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Chapter 1
Business Law
Question | Answer |
---|---|
Substantive Law | Group of laws that define rights and duties |
Procedural Law | Group of laws that define the methods for enforcing legal rights and duties |
Criminal Law | Group of laws that assigns punishments for offenses against society |
Civil Law | Group of laws to provide remedies for wrongs against individuals |
Administrative Agencies | Government body formed to carry out particular laws |
Stare Decisis | Doctrine that requires lower courts to follow existing case law in deciding similar cases |
Case Law | Made when appellate court endorses a rile to be used in deciding court cases |
Ordinates | Pieces of legislation created by a town or city council or by a county board or commission |
Statues | Law enacted by state or federal legislatures |
Constitution | A document that sets forth the framework of a government and its relationship to the people it governs |
Equity | Basic fairness |
Laws | Enforceable rules of conduct in society |
Ethics | A collection of standards of conduct and moral judgement forming the basis for a reasoned, impartial decision as to what is right or wrong. |
Civil disobedience | Open, peaceful violation of a law to protest its alleged injustice |
Jurisdiction | Power of a court to decide a case |
Positive Law | Law based on the dictates of a central political authority |
Common Law | Law based on current standards or customs of the people |
Codes | laws grouped into an organized form |