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LEGL 2700 Exam Study Questions and Answers Graded A 2024

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jurisprudence -Correct Answer the science or philosophy of law (judges precedent or interpretation) property law -Correct Answer the legal right to exclude others from various resources. also called "ownership" constitutional law -Correct Answer establishes the framework of the state whose pu...

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  • November 8, 2024
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  • 2024/2025
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LEGL 2700 Exam



LEGL 2700 Exam Study Questions and
Answers Graded A 2024
jurisprudence -Correct Answer ✔the science or philosophy of law (judges precedent or
interpretation)

property law -Correct Answer ✔the legal right to exclude others from various resources.
also called "ownership"

constitutional law -Correct Answer ✔establishes the framework of the state whose
purpose is to protect property in its broadest sense

criminal law -Correct Answer ✔provides public protection for private resources and
punishes those who harm them

Tort Law -Correct Answer ✔protects and compensates owners through private civil
lawsuits when their resources, including those they have in themselves are wrongfully
harmed by the actions of others

contract law -Correct Answer ✔determines how resources, including labor, are
exchanged between owners

Law of Business Organizations -Correct Answer ✔Identifies how individuals can own
and use resources in groups. Includes corporate governance.

administrative and regulatory law -Correct Answer ✔concerns public laws that protect,
tax, regulate, or redistribute an owner's resources

Common Law -Correct Answer ✔a system of law based on precedent and customs

Civil Law -Correct Answer ✔A legal system based on a written code of laws (individuals
decide not based on precedent of others)

substantive law -Correct Answer ✔the legal relationship of people with other people or
between them and the state

Procedural Law -Correct Answer ✔group of laws that define the methods for enforcing
legal rights and duties

Private Law -Correct Answer ✔regulates disputes between private individuals or groups




LEGL 2700 Exam

, LEGL 2700 Exam


Contract Law -Correct Answer ✔set of laws that specify what constitutes a legally
enforceable agreement

Public Law -Correct Answer ✔law dealing with the relationship between government
and individuals

Constitutional Law -Correct Answer ✔law that involves the interpretation and application
of the U.S. Constitution and state constitutions

Administrative Law -Correct Answer ✔The body of law created by administrative
agencies (in the form of rules, regulations, orders, and decisions) in order to carry out
their duties and responsibilities.

3 concepts for functioning market -Correct Answer ✔law(formal social force, rules
established by govn't backed up by enforcement)

rule of law(laws are generally and equally applied to everyone)

property(right to ownership of resources)

federal law -Correct Answer ✔1)constitution
2)legislation
3)administrative law or regulation

state law -Correct Answer ✔1)state constitution
2)statutes or acts
3)regulatory law of state administrative agencies
4)ordinances

judicial decisions or case law -Correct Answer ✔1)ordinances
2)case law

stare decisis -Correct Answer ✔Let the decision stand; decisions are based on
precedents from previous cases

holding -Correct Answer ✔the specific issue brought to court

dicta -Correct Answer ✔statements made in a judicial opinion that are not essential to
the decision of the case

remedy -Correct Answer ✔the right of an individual to take another person's resources
because that person has failed to meet the requirements of the law

punishment for criminal conduct -Correct Answer ✔crime: public wrong against society



LEGL 2700 Exam

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