BUSINESS LAW

UNEC, Accounting, Class 1047

by Phd.c Gulnar Zulfugarova

Lesson 1 (Introduction to law. Foundations) seminar:

1. What is law and why is it necessary?

2. Explain the differences between the following pairs:
a. public law and private law
b. criminal law and civil law
3. What is the supreme law of the land? What are statutes? What are orders and ordinances?
What is an administrative rule?
4. What is the common law tradition?
5. What is a precedent?
6. What are the advantages and disadvantages of the doctrine of judicial precedent?
7. What is the hierarchy of legal acts?
8. Explain the differences between the following pairs:
a. the Council of European Union and the Comission
b. the European Convention on Human Rights and the European Union Charter of
Fundamental Rights