Scenario
You are a successful small business owner and have been asked by the local chapter of the Junior Entrepreneurs Association, a club for high school students interested in business careers, to
make a presentation. The title of the presentation is “The U.S. Legal System and Business.” You have been provided with a detailed topic outline for your presentation and have been asked to
touch on every topic it contains. You have also been asked to develop your presentation in the context of business and business law.
Directions
The resources provided in the course will support your work; no additional research is required. Create a PowerPoint presentation that specifically covers the detailed topic outline as follows:
1. Introduction Introduction Introduction: Provide an introduction to the law and its purposes, including why there is a need for business law.
2. Foundation Foundation Foundation: Briefly explain the foundation of the legal system in the United States, including the branches of the U.S. government and their relationship to each other.
3. Sources Sources Sources
A. Describe three of the primary sources of U.S. law and provide one example of each primary source of law that is related to the business environment.
B. Name and briefly summarize the clause of the U.S. Constitution that grants the government the power to regulate business. Provide an example of government regulation of
business.
4. Courts Courts Courts: Differentiate between federal and state courts, including an example of the type of business case that could be heard in each court.
5. Differences Differences Differences: Explain the difference between criminal law, civil law, and alternative dispute resolution.
6. Conclusions Conclusions Conclusions: Describe why every business owner and leader must have a basic understanding of the U.S. legal system
Slide 1
Title: The U.S. Legal System and Business
Speaker Notes Good morning/afternoon, everyone! Today, we’ll explore the U.S. legal system and its importance for business owners and entrepreneurs like yourselves. The law provides a framework for conducting business fairly and efficiently. Understanding legal principles can help you avoid costly mistakes and navigate the business world with confidence.
Slide 2
Title: Introduction
Speaker Notes The law plays a crucial role in maintaining order and fairness in our society. It sets clear expectations for behavior and provides mechanisms for resolving disagreements. Business law is a specialized field that ensures businesses operate within legal boundaries and protects the rights of both businesses and consumers. By understanding business law, you can make informed decisions, minimize risks, and ensure your company’s success.
Slide 3
Title: Foundation
Speaker Notes The U.S. legal system has a strong foundation built upon the Constitution. This document divides the government’s power among three branches, creating a system of checks and balances. The legislative branch, comprised of Congress, makes laws. The executive branch, led by the President, enforces those laws. The judicial branch, consisting of courts, interprets laws and settles disputes. This separation of powers ensures no single branch becomes too powerful.
Slide 4
Title: Sources
A. Primary Sources of Law
Speaker Notes The U.S. legal system has several primary sources of law. The Constitution is the foundation, outlining the framework of the government and fundamental rights. Statutes are laws passed by Congress and state legislatures. Case law consists of court decisions that interpret statutes and establish legal precedents, meaning future courts consider these rulings when deciding similar cases.
B. U.S. Constitution and Business
Speaker Notes The Commerce Clause is a crucial provision for business law. It empowers Congress to regulate businesses that operate across state lines or have a substantial impact on interstate commerce. This includes regulations on product safety, labor practices, and environmental protection.
Slide 5
Title: Courts