define procedural law - ️️consist of all laws that outline the methods of enforcing
the rights established by substantive law
what are the 2 aspects of stare decisis - ️️a court should not overturn its own
precedent unless it has a compelling reason not to, decisions made by higher court...
LSB 3213: Exam 1 Okstate
define procedural law - ✔️✔️consist of all laws that outline the methods of enforcing
the rights established by substantive law
what are the 2 aspects of stare decisis - ✔️✔️a court should not overturn its own
precedent unless it has a compelling reason not to, decisions made by higher courts are
binding to lower courts
what is the hierarchy of primary sources of law - ✔️✔️US constitution, federal statutory
law, state constitution, state statutory law, local ordinance, administrative regulations,
common law
areas of law that affect business decision making - ✔️✔️contracts, intellectual property,
product liability, torts, sales, internet law (privacy), environmental law
torts defined - ✔️✔️common law jurisdiction; a civil wrong that causes someone else to
suffer loss
what do secondary sources of law do - ✔️✔️summarize and clarify the primary sources
(restatements)
deceit defined - ✔️✔️a promise made without intent of performing it
what is the fourth branch of government - ✔️✔️administrative law
what does administrative law consist of - ✔️✔️federal agencies and state/local
agencies
knowledge of "black-letter" law and what conduct leads to liability is enough -
✔️✔️false
what law is American law based upon - ✔️✔️English common law
what do the courts of law do? - ✔️✔️they grant limited kinds of remedies
what do the courts of equity do - ✔️✔️they award non-monetary relief
why would anyone use an equity court - ✔️✔️pride and leverage
have equitable maxims lost their relevance in the 21st century - ✔️✔️no
, may a party request both legal and equitable remedies in the same action - ✔️✔️yes
action of law/equity initiation of lawsuit - ✔️✔️filing complaint/ filing a petition
action of law/equity parties - ✔️✔️(plaintiff, defendant)/(petitioner, respondent)
action of law/equity decision - ✔️✔️by judge or jury/ by judge
action of law/equity result - ✔️✔️judgement/decree
action of law/equity remedy - ✔️✔️monetary damages/ injunction, specific
performance, or rescission
what amendment grants the right to a jury trial to actions at law - ✔️✔️7th
what is statutes of limitations - ✔️✔️a legal defense (self explanatory)
what are laches - ✔️✔️you waited an unreasonable amount of time to file a lawsuit
define rescission - ✔️✔️undo or terminate a contract
define stare decisis - ✔️✔️a common law doctrine under which judges must follow
precedents established in prior decision
how do judges make their own decisions - ✔️✔️they apply the law to the facts of the
case
define binding authority - ✔️✔️any source of law a court must follow when deciding a
case
define a controlling precedent - ✔️✔️a binding authority that requires a court to follow
prior court decisions in its jurisdiction
what happens if there is no authority - ✔️✔️it is called a case of first impression
define persuasive authority - ✔️✔️any primary or secondary source of law that a court
may consult for guidance but that is not binding on the court
what sources are considered persuasive - ✔️✔️legal/equitable ones, precedents from
other jurisdictions, unpublished opinions, fairness/social values/customs
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