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FGCU BUL 3130 Exam 1 Updated 2024/2025 Verified 100%
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Goodyear v. Brown - NC resident killed in bus crash in France; sued Goodyear in NC; USSC ruled that the tires lacked a connection to NC because the subsidiaries in France did not market or solicit in that state; merely placing goods into the stream of commerce does not create jurisdiction civil ...

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  • September 15, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
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  • FGCU BUL 3130

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FGCU BUL 3130 Exam 1
Goodyear v. Brown - NC resident killed in bus crash in France; sued Goodyear in NC; USSC ruled
that the tires lacked a connection to NC because the subsidiaries in France did not market or solicit in
that state; merely placing goods into the stream of commerce does not create jurisdiction



civil law - laws designed to compensate parties for losses (ex: money) as a result of another's
conduct



counsel - (attorney)

business owners and managers work with counsel in one of two formats:

1. in-house counsel

2. law firms



jurisprudence - the science or philosophy of law




statutory law - The body of law created by the legislature and approved by the executive branch
of state and federal government



ordinances - written laws at local level, generally regulate issues such as zoning/health & safety
regulations



law - a body of rules of action or conduct prescribed by controlling authority and having binding
legal force

-creates duties, obligations, and rights that reflect accepted views of a given society



plain meaning rule - if words in statute have clear/understood meanings, court will apply it in
accordance with rule

, statutory scheme - the structure of a statute and the format of its mandates



common law - law that is made by the courts, not the legislature



administrative law - source of law that regulates the exercise of authority by government agencies

(AKA agency law)



stare decisis - the principle that similar cases with similar facts and issues should have the same
judicial outcome



precedent - applying the law made in previous cases to current cases with similar facts



secondary sources of law - 1. restatements of the law

2. model state statutes drafted legal experts as a model for state legislatures to adopt



**secondary sources have no independent authority, nor are they legally binding



criminal law - designed to protect society that result in penalties to the violator such as fines or
imprisonment



substantive law - provide individuals with rights and create certain duties



procedural law - provide a structure and set out rules for pursuing substantive rights



equitable remedies - generally include an injunction or restraining order



public law - laws derived from some government entity

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