CRR quiz 1|70 Questions with 100% Correct Answers | Verified | Updated 2024

law - ️️set of rules that a society agrees to abide by what are the goals of law - ️️maintain order, advance behavior (tax incentives), resolve disputes, preserving our values, predictability stability What are the primary sources of law - ️️statutory, common law, uniform laws statutory - ️️role of legislature, executive, and judiciary branches. legislature is made up of congress and HOR who make the law, the president enforces the law, and judges interpret/apply the law. common law - ️️judge made law: law made from court decisions. Example: negligence (no law passed). stare decisis: determining points in litigation according to precedent. What is the interaction between statute and common law - ️️statue trumps common law- legislature is in a better position in making law. Common law can supplement statute law and enhance. uniform laws - ️️are not technically laws, they are suggestions for what laws should be. example= Uniform commercial code (UCC): contract for sales of goods except Louisiana (french) once adopted by a state, changes statutes. model suggests that all indiviudals states should be responsible for making these laws for contract law--> helps with interstate commerce. What are some different schools of legal philosophy - ️️natural law, positivist school, historical school, legal realism natural law: - ️️e.g. international human rights. Universal system of norms swayed by moral arguments: right/wrong.