Monday, May 18, 2020
Law 421 Role and Functions of Law Paper - 776 Words
Week 1 Law 421 Role and Functions of Law Paper Contemporary Business Law LAW/421 Role and Functions of Law Paper Based on reading from the week 1 material and the case brief given from week 1, there will be an explanation of how the Supreme Courtââ¬â¢s language and results of the case reviewed show the preemptive power of congress in upholding the laws set forth by congress in opposition from the State Law. There will also be a review of the rulings effect on other states and peoplesââ¬â¢ rights. The review of congresses decision about preempting state law in this case shows that the government has supreme rule over the land and in this case used it to protect the tobacco industry. Business law and law inâ⬠¦show more contentâ⬠¦Congress would want to preempt state law regarding the advertising and promotion of tobacco products because of taxes. The Federal Government makes money from cigarette sales and manufacturing. By congress being involved at a federal level it prevents the states from becoming involved at and preventing this flow of income for the Federal Government. Tobacco has recently been an increasing health issue and the government is protecting the tobacco industry. One reason for this could be the influence of the big tobacco companies in politics and how they can contribute to certain persons to get laws enacted in their favor. The functions and role of law in business and society are vast and must be narrowed down for better understanding. Law is important to businesses because it not only protects the business but it gives the business guidelines to follow to ensure fair dealing and also reliability of business transactions. It important that a business understand that there are rules that must be followed when conducting day-to-day transactions and they will be held accountable for their actions. Law regulates society by also holding individuals accountable for their actions. The law essentially defines the rules and also defines what happens if the rules are broken by an individual or business. The law affec ts my current position in sales and construction because when I moved into this position and withShow MoreRelatedRole and Function of Law907 Words à |à 4 PagesRole and Function of Law Paper Andrew Urey LAW/421 July 10, 2013 Winifred Cannon Role and Function of Law Paper In society as well as a business, law plays a significant role in their daily operation. For a society to be efficient and effective, laws have to be put into place to regulate social behavior. This paper intent is to define the functions and role of law in business and society. Finally, an example of how law is observed in the United States Navy will be elaborated upon. 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