Legal Chapters 1-4 Flashcards

1
Q

What is the rule of law?

A
  1. Protects society
  2. Laws protect businesses (even ones we don’t necessarily approve of)
  3. laws are made generally equally applicable under rule of law
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2
Q

3 types of ownership fences

A

Public property-government
Private property-individuals and businesses
Common property-jointly owned or shared purchase

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3
Q

Property = ownership

A

Legal right that allows a person to exclude others from his/her resources

In broadest sense-includes ownership of individual, constitutional, and human rights

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4
Q

Exclusionary right of property

A

Provides a basis for the private market and modern business

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5
Q

Law

A

Rules that are established by the state (government) and backed up by enforcement

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6
Q

Judges

A

Vital role maintaining the rule of law

Decidee which law is applicable and who is “right” and “wrong”

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7
Q

All wealthy countries embrace the rule of law

A

Because businesses feel comfortable, can grow, feel safe and protected

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8
Q

Property rights- “intellectual property”

A

Trademarks, patents, and copywrights

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9
Q

Jurisprudence

A

Philosophies that explain origin of law and its justification.
-natural law-“do not steal, kill etc”
-positive law-no modification ex even if a two year old killed=jail
-historical law-keep historical traditions
Sociological-as society chang, law should change-“too many changes”
Legal realism-justice should be applied individually ex- 12 year old diminished mental capacity commits crime vs 12 drug dealer commits a crime

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10
Q

Classification of law

A
  • common law and civil law
  • public and private law
  • civil law and criminal law
  • substantive law and procedural law
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11
Q

Common law

A

Emphasizes the role of judges in determining the meaning of laws

**precedents

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12
Q

Civil law

A

Relies on legislation more than judicial decisions for law

Judges can have a new decision each time

They do refer to settled csases instead of precedents

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13
Q

Public law

A

Includes matters that involved the regulation of society (as opposed to individuals interacting)

  • constitutional law
  • administrative law-congress gives agenecies the power of law
  • criminal law
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14
Q

Private law

A

Covers legal problems and issues that concern private resource relatioinships with other people

  • property law- damgages
  • contract law-business against business
  • tort law-sue an individual
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15
Q

Civil cases

A

Includes suits for breach of contract or tort cases

Involve request for damages or appropriate relief

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16
Q

Criminal cases

A

A government representative attempts to prove the wrong committed against society

Results in punshment

17
Q

Substantive law

A

Defines the legal relationship of people with other people or with the state

18
Q

Procedural law

A

Method and means by which substantive law is made and administered

19
Q

Sources of law

A

Federal law
State law
Judicial decisions or case law

20
Q

Federal law

A

Constitution
Legislation
Administrative law or regulation

21
Q

State law

A

State constitiution
Statutes or acts
Regulatory law of state administrative agencies
Ordinances

22
Q

Judicial decisions or case law

A

Interpret the constitutional, legeslative, and regulatory laws

23
Q

Opinions

A
  • decisions made by judges on legal issues
    • become precedents for future cases involving similar facts and legal issues
    • citation-enables to locate the case in a library or computer database.
24
Q

Stare decisis

A

Judges follow precedents whenever possible

Ensures certainty and predictability in the law