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Business Law Ch 1
Business Law Chapter 1, Page 20
Term | Definition |
---|---|
Administrative Agency | Governmental body formed to carry out particular laws. |
Case Law | Made when an appellate court endorsed a rule to be used in deciding court cases. |
Civil Disobedience | Open, peaceful violation of a law to protest its alleged injustice. |
Civil Law | Group of laws used to provide remedy for wrongs against individuals. |
Code | Laws grouped into an organized form. |
Common Law | Law based on current standards or customs of the people. |
Constitution | Document that sets forth the framework of the government and its relationship to the people it governs. |
Criminal Law | Groups of laws that defines and sets punishments for offenses against society. |
Equity | Basic fairness. |
Ethics | Deciding what is right or wrong action in a reasoned, impartial manner. |
Jurisdiction | Power of court to decide a case. |
Laws | Enforceable rules of conduct in a society. |
Ordinance | Legislation enacted by a town, city, or country board or commission. |
Positive Law | Law based on the dictates of a central political authority. |
Procedural Law | Group of laws that define the methods for enforcing legal rights and duties. |
Stare Decisis | Doctrine that requires lower courts to following existing case law in deciding similar cases. |
Statute | Law enacted by state or federal legislatures. |
Substantive Law | Group of laws that define rights and duties. |