LEGL 2700 ROESSING TEST 1 WITH COMPLETE SOLUTIONS |RATED A

Law - Correct ️️ made up of rules laid down by state and backed by enforcement -written social force -mean nothing w/o enforcement Rule of Law - Correct ️️ -laws are made generally and apply to everyone equally -necessary for strong and diverse economies -transparency in business Property - Correct ️️ ownership-allows you to exclude others without your permission Common Property - Correct ️️ resources like land that multiple people own Contract Law - Correct ️️ enables an owner to exchange resources (bills of sale, employment agreements) Tort Law - Correct ️️ compensates owners whose resources are wrongfully harmed by the actions of others (trespassing, assault, etc) Criminal law - Correct ️️ punishes those who harm owners property -about deterrence, not compensation jurisprudence - Correct ️️ the philosophy of law