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Business Law Ch 1

Terms for Chapter 1

A body of enforceable rules governing relationships among individuals and between individuals and their society Law
The science or philosophy of law Jurisprudence
The failure to perform a legal obligation Breach
the body of law derived from the U.S. Constitution and the constitutions of the various states Constitutional Law
A reference to a publication in which a legal authority - such as a statute or a court decision - or other source can be found Citations
A regulation enacted by a city or county legislative body to govern matters not covered by state or federal law Citations
The body of law enacted by legislative bodies (as opposed to constitutional law, administrative law, or case law) Statutory Law
The body of law created by administrative agencies (in the form of rules, regulations, orders, and decisions) in order to carry out their duties and responsibilities Administrative Law
The rules of law announced in court decisions Case Law
The body of law developed from custom or judicial decisions in English and U.S. courts, not attributable to a legislature Common Law
A court decision that furnishes an example or authority for deciding subsequent cases involving identical or similar facts Precedent
Created by: rclay3