AAMI Business Law Final Test Guide 2024.

AAMI Business Law Final Test Guide 2024. Plaintiff - ANSWER a person who brings or files a lawsuit. Defendant - ANSWER the person against whom the lawsuit if brought. State Decisis - ANSWER the practice or relying on previous decisions in which similar disputes arose. (stand by the decision) Precedent - ANSWER the practice of utilizing or following a prior decision. Case Law - ANSWER published decisions of cases. Such decisions may be used by courts to rely on when considering cases that was previously decided. Statutory Law - ANSWER both Federal and State constitutions are general statements of the powers of government and the rights of the individuals. Statutes - ANSWER are adopted by the Federal Government and State Government. Ordinances - ANSWER are adopted by local governments such as town and counties. Constitutional Powers - ANSWER what are Express Powers and Implied Powers? Express Powers - ANSWER are powers that are specifically stated in the Constitution. Implied Powers - ANSWER are powers that have arisen as a result of interpretation of the express powers by the courts.