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Exam (elaborations)

Business Law Exam Q & A

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Prepare your exam with this comprehensive and easy to follow study guide. this document provides a clear and concise review of the essential concepts from typical introductory business law chapters.

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Social Sciences Law Administrative Law



Business Law Exam 1 (ch. 1,2,3,6,7)
9 studiers in 3 days 4.9 (27 reviews)

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Terms in this set (41)


A body of enforceable rules governing relationships among individuals
law
and between individuals and their society.

1. The U.S. Constitution and the constitutions of the various states.
2. Statutory law—including laws passed by Congress, state legislatures,
or local governing bodies.
Primary sources of law
3. Regulations created by administrative agencies, such as the Food and
Drug Administration.
4. Case law and common law doctrines.

books and articles that summarize and clarify the primary sources of
law.
Examples include legal encyclopedias, treatises, articles in law reviews,
Secondary sources of law
and compilations of law, such as the Restatements of the Law.
Courts often refer to secondary sources of law for guidance in
interpreting and applying the primary sources of law discussed here.

Law that is based on the U.S. Constitution and the constitutions of the
constitutional law various states.
(supreme law of the land)

Each state in the union has its own constitution. Unless it conflicts with
state constitutional law the U.S. Constitution or a federal law, a state constitution is supreme
within the state's borders.

The body of law enacted by legislative bodies (as opposed to
constitutional law, administrative law, or case law).
statutory law
When a legislature passes a statute, that statute ultimately is included in
the federal code of laws or the relevant state code of laws.

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