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Untied States Legal System

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The legal system in the United States is essentially a common law system that depends heavily on the decisions in previous cases. What does this system mean for the development of law, and how does this system affect the ability of firms to consider the legal impacts of actions that they are considering? Reference required.

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The legal system in the United States depends on decisions in previous cases but at the same time it also depends on several levels of codified law (10. The most important part of the US law is the United States Constitution. The Constitution sets the limits of the Federal Law. The law consists of acts of Congress; Senate ratified treaties, executive branch regulations, and decisions in previous cases. The law develops when there are acts of Congress, treaties ratified by the Senate, regulations developed by the executive branch, and more decisions in cases. The result is compiled and codified in the ...

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The answer to this problem explains the Untied States legal system and its impact on a firm . The references related to the answer are also included.

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In 700-800 words describe the role of the United States Constitution and the United States legal system in business regulation. Please include an example, which demonstrates how a Constitutional right affects a bank or credit card business and how the legal system is used with respect to recognizing or protecting that right.

Be sure to properly cite at least two references. If you use an electronic source, include the URL. If you use an additional printed source please attach a copy of the data to your response.

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