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FGCU BUL 3130 Exam 1 with complete solutions 2024_2025. $10.49   Add to cart

Exam (elaborations)

FGCU BUL 3130 Exam 1 with complete solutions 2024_2025.

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FGCU BUL 3130 Exam 1 with complete solutions 2024_2025.

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  • September 15, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FGCU
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FGCU BUL 3130 Exam 1 with complete
solutions 2024/2025




law - ANSWER- 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

jurisprudence - ANSWER- the science or philosophy of law

counsel - ANSWER- (attorney)
business owners and managers work with counsel in one of two formats:
1. in-house counsel
2. law firms

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

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

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

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

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

administrative law - ANSWER- source of law that regulates the exercise of
authority by government agencies
(AKA agency law)

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

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

secondary sources of law - ANSWER- 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 - ANSWER- designed to protect society that result in penalties to the
violator such as fines or imprisonment

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

substantive law - ANSWER- provide individuals with rights and create certain
duties

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

equitable remedies - ANSWER- generally include an injunction or restraining
order

public law - ANSWER- laws derived from some government entity

private law - ANSWER- laws recognized as binding between two parties even
though no specific statute or regulation provides for the rights of the parties

Arizona vs. United States case - ANSWER- the federal law overpowered the state
immigration laws of Arizona

U.S. vs Ulbricht case - ANSWER- ruled that Bitcoin is still considered a valid
exchange of currency (one can money launder using Bitcoin)

Flagiello vs. Pennsylvania Hospital - ANSWER- because Flagiello was a paying
patient, the stare decisis overruled her claim of being injured in the hospital

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