Introductory Business Law (CLEP) | 347 Questions with 100% correct Answers | Verified

law - 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 - a system of established laws civil law (code law) - a legal system which has a single comprehensive code as the core of its law common law (case law) - judge-made law, whereby judges make decisions on a case-by-case basis, and those decisions generate a body of rules and principles precedent - previous decisions that set an example or guide for future cases stare decisis - the notion that judges must make decisions based on precedent Congress - the legislative branch of the US Supreme Court - the highest federal court in the US judicial review - the doctrine by which a higher court can overturn a decision made by a lower court checks and balances - 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 - the first ten amendments to the US Constitution; meant to protect citizens from government intrusion