Business law c713 - Study guides, Class notes & Summaries

WGU BUSINESS LAW C713 (SCORED A+) 2024!!

What is the principal source of stare decisis and precedent? A) Constitutional Law B) Administrative Law C) Statutory Law D) Common Law Common Law A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve the dispute. How w...

precedent the tendency to decide current rulings based on previous cases, only binding in lower courts common law judge made law, often created through many precedents judicial power gives the right to interpret laws and determine their validity statutes legislature to become a law laws bill (congress), simple majority in house and senate -> president (veto power) -> 2/3 in house and senate -> statute injunction order to stop doing something ...

What is the principal source of stare decisis and precedent? D) Common Law Common Law A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve the dispute. How would these regulations help this consumer? A) They prohibit u...

Business Law C713 Exam 228 Questions with Verified Answers

Which kind of law is made when an appellate court endorses a rule to be used in deciding court cases? Common Law Which kind of law is based on the customs of a group? Common Law Which kind of law is enacted by state or federal legislatures? Statutory Law Which type of law is used when the Federal Communications Commission publishes a regulation on cigarette advertising on television? Administrative Law A hair stylist and client disagree over whether the stylist pr...

WGU BUSINESS LAW C713 STUDY GUIDE WITH COMPLETE SOLUTION!!

What is the principal source of stare decisis and precedent? A) Constitutional Law B) Administrative Law C) Statutory Law D) Common Law - CORRECT ANSWER Common Law A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve ...

Business Law C713 Exam 228 Questions with Verified Answers..

precedent - the tendency to decide current rulings based on previous cases, only binding in lower courts common law - judge made law, often created through many precedents judicial power - gives the right to interpret laws and determine their validity statutes - legislature to become a law laws - bill (congress), simple majority in house and senate -> president (veto power) -> 2/3 in house and senate -> statute injunction - order to stop doing something true - most government ag...