Class 1, Intro. to Can. Business Law II-Winter 2009 com

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Transcript of Class 1, Intro. to Can. Business Law II-Winter 2009 com

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AS ECON 4510 - Canadian Business Law IIWinter 2009

Prof. Emiliya Mashkovtseva, Course [email protected] 309, Osgoode Hall Law School(Today: Prof. P. Mazzacano, Guest Lecturer)

Today’s Objectives: To introduce Canadian Business Law IIReview Course Requirements & Course StructureTo introduce the Concept of “Law”To introduce the Judicial System

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AS ECON 4510 - Canadian Business Law IIWinter 2009

Introduction to Canadian Business Law IIThe context of this course:

A continuation of Canadian Business Law IA continuing survey of legal rights and responsibilitiesTo assist in the identification of legal issues and

problemsTo help you engage in legal discourse with others

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AS ECON 4510 - Canadian Business Law IIWinter 2009

Course RequirementsLecture attendance is important!Class Participation is strongly encouraged!Reading the text is important prior to lecture

attendance!Evaluation will be by one assignment, worth 25% of

the final grade, a mid-term examination, worth 25%, and a final examination, worth 50% of the final grade. There is an option to write a final exam worth 75%.

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AS ECON 4510 - Canadian Business Law IIWinter 2009

Course RequirementsThe Assignment:

Worth 25% of the final grade Issued in class on Thursday, March 19, 2009Due at the beginning of class on Thursday, April 9, 2009

Final Exam: Worth 50% (default) or 75% as an option of the final

gradeHeld during the regular exam period

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AS ECON 4510 - Canadian Business Law IIWinter 2009

Course StructureLectures:

First-half of the session

Short breakInteractive session:

Second-half of the session (case problem exercises, quizzes, teamwork exercises, etc.)

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AS ECON 4510 - Canadian Business Law IIWinter 2009

Required Course Textbook:John A. Willes & John H. Willes, Contemporary

Canadian Business Law, 8th ed.(Toronto: McGraw-Hill Ryerson, 2006) (“Willes”)

Additional readings may be assigned

You will be tested on the material in the Willes textbook!

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What is “Law”?

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Where does Law come from?

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Where does Law come from?

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What is “Law”?

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What is “Law”?Willes: “The body of rules of conduct that are

obligatory in the sense that sanctions are normally imposed if a rule is violated”.

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What is “Law”?John Austin: laws are “commands, backed by threat of sanctions, from a sovereign, to whom people have a habit of obedience”.

Immanuel Kant: laws are the “universal laws of nature”.

H.L.A. Hart: law is a system of primary and secondary rules.

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What is “Law”?Ronald Dworkin: law is an “interpretive concept” that requires judges to find a just solution.

Joseph Raz: law is authority, identifiable through social sources, without reference to moral reasoning.

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What is “Law”?Natural Law Theorists: law is a philosophical system of moral and legal principles derived

from a “higher law”.

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What is “Law”?The Legal Realist: “law is politics”.

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What is “Law”?Critical Legal Studies: law is a tool that

promotes the interests of the powerful and legitimates injustice.

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What is “Law”?Feminists: law reflects the interests and

norms of white males.

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What is “Law”?Law & Economics: law is the legal

rationalization of economic efficiency.

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What is “Law”?Law is a system of rules.Law is the will of God.Law is the command of the sovereign.Law is patriarchy writ large.Law is what the courts say it is.Law is a marketing resource for lawyers.Law is a system of racial and ethnic subordination.Law is a tool of social engineering.Law is a weapon of class warfare.etc.(Allan Hutchinson, The Law School Book, 2d ed. (Toronto: Irwin Law Inc., 2000) at 18.

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Civil Law Common Law International Law…Are there others?

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Religious Law Socialist Law Pluralistic Systems Merchant Law (lex

mercatoria) Etc.

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Civil Law: Civil Code guides interactions of

private parties Judges interpret code provisions to

determine rights and obligations

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Common Law Genesis - early England Judges consulted earlier court decisions By applying rules from earlier decisions,

law in one part of England became “common” to other parts

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Common Law v. Equity

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International Law Conventions, Treaties…

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Legislation Constitution Case Law

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Public Law: governs relationships between the individual and the state

Private Law: relates to interactions between private citizens