Ch. 1 Intro. to Law Flashcards
Uniform Commercial Code (UCC)
a set of uniform laws that all states can follow instead of their own independent & varying state statutes
–prepared under sponsorship of NCCUSL (National Conference of Commissioners on Uniform State Laws) and the ALI
Legislative/ Statutory Law Purpose
to make dramatic, sweeping, & rapid changes in the law
Treaty
an agreement between independent nations
–Must be signed by the President and approved (2/3 vote) by the Senate
Rescission
allowed a party to invalidate a contract under certain circumstances
(in courts of equity)
Executive Orders
the U.S. President (& the governors of most states) has the authority to issue laws
Decree of Specific Performance
commands the defendant seller to perform his part of the contract by transferring title to the land
(in courts of equity)
Injunction
a court order requiring a party to do or not do a specific act
(in courts of equity)
Maxims
general legal principles formulated by equity courts over the years
Equity System
The chancellor of England decided cases on “equity and good conscience” and provided relief where common law judges refused to act or where the remedy at law was inadequate.
• Chancellor could issue a DECREE
—No comply = punishment by fine or imprisonment
Inquisitorial System
The judiciary initiated litigation, investigated pertinent facts, and conducts the presentation of evidence.
Civil Law System
Depends on codes & an inquisitorial
Adversary System
The parties, not the court, must initiate and conduct litigation.
Stare Decisis
Under common law, courts adhere to and rely on rules of law that they (or superior courts) relied on and applied in prior decisions.
–allows for flexibility for common law to change
Judicial Review
U.S. Supreme Court determines constitutionality of ALL laws.
Constitution
the fundamental law of a particular level of government; establishes governmental structure and allocates powers