BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In this system, laws are judged to be right or good when they affect the majority of the people in a positive manner.
A
Greatest Good
B
English Common Law
C
Ethics as Reflected in U.S. Law and the U.S. constitution
D
Constitution
Explanation: 

Detailed explanation-1: -Law means Justice, Morality, Reason, Order, and Righteous from the view point of the society. Law means Statutes, Acts, Rules, Regulations, Orders, and Ordinances from point of view of legislature. Law means Rules of court, Decrees, Judgment, Orders of courts, and Injunctions from the point of view of Judges.

Detailed explanation-2: -Rule of Law Under Indian Constitution Rule of law was adopted from England by our constitutional fathers and many provisions were incorporated in the Indian Constitution. Indian Constitution is considered to be supreme and no one is above Indian Constitution.

Detailed explanation-3: -In the whole world, there are four broad classes of Legal Systems. These are: (a) Common Law; (b) Continental Legal System; (c) Socialist Legal System; and (d) Legal System amongst International Institutions and Countries ‘inter se’.

There is 1 question to complete.