business law Collin College -Introductory Business Law (CLEP) with answers graded A+

business law Collin College -Introductory Business Law (CLEP) with answers graded A+law - correct answer a representation of a set of rules or principles established by government or other controlling body that members of society must follow and obey legal system - correct answer a system of established laws civil law (code law) - correct answer a legal system which has a single comprehensive code as the core of its law common law (case law) - correct answer judge-made law, whereby judges make decisions on a case-by-case basis, and those decisions generate a body of rules and principles precedent - correct answer previous decisions that set an example or guide for future cases stare decisis - correct answer the notion that judges must make decisions based on precedent Congress - correct answer the legislative branch of the US Supreme Court - correct answer the highest federal court in the US judicial review - correct answer the doctrine by which a higher court can overturn a decision made by a lower court checks and balances - correct answer the system whereby each branch of the US government has specific power and authority so that they balance (or check) the power exercised by other branches Bill of Rights - correct answer the first ten amendments to the US Constitution; meant to protect citizens from government intrusion