CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+
Define "Law" Ans✓✓✓A body of rules of action or conduct prescribed
by controlling authority and having legal binding force.
What are the characteristics of the law? Ans✓✓✓Duties, obligations,
and rights that reflect accepted views of a given society
What is the purpose of criminal law? Ans✓✓✓Protect society; the
violation of criminal laws results in penalties to the violator such as fines
or imprisonment. Examples include homicide or theft.
What is the purpose of civil law? Ans✓✓✓Compensate parties
(including businesses) for losses as a result of another's conduct.
Examples include negligence that causes a personal injury.
What is the purpose for substantive law? Ans✓✓✓Provide individuals
with rights and create certain duties. Example includes a state law that
permits a business or individual to recover losses in a shipping contract.
What is the purpose of procedural law? Ans✓✓✓Set a structure and
rules for pursuing substantive rights. Example includes a state law that
sets out a time period during which an injured party must file a lawsuit
to recover losses.
, What is the purpose for public law? Ans✓✓✓Governs and regulates the
relationship between individuals or entities and the federal, state, and
local government. Examples include federal statutes or state statutes.
What is the purpose for private law? Ans✓✓✓Governs and regulates a
legal relationship between or two or more parties absent a specific public
law. Examples include a contract or services between a vendor and a
business.
What is the authoritative source for legal terms called? Ans✓✓✓Black's
Law Dictionary
What are the four major categories of legal strategies? Ans✓✓✓1.
Noncompliance
2. Avoidance
3. Prevention
4. Value creation / legal competitive advantage
How does constitutional law work in tandem with other sources of law?
(3 main areas) Ans✓✓✓1. Establishing a structure for federal and state
governments
2. Granting specific powers for the different branches of government
3. Providing procedural protections for U.S. citizens from wrongful
government actions.