BLW 342 - Exam I Question and answers correctly solved
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Course
BLW 342
Institution
BLW 342
BLW 342 - Exam I Question and answers correctly solved
Define Law - correct answer the body of rules governing individuals and their relationships
Public vs. Private Law - correct answer Public Law: laws enacted by an authorized governmental body and protects the public
Private Law: dis...
BLW 342 - Exam I Question and answers
correctly solved
Define Law - correct answer ✔the body of rules governing individuals and
their relationships
Public vs. Private Law - correct answer ✔Public Law: laws enacted by an
authorized governmental body and protects the public
Private Law: disputes between two individuals, usually contractual
Define Jurisprudence - correct answer ✔the study of the structure of the
legal system
Ethics vs. Business Ethics - correct answer ✔Ethics: study of what is the
right action
Business Ethics: honesty, fairness, and social responsibility
Criminal vs. Civil Law - correct answer ✔Criminal: wrong against society;
leads to incarceration/fines/parole
Civil: wrong to an individual; leads to compensation
Substantive vs. Procedural Law - correct answer ✔Substantive: give rights
and responsibilities. (the WHAT)
Procedural: provides the means for enforcing substantive rights (the HOW)
Common vs. Statutory Law - correct answer ✔Common: laws developed by
judges in a court system
Statutory: Codified law, legislative process
, What is the Stare Decisis? - correct answer ✔using precedent to decide
current cases
Equity vs. Law - correct answer ✔Equity: the body of law that attempts to do
justice when the law does not provide a remedy, when the remedy is
inadequate, or when the application of the law is unfair
What are the 4 purposes of Law: - correct answer ✔- keeping order
- influencing conduct
- honoring expectations
- promoting equality
Positive law states that those who subscribe to it: - correct answer ✔believe
that the critical part of the law is obedience so we can have an orderly society
What is Natural Law? - correct answer ✔the theory that holds that we have
certain rights that cannot be taken away
The Protection of Individuals and Relationships states that: - correct answer
✔the law is what keeps peace among us, and if we ignore it, people around
us with take control
The Social Contract states that: - correct answer ✔law exists as a result of
those who happen to be in power
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