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Law - ✔✔consists of enforceable rules governing relationships among
individuals and between individuals and their society
Liability - ✔✔the state of being responsible for something, especially by
law.
Ethics - ✔✔the principles governing what constitutes right or wrong
behavior
Primary sources of law - ✔✔sources that establish the law
What are the 4 primary sources of law in the US? - ✔✔Constitutions,
statutes, regulations, case law
Secondary sources of law - ✔✔book and articles that summarize and
clarify the primary sources of law
What are some examples of secondary sources of law? - ✔✔Information
taken from primary sources, reliable newspapers/articles, the restatement
of law
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, Constitutional Law - ✔✔the law as expressed in state and federal
constitutions
Statutory Law - ✔✔when laws are enacted by legislative bodies at any level
of government
Ordinances - ✔✔regulations passed by municipal or county governing units
to deal with matters not covered by federal or state law
National Conference of Commissioners on Uniform State Laws (NCCUSL)
- ✔✔was formed to help businesspersons who would conduct trade and
commerce amongst the states
UCC (Uniform Commercial Code) - ✔✔facilitates commerce among the
states by providing a uniform, yet flexible, set of rules governing
commercial transactions
Administrative law - ✔✔consists of the rules, orders, and decisions of
administrative agencies
Administrative Agency - ✔✔a federal, state, or local government agency
established to perform a specific function
Executive Agency - ✔✔subject to the authority of the president, who has
the power to appoint and remove their officers
Case Law - ✔✔the doctrines and principles announced in cases
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