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Solution Manual for Business Law: Principles for Today's Commercial Environment, 5th Edition

Solution Manual for Business Law: Principles for Today's Commercial Environment, 5th Edition offers structured learning with chapter-wise explanations and key points.

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Chapter 1THE NATURE AND SOURCES OF LAWRESTATEMENTThis chapter provides the students with a look at the nature, origin and importance of individual rights and how thoserights are protected by laws and judicial process.The chapter provides a historical look at the evolution of rights ofindividuals and how technology requires that laws be revised to provide protection for those rights.Students are introduced to the various sources of law and their interrelationships.Constitutional law, statutory law,administrative regulation, and case law (along with the principle ofstare decisisand concept of precedent) areexplained along with the role and historical significance of common law.The nature and role of the uniform statelaws are explained along with a discussion of the distinction between substantive law and procedural law.Thedistinctions between legal and equitable remedies are also explained.STUDENT LEARNING OUTCOMESLO.1:Discuss the nature of lawand legal rights.LO.2:List the sources of law.LO.3:Describe the classifications of law.INSTRUCTOR’S INSIGHTSBreak the chapter down intothreecomponents–related Learning Outcomes are indicated in ():1.What is the nature of law and legal rights?(LO.1)Discuss the nature and origin of rights: legal rights; individual rights; right of privacyPresent the evolution of the protection of rights2.What are the sources of law?(LO.2)3.What are the classifications of law?(LO.3)Discuss the types of laws: substantive and proceduralCover the origins and current status of equitable reliefExplain uniform lawsCHAPTER OUTLINEI.What is the Nature of Law and Legal Rights?A.Legal rights are part of the law–principles that govern conduct and can be enforced in courts or byadministrative agenciesB.Individual rights1.Freedom of speech2.Right to due process3.Duties accompany rights

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Subject
Business Law
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Business Law: Principles For Today'...

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