• Unit 1: The 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 laws, 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?

    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. As a business professional, it is important that you understand and appreciate how laws serve to regulate the legal environment of business.

    Completing this unit should take you approximately 7 hours.

    • 1.1: Introduction to Law

      • 1.1.1: What is Law?

      • 1.1.2: The Role of Law in Business in the United States

    • 1.2: Sources of Law: Legislative, Regulatory, Common, and Civil

    • 1.3: The Judicial System

    • Unit 1 Assessment

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