BULE 303 Exam 1 questions and
answers graded A+
Stare decisis - correct answer ✔✔"Let the decision stand"; decisions are based on precedents
from previous cases
stautory law - correct answer ✔✔A law written by a legislative body
Case Law - correct answer ✔✔the rules of law announced in court decisions
Common Law - correct answer ✔✔a system of law based on precedent and customs
precedent - correct answer ✔✔an earlier event or action that is regarded as an example or
guide to be considered in subsequent similar circumstances.
aspects of stare decisis - correct answer ✔✔1. Decisions made by a higher court are binding on
lower courts.
2. A court should not overturn its own precedents unless there is a compelling reason to do so.
Pursuasive Authority - correct answer ✔✔any legal authority/source of law that a court may
look to for guidance but need not follow when making its decision
remedy - correct answer ✔✔The relief given to an innocent party to enforce a right or
compensate for the violation of a right.
types of remedies in equity - correct answer ✔✔specific performance, injunction, rescission
, Specific Performance - correct answer ✔✔A legal action to compel a party to carry out the
terms of a contract.
injunction - correct answer ✔✔an authoritative warning or order
Recission and Restitution - correct answer ✔✔returns both parties to pre-contract position
Maxims - correct answer ✔✔a short, pithy statement expressing a general truth or rule of
conduct
Equity Law - correct answer ✔✔Law created by judges to apply general principles of ethics and
fairness, rather than specific legal rules, to determine the proper remedy for legal harm.
Schools of Legal Thought - correct answer ✔✔Natural Law, Positivist, Historical, Legal Realism
Natural Law School of Thought - correct answer ✔✔a higher or universal law exists that applies
to all human beings, and written laws should imitate these inherent principles
Legal Positivism - correct answer ✔✔A school of legal thought centered on the assumption that
there is no law higher than the laws created by a national government. Laws must be obeyed,
even if they are unjust, to prevent anarchy.
Historical Law School - correct answer ✔✔the law is an aggregate of social traditions and
customs that have developed over the centuries
Legal Realism School of Thought - correct answer ✔✔The idea that the law is just one of many
institutions in society and that is is shaped by social context. Takes into account context when
making legal decisions.
answers graded A+
Stare decisis - correct answer ✔✔"Let the decision stand"; decisions are based on precedents
from previous cases
stautory law - correct answer ✔✔A law written by a legislative body
Case Law - correct answer ✔✔the rules of law announced in court decisions
Common Law - correct answer ✔✔a system of law based on precedent and customs
precedent - correct answer ✔✔an earlier event or action that is regarded as an example or
guide to be considered in subsequent similar circumstances.
aspects of stare decisis - correct answer ✔✔1. Decisions made by a higher court are binding on
lower courts.
2. A court should not overturn its own precedents unless there is a compelling reason to do so.
Pursuasive Authority - correct answer ✔✔any legal authority/source of law that a court may
look to for guidance but need not follow when making its decision
remedy - correct answer ✔✔The relief given to an innocent party to enforce a right or
compensate for the violation of a right.
types of remedies in equity - correct answer ✔✔specific performance, injunction, rescission
, Specific Performance - correct answer ✔✔A legal action to compel a party to carry out the
terms of a contract.
injunction - correct answer ✔✔an authoritative warning or order
Recission and Restitution - correct answer ✔✔returns both parties to pre-contract position
Maxims - correct answer ✔✔a short, pithy statement expressing a general truth or rule of
conduct
Equity Law - correct answer ✔✔Law created by judges to apply general principles of ethics and
fairness, rather than specific legal rules, to determine the proper remedy for legal harm.
Schools of Legal Thought - correct answer ✔✔Natural Law, Positivist, Historical, Legal Realism
Natural Law School of Thought - correct answer ✔✔a higher or universal law exists that applies
to all human beings, and written laws should imitate these inherent principles
Legal Positivism - correct answer ✔✔A school of legal thought centered on the assumption that
there is no law higher than the laws created by a national government. Laws must be obeyed,
even if they are unjust, to prevent anarchy.
Historical Law School - correct answer ✔✔the law is an aggregate of social traditions and
customs that have developed over the centuries
Legal Realism School of Thought - correct answer ✔✔The idea that the law is just one of many
institutions in society and that is is shaped by social context. Takes into account context when
making legal decisions.
