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Business Law 1111

business law vocab cards

TermDefinition
Morality The values that govern a group's ideas about right and wrong
Ethics The rules used to determine the difference between right and wrong
Justice Treating people fairly and equally
Law A system of rules of conduct established by a country's government to Maintain stability and justice according to the values that are relevant to that country
Constitution A country's formal document that spells out the principles by which its government operates
Common Law A set of laws made by the courts that provide a series of consistent rules that later courts must follow
Statute A law passed by a government body that has been made for the purpose of creating laws
Administrative Law The body of rules created by government agencies
Empathy The ability to understand and share the feeling of another
Permissible Permitted; allowed
Prevalent Widespread in a particular area at a particular time.
Created by: CaribouLou590
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