COM 506 Exam 2 with Questions and Answers

COM 506 Exam 2 with Questions and Answers US Law Order of Precedence ANSWER 1. Constitution 2. Law/Statues 3. Regulation 4. Common Law Layers of Government ANSWER 1. Federal (Congress, Federal Regulators) 2. State (Legislatures, State Regulators) 3. Local (County and City) stare decisis ANSWER The foundation of common, law, the doctrine that judges should rely on precedent when deciding cases in similar factual situations. litigations ANSWER Lawsuits, the act of bringing legal actions in a court Contract ANSWER An agreement between two or more parties that is enforceable in court (employment & production) Tort ANSWER A legal wrong, other than a crime or a violation of a contract, that is committed by one persona against another. Torts include libel, invasion of privacy, and trespass. Relief for a tort is usually sought through monetary damages. Statutory civil wrongs ANSWER Copyright, Trademark, Civil rights (not covered yet)