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B.LAW 2200 FINAL QUESTIONS WITH VERIFIED ANSWERS

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B.LAW 2200 FINAL QUESTIONS WITH VERIFIED ANSWERS

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B.LAW 2200 FINAL QUESTIONS WITH VERIFIED
ANSWERS


A purpose of the law is to serve as a moral guide by indicating ________blank
expectations of citizens and organizations. - Answers - Minimal

Common law is the foundation for all laws in the United States. - Answers - False

Judges who follow the legal realism school of thought are less likely to depart from past
court decisions. - Answers - False

If a store dumps waste behind its building in violation of a federal environmental
regulation, the resulting dispute focuses on: - Answers - Public Law

Personal / Property Jurisdiction - Answers - A court must have jurisdiction over the
person/property.
Means by which a court can establish it has Personal/Property Jurisdiction:
Natural Person (Individual): If found within the boundaries of the court (Defendant)
Legal Person (Business Entity): If "doing business" in the state (Has Maintained
"Sufficient Minimum Contacts") (examples include advertising, maintaining offices,
manufacturing facilities, and warehouses, establishing retail stores and/or sales forces)
Real Property: If located within the boundaries of the court
"Foreign" Natural Person (Individual) or Legal Person (Business Entity):
If subject to the Long-Arm Statute ("Personal Availment")

Subject Matter Jurisdiction - Answers - A court must have jurisdiction over the "subject
matter" (type) of the case.

Original Jurisdiction - Answers - When a court has the power/authority to hear and
decide a case for the first time
The court where the case "originates" (a/k/a "Trial Court" or "Lower Court")
The court that sorts out the evidence (facts)

Appellate Jurisdiction - Answers - The court to which a case is appealed for review,
which is commonly referred to as "appellate review"
The court that ensures that the "lower court" properly applied the law to the facts by
resolving "questions of law," not "questions of fact"

General Jurisdiction - Answers - General Jurisdiction
When a court can hear and decide many different types of cases
In a sense, the "catchall court"

, Limited Jurisdiciton - Answers - When a court can only hear and decide specific types of
cases

Examples: Probate Courts (state) and Bankruptcy Courts (federal)

Exclusive Jurisdiction - Answers - When only one court has the power/authority to hear
and decide a case
Note: In Georgia, only the Superior Courts can hear and decide the following cases:
Felony, Equity, Real Estate, and Divorce.

Requirements for courts to hear/decide a case - Answers - 1- Jurisdiction
2- "proper venue" (location)
3- standing to sue (skin in the game)
4- Justiciable issue (Ripeness and case/controversy)

Judicial Review - Answers -

Jurisdiction - Answers -

Justiciable Issue - Answers -

Sole Proprietorship - Answers - owned by one person
unlimited liablility
easy to start up
profits taxed as income to owner

Partnerships (general) - Answers - owned by two or more people
shared control
unlimited liability
profits are taxed as income to all partners
losses can be treated as a tax deduction
personal liability of themselves and partners

Dissolution (pt 1 of termination of a partnership) - Answers - A change in the
relationship between the partners resulting from one or more of the partners ceasing to
be associated with the business's operations

Winding up (pt.2 of a termination to a partnership) - Answers - Completion of any
unfinished partnership business (collection and inventory of partnership assets,
satisfying partnership debts)

Corporations - Answers - A state-sanctioned business organization that is a separate
legal entity, separate and apart from its
owners, which are known as shareholders.
Double taxation- as a corp and as profit to owners.
easy to raise captial ( selling stocks)

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