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Business Law Exam 1

TermDefinition
stare decisis all court and law decisions based off the past; higher court decisions are binding to lower courts
statute of limitations time period in which action can be taken against someone
civil law private or public rights, as opposed to criminal matters
criminal law wrongful actions committed agains society
police powers powers possessed by the states. public order, health, safety..
moral minimum the law
Created by: urban144
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