Introduction to Legal Concepts and Business Law

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Vocabulary terms and definitions derived from the introduction to business law and civil process lecture notes.

Last updated 7:00 PM on 9/1/26
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13 Terms

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Common Law

A source of law developed on a case-by-case basis through judicial decisions rather than written statutes.

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Michigan Constitution

A state constitution that can provide greater legal protections to citizens than those established by the US Constitution.

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Legislature

The branch of government responsible for creating statutes and authorizing administrative agencies.

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Stare Decisis

A legal principle meaning 'let the decision stand,' which requires courts to follow precedent to maintain consistency in judicial decisions.

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Injunction

A court order that prohibits or prevents a party from engaging in a specific activity, such as violating zoning laws.

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Tribal Court

A court system that resolves civil disputes between tribal members and handles misdemeanor criminal cases occurring on tribal land.

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Criminal Law

A body of law established to prohibit actions harmful to society and prosecute statutory offenses, brought by the state or federal government against an individual or corporation.

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Civil Law

Legal actions dealing with rights, duties, and disputes between private individuals, corporations, or entities seeking financial damages or performance remedies.

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Order of Eviction

A court judgment allowing a landlord to legally remove a tenant from a property after a specified timeframe for failure to pay rent.

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Jurisprudence

The theoretical study and philosophy of law, examining the attitudes and reasons behind why laws are created.

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Plaintiff

The party who files and brings a lawsuit into court against another entity.

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Non-compete Agreement

A clause in an employment agreement restricting an employee from entering into direct competition with their employer.

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Nondisclosure Agreement

A contractual agreement preventing an employee or party from sharing proprietary or confidential information.