The present business environment is a very complex one with diverse issues surfacing while conducting business. Organizations have to not only adhere to disclosures but also make sure that they do everything right. There are many legal systems which are operative on the macro scenario and many laws which enable businesses to function in the best interest of all stakeholders.
Differentiate the federal court structure with your state's court structure.
Article III of the Constitution invests the judicial power of the United States in the federal court system. Article III, Section 1 specifically creates the U.S. Supreme Court and gives Congress the authority to create the lower federal courts. Parties dissatisfied with a decision of a U.S. district court, the U.S. Court of Claims, and/or the U.S. Court of International Trade may appeal to a U.S. court of appeals.
The Constitution and laws of each state