LEGL 2700 Exam Questions With Correct
Answers
Jurisprudence - answerthe science or philosophy of law (judges precedent or interpretation)
property law - answerthe legal right to exclude others from various resources. also called "ownership"
constitutional law - answerestablishes the framework o...
Jurisprudence - answer✔the science or philosophy of law (judges precedent or interpretation)
property law - answer✔the legal right to exclude others from various resources. also called "ownership"
constitutional law - answer✔establishes the framework of the state whose purpose is to protect
property in its broadest sense
criminal law - answer✔provides public protection for private resources and punishes those who harm
them
Tort Law - 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 - answer✔determines how resources, including labor, are exchanged between owners
Law of Business Organizations - answer✔Identifies how individuals can own and use resources in
groups. Includes corporate governance.
administrative and regulatory law - answer✔concerns public laws that protect, tax, regulate, or
redistribute an owner's resources
Common Law - answer✔a system of law based on precedent and customs
Civil Law - answer✔A legal system based on a written code of laws (individuals decide not based on
precedent of others)
substantive law - answer✔the legal relationship of people with other people or between them and the
state
Procedural Law - answer✔group of laws that define the methods for enforcing legal rights and duties
Private Law - answer✔regulates disputes between private individuals or groups
Contract Law - answer✔set of laws that specify what constitutes a legally enforceable agreement
Public Law - answer✔law dealing with the relationship between government and individuals
Constitutional Law - answer✔law that involves the interpretation and application of the U.S.
Constitution and state constitutions
Administrative Law - 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 - 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 - answer✔1)constitution
2)legislation
3)administrative law or regulation
state law - answer✔1)state constitution
2)statutes or acts
3)regulatory law of state administrative agencies
4)ordinances
judicial decisions or case law - answer✔1)ordinances
2)case law
stare decisis - answer✔Let the decision stand; decisions are based on precedents from previous cases
holding - answer✔the specific issue brought to court
dicta - answer✔statements made in a judicial opinion that are not essential to the decision of the case
remedy - 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 - answer✔crime: public wrong against society
sanctions/remedies for breach of contract - answer✔damages, compensatory,
consequential, specific performance
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