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Business Law Chapter 1

Business Law Chapter 1

Ratings: (0)|Views: 4,005 |Likes:
Published by cindy
intrudoction of law
intrudoction of law

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Categories:Types, Business/Law
Published by: cindy on Apr 02, 2010
Copyright:Attribution Non-commercial

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05/21/2014

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BUSINESS LAW
BUS 2033EN. SAIFUNNIZAN SAMSEMESTER 6 (2010)
 
CH
APTER 1
CH
APTER 1  INTRODU
C
TION TO LAWINTRODU
C
TION TO LAW
1.1 Nature of Law
What is law?
 ±
General
 
rule
of co
ndu
ct.
 ±
D
e
fi
ne
 
as
 
a
`bo
dy
of 
rules
which
are
 
en
fo
r
c
ed
b
y
th
e
 
s
t
a
t
e
.
 ±
C
o
ns
i
s
t of 
rules
 
re
cog
n
i
sed
&
a
ct
ed
o
n
b
y
co
ur
t
s
of j
us
tic
e
.
 ±
Joh
n
A
us
ti
n
`Th
e
P
r
ovi
n
c
e
of J
ur
i
spruden
c
e
D
e
t
erm
i
ned
``
la
w
as
 
a
co
mmand
 
se
t b
y
 
a
 
super
io
r
b
e
i
n
g to
an
i
n
er
io
r
 b
e
i
n
g
and
 
en
fo
r
c
ed
b
y
 
san
ctio
ns
(
pun
i
s
h
men
t
s
)

 ±
S
uper
io
r-s
t
a
t
e,
I
n
er
io
r-
i
nd
ivi
dual
& S
an
ctio
ns-
fi
ne,
 i
mpr
i
s
o
nmen
t
e
tc
 
 ±
D
e
fi
ned
i
n
th
e
 
F
ederal Constitution
 
Art 60(2) & Sec2(1)Item 43(c)
to i
n
c
lude
:
- a
) W
r
itt
en
L
a
w b)
C
o
mm
o
n
L
a
w c)A
ny
c
us
to
m
o
r
 
usa
g
e
h
a
vi
n
g th
e
fo
r
c
e
of 
la
w.
 ±
Written law in Malaysia
 F
ederal
 
C
o
ns
tit
u
tio
n
b
e
i
n
g
supreme law [Art 4(1)
s
t
a
t
es
th
a
t th
e
F
ederal
 
C
o
ns
tit
u
tio
n
 i
s
th
e
 
supreme
 
la
w of th
e
F
edera
tio
n
 
and
 
any
 
la
w
passed
 
a
ft
er
M
erdeka
D
ay
which i
s
i
n
co
ns
i
s
t
en
t with th
e
 
C
o
ns
tit
u
tio
n
 
s
h
all
b
e
voi
d]
.

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