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1.01--Origins of Law

Business Law

QuestionAnswer
Rules and procedures established by regulatory agencies Administrative law
Loyalty to one’s country Allegiance
An open peaceful violation of a law to protest its alleged injustice Civil disobedience
Concerned with business transactions and the operation of business establishments Commercial law
Unwritten law that evolves from the customs and traditions of society Common law
A document which spells out the principles by which a government runs and the fundamental laws that govern a society Constitution
The act of abandoning one’s country and giving up citizenship Expatriation
Concerned with the conduct of nations in their relations with each other International law
The right established by Marbury vs. Madison for the court system to examine the decision of a lower court, the executive branch, or the legislative branch Judicial review
Rules of conduct established y the government of a society to maintain stability and justice in that society Law
When a judge is required to follow an earlier court decision when deciding a case with similar circumstances, also called stare decisis Law of precedent
Relating to a city or town Municipal
Laws enacted by local municipal governmental bodies Ordinances
“Let the decision stand”, another name for law of precedent or case law Stare decisis
Laws enacted by legislative bodies Statutes
The highest authority; US Constitution has supremacy over state laws, state laws have supremacy over local laws Supremacy
Betrayal or disloyalty to one’s country Treason
A law that is not agreeable with the constitution and is no longer valid Unconstitutional
Created by: hmjones
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