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BUS 404 Cal Poly Midterm 1 Exam/157 Questions and Answers
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BUS 404 Cal Poly Midterm 1 Exam/157 Questions and Answers
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BUS 404 Cal Poly Midterm 1Exam/157 Questions and Answers
Functions of Law - -Establish a common set of rules for all to play by.
maintain stability in the social, political, and economic system through
dispute resolution, protection of property
-Classificiation of Law: Right - -Legal capacity to require another person to
perform or refrian from performing an act.
-Classification of Law: Duty - -legal obligation requring a person to perform
or refrain from performing an act
-Substantive Law - -Creating rights and duties
-Procedural Law - -Rules for enforcing substantive law
-Civil Law - -Law dealing with rights and duties the violation of which a
wrong against an indivudal or other legal entity
-Criminal Law - -establishing duties which, if violated, constitue a wrong
against the entire community
-To sue - -to begin a lawsuit in a court
-Defendant - -the person against wom a legal action is brought
-Plaintiff - -the person who initiates a civil suit
-Prosecute - -to bring a criminal proceeding
-Common Law - -the body of law that serves as precdent for determning
later controversies; basis for the principle of stare decsis.
-Decree - -Decision of a court of equity
-specfic performace - -decree ordering a party to perform a contractual duty
-injunction - -decree ordering a party to do or refrain from doing a specfied
act
-reformation - -equitable remedy rewriting a contract to conform with the
oringal intent of the contracting parties
, -Recission - -an equitable remedy invalidating a contract
-Legislative Law - -statutes adopted by legislated bodies; includes treaties
and executive orders
-Admininstrative Law - -Rules, regulations, orders and decisions made by
administrative agencies
-Ethical Fundamentalism (Absolutism) - -Individuals look to a central
authority o set of rules to guide them in ethical decision making
-Ethical Relativism (subjectivism) - -actions must be judged by what
indivudlas subjectively feel is right or wrong for themselves
-Utilitarianism - -Moral actions are those that produce the greatest benefit
-Cost-Benefit Analysis - -quantifies the benefits and costs of alternatives
-Deontology - -Actions must be judged by their motives and means as well
as their results
-Kant's Categorical Imperative - -for an act to be more it must: potentially
be a univeral law that can be applied consistently and respect autonomy and
raionality of all human beings
-Egalitarians - -believe that society should provide all its members with
equal amounts of goods and services regardless of their relative
contributions
-Distributive Justice - -Stresses equality of opportunity rather than results
-Intuitionism - -A rational person possessess inherent power to assess the
corecness of actions
-Good Person - -individuals should seek out and emulate good role models
-Televsion Test - -would we be comfortable if our actions were broadcast on
television
-Cultural Relativism - -good means socially acceptable, majority rule,
everybody is doing it
-Supernaturalism - -defined by relgious basis
-Emotivism - -X is good is an exlamation and means hurrary for X
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