Business Law- Chapter 4 Flashcards
U.S. Constitution
The fundamental law of the United States of America. it was ratified by the states in 1788
Federalism
The U.S. form of government, in which the federal government and the 50 state governments share powers.
Enumerated Powers
Certain powers delegated to the federal governement by the states.
Legislative Branch
The part of the U.S. government that makes federal laws. It is known as Congress (the Senate and the House of Representatives).
Executive Branch
The part of the U.S. Government that enforces the federal law; it consists of the president and vice president.
Judicial Branch
The part of the U.S. government that interprets the law. It consists of the Supreme Court and other federal courts.
Checks and Balances
A system built into the U.S. Constitution to prevent any one of the tree branches of the governement from becoming too powerful.
Supremacy Clause
A clause of the U.S. Constitution which establishes that the U.S. Constitution and federal treaties, laws, and regulationsare the supreme law of the land.
Preemption Doctrine
The concept that federal law takes precedence over state or local laws.
Commerce Clause
The clause of the U.S. Constitution that grants Congress the power “to regulate commerce with foreign nations, and among the several states, and with Indian tribes.”
Interstate Commerce
Commerce that moves between states or that affects commerce between states.
Public Power
Power that permits states and local governments to enact laws to protect or promote the public health, safety, morals, and general welfare.
Unduly Burden Interstate Commerce
A concept which says that states may enact laws to protect or promote the public health, safety, morals and general welface, as long as the laws do not unduly burden interstate commerce.
Bill of Rights
The first 10 amendments to the Constitution, which were added to the U.S. Constitution in 1791.
Freedom of Speech
The right to engage in oral, written, and symbolic speech protected by the First Amendment.