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LSB 3213: Exam 1 Okstate Questions With Answers Graded A+ Assured Success €8,23
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LSB 3213: Exam 1 Okstate Questions With Answers Graded A+ Assured Success

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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...

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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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