Laws and their ethical foundation

Buisness laws

Define law

Enforcable rules of conduct

What are the stages in growth of law

Theres a personal revenge, A powerful leader, the leader or authority that gives power to a system of courts and then there’s also a leader or central authority that acts to prevent and punish

What levels of government are laws created ?

Federal, state, and local

What is a code in law

Laws and ethical codes

What is a common law and how is it formed

The based standards or customs of the people, formed by rules of judge

What is a percedent

The courts use prior cases as a guide for declining similar new cases

What is the purpose of equity courts and why are they important in the legal system

Created to handle cases to common law could not. it helps anything that’s common law that wasn’t addressed.

what is Jurisdiction?

The power to decide a case Jury

What is a jury

People that are chosen from each region help interpt that regions customs for the court

what are the sources of law ?

Allocation of power between people and their governments

Allocation of power between federal and state governments

Allocation of power among branches of governments

What is considered the supreme law of the land?

The U.S consitution. Where that would establish the federal government.

What is an injuction

A court order compelling a company or individual to do or stop doing a specific action.

What is a statute

Laws enactedD by legislatures

Define ordinance

Legislation enacted at the local level

What is buisness law

Covers rules that apply to buisness situations and transactions

What is case law? when is it usually made

Made after trial has ended. One of the parties has appealed to the result to a higher court.

Explain what is meant by doctrine of stare decisis

It lets the decision stand.

What is the difference between substantive law and procedural law?

Procedural law deals with methods of enforcing legal rights and duties while substantive law deals with laws that define rights and duties of conduct except those involved in enforcment.

Explain administrative agencies

Government bodies created by federal,state,, and local legislatures to carry out particular laws

What Is civil law

addresses wrongs done to individuals

what is common law?

Laws based on standards or custom people.

What is positive law

The laws are handed down by the central authority

What is criminal law

Addresses wrongs done to society

What is the UCC and what type of issues does it cover

Its a widely adopted uniform buisness law, covers govern sales of goods,certain aspects of banking, and lease goods.

Define ethics

A practice of deciding what is right or wrong in a reasoned,impartial manner

What is the consequences-based ethical reasoning (3 parts)

First looks at alternative ways to alter the current situation

second attempts to forecast the consequences that will arise from each alternative

3rd evaultes those possible consequences to select alternative that will generate the greatest good.

What is civil disobedience

An open peacful violation of law to protest its alleged or suppose injustice

What does rule-based ethical reasoning judge alternatives on (2 things)