Unit 1 Case Law Analysis

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Unit 1, Case Law Analysis – Judicial Concepts Can you imagine doing business without being able to have any reasonable expectations of another’s behavior? If you property interest where not protected would you be willing to conduct business? There would be no way of establishing a way to resolve a problem without a rule of law system. There would be chaos without it. The rule of law establishes rules for people and business, these rules must be followed to avoid being penalized. Rules are set and laws are made to allow people to understand what is expected of them when conducting business. They also retrain governments and others from infringing on property rights. In every area of business the rule of law provides guidance and direction (Anonymous