1. Professor El Aouni Zouhair
E.G :Business Law
Chapter 1
Legal Terminology
Professor El Aouni Zouhair

2. What Is Law?
Law consists of rules that regulate the conduct of individuals, businesses, and other organizations within society. It is intended to protect persons and their property from unwanted interference from others.
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3. Functions of Law Keeping the peace Shaping moral standards
Promoting social justice
Maintaining the status quo
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4. Functions of Law Facilitating orderly change Facilitating planning
Providing a basis for compromise
Maximizing individual freedom
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5. Qualities of the Law Fairness
The U.S. legal system is one of the most comprehensive, fair, and democratic systems of law ever developed and enforced.
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6. Qualities of the Law Flexibility
U.S. law evolves and changes along with the norms of society, technology, and the growth and expansion of commerce in the U.S. and the rest of the world.
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7. What Is Jurisprudence?
Jurisprudence is the philosophy or science of law.
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8. Schools of Jurisprudential Thought
Natural school—Believes law is based on what is “correct”
Historical school—Believes law is an aggregate of social traditions and customs
Analytical school—Believes law is shaped by logic
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9. Schools of Jurisprudential Thought
Sociological school—Believes law is a means of achieving and advancing certain sociological goals
Command school—Believes law is a set of rules developed, communicated and enforced by the ruling party
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10. Schools of Jurisprudential Thought
Critical legal studies school—Believes legal rules are unnecessary and that legal disputes should be solved using rules of fairness
Law and economics school—Believes promoting market efficiency should be the central concern of legal decision making
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11. History of American Law
English common law
Developed by judges who issued their opinions when deciding a case. The principles became precedent for later judges deciding similar cases.
49 states base their legal systems on common law.
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12. Labor Unions
are legally recognized as representatives of workers in many industries.
They aim for better working conditions, hours, pay and benefits.
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13. Redundancy payment
a sum of money given by an employer to an employee who has been made redundant: usually calculated on the basis of the employee's rate of pay and length of service.
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14. Barrister
are legal practitioners in the United Kingdom. They do advocacy, draft legal documents, and can appear every court.
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15. Sollicitors
Lawyers in the United Kingdom who work in private firms, as legal advisors in corporations, government departments, and advise agencies.
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16. Sole practitioner
A person, who through a regular program of study, is learned in legal matters and has been licensed to practice his or her profession. Any qualified person who prosecutes or defends causes in courts of record or other judicial tribunals of the United States (Attorney).
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17. Law clinic
provide legal assistance to marginalized clients, while gaining exposure to the problems faced by these groups. At the same time, law students learn about their professional responsibility for supporting the rule of law, human rights, and social justice.
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18. Outsourcing
is any task, operation, job or process that could be performed by employees within an organization, but is instead contracted to a third party for a significant period of time.
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19. Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall.