LAW 534 Chapter Notes - Chapter 2: Actus Reus, Mail And Wire Fraud, Street Racing

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Intimidation (coercion) is an important aspect of government (2. 1) Imposing prior restraint by way of a licensing regime. Tries to prevent harm from occurring in the first place (2. 2); Regulations in sectors where there is a monopoly or oligopoly usually take this form. In areas where values are fundamental such as privacy it may be necessary (2-2. 3) Prevention of catastrophic harms justifies ex-ante (2-2. 7) Rational principled approach towards in issue in advance (bal-iran) Use of guidelines which in turn promotes quality and educates public and the regulated in advance. Promotes stability because the ones being regulated can look back at the guidance given by tribunals. In areas where values are fundamental ex ante is required. Uses rational approach towards an issue in advance (2-2. 7) According to aristotle all universal laws made in advance are going to be defective in addressing particular decisions. Difficult to predict outcomes in economic markets.

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