Business Law Collin College -Business Law (Chapters 1-10) questions n answers

Business Law Collin College -Business Law (Chapters 1-10) questions n answers Civil Law - correct answer An individual brings action against another seeking a monetary or equitable remedy. Criminal Law - correct answer The state or federal government brings action against an individual seeking a remedy of punishment such as a fine or imprisonment. American Sources of Law - correct answer - U.S. Constitution created by our forefathers - Statutory law created by the legislature - Regulations created by administrative agencies - Case law created by judges - Ordinances created by cities The Constitution - correct answer It was created by our forefathers and is considered the supreme law of the land. Legislative Branch - correct answer It creates laws called codes or statutes. Administrative Agencies - correct answer They create laws that are referred to as regulations. Judicial Branch - correct answer It creates law through case law. Cities - correct answer They create laws called ordinances. History of Civil Law - correct answer It was divided into two courthouses: - Court of Law - Court of Equity