Business Law Collin College -Business Law (Chapters 1-20)

Business Law Collin College -Business Law (Chapters 1-20)Morality - correct answer Values that govern a society's attitude toward right and wrong Ethics - correct answer Means for determining what a society's values ought to be Honesty - correct answer Character trait of a person who is open and truthful in dealing with others Justice - correct answer Ability to treat all people fairly Compassion - correct answer Sympathy towards the difficulties of others Integrity - correct answer Willingness to do the right thing regardless of personal consequences Law - correct answer System of rules of conduct established by the government of a society to maintain stability and justice Judge - correct answer Jury - correct answer Constitution - correct answer Document that spells out the principles by which the government operates Common Law - correct answer Decisions of the early law courts developed in England based on customs (Old Law) Precedent - correct answer A judge is required to follow an earlier court decision when deciding a case with similar circumstances. *Stare Decisis* (Let the decision stand)