MGMT 3100- Final Exam Guide - Comprehensive Notes for the exam ( 98 pages long!)
28 Mar 2018
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Document Summary
The law sets basic standards of behaviour that are enforced by government and also by individuals and groups with the help of government. Law is needed to protect persons, property, and society as a whole; it prohibits conduct that society believes to be harmful to others. The law punishes someone who commits illegal conduct. It also prescribes simply but vital rules that allow us to get on with our everyday lives. Second, law gives government the power to act for the benefit of society as a whole. We expect our government to operate in accordance with the rule of law. Law involving the government is labelled public law. Rule of law: established legal principles that treat all persons equally and that government itself obeys. Public law: law that regulates the conduct of government and the relations between government and private persons. Third, law regulates individual interactions with each other.
