LEGAL ENVIRONMENT OF BUSINESS
EXAMPREP QUESTIONS AND SOLUTIONS
COMPLETE PREPARATION SHEET
●● Private Law
Answer: law that involves suits between private individuals or groups
●● Public Law
Answer: law that involves suits between private individuals or groups
and their government
●● Criminal Law
Answer: the body of laws that involve the rights and responsibilities an
individual has with respect to the public as a whole
●● Civil Law
Answer: The body of laws that govern the rights and responsibilities
either between persons or between persons and their government.
●● U.S. Code
Answer: contains federal statutory law when they are passed by
Congress
,●● Model Laws/ Uniform Laws
Answer: laws created to account for the variability of laws among the
states. These laws serve to standardize the otherwise different interstate
laws.
Can adopt, reject, or take part in the laws
●● NCC - National Conference of Commissioners on Uniform State
Laws
Answer: group of law scholars and lawyers that urges states to enact
model laws to provide greater uniformity of law
●● Case Law/Common Law
Answer: collection of legal interpretations made by judges. they are
considered to be law unless otherwise revoked by a statutory law
●● Precedent
Answer: a tool used by judges to make rulings on cases on the basis of
key similarities to previous cases.
ex: Brown v. B.O.E and Plessy v. Ferguson (separate but equal)
●● Administrative Law
Answer: rules made by administrative agencies that fill in the gaps of
statutory law
, ●● Treaty
Answer: A formal agreement between two or more sovereign states or
international organizations.
Negotiated by executive branch, binding by 2/3 Senate
●● Short
Answer: Executive Orders- define and give example at state and federal
level Answer: directive issued by the President or Governor that fulfills a
constitutional duty
ex:
- federal: emancipation proclamation, President Lincoln freed slaves
from the states
-state: declared state of emergency during COVID-19 pandemic for
continued economic recovery
●● Short
Answer: Identify 5 Georgia Trial Courts and give 2 subject matters that
each handle Answer: 1. Superior Court: domestic issues and felonies
2. Juvenile: truancy and termination of parental rights
3. Magistrate: small claims less than $15,000 and evictions
4. Probate: marriage and gun licenses
5. Business: property over $1 million and corporate claims over
$500,000
EXAMPREP QUESTIONS AND SOLUTIONS
COMPLETE PREPARATION SHEET
●● Private Law
Answer: law that involves suits between private individuals or groups
●● Public Law
Answer: law that involves suits between private individuals or groups
and their government
●● Criminal Law
Answer: the body of laws that involve the rights and responsibilities an
individual has with respect to the public as a whole
●● Civil Law
Answer: The body of laws that govern the rights and responsibilities
either between persons or between persons and their government.
●● U.S. Code
Answer: contains federal statutory law when they are passed by
Congress
,●● Model Laws/ Uniform Laws
Answer: laws created to account for the variability of laws among the
states. These laws serve to standardize the otherwise different interstate
laws.
Can adopt, reject, or take part in the laws
●● NCC - National Conference of Commissioners on Uniform State
Laws
Answer: group of law scholars and lawyers that urges states to enact
model laws to provide greater uniformity of law
●● Case Law/Common Law
Answer: collection of legal interpretations made by judges. they are
considered to be law unless otherwise revoked by a statutory law
●● Precedent
Answer: a tool used by judges to make rulings on cases on the basis of
key similarities to previous cases.
ex: Brown v. B.O.E and Plessy v. Ferguson (separate but equal)
●● Administrative Law
Answer: rules made by administrative agencies that fill in the gaps of
statutory law
, ●● Treaty
Answer: A formal agreement between two or more sovereign states or
international organizations.
Negotiated by executive branch, binding by 2/3 Senate
●● Short
Answer: Executive Orders- define and give example at state and federal
level Answer: directive issued by the President or Governor that fulfills a
constitutional duty
ex:
- federal: emancipation proclamation, President Lincoln freed slaves
from the states
-state: declared state of emergency during COVID-19 pandemic for
continued economic recovery
●● Short
Answer: Identify 5 Georgia Trial Courts and give 2 subject matters that
each handle Answer: 1. Superior Court: domestic issues and felonies
2. Juvenile: truancy and termination of parental rights
3. Magistrate: small claims less than $15,000 and evictions
4. Probate: marriage and gun licenses
5. Business: property over $1 million and corporate claims over
$500,000
