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Exam (elaborations)

L201 Final BUSL 201 Indiana University-Bloomington | UPDATED Questions with 100% Verified Answers

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L201 Final BUSL 201 Indiana University-Bloomington | UPDATED Questions with 100% Verified Answers

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L201 Final BUSL 201 Indiana University-Bloomington | UPDATED
Questions with 100% Verified Answers

Question:
Constitution

Answer:
establishes government structure, powers, and individual rights


Question:
Statute

Answer:
law enacted by a legislative body to regulate conduct


Question:
Common law

Answer:
judge-made law based on prior court decisions and precedent


Question:
Equity

Answer:
court-applied principles used to prevent unfair results when common law is inadequate


Question:
Injunction

Answer:
court order requiring a party to do or stop doing a specific act


Question:
Specific performance

Answer:
court order requiring a party to perform a contract

,Question:
Reformation

Answer:
court rewriting of a contract to reflect the parties' true intent


Question:
Rescission

Answer:
cancellation of a contract returning parties to their pre-contract position


Question:
Administrative regulation

Answer:
rule created by an administrative agency under delegated authority


Question:
Treaty

Answer:
agreement between the U.S. and foreign nations approved by the Senate


Question:
Ordinance

Answer:
law enacted by a local government to address local issues


Question:
Executive order

Answer:
directive issued by the President or a state governor under limited authority


Question:
Federal supremacy

Answer:

, U.S. Constitution and federal law override conflicting state law


Question:
Criminal law

Answer:
law defining offenses against society and imposing punishment


Question:
Civil law

Answer:
law governing private disputes between individuals or entities


Question:
Substantive law

Answer:
law defining rights and duties


Question:
Procedural law

Answer:
law establishing how rights and duties are enforced


Question:
Public law

Answer:
law governing the relationship between government and individuals


Question:
Private law

Answer:
law regulating relationships between private parties


Question:
Jurisprudence

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