• Home
  • Southern New Hampshire University
  • Business Law I BUS206
  • Business Law I

Business Law I

THEU.S.LEGALSYSTEM AND BUSINESS MICHAELA LETENDRE WHY DOWE NEED BUSINESS LAW? According to Kubasek et al., business law "consists of the enforceable rules of conduct that govern commercial relationships" (2019, p. 2). The law sets the bar for the responsibility each business has in order to protect themselves and consumers. Without these integral laws, companies would be able to sell consumers' personal data, breach contracts, and perform unethically without repercussions. Without these rules and responsibilities, we would not have a thriving market economy 2 FOUNDATIONOFTHEUSLEGALSYSTEM U.S.CONSTITUTION FEDERALGOVERNMENT es EXECUTIVE LEGISLATVE JUDICIAL The foundation of the United States Legal system is the U.S. Constitution, which is known as "The Supreme Law of the Land". No state or federal laws may violate the U.S. Constitution. In order to ensure a properly balanced system, the Separation of Powers breaks the United States Government down into three different branches: Legislative, Executive, and Judicial. (LibGuides: Circuit Riders: Sources of Law, n.d.) The Legislative Branch is responsible for enacting laws called statutes and ordinances. The legislative branch consists of the House of Representatives and the Senate, which together create what we know as Congress. The Executive Branch is responsible for enforcing and implementing the laws created by the legislature through rules and regulations. The executive branch consists of the President, Vice President, and the Cabinet. The Judicial Branch is responsible for interpreting these laws by issuing verdicts in While these three branches of government have very different responsibilities, none of them can exist without the others. Each of the branches of government can change