Skittled said:
I must admit I don't quite understand the definition of theory vs prac, in the context of law, (to me, everything would be theory short of standing in a courtroom (or equivalent) and carrying it out...), however this is business law: prac would be in the application toward Businesses... I think there'd be an element of examples to add meaning to the wordy legislation, but actual "practical" content...? I can't imagine (given my definition) there'd be much...
ok
darling , what I meant in regards to practical vs theory is this:
Theory, to me, refers to the philosophy behind it all, sometimes the legislation (but this comes into play in practical applications too), but just the general history of it all... why such and such a business can be sued for such and such a reason, but not another.
And practical refers to you actually taking the knowledge that you have learned through legislation and precedent cases and seeing them apply in everyday life. Eg. If you worked in, lets say retail, you could take the information that you've learnt from busl250 and apply it at your workplace (thus slowly destroying the company you work for from the inside)
...Well, thats my understanding...