Business Law Exam #1 Question and answers rated A+ 2023

Business Law Exam #1 Question and answers rated A+ 2023why do legal systems evolve? to encourage and promote stability and order define law a body of enforceable rules which govern relationships among and between individuals and society defin substantive law create rights, duties, and privileges consistent with public policy at the time of enactment examples of substantive law legislative acts and judicial pronouncements define procedural laws allow institutions to control their internal functions examples of public law Constitutional law, Administrative law, and Criminal law define public law involves cases or controversies involving a legislative body as a party or as the administrator of a legal process examples of private law Contracts, Torts, Property define private law the injured party seeks to recover for an injury from the party causing the injury define common law came from England. rules and analytical methods used by judges became law define civil law civil law countries have codified their laws US and State Constitutions the basis of the legal system. they represent supreme law other legislative acts must... be consistent with the Constitution or be rendered void constitutions prevail over statutes statutes prevail over judicial decisions