LEGL 2700 Exam Study Questions and Answers Graded A 2024
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LEGL 2700
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LEGL 2700
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...
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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