[BLE-214] - Midterm Exam Guide - Everything you need to know! (40 pages long)

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Chapter 1: an introduction to dynamic business law. Business law: consists of the enforceable rules of conduct that govern commercial relationships. Providing order such that one can depend on a promise or an expectation of obligations. Public law: controls disputes between private individuals or groups or their government. Civil law: lays out the rights and responsibilities implied in relationships between persons and between persons and their government. Criminal law: regulates situations in which someone commits an act against the public as a whole, such as by conducting insider trading on the stock exchange. Cyber law is based primarily on existing laws. National conference of commissioners on uniform state laws (ncc) is a group of legal scholars that regularly states to enact model laws to provide greater uniformity. Proposals of the ncc have been adopted on more than 200 occasions by state legislatures: uniform commercial code(ucc)