WGU Business Law C713 | 232 Questions and Answers 2023 Solved Correctly

precedent - the tendency to decide current rulings based on previous cases, only binding in lower courts common law - judge made law, often created through many precedents judicial power - gives the right to interpret laws and determine their validity statutes - legislature to become a law laws - bill (congress), simple majority in house and senate - president (veto power) - 2/3 in house and senate - statute injunction - order to stop doing something true - most government agencies are created by congress regulations - laws created by government agencies treaties - made by the president, ratified by senate by 2/3rds stare decisis - let the decision stand Legal Positivism - Law is what the ruling power says it is. Legal Realism - It does not matter what is written as law, only those who enforce the law and how they enforce it.Natural Law - A body of unchanging moral principles regarded as a basis for all human conduct