Chapter 1: Law & Morals

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Bus Law

Last updated 8:42 PM on 11/26/25
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16 Terms

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Nature of law

Continuous development of workable set of rules that balance the individual and group rights of society

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Law

Supreme power in a state, commanding what is right, and prohibiting what is wrong

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What is the primary function of law?

Maintain stability in the social, political, and economic system while permitting change. For instance, dispute resolution, protection of property, and preservation of the state.

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Moral vs. Legal

Law and Morals

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Classification of Law

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Defintion of “Right'“

A person has the ability to require themselves or another person(s) to perform, or to refrain from performing a certain act

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Defintion of “Duty”

The obligation the law imposes upon a person to perform.

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Public Law

Law dealing with the relationship between government and individuals

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Private Law

Law governing the relationships among individuals and legal entities

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Civil Law is a part of…

Private law is a part of..

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Criminal law is a part of…

Public law is a part of…

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Substantive law

Law creating rights and duties

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Procedural law

Rules for enforcing substantive law

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Sources of Law

Constitution, Statutes, Administrative regulations, Common Law

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Statutes

Written law, passed by legislatures, defining rights, obligations, and prohibitions

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Common law

Relies on precedents (past experience) from past cases to guide decisions in similar, future cases