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BUL 4421 Chapter 1 Exam /Questions and Answers
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BUL 4421 Chapter 1 Exam /Questions and Answers
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BUL 4421 Chapter 1 Exam/Questions and Answers
Administrative Law - -The collection of rules and decisions made by administrative
agencies to fill in particular details missing from constitutions and statutes.
- Business Law - -The enforceable rules of conduct that govern the actions of
buyers and sellers in market exchanges.
- Case Law - -The collection of legal interpretations made by judges. They are
considered to be law unless otherwise revoked by a statutory law. Also known as
common law.
- Civil Law - -The body of laws that govern the rights and responsibilities either
between persons or between persons and their government.
- Common Law - -The collection of legal interpretations made by judges. They are
considered to be law unless otherwise revoked by a statutory law. Also known as
case law.
- Constitutional Law - -The general limits and powers of a government as
interpreted from its written constitution.
- Cost-Benefit Analysis - -An economic school of jurisprudence in which all costs
and benefits of a law are given monetary values. Those laws with the highest ratios
of benefits to costs are then preferable to those with lower ratios.
- Criminal Law - -A classification of law involving the rights and responsibilities an
individual has with respect to the public as a whole.
- CyberLaw - -A classification of law regulating business activities that are
conducted online.
- Identification With The Vulnerable - -The school of jurisprudence of pursuing
change on the grounds that some higher law or body of moral principles connects
all of us in the human community.
- Legal Positivism - -The school of jurisprudence which holds that because society
requires authority, a legal and authoritarian hierarchy should exist. When a law is
made, therefore, obedience is expected because authority created it.
- Legal Realism - -The school of jurisprudence which dictates that context must be
considered as well as law. Context includes factors such as economic conditions and
social conditions.
- Model(Uniform) Laws - -A law created to account for the variability of laws among
states; serves to standardize the otherwise different interstate laws. Also called
model law.
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