III. Agree or disagree with the statements:

1. Each country in the world has its own system of law.

2. Common law systems do not differ from civil law system.

3. Continental law has developed only in Europe.

4. Civil law has influenced Japan.

5. The judicial precedents are an important source of common law system.

6. Continental law systems are known as codified legal systems.

7. Civil law concerns disputes between citizens within a country.

8. Public law concerns disputes between citizens and the state.

9. The law changes through the course of history.

10. The law orbits certain ways of behaving.

IV. Answer the questions:

1. What are two main traditions of law in the world?

2. What is the difference between Common law and Civil law systems?

3. What does Civil law concern?

4. What does public law concern?

5. What are the main branches of Civil law?

V. Match the first part of the sentence (1-5) with the second one (a-e).

1	Civil law concerns disputes between citizens within a country,	a	and is concerned with the same problems.
2	The law of a modern state has everywhere much the same shape	b	which has developed through the decisions of judges.
3	Civil or continental law systems	c	has its own system of law.
4	Common law system is a system of “judge made” law	d	and public law concerns disputes between citizens and the state.
5	Each country in the world	e	are known as codified legal systems.

VI. Make up a plan of the text.

VII. Retell the text in a written form (in English or Ukrainian). Text 58. Business law

I. Read and memorize the following words and word combinations:

Transaction – комерційна операція, a tort – цивільне правопорушення, to conspire – вступати у змову, business law – торгівельне право, a party – сторона у контракті, legally enforceable – юридично обов`язковий, a consideration – компенсація.

II. Listen to the text: Business Law

Business law (also known as commercial law) covers rules that apply to business situations and transactions. Business law is largely concerned with civil law, especially with contracts. Some business law applies to torts (private wrongs against individuals, distinct from breaches of contracts). Some business law applies to torts (private wrongs against individuals distinct from breaches of contracts) For example, a tort may occur when a manu­facturer makes a defective product that injures a user. Criminal law sometimes governs business-related activities, too. For example, criminal law would punish a firm that conspires with competitors to fix prices or an employee who steals company tools.

Numerous and varied laws regulate the activities of all businesses and everyone involved in the business, from owner to manager to em­ployee. The business law deals with contracts, torts, sales, agency, property, bankruptcy, and negotiable instruments.