1. I. Introduction A. Law definition B. Law in business

2. II. Nature of Law A. More limited meaning B. Functions of law 1. keeping peace 2. enforcing standards of conduct 3. facilitating planning 4. promotes social justice

3. III. Classification of law A. Substantive vs procedural 1. substantive definition 2. procedural B. Criminal vs. civil 1. criminal definition: 2. civil definition: 3. same behavior can violate both criminal & civil laws 4. procedural safeguards

4. IV. American legal system A. Checks & balances 1. between powers of state & federal government 2. between branches of government B. Constitutional powers C. Constitutional limitations 1. Bill of Rights 2. other rights D. Fifty-one legal systems

5. V. Sources of law A. Constitution, both federal & state B. Treaties C. Statutes D. Administrative rules & regulations E. Executive Order

6. VI. Court decisions A. Interpretation of statutes 1. power to interpret is important 2. process of interpretation 3. courts tend to uphold agency interpretation B. Common law definition: Judge made law C. Judicial review 1. Roe vs. Wade 2. Johnson vs. Texas

7. VI. Court Decisions (cont’d) D. Stare decisis 1. Precedent 2. Overturn 3. distinguish

8. VII. Evolution of Law A. Dilemma of Certainty vs. Flexibility B. Predictability 1. to avoid punishment people must be able to know law 2. procedural requirements of legislature & agencies 3. stare decisis C. Adaptability 1. flexibility in application of stare decisis 2. overrule precedent 3. distinguish case

9. VIII. Preventive Law A. Definition Business B. Objectives of preventive law C. Practice of preventive law

10. I. Sources of law A. Constitution, both federal & state B. Treaties C. Statutes D. Administrative rules & regulations E. Executive Order

11. II. Court decisions A. Interpretation of statutes 1. power to interpret is important 2. process of interpretation 3. courts tend to uphold agency interpretation B. Common law definition: Judge made law C. Judicial review 1. Roe vs. Wade 2. Johnson vs. Texas D. Stare decisis 1. Precedent 2. Overturn 3. distinguish