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Summary Write a paper of 700 to 1 050 words in which you discuss th

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Write a paper of 700- to 1,050-words in which you discuss the roles of law and courts in today's business environmentIntroduction:The present business environment is a very complex one with diverse issues surfacing while conducting business. Organizations have to not only adhere to disclosures but also make sure that they do everything right. There are many legal systems which are operative on the macro scenario and many laws which enable businesses to function in the best interest of all stakeholders.Differentiate the federal court structure with your state's court structure.Article III of the Constitution invests the judicial power of the United States in the federal court system. Article III, Section 1 specifically creates the U.S. Supreme Court and gives Congress the authority to create the lower federal courts. Parties dissatisfied with a decision of a U.S. district court, the U.S.

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Uploaded on
January 1, 2021
Number of pages
3
Written in
2020/2021
Type
Summary

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Write a paper of 700- to 1,050-words in which you discuss the roles of law and courts in today's

business environment




Introduction:


The present business environment is a very complex one with diverse issues surfacing while

conducting business. Organizations have to not only adhere to disclosures but also make sure

that they do everything right. There are many legal systems which are operative on the macro

scenario and many laws which enable businesses to function in the best interest of all

stakeholders.


Differentiate the federal court structure with your state's court structure.


Article III of the Constitution invests the judicial power of the United States in the federal court

system. Article III, Section 1 specifically creates the U.S. Supreme Court and gives Congress the

authority to create the lower federal courts. Parties dissatisfied with a decision of a U.S. district

court, the U.S. Court of Claims, and/or the U.S. Court of International Trade may appeal to a

U.S. court of appeals.


The Constitution and laws of each state establish the state courts. A court of last resort, often

known as a supreme court, is usually the highest court in a state. Some states also have an

intermediate court of appeals. Below these appeals courts are the state trial courts. Some are

referred to as circuit or district courts. Parties dissatisfied with the decision of the trial court may

take their cases to the intermediate court of appeals. (Shapiro, 1992)

Discuss the concept of judicial review.

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