Ethical and legal environment of business
The discussion post for this week has two parts:
PART 1. Oliver Wendell Holmes on The Common Law
In his classic book The Common Law, published in 1881, the jurist Oliver Wendell Holmes, Jr., who is pictured below, wrote perhaps the most famous sentence about the law of all time: “The life of the law has not been logic: it has been experience.” What is “the common law” and what do you think Holmes meant by this? (250 words) (Part 2 is below)
The Common Law (Module 3) | prior probability
PART 2. Vampire Contracts?
Assume vampires, like the ones pictured below, are real! Professor Guerra-Pujol has taken the position that agreements between humans and vampires for the purchase and sale of blood should be 100% legal. (For your reference, check out this Freakonomics podcast episode (Links to an external site.) (the Professor is interviewed around minute 11) or the first few pages of his vampire essay, which is available for free here (Links to an external site.) and which was published in The Economics of the Undead (Links to an external site.).)
Do you agree? Why or why not? (250 words)
To receive full credit, you must complete this discussion post by this Friday, Feb. 4 (11:59 PM).
This week’s discussion post contains two parts:
PART 1: The Common Law
“The life of the law has not been logic: it has been experience,” wrote Oliver Wendell Holmes, Jr., in his 1881 classic The Common Law. What does “the common law” mean to you? (250 w) Part 2:
Common Law | prior probability
Vampire Contracts?
Assume these vampires are real! Professor Guerra-Pujol believes that contracts for the purchase and sale of blood between humans and vampires should be lawful. (Refer to this Freakonomics podcast episode (Links to an external site.) (The Professor is interviewed at minute 11) or the first few pages of his vampire essay, available for free here (Links to an other site.)
Agree? So, why? (250 w)
Please complete this discussion post by Friday, February 4th (11:59 PM).
