Law Flashcards
Global law can be seen as
Expressions of what a culture values and how it thinks
Major types of world legal systems
- Civil law
- Common law
- Religious law
Civil law
- Legal system based on written codes (laws, rules, or regulations)
- Approved by legislative bodies
Civil law is applied
- Deductively in each case, starting from the abstract rule that has been stated in nation’s civil law code
- Each judicial actions bound to the law
- Laws are not affected by judicial decisions
Most prevalent form of law
Civil law
Common law
- Legal system in which each case is considered in terms of how it relates to legal decisions that have already been made
- Evolves through judicial decisions over time.
- Can be codified
Common law changes
Series of cases in which analyses may differ and may change over time
Religious Law
- Based on religious beliefs and conventions
- A mixture of written codes and interpretations by religious scholars
- Employers may be expected to comply with local religious laws.
Rule of law
- No individual is beyond the reach of the law ‘
- Authority is exercised in accordance with written and publicly disclosed laws.
- Restrains governments from abusing their power to deprive citizens their rights
Rule of law considerations for organizations
Degree the rule of law is in a particular region - if laws to protect enterprise are in place and if they are enforced
If rule of law existis
There is greater predictability and less risk
Due process
- Laws are enforced only through accepted, codified procedures
- Therefore avoids arbitrary treatment and abuse of power.
Jurisdiction
- The right of a legal body to exert judicial authority over a region, subject matter, or individual.
- Think location
Territorial jurisdiction
- Allows a legal body to decide cases involving any activity that occurs within its borders (with certain exceptions).
- Host- rather than home-country laws may apply to corporate activities.
Conflict of laws in jurisdiction
Occurs when the laws of two or more jurisdictions with ties to a lawsuit differ and in which the outcome of the case may depend on which jurisdiction’s laws are applied.