The Role And Functions Of Law Paper Law 421
Role and Functions of Law Paper
Salvador Samuel Siegel
LAW/421
August 21, 2013
Craig Parker
Role and Functions of Law Paper
According to "Business Law" (2007), “Business law addresses statutes and regulations affecting businesses, families, and individuals. Businesses operate in an increasingly global environment where the laws of different governments and judicial systems might conflict. Law has been defined in many ways.” (para. 1). A body of rules of action or conduct prescribed by a controlling authority, and having legal binding force (Melvin, p. 4, 2011) is one of the most generally accepted definitions. Essentially law provides a way of resolving disputes and dealing with individual who break the rules and regulations set forth …show more content…
These laws were also setup for the protection of society (Melvin, p. 18, 2011). The most recent changes in business law involve the courts and the legislature on how to deal with how technology has impacted the law, particularly with computers and the Internet. Cyber law has been added as a separate topic in these standards because of its emerging importance in the workplace. Specifically, this area of the standards addresses intellectual property law, with an increased focus on patents, trade secrets, trademarks, and copyright law. Contract law, including legislation related to electronic transactions. Statutes dealing with the impact of computers on privacy and crimes and torts related to …show more content…
If we fail to follow the regulations we can be fined with major penalties. The fines are pretty steep and can ruin a person life. You can face up to 10 years of prison time depending on the severity of the situation and up to 110,000 dollars. This is a motivation factor for me to stay on top of all of the changes that are applied to the CFR-49 ever quarter. Every so often civilian companies try to send us material and pass it off as non-regulated material. When this happens we contact the companies and explain to them what they have done wrong, advising them to correct their mistake immediately or they will face federal charges. Most of the time the companies are more than willing to fix the problem and then there are a few that think they can get away with it and try to push their
Salvador Samuel Siegel
LAW/421
August 21, 2013
Craig Parker
Role and Functions of Law Paper
According to "Business Law" (2007), “Business law addresses statutes and regulations affecting businesses, families, and individuals. Businesses operate in an increasingly global environment where the laws of different governments and judicial systems might conflict. Law has been defined in many ways.” (para. 1). A body of rules of action or conduct prescribed by a controlling authority, and having legal binding force (Melvin, p. 4, 2011) is one of the most generally accepted definitions. Essentially law provides a way of resolving disputes and dealing with individual who break the rules and regulations set forth …show more content…
These laws were also setup for the protection of society (Melvin, p. 18, 2011). The most recent changes in business law involve the courts and the legislature on how to deal with how technology has impacted the law, particularly with computers and the Internet. Cyber law has been added as a separate topic in these standards because of its emerging importance in the workplace. Specifically, this area of the standards addresses intellectual property law, with an increased focus on patents, trade secrets, trademarks, and copyright law. Contract law, including legislation related to electronic transactions. Statutes dealing with the impact of computers on privacy and crimes and torts related to …show more content…
If we fail to follow the regulations we can be fined with major penalties. The fines are pretty steep and can ruin a person life. You can face up to 10 years of prison time depending on the severity of the situation and up to 110,000 dollars. This is a motivation factor for me to stay on top of all of the changes that are applied to the CFR-49 ever quarter. Every so often civilian companies try to send us material and pass it off as non-regulated material. When this happens we contact the companies and explain to them what they have done wrong, advising them to correct their mistake immediately or they will face federal charges. Most of the time the companies are more than willing to fix the problem and then there are a few that think they can get away with it and try to push their