Management and Organizational Studies 2275A/B Study Guide - Midterm Guide: Small Claims Court, Superior Court, Corporate Law

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It is a set of established rules that govern commercial relationships including the enforcement of rights. Is defined as a set of rules established and enforced by government. No because it is not enforced by the government. You won"t get stopped by the police for going 110km/h keeping in mind that the limit is 100km/hr. The law protects people in two ways : it sets rules with penalties in order to encourage compliance, seeks to hold those who break the law accountable for their misconduct. The canadian legal system is divided into three branches : the legislative branch creates law in the form of statutes and regulations, provincial or federal, can"t be municipal, the government can"t pass law that infringes on the constitution. The executive branch formulates and implements government policy and law: has a formal and political function. Formal executive is the branch of government responsible for the ceremonial feature of government.