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1. What is the rule of law? Why is it important? What does…

January 25, 2024

1. What is the rule of law? Why is it important? What does it have to do with business law? Does it matter whether the law is a rule versus a standard?

2. What is the doctrine of efficient breach? What is its purpose? How are the purposes behind the doctrine of efficient breach similar to the way damages are assessed in torts or related to the Coase Theorem?

3. Who does employment law protect? Who does employment law hurt? Give specific examples of laws, doctrines, and/or legal policies and describe for each both who they hurt and who they protect.

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