and the most important questions on The Law and Business Administration in Canada | 9780134841298 | James Everil Smyth; A. J. Easson; D. A. Soberman; Shelley A. McGill

  • 1 Law, Society, and Business

  • 1.1.1 How is Law Defined?

    This is a preview. There are 1 more flashcards available for chapter 1.1.1
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  • What are 3 ways Law protects people, property and society as a whole?

    1. Prohibits bad behaviour
    2. Punishes illegal conduct
    3. Prescribes rules that allow everyday life to go on
  • What are the legal principles that treats all persons equally and even the gov't obeys?

    Rule of Law
  • What is the law that regulates privater persons and groups of private persons?

    Private law
  • The law influences, empowers and controls which 3 things?

    1. The behaviour of people
    2. The actions of government
    3. The interaction between individuals
  • 1.1.2 How is Law Linked to Morals and Ethics

  • Why must laws be fair?

    So society views them as acceptable and voluntarily complies
  • What is an optional standard of behaviour that people ought to follow but is not mandatory?

    Morals and Ethics
  • 1.1.4 How Does Law Influence Behaviour?

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  • What is the responsibility for the consequence of breaking the law?

    Legal liability
  • What is less offensive public law misconduct that is still necessary to keep public order?

    Regulatory or quasi-criminal liability
  • What is misconduct that is primarily a private matter?

    Civil liability
  • What are 3 forms of liability lawmakers use to influence individual behaviour?

    1. Criminal liability
    2. Regulatory or quasi-criminal liability
    3. Civil liability

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