Chapter 1 from videos

Question 1

What is the definition of law

Answer 1

Rules and regulations on how the government will treat its citizens and vice versa.

Question 2

What are the two major types of law in the business setting

Answer 2

Dispute Resolution Role and Regulatory Role

Question 3

What is dispute resolution role

Answer 3

Settles differences between two or more parties

Question 4

What is regulatory role

Answer 4

Government interference with private businesses and directs and standardizes business activities

Question 5

What does enforcement lead to

Answer 5

stability, predictability, and uniformity

Question 6

what is constitutional law

Answer 6

the supreme law of the united states

Question 7

what is statutory law (FIX)

Answer 7

statutory law is written down

Question 8

What are the three types of executive creation of law

Answer 8

Executive Orders, Appointment of Executive Officials, and Appointment of Judges

Question 9

What are the three types of judicial creation of law

Answer 9

Common Law, Interpretation of Statutes/Agency Law, and Judicial Review

Question 10

What is the difference between public and private law

Answer 10

Public has government involved. While private has no direct government involvement

Question 11

What is the difference between public and private law

Answer 11

Public has government involved. While private has no direct government involvement

Question 12

What is the difference substantive and procedural law

Answer 12

substantive law is the substance of the law. Procedural law

Question 13

What is the difference substantive and procedural law

Answer 13

substantive law establishes the rights and obligations of the law. Procedural law establishes the legal rules of the law.

Question 14

What is the difference between equitable and legal remedies

Answer 14

Equitable remedies if the monetary damages do you no good. Legal remedies are monetary.

Question 15

What are the purposes of law

Answer 15

Establishing Standards, Maintaining Order, Resolving Disputes, and Protecting Liberties and Rights

Question 16

What is the rule of law

Answer 16

The legal principle that law should govern a nation.

Question 17

Why is law referred to as an abstract term

Answer 17

Law is referred to fluid

Question 18

What are statutes

Answer 18

a formal written enactment of a legislative authority that governs the legal entities of a city, state, or country by way of consent

Question 19

How can a bill be approved

Answer 19

by a majority of both Houses of Congress and the President must either sign the bill or have his veto overridden by a two-thirds vote of both houses.

Question 20

What can the president do with laws

Answer 20

the president can independently create laws by issuing executive orders and controlling the policies of the executive branch

Question 21

What is the way the president can exercise of official discretion

Answer 21

by appointing the heads of federal agencies which affects the legal environment, appoint federal judges, and administration spending discretion

Question 22

What is common law

Answer 22

the body of law created by judges and similar quasi-judicial tribunals by virtue of being stated in written opinions

Question 23

What is a precedent

Answer 23

a court decision that is considered as authority for deciding subsequent cases involving identical or similar facts

Question 24

Who are the people that can create a precedent

Answer 24

an appellate court

Question 25

What is referred to as judge-made law

Answer 25

common law

Question 26

What is judicial interpretation

Answer 26

refers to how a judge interprets the law.

Question 27

legislative intent

Answer 27

a practice used by judges to determine the goals of legislators at the time of a bill's passage

Question 28

judicially passive

Answer 28

ruling on a case based on what is right and not what the judge believes

Question 29

What is judicial activism

Answer 29

a philosophy of judicial decision making whereby judges allow their personal views about public policy, among other factors, to guide their decisions

Question 30

What does the interpretation of law include

Answer 30

interpreting the meaning of state and federal statutes and constitutional provisions, both state and national

Question 31

How are statutes written

Answer 31

they are mainly written in general terms to give courts the flexibility to respond to unforeseen circumstances and to adapt to changing conditions over time

Question 32

what is judicial review

Answer 32

the process under which executive, legislative and administrative action are subject to review by the judiciary

Question 33

what is federalism

Answer 33

combines a general government with regional governments in a single political system

Question 34

Federal law

Answer 34

The body of law created by the federal government of a country

Question 35

What is included in federal law

Answer 35

all laws developed under the authority of the Constitution by Congress, the President, or federal regulations

Question 36

State law

Answer 36

ordinances passed by local governments, laws passed by state legislatures, and the laws created by state regulatory agencies

Question 37

What is minority rule

Answer 37

few states chose follow the rule of law

Question 38

What is the majority rule

Answer 38

majority states agree

Question 39

Public law

Answer 39

the part of law that governs relations between legal persons and a government

Question 40

Private Law

Answer 40

a branch of law concerned with private persons, property, and relationships

Question 41

criminal law

Answer 41

the body of law that relates to crime

Question 42

Civil law

Answer 42

the law that provides remedies for individuals or entities that have been wronged by the other individual or entity such as crimes

Question 43

Substantive Laws

Answer 43

the set of laws that governs how members of a society are to behave

Question 44

Procedural law

Answer 44

the body of law that establishes the rules of the court

Question 45

Equity

Answer 45

an area of the law separate from the traditional common law

Question 46

legal remedies

Answer 46

enforces a right, imposes a penalty, or makes another court order to impose its will in order to compensate for the harm of a wrongful act inflicted upon an individual

Question 47

Equitable remedy

Answer 47

breach of contract or in cases of intellectual property theft

Question 48

injunction

Answer 48

a legal and equitable remedy in the form of a special court order that compels a party to do or refrain from specific acts