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FGCU BUL 3130 EXAM 1 QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE $11.49   Add to cart

Exam (elaborations)

FGCU BUL 3130 EXAM 1 QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE

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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 jurisprudence -:- the science or philosophy of law counsel -:- (attorney) business o...

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  • September 17, 2024
  • 27
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FGCU
  • FGCU
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




FGCU BUL 3130 EXAM 1 QUESTIONS
AND CORRECT ANSWERS | LATEST
UPDATE
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




jurisprudence


✓ -:- the science or philosophy of law




counsel


✓ -:- (attorney)

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


1. in-house counsel


2. law firms




1|P a g e | G r a d e A + | 2 0 2 0 2 5

,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




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




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


2|P a g e | G r a d e A + | 2 0 2 0 2 5

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




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



3|P a g e | G r a d e A + | 2 0 2 0 2 5

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