Chapter 1 Introduction Flashcards
consists of the enforceable rules of conduct that govern commercial relationships
business law
the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties
law
regulates disputes between private individuals or groups (if a store owner is delinquent in paying rent to the landlord, the resulting dispute is governed by ?
private law
controls disputes between private individuals or groups and their government (if a store dumps waste behind its building in violation of local, state, or federal environmental regulations ____ law will resolve the dispute)
public law
lays our the rights and responsibilities implied in relationships between persons and between persons and their government. It also identifies the remedies available when someone’s rights are violated
criminal law
capacity that is designated to be used in part for the Devices, including components or parts thereof, and in part for other purposes
cyberlaw
the general limits and powers of these governments as stated in their written constitutions
constitutional law
a written law passed by a legislative body
statute
the assortment of statutes, or rules and regulations put forth by legislatures
statutory law
a collection of all the laws in one convenient location
the codes
A law created to account for the variability of laws among states; serves to standardize the otherwise different interstate laws.
Model (uniform law)
the collection of legal interpretations made by judges (these are law unless revoked later by new statutory law)
case law
past decisions in similar cases that guide later decisions
precedent
rulings made in higher court become binding precedent for lower courts
stare decisis
summaries of the common law rules in a particular area of the law that have been enacted by most states
restatements of the law