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Role of the U.S. Constitution in Business Regulation Role of the U.S. Constitution in Business Regulation The United States Constitution is a written document that
and how the legal system is used with respect to recognizing and/or protecting that right. Role of U.S. Constitution in Business Regulation The need for more responsive
role of the United States Constitution is and how a constitutional right can affect a business in today's world. The role of the United States Constitution is to
as business owners and organizations. The United States Constitution along with the United States legal system played an important role in business regulation. There
importantly it is set up to preserve our freedom. Those freedoms given to us by the U.S. Constitution. On the business side, the primary role of the law is regulation.
Submitted by cm618 on July 8, 2008
Category: Business
Words: 740 | Pages: 3
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Role of the U.S. Constitution in Business Regulation
The United States Constitution is a written document that provides the framework for the federal government and is ultimately the supreme law for Americans to abide by. This document “establishes the structure of the federal government, delegates powers to the federal government, and guarantees certain fundamental rights (Cheeseman, 2007, p. 49).” These fundamental rights, laws and freedoms are granted, to all Americans. Despite the ratification of the Constitution in 1788, the laws still pertain to today’s ever-changing economy and culture. The Constitution has been referred to as a “living” document that evolves in unison with our country. The comprehension of the Commerce Clause in relation to business regulation and how it affects a current case in the news, facilitates a better comprehension of the role the U.S. Constitution plays in regard to business regulation.
The Constitution of the United States sets forth the nations fundamental laws for business regulation. The Commerce Clause in particular grants the federal government the authority to regulate commerce between states, Indian tribes, and other nations. “Because this clause authorizes the federal government to regulate commerce, it has a greater impact on business than any other provision in the Constitution (Cheeseman, 2007, p. 52).” The original purpose of this clause was primarily due to the need for a more responsive and effective business regulation. Today, this clause protects businesses and consumers alike. The state and federal government have concurrent power to regulate domestic commerce. The federal and state governments dually regulate the parameters of interstate and intrastate commerce. Interstate commerce consists of business involving two or more states while intrastate commerce occurs solely within the boundaries of a single state. Interstate trade is the very argument...
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