Business Law: FINAL EXAM Study Guide GUARANTEED
PASS !!
constitution - (ANSWER)The document that sets forth the framework of a government and its
relationship to the people it governs.
Common law - (ANSWER)based upon the current standards or customs of the people.
positive law - (ANSWER)Law that is dictated from above by a sovereign or other central
authority
business ethics - (ANSWER)Ethical principles used in making business decisions
Guidelines - (ANSWER)Laws made by administrative agencies
stare decisis - (ANSWER)Doctrine that requires lower courts to adhere to existing case law in
making decisions
ordinances - (ANSWER)Legislative actions taken by city or town councils
statutes - (ANSWER)Laws enacted by state or federal legislative bodies
case law - (ANSWER)The type of law made when an appellate court endorses a rule to be used
in deciding court cases
ethics - (ANSWER)A collection of standards of conduct and moral judgment forming the basis
for a reasoned, impartial decision as to what is right and what is wrong
Thomas Jefferson - (ANSWER)author of the Declaration of Independence
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, the preamble to the U.S. Constitution (quote it) - (ANSWER)We, the people, in order to form a
more perfect union, establish justice, insure domestic tranquility, provide for the common
defense, promote the general welfare, and secure the blessings of liberty to ourselves and our
prosperity.....
Bill of Rights - (ANSWER)The first 10 amendments to the constitution
5th amendment - (ANSWER)the right to life, liberty and property
Executive, Judicial, and Legislative - (ANSWER)The three branches of the government
procedural law - (ANSWER)Filing proper motions and completing everything required legally in
the proper order
criminal law - (ANSWER)an offence against society
Standard of proof in a criminal case - (ANSWER)beyond a reasonable doubt
unanimous - (ANSWER)Jury's verdict in a criminal case must be _______________.
civil law - (ANSWER)an offense against an individual
Standard of proof in a civil case - (ANSWER)preponderance of the evidence (more than 50%)
majority - (ANSWER)Jury's verdict in a civil case must be _______________.
population - (ANSWER)House of Representatives membership by state is based on
________________.
statehood - (ANSWER)Senate membership is based on _______________.
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PASS !!
constitution - (ANSWER)The document that sets forth the framework of a government and its
relationship to the people it governs.
Common law - (ANSWER)based upon the current standards or customs of the people.
positive law - (ANSWER)Law that is dictated from above by a sovereign or other central
authority
business ethics - (ANSWER)Ethical principles used in making business decisions
Guidelines - (ANSWER)Laws made by administrative agencies
stare decisis - (ANSWER)Doctrine that requires lower courts to adhere to existing case law in
making decisions
ordinances - (ANSWER)Legislative actions taken by city or town councils
statutes - (ANSWER)Laws enacted by state or federal legislative bodies
case law - (ANSWER)The type of law made when an appellate court endorses a rule to be used
in deciding court cases
ethics - (ANSWER)A collection of standards of conduct and moral judgment forming the basis
for a reasoned, impartial decision as to what is right and what is wrong
Thomas Jefferson - (ANSWER)author of the Declaration of Independence
Page 1 of 6
, the preamble to the U.S. Constitution (quote it) - (ANSWER)We, the people, in order to form a
more perfect union, establish justice, insure domestic tranquility, provide for the common
defense, promote the general welfare, and secure the blessings of liberty to ourselves and our
prosperity.....
Bill of Rights - (ANSWER)The first 10 amendments to the constitution
5th amendment - (ANSWER)the right to life, liberty and property
Executive, Judicial, and Legislative - (ANSWER)The three branches of the government
procedural law - (ANSWER)Filing proper motions and completing everything required legally in
the proper order
criminal law - (ANSWER)an offence against society
Standard of proof in a criminal case - (ANSWER)beyond a reasonable doubt
unanimous - (ANSWER)Jury's verdict in a criminal case must be _______________.
civil law - (ANSWER)an offense against an individual
Standard of proof in a civil case - (ANSWER)preponderance of the evidence (more than 50%)
majority - (ANSWER)Jury's verdict in a civil case must be _______________.
population - (ANSWER)House of Representatives membership by state is based on
________________.
statehood - (ANSWER)Senate membership is based on _______________.
Page 2 of 6
