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Business Law Chptr 1
Chapter Review
| Question | Answer |
|---|---|
| The order or pattern of rules that society uses to govern the conduct of individuals is called what? | Law |
| What is a right? | A legal capacity to require another person to perform or refrain from performing an act. |
| An obligation of law imposed on a person to perform or refrain from performing an act is called a(n) what? | A duty. |
| What rights provide a framework for the structure of government and other laws? | The rights given in the U.S. Constitution. |
| True or false. Your private life is subject to public scrutiny when you are a private citizen. | False. |
| Rules promulgated by state and federal agencies such as the Environmental Protection Agency are called what? | Administrative Regulations. |
| What is case law? | Principles that are expressed for the first time in court decisions. |
| What is stare decisis? | The use of precedent and following decisions. |