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Exam (elaborations)

Bus 404 Midterm 1 Updated Actual Questions And Correct Answers

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BUS 404 MIDTERM 1 UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

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BUS 404 MIDTERM 1 UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS

Question:
1. Right

Answer:
legal capacity to require someone to perform or refrain from performing an act

Question:
2. Duty

Answer:
the legal obligation requiring a person to perform or refrain from performing an
action

Question:
3. Substantive Law

Answer:
law creating rights and duties

Question:
4. Procedural Law

Answer:
rules for enforcing substantive law

Question:
5. Civil Law

Answer:
law dealing with rights and duties the violation of which constitutes a wrong
against an individual or other legal entity

Question:
6. Criminal Law

Answer:
law establishing duties, which if violated constitute a wrong against an entire
community

Question:
7. Must prove beyond a preponderance of the evidence

Answer:
civil cases

, Question:
8. Must prove beyond a reasonable doubt

Answer:
criminal law

Question:
9. substantive law is broken into...

Answer:
public and private law

Question:
10. Common law

Answer:
the body of law that serves as precedent for determining later controversies, stare
decisis

Question:
11. Decree

Answer:
decision of a court of equity

Question:
12. Injunction

Answer:
decree ordering a party to perform or refrain from doing a specified act

Question:
13. Reformation

Answer:
equitable remedy rewriting a contract to conform with the original intent of the
contracting parties

Question:
14. Recision

Answer:
an equitable remedy invalidating a contract

Question:
15. Legislative Law

Answer:
statutes adopted by legislative bodies including treaties and executive orders

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