Exam 1 Flashcards
What are the purposes of a system of law?
Order and Stability, resolving disputes, protection of life and property, and defense of individual liberties
What are the different sources of law?
The constitution, legislatures, executive agencies, and the president
Bright line rules
Laws that establish clear boundaries
Statutes
Laws passed by legislatures
Code
A collection of written laws gathered together usually covering specific subject matter
Common law
Law that is derived from judicial decisions
Administrative rulings
Issued by administrative agencies that have been granted decision making power ex. FDA
Precedent
A principle or rule established in a previous legal case that is either binding on or persuasive for a court when deciding subsequent cases with similar issues or facts