Terminology

Question 1

What is legislative powers?

Answer 1

powers to make laws

Question 2

What is executive powers?

Answer 2

the power to apply the law

Question 3

What is judicial powers?

Answer 3

the power to interpret law

Question 4

What is delegated legislation?

Answer 4

parliment can provide the power to a person or body to make laws

Question 5

What is exclusive powers?

Answer 5

law making powers only for the federal government

Question 6

what is concurrent powers?

Answer 6

law making powers that are shared between state and federal

Question 7

what is residual powers?

Answer 7

powers only for state parliaments

Question 8

What is a principal?

Answer 8

is someone that appoints an agent

Question 9

what is an agent?

Answer 9

is someone that acts on behalf of the principal to engage towards a third party

Question 10

what is a general agent?

Answer 10

is an agent used for a form of transactions of trade

Question 11

what is a special agent?

Answer 11

is an agent used for particular transactions

Question 12

what is a universal agent?

Answer 12

is an agent given unlimited powers to act on behalf of the principal

Question 13

what are the three elements of a contract?

Answer 13

offer consideration and acceptance

Question 14

what is an express contract?

Answer 14

a contract that has straightforward conditions and can take legal action against each other

Question 15

what is an implied contract?

Answer 15

a contract that promises a fair exchange that for one service for another

Question 16

what is an bilateral contract?

Answer 16

is a contract when two parties make promises for an exchange for benefits

Question 17

what is an unilateral contract?

Answer 17

is a contract when one party promises a reward but the other doesn’t accept anything in return

Question 18

what is common law?

Answer 18

is laws made based of earlier decisions and rulings

Question 19

what is civil law?

Answer 19

is laws are established that have specific guidelines and rules that must be followed

Question 20

what are the elements of acceptance in a contract?

Answer 20

must be absolute, follow the conditions stated, made in reliance, made within time provided, must be communicated

Question 21

what can consideration be ?

Answer 21

executory and executed

Question 22

consideration can be?

Answer 22

Executory and executed but not the past

Question 23

what can’t consideration be?

Answer 23

Not the past unless enforceable by the promisor

Question 24

what is executed?

Answer 24

to promise to do something in exchange

Question 25

what is executory?

Answer 25

the promise to do something in the future

Question 26

civil law uses a...

Answer 26

inquisitive system

Question 27

what is a inquisitive system?

Answer 27

is when the court is active in the investigation process

Question 28

common law uses a...

Answer 28

adversarial system

Question 29

what is a adversarial system?

Answer 29

is when two sides present their cases in prosecution or defense to the judge and jury