WGU C713 Business Law Version 3 | 162 Questions with 100% Correct Answers | Verified | Latest Update | 27 Pages

What purpose does the law serve in our society? - To resolve conflicts in our society without the use of violence. What are the three branches of government? - Executive, Legislative, and Judicial What is Statutory Law? - Law that is created by a legislative body, known as congress, at the federal Level. What is common Law? - Is Judge-Made Law. It is law that comes from previous Judge rulings in similar cases. What is administrative Law? - A branch of law that governs the creation and operation of administrative agencies How are agencies created? - Agencies are created through their own organic statutes, which establish new laws and, doing so, create the respective agencies to interpret, administer, and enforce those new laws.