BLAW 3391 TTU Exam 1 Questions With Verified Answers

BLAW 3391 TTU Exam 1 Questions With Verified Answers Laws - answerrules governing relationships among individuals and between individuals and their society. Priorities of Law? (Highest to lowest) - answerFederal Constitution Federal Statutes State Constitution State Statutes Local Ordinances Conflict Order of precedence Agencies - answercreated by legislatures and make their own rules which have the legal force of statutory law. (ex: IRS) Common Law - answer- The earliest version of law - Laws adopted when US was a part of Britain - Applies principles and precedents through different but was never record Precedent - answerWhen courts follow and apply principles from previous cases to current court cases Criminal Law - answerrules governing relationships between individuals and society Civil Law - answerrules governing relationships between two individuals stare decisis - answer"to stand on decided cases"; practice of deciding new cases with reference to precedent from previous cases Remedy - answerThe relief given to an innocent party to enforce a right or compensate for the violation of a right (usually involving money) Equitable Remedies - answer-injunction, specific performance, and contract recession. -when damages cannot be covered with monetary remedies. in personam jurisdiction - answerJurisdiction when a person/business is in their geographical area in rem jurisdiction - answerJurisdiction when property is in their geographical area long arm statute - answerJurisdiction used for non residents/parties are based on minimum contracts with a state Diversity of Citizenship Jurisdiction - answerfederal court jurisdiction over a lawsuit between citizens of different states (or eve