100% correct 2026
business law - correct answer ✔the enforceable rules of conduct that govern the actions of buyers
and sellers in market exchanges
law - correct answer ✔rules of conduct in any organized society that are enforced by the governing
authority of the community
private law - correct answer ✔law that involves suits between private individuals or groups
public law - correct answer ✔law that involves suits between private individuals or groups and their
government
civil law - correct answer ✔the body of laws that govern the rights and responsibilities either between
persons or between persons and their government
criminal law - correct answer ✔the body of laws that involve the rights and responsibilities an
individual has with respect to the public as a whole
constitutional law - correct answer ✔the general limits and powers of a government as interpreted
from its written constitution
statute - correct answer ✔legislative actions
statutory law - correct answer ✔the assortment of rules and regulations put forth by legislatures
, model laws - correct answer ✔laws created to account for the variability of laws among states. these
laws serve to standardize the otherwise different interstate laws. also called uniform laws
case law - correct answer ✔the collection of legal interpretations made by judges. they are considered
to be law unless otherwise revoked by a statutory law. also known as common law
precedent - correct answer ✔a tool used by judges to make rulings on cases on the basis of key
similarities to previous cases
administrative law - correct answer ✔the collection of rules and decisions made by administrative
agencies to fill in particular details missing from constitutions and statutes
legal realism - correct answer ✔a school of jurisprudence that holds that context must be considered
as well as law. context includes factors such as economic conditions and social conditions
cost-benefit analysis - correct answer ✔an economic school of jurisprudence in which all costs and
benefits of a law are given monetary values. laws with the highest ratios of benefits to costs are then
preferable to those with lower ratios
trial court - correct answer ✔Court of original jurisdiction where cases begin
appellate court - correct answer ✔A court having jurisdiction to review cases and issues that were
originally tried in lower courts.
complaint - correct answer ✔A formal written document that begins a civil lawsuit; contains the
plaintiff's list of allegations against the defendant, along with the damages the plaintiff seeks.
summons - correct answer ✔a notice directing someone to appear in court to answer a complaint or a
charge