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Oakland Community College - Bus 2030 - Class Notes - Week 3

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Oakland Community College - Bus 2030 - Class Notes - Week 3

School: Oakland Community College
Department: Business
Course: Business Law 1
Professor: Tba
Term: Fall 2016
Tags: Bill of Rights, The Constitution, laws, business, and basics
Name: BUS LAW 1 CH. 4 Notes
Description: Review of the Bill of Rights and The Constitution and application to business.
Uploaded: 09/19/2016
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background image Wednesday, September 21, 2016  Business Law 1 Notes  ______________________________________________________________________ From previous sections     -  Last week we learned about the court systems and the procedures.  We covered the layout of a complaint, summons, and the different 
types of Motions. Make sure to review all key terms from the last 
couple of chapters. There was a lot of new information shared.  
 
______________________________________________________________________ 
Chapter 4: Business and The Constitution       Federal forms of Government:   o  Share power between national and state government.  
o  National government has limited enumerated powers 
delegated from the states.     Regulatory Powers of States:   o  10th Amendment:    Police Power: Order, safety, morale.     Relations Among the States:  
 
o  Privileges and Immunities Clause:     Article IV section 2 of the U.S. Constitution  prevents the state from imposing unreasonable 
burdens on citizens – particularly with regard to 
basic and essential activities.  
  o  Full Faith and Credit Clause:     Article IV section 1 of the Constitution 
  Applies only to civil matters  
  Ensures that any judicial decision with respect to 
property rights will be honored and enforced in all 
states.  
  Federal Government provides “checks and balances”.     Legislative (Congress): Makes laws  
  Executive (President/Agencies): Enforce laws  
  Judicial (Courts): Interpret Laws  
o  If you owe money to “The Bank of Michigan” then you move  to Ohio, you still owe that money to Michigan.    
background image Wednesday, September 21, 2016  o  Commerce Clause: (Business Clause)     Power to regulate interstate commerce.     Defined by: Gibbons v. Ogden (1824): Activities  that “substantially affect interstate 
commerce”.  
  Federal Government can regulate ordinances and  laws of commerce if it crosses over more than 
one state.  
  Important Case: (to review) Heart of Atlanta v. U.S. (1964).       Today: The Commerce Clause authorized the National Government  to regulate virtually any business enterprise including 
internet-based companies. [Limits: U.S. v Lopez (1995)].  
    Dormant Commerce Clause:   o  Generally, the Federal Government has exclusive authority  to regulate health, safety, public order, morals, and 
general welfare.  
o  However, state police power or regulations that  substantially interfere with interstate commerce will be 
struck down.  
  If something isn’t regulated by the state, then the  Federal Government can regulate it.     Important Case: (to review) Family Winemakers of California v.  Jenkins (2010).       Supremacy Clause and Federal Preemption:   o  Article VI of the Constitution: Laws and treaties of the  United States are the “supreme law of the land”.     If there is a conflict between Federal and State  Law. Federal Law wins and State Law becomes invalid.     A valid Federal statute or regulation will take  precedence over a conflicting state or local 
statute.  
o  Preemption: occurs only when congress chooses to act  exclusively when a National and State governments have 
concurrent powers.  
 
  Tax and Spending Powers:  
o  Article 1 section 8 of the Constitution:  

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School: Oakland Community College
Department: Business
Course: Business Law 1
Professor: Tba
Term: Fall 2016
Tags: Bill of Rights, The Constitution, laws, business, and basics
Name: BUS LAW 1 CH. 4 Notes
Description: Review of the Bill of Rights and The Constitution and application to business.
Uploaded: 09/19/2016
5 Pages 8 Views 6 Unlocks
  • Better Grades Guarantee
  • 24/7 Homework help
  • Notes, Study Guides, Flashcards + More!
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