by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
How does the law affect the economic strength of a nation?In summary, a well-developed legal system adds certainty in transactions – as it provides a means or method for individuals to enforce their rights.This certainty provides additional confidence to parties...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What are the sources of federal, state, and local law?The sources of law in the US System include: US Constitution and Amendments Federal Statutes & Common-Law Interpretations Federal Regulations Treaties & Executive Orders State Constitutions State Statutes...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is included in the US Constitution?The US Constitution is divided into seven articles. Further, it has been expanded by the addition of 27 Amendments.What are Articles I, II, and III of the US Constitution?Articles I, II, III establish the governance structure of...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is the role of the judiciary in the legal system? The judicial branch is charged with adjudicating disputes under the law and reviewing the laws passed by the legislative branch and executed by the executive branch.Below is a step-by-step synopsis of the role...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
Overview of Agency Structure and LawAdministrative law concerns the methods by which administrative agencies of the federal and state governments promulgate and enforce regulations. Regulations provide the body of rules surrounding statutory law. This series will...
by TheBusinessProfessor | Feb 23, 2025 | Government, Legal System, Administrative Law, & Constitutional Law
What is Legal Theory and the Foundations of Law?This material provides an understanding of how law and the legal system establishes the foundation for a functioning economy. It explores how law originates and focuses on key principles that underlie the legal...
