critical thinking skills
the ability to understand the structure of an argument and apply a set of evaluative criteria to assess its merits.
a position or stance on an issue; the goal toward which reasoning moves.
an explanation or justification provided as support for a conclusion
eight steps to legal reasoning
1. What are the facts?
2. What is the issue?
3. What are the reasons and conclusion?
4. What are the relevant rules of law?
5. Does the legal argument contain significant ambiguity?
6. What ethical norms are fundamental to
the court's reasoning?
7. How appropriate are the legal analogies?
8. Is there relevant missing information?
Susceptible to two or more possible interpretations.
a standard of conduct
standards of conduct that we consider good or virtuous.
primary ethical norms
the four norms that provide the major ethical direction for the laws governing business behavior: freedom, stability, justice, and efficiency.
a comparison based on the assumption that if two things are alike in some respect, they must be alike in other respects.
business law chapter 1