Business Law
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Business Law Study Notes (Chapters 3-6)
Chapter 3
p.55 Two functions of the constitution:
1. Creates the three branches of the federal government (executive, legislative,
and judicial branches) and allocates powers to these branches.
2. It protects individual rights by limiting the government's ability to restrict those
rights.
p.56 Supremacy Clause: establishes that the federal constitution, treaties, federal laws,
and federal regulations are the supreme law of the land.
p.56 preemption doctrine: the concept that federal law takes precedence over state or
local law.
p...