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•The Rose

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Md.Rubel Mia

12309056

Md.Ajijul Islam

12309021

Sanjida Israt

12309020

Sharmin Shobnom

123090053

Law:

A law is a standard or rule established by a society to govern the behavior of its members.

Sources of Law:

There are three major sources

1. Common law

2. Statutory law

3. Administrative law

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COMMON LAW

The body of law created by judges through

their court decisions.

Statutory law As a body, the law enacted by federal, state,

and local governments, constitutions, or

treaties.

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Regulation affecting business, passed by state and federal administrative agencies.

The court system

1. Federal Court System

2. State Courts

3. Specialized Courts

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Low of contracts A legally enforceable, voluntary agreement

between two or more parties.

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Sales law:

Body of law involving the sale of productsFor money or on credit.

I. Express WarrantyII. Implied Warranty

Law of Agency:• Agency is a legal relationship between two

parties who agree that the agent will act on behalf of the principal.

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Law of Property:

i. Real property

ii. Tangible personal property

iii. Intangible personal property

iv. Trademark

v. Patent

vi. Copyright

Law of bankruptcy

• The legal procedure for non-payment of debts.

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Law of Negotiable Instruments

•It is a substitute for money.

Government Regulation & Deregulation of

Business

• Sherman antitrust Act

• Clayton Act

• Federal trade commission

Act

• Robinson-Patman act

• Celler-Kefauver act

• Antitrust Improvement Act

• Gramm-Rudman Act

Regulation

• Natural Gas policy Act

• Airline deregulation Act

• Motor carriver Act

• Staggers Rail act

• Depository institutions act

• Antitrust Improvement

Act

• Gramm-Rudman Act

Deregulation

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Tax

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Corporate Income

Tax

Individual income

Tax

Other Taxes

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