RSM100Y1 Lecture Notes - Lecture 7: Product Liability, Property Law, Statutory Law
14 Mar 2016
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The focus of this lecture will be on: Areas of law that can affect business. The interplay and balancing between business objectives and the legalities that underpin those objectives. Legislative: the legislative bodies of canada (federally, provincially, and municipally) propose, write and debate new laws. Executive: comprised of the cabinet and the bureaucracy of the government at all levels that enforce or apply the enacted laws (can include the police, ministries, ect. ) Judicial: comprised of the various courts within canada (depending on the applicable legislation and the nature of the action or challenge. They interpret legislation and/or its validity based on specific sets of facts. Public bills - these are proposals for laws that will affect the public in general. Most public bills are introduced by government ministers. Private bills - these are limited in scope: they concern an individual or group of individuals only (i. e. anti-smoking bills, the pit bull law, ect. )
