Code of written laws that apply to all legal matters (louisana is only state which practices
civil law)
Applies to acts that society deems so harmful to the public welfare that government is
responsible for prosecuting and punishing the perpetrators.
Third party will listen to evidence and arguments of both parties and will render a decision
and award to the winning party.
-Submission: the act of referring a dispute to an arbitrator
-Award: the arbritrator will award the chosen party with X and do not need to disclose why
they made that decision
Defines and creates legal rights and obligations
Term 2 of 57
Equitable Maxims
defines and creates legal rights and obligations
general legal principles to guide decision making
: parties will meet informally and try to find a solution
rules of evidence and legal/court processes
,Term 3 of 57
Stare Decisis
Courts will follow previous decisions in similar cases to create certainty/equality in the law
and make decisions easier
: Parties will meet informally and try to find a solution
Criminal, Beyond a reasonable doubt
Civil, Preponderance of the Evidence: 50% + 1
Civil, Clear and convincing proof, in btw BRD and POE
Courts that can only hear specific cases
Definition 4 of 57
buying or selling stock because of information not available to the public disclosed by a breach
in duty
Money laundering
Insider trading
Embezzlement
Trade secret
Term 5 of 57
Negotiations
strike on jury for no reason, but not on race/gender basis (FL-3)
Award and findings will not be changed unless fraud/bias/corruption is found from the
arbitrator. Even when arbitrator makes a mistake award stands
decrees/injuctions that provide relief when money isnt enough
: Parties will meet informally and try to find a solution
, Term 6 of 57
Penalties for foreign Corruption
fines of up to 3 million dollars for firms and individual fines of up to $100,000 and 5 years in
jail
fines of up to 2 million dollars for firms and individual fines of up to $100,000 and 5 years in
jail
fines of up to 2 million dollars for firms and individual fines of up to $100,000 and 0 years in
jail
fines of up to 2 million dollars for firms and individual fines of up to $100,000 and 105 years
in jail
Definition 7 of 57
an order sent from the US Supreme Court to a lower court for the court to send its record of a
case to be reviewed
Amicus Curiae
Appeals
Federal Courts
Writ Certiorari
Term 8 of 57
Federal Court System
Whenever there is a federal question involved, anything involving the us constitution,
federal law, or us gov. also diversity and 75k+
general legal principles to guide decision making
Corporations are considered citizens or both the state they are incorporated and the state
where they do most of their business
US Supreme Court >US Court of Appeal > US District Court (or Federal
Agencies/Specialized US Courts)
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