LEGL 2700 ROESSING TEST 1 EXAM 2024 WITH 100% CORRECT ANSWERS

Law - correct answer made up of rules laid down by state and backed by enforcement -written social force -mean nothing w/o enforcement Rule of Law - correct answer -laws are made generally and apply to everyone equally -necessary for strong and diverse economies -transparency in business Property - correct answer ownership-allows you to exclude others without your permission Common Property - correct answer resources like land that multiple people own Contract Law - correct answer enables an owner to exchange resources (bills of sale, employment agreements) Tort Law - correct answer compensates owners whose resources are wrongfully harmed by the actions of others (trespassing, assault, etc) Criminal law - correct answer punishes those who harm owners property -about deterrence, not compensation jurisprudence - correct answer the philosophy of law natural law jurisprudence - correct answer universal moral principles, evident in nature/human reason positive la