LENB Test 1 – Study Guide, Practice Questions & Exam Review
business law - correct answer ✔✔the enforceable rules of conduct that govern the actions of
buyers and sellers in market exchanges
law - correct answer ✔✔rules of conduct in any organized society that are enforced by the
governing authority of the community
private law - correct answer ✔✔law that involves suits between private individuals or groups
public law - correct answer ✔✔law that involves suits between private individuals or groups and
their government
civil law - correct answer ✔✔the body of laws that govern the rights and responsibilities either
between persons or between persons and their government
criminal law - correct answer ✔✔the body of laws that involve the rights and responsibilities an
individual has with respect to the public as a whole
constitutional law - correct answer ✔✔the general limits and powers of a government as
interpreted from its written constitution
statute - correct answer ✔✔legislative actions
statutory law - correct answer ✔✔the assortment of rules and regulations put forth by
legislatures
, model laws - correct answer ✔✔laws created to account for the variability of laws among
states. these laws serve to standardize the otherwise different interstate laws. also called
uniform laws
case law - correct answer ✔✔the collection of legal interpretations made by judges. they are
considered to be law unless otherwise revoked by a statutory law. also known as common law
precedent - correct answer ✔✔a tool used by judges to make rulings on cases on the basis of
key similarities to previous cases
administrative law - correct answer ✔✔the collection of rules and decisions made by
administrative agencies to fill in particular details missing from constitutions and statutes
legal realism - correct answer ✔✔a school of jurisprudence that holds that context must be
considered as well as law. context includes factors such as economic conditions and social
conditions
cost-benefit analysis - correct answer ✔✔an economic school of jurisprudence in which all costs
and benefits of a law are given monetary values. laws with the highest ratios of benefits to costs
are then preferable to those with lower ratios
trial court - correct answer ✔✔Court of original jurisdiction where cases begin
appellate court - correct answer ✔✔A court having jurisdiction to review cases and issues that
were originally tried in lower courts.
complaint - correct answer ✔✔A formal written document that begins a civil lawsuit; contains
the plaintiff's list of allegations against the defendant, along with the damages the plaintiff
seeks.
business law - correct answer ✔✔the enforceable rules of conduct that govern the actions of
buyers and sellers in market exchanges
law - correct answer ✔✔rules of conduct in any organized society that are enforced by the
governing authority of the community
private law - correct answer ✔✔law that involves suits between private individuals or groups
public law - correct answer ✔✔law that involves suits between private individuals or groups and
their government
civil law - correct answer ✔✔the body of laws that govern the rights and responsibilities either
between persons or between persons and their government
criminal law - correct answer ✔✔the body of laws that involve the rights and responsibilities an
individual has with respect to the public as a whole
constitutional law - correct answer ✔✔the general limits and powers of a government as
interpreted from its written constitution
statute - correct answer ✔✔legislative actions
statutory law - correct answer ✔✔the assortment of rules and regulations put forth by
legislatures
, model laws - correct answer ✔✔laws created to account for the variability of laws among
states. these laws serve to standardize the otherwise different interstate laws. also called
uniform laws
case law - correct answer ✔✔the collection of legal interpretations made by judges. they are
considered to be law unless otherwise revoked by a statutory law. also known as common law
precedent - correct answer ✔✔a tool used by judges to make rulings on cases on the basis of
key similarities to previous cases
administrative law - correct answer ✔✔the collection of rules and decisions made by
administrative agencies to fill in particular details missing from constitutions and statutes
legal realism - correct answer ✔✔a school of jurisprudence that holds that context must be
considered as well as law. context includes factors such as economic conditions and social
conditions
cost-benefit analysis - correct answer ✔✔an economic school of jurisprudence in which all costs
and benefits of a law are given monetary values. laws with the highest ratios of benefits to costs
are then preferable to those with lower ratios
trial court - correct answer ✔✔Court of original jurisdiction where cases begin
appellate court - correct answer ✔✔A court having jurisdiction to review cases and issues that
were originally tried in lower courts.
complaint - correct answer ✔✔A formal written document that begins a civil lawsuit; contains
the plaintiff's list of allegations against the defendant, along with the damages the plaintiff
seeks.
