FGCU BUL 3130 Exam 1
Goodyear v. Brown - NC resident killed in bus crash in France; sued Goodyear in NC; USSC ruled
that the tires lacked a connection to NC because the subsidiaries in France did not market or solicit in
that state; merely placing goods into the stream of commerce does not create jurisdiction
civil law - laws designed to compensate parties for losses (ex: money) as a result of another's
conduct
counsel - (attorney)
business owners and managers work with counsel in one of two formats:
1. in-house counsel
2. law firms
jurisprudence - the science or philosophy of law
statutory law - The body of law created by the legislature and approved by the executive branch
of state and federal government
ordinances - written laws at local level, generally regulate issues such as zoning/health & safety
regulations
law - a body of rules of action or conduct prescribed by controlling authority and having binding
legal force
-creates duties, obligations, and rights that reflect accepted views of a given society
plain meaning rule - if words in statute have clear/understood meanings, court will apply it in
accordance with rule
, statutory scheme - the structure of a statute and the format of its mandates
common law - law that is made by the courts, not the legislature
administrative law - source of law that regulates the exercise of authority by government agencies
(AKA agency law)
stare decisis - the principle that similar cases with similar facts and issues should have the same
judicial outcome
precedent - applying the law made in previous cases to current cases with similar facts
secondary sources of law - 1. restatements of the law
2. model state statutes drafted legal experts as a model for state legislatures to adopt
**secondary sources have no independent authority, nor are they legally binding
criminal law - designed to protect society that result in penalties to the violator such as fines or
imprisonment
substantive law - provide individuals with rights and create certain duties
procedural law - provide a structure and set out rules for pursuing substantive rights
equitable remedies - generally include an injunction or restraining order
public law - laws derived from some government entity
Goodyear v. Brown - NC resident killed in bus crash in France; sued Goodyear in NC; USSC ruled
that the tires lacked a connection to NC because the subsidiaries in France did not market or solicit in
that state; merely placing goods into the stream of commerce does not create jurisdiction
civil law - laws designed to compensate parties for losses (ex: money) as a result of another's
conduct
counsel - (attorney)
business owners and managers work with counsel in one of two formats:
1. in-house counsel
2. law firms
jurisprudence - the science or philosophy of law
statutory law - The body of law created by the legislature and approved by the executive branch
of state and federal government
ordinances - written laws at local level, generally regulate issues such as zoning/health & safety
regulations
law - a body of rules of action or conduct prescribed by controlling authority and having binding
legal force
-creates duties, obligations, and rights that reflect accepted views of a given society
plain meaning rule - if words in statute have clear/understood meanings, court will apply it in
accordance with rule
, statutory scheme - the structure of a statute and the format of its mandates
common law - law that is made by the courts, not the legislature
administrative law - source of law that regulates the exercise of authority by government agencies
(AKA agency law)
stare decisis - the principle that similar cases with similar facts and issues should have the same
judicial outcome
precedent - applying the law made in previous cases to current cases with similar facts
secondary sources of law - 1. restatements of the law
2. model state statutes drafted legal experts as a model for state legislatures to adopt
**secondary sources have no independent authority, nor are they legally binding
criminal law - designed to protect society that result in penalties to the violator such as fines or
imprisonment
substantive law - provide individuals with rights and create certain duties
procedural law - provide a structure and set out rules for pursuing substantive rights
equitable remedies - generally include an injunction or restraining order
public law - laws derived from some government entity
