SCRIPT 2026 SOLVED QUESTIONS AND
FULL SOLUTIONS
⫸ Rule of Law - -laws are made generally and apply to everyone
equally
-necessary for strong and diverse economies
-transparency in business
⫸ Property - ownership-allows you to exclude others without your
permission
⫸ Common Property - resources like land that multiple people own
⫸ Contract Law - enables an owner to exchange resources (bills of sale,
employment agreements)
⫸ Tort Law - compensates owners whose resources are wrongfully
harmed by the actions of others (trespassing, assault, etc)
⫸ Criminal law - punishes those who harm owners property
-about deterrence, not compensation
,⫸ jurisprudence - the philosophy of law
⫸ natural law jurisprudence - universal moral principles, evident in
nature/human reason
⫸ positive law jurisprudence - command of the state backed by force
and punishment
-criminal code
⫸ historical school of jurisprudence - legal principles that have stood
the test of time
⫸ sociological jurisprudence - law should change w society
⫸ legal realism jurisprudence - goes beyond words of law and looks at
law enforcement and how they work
⫸ common law - emphasizes the role of judges in determining law
meaning
⫸ civil law - relies on legislation to determine what the law is
⫸ public law - constitutional law
, administrative law
criminal law`
⫸ private law - property law
contract law
tort law(suing)
⫸ substantive law - legal relationship between people and state
-what you can and cant do
⫸ procedural law - methods and means by which substantive law is
made and administered
- tells you what happens when a law is broken, sanctions
⫸ federal law - constitution > legislation(acts,statutes,codes) >
administrative law(EPA, protect business) > state law
⫸ state laws - below federal law,
-state constitutions
-state statutes
-state administrative regulation
-local ordinances in cities