ACCT 281 Lecture Notes - Lecture 1: Fourteenth Amendment To The United States Constitution, Statutory Law, Equal Protection Clause
30 Mar 2020
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Constitutional law: federal, state statutory law administrative law. Laws establish rights. duties, and privileges that are consistent with the values and. Law consist of enforceable rules governing relationships among individuals and their society beliefs of a society is an increasing pressure to make ethical business decisions. The four primary sources of law in the united states are: Statutory law refers to laws or ordinances created by federal, state, and local legislatures and governing bodies. The us constitution sets up the basic work of the government all 50 states have their own constitution. The u. s. constitution is the supreme law of the land. State constitutions are supreme within state borders as long as they do not violate the. Laws affect all business activities and a single business transaction. Because critical thinking and legal resining skills are needed to evaluate situations, there. Affects almost every aspect of a business"s operations.
