The Role And Function Of Law In Business

Business LawName Institutional affiliationBusiness LawHistory of the American Judicial SystemWhen America became independent in 1781, it inherited the judicial system established by the British. The system then evolved independently to match the changing interests of the American people. The most important aspects of the American Judicial System are the juries, due process, common law and the adversarial system. The jury was introduced by the Sixth Amendment in the Bill of Rights which guarantees, among other ideas, speedy and public trials, that defendants shall be informed of all charges against them, and a trial by jury. The role of the jury is to ‘determine the facts in a trial, the truth or falsehood of testimony, the guilt or innocence of criminal defendants, and the liabilities in a civil trial”. The due process and the common law on the other hand, have their origin in the English common law tradition. According to chapter 39 of the Magna Carta, “No freeman shall be arrested, or detained in prison, or deprived of his freehold, or outlawed, or banished, or in any way molested; and we will not set forth against him, nor send