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Chapter 1 Vocab...
business law
| Term | Definition |
|---|---|
| Morality | Conformity to the rules of right conduct; moral or virtuous conduct. |
| Ethics | A system of moral principles: the ethics of culture |
| Justice | the quality of being just; righteousness, equitableness, or moral rightness: to uphold the justice of a cause |
| Law | the principles and regulations established in a community by some authority and applicable to its people, whether in the form of legislation or of custom and policies recognized and enforced by judicial decision |
| Constitution | the way in which a thing is composed or made up; make up; composition: the chemical constitution of the cleanser |
| Common Law | the system of law originating in England, as distinct from the civil or Roman law and the canon or ecclesiastical law |
| Statute | the enactment made by a legislature and expressed in a formal document |
| Administrative Law | the body of rules and principles that governs the duties and operations of federal or state administrative agencies, as commissions an boards |
| Empathy | the intellectual identification with or vicarious experiencing of the feelings, thoughts or attitudes of another |
| Permissible | that can be permitted; allowable: a permissible amount of sentimentality under the circumstances |
| Prevalent | widespread; of wide extent or occurrence; in general use or acceptance. |
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