LAW 534 Lecture Notes - Lecture 1: Stock Market, Prima Facie, Enterprise Risk Management
11 Apr 2017
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Document Summary
Understanding principles of regulation in canada as they relate to business (foundatioinal) General principles that can be applied to more specific areas of law (can assist in later more specialized courses) Specific knowledge is necessary especially in areas where there is case law or specific statutes. Law is as much a thinking process as it is the study of specific rules. Critical thinking is key law is not a passive subject that can be properly learned from reading and note-taking alone. Need to probe, think critically, examine a problem from various angles, test your theories, and ask questions or challenge certain assumptions. Standard of proof: balance of probabilities or preponderance of the evidence, beyond a reasonable doubt. Res ipsa loquitor (note the status of this doctrine in canada- more discussion in ch 4) Indictable offence vs. summary offence (in the us felony vs. misdemeanour)
