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Business Law for Accountants Exam Solved 100% Correct!!

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Constitutional Law - Law that is based on the US Constitution and the constitutions of the various states. Statutory Law - The body of law enacted by legislative bodies. Ordinances - A law passed by a local governing unit, such as a city of a county. Uniform laws (model statutes) - A model law created by the NCCUSL for states to consider adopting. Administrative Law - Consists of the rules, orders, and decisions of administrative agencies. Administrative Agency -A federal or state government agency created by the legislature to perform a specific function, such as to make and enforce rules pertaining to the environment. Executive Agencies - An administrative agency within the executive branch of government. Case Law - Rules of law announced in court decisions and interprets statutes, regulations, constitutional provisions, and other case law. Common Law - The body of law developed from custom or judicial decisions in English and US courts, not attributable to a legislature. Remedies - The relief given to an innocent party to enforce a right or compensate for the violation of a right. Courts of Equity - A court that decides controversies and administers justice according to the rules, principles, and precedents of equity.Equitable Maxims - General propositions or principles of law that have to do with fairness (equity).

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Business Law For Accountants
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Business Law for Accountants









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Institution
Business Law for Accountants
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Business Law for Accountants

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