Difference between common law and statutory law

Assignment Help Business Law and Ethics
Reference no: EM133199573

Part 1

Question 1: What is the difference between common law and statutory law?

Question 2: Classify the following laws as substantive or procedural:

a. A law that requires public schools to hold a hearing before a student is expelled.

b. A law that establishes a maximum interest rate for credit transactions of 24 percent.

c. A law that provides employee leave for the birth or adoption of a child for up to 12 weeks.

d. A law that requires the county assessor to send four notices of taxes due and owing before a lien can be filed (attached) to the property.

Part 2

Question 1. List the steps in a lawsuit. Begin with the filing of the complaint, and explain the points at which there can be a final determination of the parties' rights in the case.

Question 2. Explain why a businessperson would want to use alternative dispute resolution methods. Discuss the advantages. What disadvantages have you learned?

Reference no: EM133199573

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