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