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BUS 404 Eppright Quiz 1 $8.49   Add to cart

Exam (elaborations)

BUS 404 Eppright Quiz 1

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BUS 404 Eppright Quiz 1

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  • October 15, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUS 404 Eppright
  • BUS 404 Eppright
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Nursephil2023
BUS 404 Eppright Quiz 1
four fundamental options - -- Let the market regulate behavior?
- Let the individual make his/her own ethical - decisions?
- Let the law dictate behavior?
- Some combination of the above?

-primary sources of American Law: Constitution - -- state and federal
constitutions
- highest law of the land (in states, the state constitutions, in US, the US
constitution)
- sets the structure of governments
- provides protection of basic freedoms

-primary sources of American Law: statutes - -- state and federal codes
- adopted by legislature (US congress, or in states, state assembly and
senate)
- codes/ordinances
- cannot conflict with federal law/constitutions

-primary sources of American Law: regulations - -health and safety etc.
- adopted by administrative agencies
- expertise in a particular field
- provide the details to implement the law set forth in the statutes passed by
the legislature

-primary sources of American Law: Cases - -judicial decisions or common
law

-cases: common law - --Created by judges
-Follow prior decisions (stare decisis)
-Stability and predictability in the law
-Can also evolve

-cases: case law - --Trial court decisions are not published, not precedential
-Appellate court opinions are usually published
-Found in reporters
-Use citations (case name, volume #, reporter name, page number)

-courts of law - -Courts of Law = Courts that can award compensation:
money, land or personal property (originally "King's Courts")

-courts of equity - -Courts that can award remedies other than
compensation: injunctions, specific performance (originally "Chancery
Courts")

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