Business Law
Blackstone: Rule of action which is prescribed by some superior and which the inferior is bound to obey.
Willis: Law is a scheme of social control for the protection of social interests by means of cpacity of influence baked by the power of the state, a scheme for controlling the conduct of people.
Holmes: Law is a statement
of the circumstances in which the public force will be brought to bear through the courts, what the courts will or will not enforce.
Substantive/Procedural Law:
Actions in Law/Actions in Equity
Actions in Law take a while, where as if the law won't act quickly enough, a temporary injunction
Criminal Law
Addresses wrongs to society, society determines which wrongs are greater than others.
Misdemeanor 90 day or less in jail
Felony more than 90 days in jail
Law of Contracts
Voluntary creation of rights and obligations
Law of Torts
Law of Property
cosntitution
legislation
judicial decision
rules and regulation
Power and......
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