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MIE 305 Exam 1 Questions and Answers 2024 / 2025 (Verified Answers by Expert) $12.99   Añadir al carrito

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MIE 305 Exam 1 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

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MIE 305 Exam 1 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

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  • 3 de agosto de 2024
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MIE 305 Exam 1.pdf file:///C:/Users/HP/Desktop/eewwww/MIE%20305%20Exam%201




MIE 305 Exam 1



1. law

ANS a body of enforceable rules governing relationships among individuals andbetween

individuals and their society

-establish rights, duties, and privileges that are consistent w/ the values & beliefs ofa society or

its ruling group

2. law merchant

ANS rules of commerce/trade used by business people in the middleages

3. substantive vs procedural law

ANS substantive=used to decide disputes. definesrights


procdural=how a lawsuit is begun, how trial is conducted, etc. how rights areprotected.

4. public vs private law

ANS Public Law

* constitutional-rights, powers, duties of state/federal under the constitution

* administrative-FTC, etc (admin. services rule making)

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* criminal-legally enforceable rules



Private Law-Contracts, Torts, Property

5. civil vs criminal law

ANS civil law =branch of law dealing with the definition and enforcement of all private or public

rights, as opposed to criminal matters (contracts,etc.)



criminal law=the branch of law that defines and punishes wrongful actions committedagainst the

public

6. equity

ANS a branch of law founded on what might be described as notions of justices& fair dealing

-seeks to supply a remedy (compensation) when no adequate remedy @ law isavailable

7. stare decisis

ANS the legal principle of determining points in litigation according toprecedent

8. res judicata

ANS a matter that has been adjudicated by a competent court and maynot be pursued further

by the same parties.

9. dicta
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ANS a statement of opinion considered authoritative (although not binding),given the

recognized authoritativeness of the person who pronounced it

10. Vago's purposes and functions of law

ANS 1. social control

2. dispute resolution

3. social change

11. consensus vs conflict perspective

ANS Consensus- law attempts to satisfy thosewith conflicting claims/demands (referee)




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