NANYANG TECHNOLOGICAL UNIVERSITY NANYANG BUSINESS SCHOOL AB1301 - BUSINESS LAW JAN 2025 Seminar 1: Society, Business & the Law Key Learning Points: Be familiar with the following basic legal concepts to facilitate the study of substantive rules of law: • Meaning and function of “the law” • Who makes and applies the law in Singapore • The distinguishing features of our legal system • Sources of law in Singapore • The different classifications of law • How to use case law and statutes to decide legal issues Contents A. Definition & Function of Law B. Making & Application of the Law C. Singapore Legal System D. Sources of Law E. Classifications of Law F. Statutory Interpretation A. Definition & Function of Law ‒ Basic definition and function of law B. Making & Application of the Law ‒ Structure of government in Singapore ‒ Function of legislature ‒ Function of judiciary ‒ Court structure Comments: ‒ Students should know: § which branch(es) of government makes and applies law in Singapore, and § the Singapore court structure and the various jurisdictions of the courts C. Singapore Legal System ‒ Common law legal system ‒ Comparison with civil law legal system Comments: ‒ Students should § know the basic features of the common law and civil law legal systems, and § be able to compare and contrast the basic features of the two legal systems D. Sources of Law ‒ Constitution ‒ Acts of Parliament ‒ Subsidiary legislation ‒ Case law ‒ Customary law ‒ International law ‒ English law Comments: ‒ Students should be able to set out the different sources of law E. Classifications of Law ‒ Criminal law v Civil law ‒ Common law v Equity Comments: ‒ Students should be understand the above 2 ways of classifying law and be able to distinguish the different categories F. Case law technique - Doctrine of stare decisis Comments: ‒ Students should be able to resolve legal issues by using case law G. Statutory interpretation - Interpretation Act - Rules of interpretation a) Literal rule b) Golden rule c) Mischief rule d) Statute to be read as whole e) Contextual interpretation f) Ejusdem generis - Precedence of statutes over case law Comments: ‒ Students should be able to resolve legal issues by using statutes