Module 1 Introduction: (CU M1) Nature and Sources of Law
This unit will ask a series of broad questions about the law. How does a law come into being? Legislators pass them, of course, but how do regulating bodies and judicial precedent contribute to the process? In a broader sense, why do we have laws at all? Is it possible for us to govern ourselves? In this introductory unit, we will explore the historical events that have shaped business law in the United States. We will also review U.S. court systems, discussing the roles they play in shaping the business law of the country and learning how they enforce those laws.
Identify sources of law in the United States.
Describe the function and role of courts in the U.S. legal system, and identify types of jurisdiction.