EXAM EXTRA ACC 473 Flashcards
___________ in a court, when they are evaluating a case if there has been another case with similar facts. The law applies to the case being evaluated, and the _____ fits.
Precedents; precedent
__________ sometimes there is no law and the case needs to be evaluated.
Cases of first impression
The basis of law is ____.
ethics
If a president issues an _____, the next president cant nullify the orders.
EO
Once the _____ is passed as a constitutionalized ammendment it cannot be taken away.
EO
_____________- created by legislative bodies (congress and state legislature.
STATUTORY LAW
_____ created by counties.
ORDINANCE
_____ made by judges.
common law
______ make law in the form of statues.
federal governments
_____ create rights and duties. EX; contracts, tortes, prperty law.
substantive law
_______ ex: there is a car accident and you need to get jurisdiction, lawyer, and court.
procedural law
______ offenses against the state. The state prosecutes it not the victim. There mst be good circumstances and evidence.
CRIMINAL LAW
________ all law thats not criminal law. Sueing for loses. Seeking a remedy. Business law with a preponderance of evidence can involve GOVT.(IRS)
civil law
TT=
plantiff
TRIANGLE=
defendent
If damages are greater than 75k, ___________ is a possibility.
federal court
________ -negotiation, mediation, or arbitration
ADR
_____ is important in international business.
adr
To make a lawsuit successful you have to have an actual ______.
case
Potential deep pocket cases that will make a ton of money, the lawyers wont ask or make you ______
pay an hourly fee
First step in filling a complaint is _______________
Facts of the case (from the prespective plantiff)
The second step in filling a coplaint is __________.
cause of action
The third step in filing a complaint is ________
prayer fro damages - how much money you want (praying for money)