Book Companion SiteUser Name: Brandon Caron email Id: brandon-caron hotmail. All rights reserved. No part of this work may by reproduced or used in any form or by any means - graphic, electronic, or mechanical, or in any other manner - without the written permission of the copyright holder. Chapter 1 : Knowledge of Law as a Business Asset pp. Business Law in Practice Louella Lambast has decided to open a gift store.
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Canadian Business And The Law
In sum, the chapter provides students with grounding in the basics of governmental operations—legislative, executive, and judicial. Though this makes for a reasonably technical chapter, it is an important one because it introduces students to the regulatory or administrative context of doing business. The teaching objective of this chapter is to help students understand the broad—and mandatory—relationship between business and government. So that students are not overwhelmed with generalities, the Business Law in Practice involving James McCrae, the small convenience store owner provides a straightforward example of how government regulates business. As another example of involvement by the political executive, federal regulations determine what the industry must show on the face of its cigarette packages. The judicial branch of government, which determines, for example, whether or not the impeached legislation is constitutional. The Business Law in Practice scenario is offered to students as an accessible—albeit partial—segue into the workings of government.