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Business Law Ch 1
Business Law Chapter 1, Page 20
| Term | Definition |
|---|---|
| Administrative Agency | Governmental body formed to carry out particular laws. |
| Case Law | Made when an appellate court endorsed a rule to be used in deciding court cases. |
| Civil Disobedience | Open, peaceful violation of a law to protest its alleged injustice. |
| Civil Law | Group of laws used to provide remedy for wrongs against individuals. |
| Code | Laws grouped into an organized form. |
| Common Law | Law based on current standards or customs of the people. |
| Constitution | Document that sets forth the framework of the government and its relationship to the people it governs. |
| Criminal Law | Groups of laws that defines and sets punishments for offenses against society. |
| Equity | Basic fairness. |
| Ethics | Deciding what is right or wrong action in a reasoned, impartial manner. |
| Jurisdiction | Power of court to decide a case. |
| Laws | Enforceable rules of conduct in a society. |
| Ordinance | Legislation enacted by a town, city, or country board or commission. |
| Positive Law | Law based on the dictates of a central political authority. |
| Procedural Law | Group of laws that define the methods for enforcing legal rights and duties. |
| Stare Decisis | Doctrine that requires lower courts to following existing case law in deciding similar cases. |
| Statute | Law enacted by state or federal legislatures. |
| Substantive Law | Group of laws that define rights and duties. |