BUS 220 Chapter 1 Learn Smart Practice

__________ It made people become secure in their right of property

Advantage of stare decisis

------- Forbids owners from monopolizing classes of resources.

Antitrust Law

___________ Intentionally placing someone in apprehension of his or her physical safety.

Assault.

________Intentionally making offensive, unconsented to physical contact with someone.

Battery

Which of the following is the lowest in the hierarchy of sources of law?

Case Law

------------ Resources owned by more than one individual jointly.

Common Property

---------- Idea that courts should understand the meaning of the constitution relative to the times in which we interpret it.

Constitutional relativity

--------- Enables an owner to exchange resources especially future date.

Contract Law

Environmental Law

Controls how owners can use their resources when creating pollution.

__________ Initially depriving someone of goods owned.

Conversion

--------- refers to the legal rules that regulate, structure, and empower the agents of corporations and define their relationship to the owners.

Corporate Governance

___________ Punishes individuals who harm an owners resources in particular ways.

Criminal Law

--- What the court said in a case other than what was necessary to reach the decision that was made.

Dicta

Judges of civil law courts feel obligated to follow precedents to make decisions.

False

Positive law Jurisprudence is similar to the philosophy of natural law in all aspects.

False

Under the rule of law, laws that are made are applicable to different groups in different ways.

False

------------ It prevails over all other sources of law if it is constitutional and includes U.S. Constitution.

Federal Law

The U.S. Constitution and legislation's passed by congress

Federal Law

Punishments imposed by U.S. Constitution on a person who is convicted of a crime-

Fine and Imprisonment

Shareholders-

Have stock in business

Which school of Jurisprudence emphasizes that contemporary laws should focus on legal principles that have withstood the test of time in a nation.

Historical school of Jurisprudence.

When using stare decisis judges in future cases are more likely to follow the ---------- in prior cases.

Holdings

Managers-

In charge of day to day operations

Civil Cases-

Includes suits for breach of contract or tort cases.

Identify a true statement about law

It is a formal social force

Identify a true statement about Jurisprudence

It is the philosophy of law.

-------- Philosophy about that law than law itself

Jurisprudence

They are a form of punishment for violating laws, and they have a preventive function.

Legal Sanctions

__________ May be used against people who have failed to follow the law.

Legal Sanctions

Board of Directors-

Legally run the business

Which school of Jurisprudence asserts that law contains several moral principles?

Natural Law Jurisprudence

--------- Idea that courts should interpret the constitution according to the intentions of those who wrote it.

Originalism

_________ Resources owned by the individual

Private property

The time allowed for one party to sue another and the rules of law governing the process of the lawsuit.

Procedural Law

--------- Allows one to exclude others from something without ones permission and acts as a legal fence that doesn't allow others to interfere with what one does.

Property of Ownership

What concept established the functioning market in modern nation?

Property, rule of law, and law.

----------- Resources owned by the government

Public Property

In the context of enforcing the law through punishments, the taking of an owners resources may be done to?

Punish someone

Under public law, a government official is responsible for?

Representing society and seeking justice to achieve the ends of society.

Under the ___________, laws that are made are equally and generally applicable.

Rule of Law

It arose from the desire for predictability and certainty in the law.

Stare decisis

At the state level, the hierarchy of law sources begins with the state constitution, followed by the ______________ adopted by the state legislature.

Statutes

The rules of law governing the enforcement or creation of a contractual promise.

Substantive Law

------- What was necessary to the decision reached in a case.

The Holding

The role of judges under the common law legal system in the U.S.

They can declare to void the legislation of congress, and determine the meaning of the constitution.

Criminal Cases-

They involve a government representative attempting to prove the wrong committed against society.

_________ A civil wrong other than a breach of contract is known as?

Tort

--------- Compensates owners whose resources are wrongfully harmed by actions or others.

Tort Law

Special areas of property law-

Trademarks, land and goods, and copyrights.

-------- Crossing someone else' s land boundaries without permission.

Trespassing

Knowing a case citation helps a person easily locate prior precedents for a judicial decision.

True

_______________Occurs when a party to an agreement fails to do what he or she agreed to do.

A Breach of Contract