Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 36 pages
Exam (elaborations)

NCSU MIE 305 Exam 1 Questions and Answers

Document preview thumbnail
Preview 4 out of 36 pages

NCSU MIE 305 Exam 1 Questions and Answers

Content preview

NCSU MIE 305 Exam 1 Questions and Answers
Question 1
equity

Correct Answer
a parallel system of judicial power to matters at/of law (money damages) that uses orders of specific performance to
compel behavior or specific acts (non-money damages)

Equity: a parallel system of judicial power to matters at/of law (money damages) that uses orders of specific performance
to compel behavior or specific acts (non-money damages)



Question 2
stare decisis
Correct Answer
court of law must follow the precedent set by previous cases with similar circumstance



Question 3
res judicata
Correct Answer
once a dispute is litigated and resolved, these parties are barred from litigating the same matter again

Cannot retry




Page 1 of 36

,Question 4
dicta
Correct Answer
statements made by the judge that are not necessary to resolve the case



Question 5
substantive
Correct Answer
laws that regulate and control the rights and duties of person and are used to resolve disputes



Question 6
Procedural Law
Correct Answer
laws that establish the process by which litigation is conducted



Question 7
Public law: 3 categories
Correct Answer
Criminal
constitutional
adminstrative




Page 2 of 36

,Question 8
constitutional law
Correct Answer
concerned with the rights, powers, and duties of federal and state governments under US and State constitution



Question 9
adminstrative law
Correct Answer
concerned with administrative agencies such as the Federal Trade Commission and the national labor relations board,
and their rule making and rule-enforcement powers within the government



Question 10
criminal law
Correct Answer
legally-enforceable rules that forbid certain conduct as being detrimental to the state or people & provides punishment
for violation




Page 3 of 36

, Question 11
private law
Correct Answer
relationships between individuals in organized society, contracts, ports, property

Law of contracts can be divided into subjects of sales, commercial paper, agency, and business



Question 12
law of torts

Correct Answer
: primary source of litigation in the country, defined as a wrong committed by one party against another



Question 13
civil law
Correct Answer
aka code law, deals with behavior that constitutes an injury to an individual or other private property, such as a
corporation




Page 4 of 36

Document information

Uploaded on
February 14, 2026
Number of pages
36
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$15.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
TutorExpert
3.7
(77)
Sold
577
Followers
314
Items
10469
Last sold
1 hour ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions