{"id":310,"date":"2015-04-21T18:30:20","date_gmt":"2015-04-21T18:30:20","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=chapter&p=310"},"modified":"2015-07-11T23:07:44","modified_gmt":"2015-07-11T23:07:44","slug":"the-law","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/chapter\/the-law\/","title":{"raw":"Outcome: The Law","rendered":"Outcome: The Law"},"content":{"raw":"

What you\u2019ll learn to do:\u00a0define law and differentiate between law, the legal system, and the rule of law<\/h2>\r\nWhen you hear someone say, \"That's against the law,\" what is your reaction? The action they are referring to might violate civil law, criminal law, natural law, local law, common law, or some other regulation or rule. \u00a0We can define law as a\u00a0body<\/span> of rules<\/span> of conduct<\/span> of binding<\/span> legal<\/span> force<\/span> and<\/span> effect,<\/span> prescribed,<\/span> recognized,<\/span> and<\/span> enforced<\/span> by controlling<\/span> authority.<\/span><\/i>\u00a0 In this module you will learn about law as it applies to business\u00a0and how it shapes the climate within a business operates as well as how it governs the conduct of business entities.\r\n\r\nThe following video will give you an overview of the history of the law in the United States and introduce you to some of the terms and concepts you will study in this module.\r\n\r\nhttps:\/\/www.youtube.com\/watch?v=IOa2KI59RYs&feature=youtu.be\r\n

LEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include:\r\n
    \r\n\t
  • Reading: The Law<\/li>\r\n\t
  • Reading: The Legal System<\/li>\r\n\t
  • Self Check: The Law<\/li>\r\n<\/ul>\r\nTake time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.","rendered":"

    What you\u2019ll learn to do:\u00a0define law and differentiate between law, the legal system, and the rule of law<\/h2>\n

    When you hear someone say, “That’s against the law,” what is your reaction? The action they are referring to might violate civil law, criminal law, natural law, local law, common law, or some other regulation or rule. \u00a0We can define law as a\u00a0body<\/span> of rules<\/span> of conduct<\/span> of binding<\/span> legal<\/span> force<\/span> and<\/span> effect,<\/span> prescribed,<\/span> recognized,<\/span> and<\/span> enforced<\/span> by controlling<\/span> authority.<\/span><\/i>\u00a0 In this module you will learn about law as it applies to business\u00a0and how it shapes the climate within a business operates as well as how it governs the conduct of business entities.<\/p>\n

    The following video will give you an overview of the history of the law in the United States and introduce you to some of the terms and concepts you will study in this module.<\/p>\n