Business Final 10 Questions Solutions

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  1. (TCO 1) As an assistant in the legal department of a major corporation, your supervisor has asked you to do some research on how various laws may be applied in an upcoming case. Your department needs to coordinate with outside counsel and wants to be up to speed on how the law works. Explain the sources of law in the American legal system. Is our civil law system more or less advantageous than the common law system? Why is it important to understand all sources of law and where to find them? Explain your answer with examples in a business context. (Points : 25)

    The sources of law in the American context is vested in the common law tradition that is a virtual treatise which deals with all aspects of common law, negligence, law of torts and other relevant law points. The Universal...

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