Business environment in Arizona Case Study Example | Topics and Well Written Essays - 1000 words

Business environment in Arizona - Case Study ExampleIn a business environment the federal approach constitution undertakes cases that fall under the national jurisdiction. federal state laws have a limited jurisdiction cover when handling cases. The US constitution has specified cases that involve multi-state companies in a business imposture situation. Handling interstate disputes in all relevant fields including company tussles, allocations of contracts are all catered by the federal government (Federal Courts. State Practice or a Federal Right, 1917) Federal laws are formulated to deal with bankruptcy cases. The nature of fraud associated with these cases. Concealment of assets by financial institutions is oftentimes the immediate response, thus culprits use fake files in different states. This offense mostly accompanies money laundering, individualism theft and public corruption these crimes are all handled by the federal law (Bankruptcy. Preferences. Right to blot out T ransaction for Fraud, 1922) Admiralty law is another special sectionalisation handled by the federal law this is the section that deals with maritime offenses. This is a very relevant section of people who handle business transactions. Offenses relating to water vessels, irreverence of water transport laws are handled by the federal government (OceanPortal) State court structure This system of law and the judiciary is more specifically set for civil cases. The major factor that distinguishes this system from the federal law is a broad jurisdiction. Multiple spectrum of both civil and criminal offenses are covered by state law.