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book Legal Environment 4th Edition by Jeffrey Beatty, Susan Samuelson cover

Legal Environment 4th Edition by Jeffrey Beatty, Susan Samuelson

Edition 4ISBN: 9780324786545
book Legal Environment 4th Edition by Jeffrey Beatty, Susan Samuelson cover

Legal Environment 4th Edition by Jeffrey Beatty, Susan Samuelson

Edition 4ISBN: 9780324786545
Exercise 1
Can one person really understand all of the legal issues mentioned at the beginning of this chapter? For example, can a business executive know about insider trading and employment law and environmental law and tort law and all of the others? Will a court really hold one person to such knowledge?
Explanation
Verified
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There are many types of different law varying in topic and location, among other demographics and from many different sources. The United States of America has a very complex legal system.
Because of this, no one person can be expected to know everything or even a substantial amount of the law. A court will expect a lawyer to research the topic he is litigating so that he is well prepared, but the lawyer does not need to know everything about the law.
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Legal Environment 4th Edition by Jeffrey Beatty, Susan Samuelson
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