Law For Business Chapter 1
The doctrine of stare decisis states that
A decision taken by a Court determines the Fate of similar cases in other courts in Future
The heads of Federal administrative agencies are
Appointed
The. consists of ten amendments to the U. S. constitution Specifically designed to protect the civil rights Of Citizens is
Bill of Rights
Class of laws primarily Concerned with Business transactions
Business Law
Law which deals with Offense against society
Criminal Law
A justice system Based on fairness
Equity
Principle that determines the morality of Conduct
Ethics
Which is true of the Uniform Commercial Code?
Individual states have made Changes to the Ucc
which Of following Statements is true Of common law?
Judgements in common law generally take the Form of a restraining order or an injunction
Government rule prescribing Conduct and Carrying a penalty
Law
Court's temporary Order forbidding an action
Restraining order
The most common Type of relief that Courts of equity provide is monetary damages
T/ F False
If a decision Of an administrative agency Conflicts with a statute enacted by a higher legislative Body, the agency decision will prevail
T/F False
The legal system Of the U.S. is based primarily on French legal system
T/F False
Codes of professional responsibility are legally enforceable
T/F True
Statutes are easier to ammend than Constitutions
T/F True
When a state law and a municipal legislation Conflict with each other, the state law will prevail
T/F True
any state supreme Court of the U.S. Can reverse decision of a lower Court
T/F True
All states of the U.S. have separate equity Courts & Common law Courts
T/f False
Is the same Law able to have different Consequences for different states?
Yes
a permanent order that is issued by a Court with equity Powers forbidding actiVities that would be detrimental to others is Known as
an injunction
Civil law
deals with enforcement or protection of private Rights
Administrative agencies
have the power to implement Law
