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Blaw 310 - Chase Edwards - Legal Environment Of Business Questions

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BLAW 310 - CHASE EDWARDS - LEGAL ENVIRONMENT OF BUSINESS QUESTIONS

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BLAW 310 - CHASE EDWARDS - LEGAL
ENVIRONMENT OF BUSINESS QUESTIONS

What are the four primary sources of law in the United States? - Answers -- Case Law
and Common Law
- Constitutional Law
- Statutory Law
- Administrative Law

Case Law - Answers -- rules and decisions made by the courts
- governs all areas of law not covered by statutory or administrative law

common law - Answers -Laws that originate from court rulings and customs made by
the Early English courts, as opposed to legislative statutes

Statutory Law - Answers -Law passed by the U.S. Congress or state legislatures

Constitutional Law - Answers -law that involves the interpretation and application of the
U.S. Constitution and state constitutions

Administrative Law - Answers -The body of law created by administrative agencies in
order to carry out their duties and responsibilities.

What is the common law tradition? - Answers -precedents set by early english courts

Precedent - Answers -A decision made by a higher court that is binding on all other
federal courts.

When might a court depart from precedent? - Answers -when a precedent is simply
incorrect or that technological or social changes have rendered the precedent
inapplicable

Remedies in Equity - Answers -- Filed by petition
- decision made by a judge
- result of decree
- remedy of injunction, specific performance, or recission

remedies at law - Answers -- Filed by complaint
- decision made by jury or judge
- result of judgement
- monetary damages must be paid

Civil Law - Answers -- deals

, Criminal Law - Answers -

Judicial Review - Answers -

How and when was judicial review established? - Answers -

How can a court hear a case - Answers -it must have jurisdiction

Court Jurisdiction - Answers -the authority given by law to a court to try cases and rule
on legal matters within a particular geographic area and/or over certain types of legal
cases.

who has jurisdiction over internet related grievances? - Answers -- the state that the
company is incorporated, the principal place of business, places goods in stream of
commerce or actively advertises

Trial court - Answers -Court of original jurisdiction where cases begin

apellate court - Answers -a court with the authority to review lower court decisions and
hand down new decisions when appropriate.

discovery - Answers -A method by which the opposing parties obtain information from
each other to prepare for trial

Electronic Discovery (e-discovery) - Answers -Discovery in civil litigation dealing with
the exchange of information in electronic format, often requiring digital forensics
analysis.

3 forms of Alternative Dispute Resolution - Answers -- negotiation
- mediation
- Arbitration

Negotiation (ADR) - Answers -parties attempt to settle the dispute informally, with or
without attorneys

Meditation (ADR) - Answers -a neutral person, a mediator, attempts to guide the
opposing parties towards a voluntary settlement

Arbitration (ADR) - Answers -Neutral third party hears a dispute and makes a decision
both parties have agreed to follow.

What is Business ethics? - Answers -the application of moral standards to business
situations

Why are business ethics important? - Answers -the purpose of a business should be to
help the general public

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