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LEGL 2700 Exam Study Questions and Answers Top Graded 2024-2025

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3 Concepts for a functioning market -Correct Answer Law Rule of law Property Law -Correct Answer the rules of the state backed up by enforcement; most significant of social forces Rule of Law -Correct Answer the general and equal application of laws Property -Correct Answer the right that allows you to exclude others from your resources; a "legal fence" 3 types of ownership fences -Correct Answer Public Private Common Public -Correct Answer applies to public resources ow...

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LEGL 2700 Exam Questions and Answers with Complete Verified Solutions Graded A 2024-2025

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Crime -Correct Answer - a wrong against society Elements of a Crime -Correct Answer a) Mens Rea - mental state of whoever commits crime at the time they commit the crime {guilty mind} b) Actus Resus - in reference to the physical act, must be voluntary and conscience {guilty act} General Intent -Correct Answer - intention to do the act that constitues the crime Specfic Intent -Correct Answer - intention to achieve the harmful result (example: willfully, knowningly) Reckless Conduct ...

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LEGL 2700 Exam Study Questions and Answers 2024-2025

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Major Factors of Economic Strength in a Nation -Correct Answer Poverty, The Dependency Theory, Climate, Education and Technology, Law & The Legal System, Natural Resources, The Private Market The Dependency Theory -Correct Answer The idea that strong nations exploit the labor and resources of weaker nations. It argues that some nations grow and prosper at the expense of others. This leads to weaker nations becoming overly dependent on foreign goods and services, thus perpetuating their weakne...

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LEGL 2700 Exam Questions and Answers 2024

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Which courts have multiple judges and can affirm/reverse the decision of lower courts and remand (redo) the trial with new information -Correct Answer appellate courts What is it called in a case where plaintiffs and defendants are citizens of different states -Correct Answer diversity of citizens How many federal circuit courts are there -Correct Answer 13 Which Supreme Court case formed the basis for the exercise of judicial review in the united states under Article III of the US cons...

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LEGL 2700 Exam Study Questions and Answers Graded A 2024

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jurisprudence -Correct Answer the science or philosophy of law (judges precedent or interpretation) property law -Correct Answer the legal right to exclude others from various resources. also called "ownership" constitutional law -Correct Answer establishes the framework of the state whose purpose is to protect property in its broadest sense criminal law -Correct Answer provides public protection for private resources and punishes those who harm them Tort Law -Correct Answer pr...

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LEGL2700 - Hackleman Final Exam Study Questions and Answers with Complete Solutions 2024-2025

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Law -Correct Answer A formal social force established by the government that must be enforced to actually matter Rule of Law -Correct Answer Laws that are made are generally and equally applicable Property -Correct Answer The right of ownership given to a citizen; a "legal fence" Public -Correct Answer Examples of this type of property are roads, schools, monuments, and parks Private -Correct Answer Examples of this type of property are individually owned cars or houses Comm...

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LEGL 2700 Hackleman Test 1 Questions and Answers with Verified Solutions 2024-2025

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3 concepts for functioning market -Correct Answer Law- most significant and formal rules established by the gov Rule of Law - laws generally and equally applicable to all Property -enables party that owns property to keep other from interfering 3 Types of Property -Correct Answer Public, Private, Common jurisprudence -Correct Answer philosophies that explain the origin of law and its justification ownership -Correct Answer the right to turn to public authorities like the police or th...

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LEGL 2700 Hackleman Exam 3 Study Guide Questions and Answers Graded A 2024-2025

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intellectual property -Correct Answer a product of the intellect, such as an expressed idea or concept, that has commercial value what article protects intellectual property? -Correct Answer article 1 section 8 justification -Correct Answer justifications are variously focused upon the activities of the creator of an intangible asset, its would-be user, and the community in which the creator operates importance -Correct Answer creates incentives by providing exclusivity competition -...

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LEGL2700 Hackleman exam 1 questions and answers 2024 top graded

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business people in the United States must... -Correct Answer be aware of the legal and regulatory landscape and take steps to ensure full compliance with the law to avoid civil and criminal liability law must be... -Correct Answer enforced and adequate rule of law -Correct Answer all laws are generally and equally applicable to everyone; more of an ideal; wealthier nations generally all follow a rule of law Chief Justice Roberts view regarding the rule of law... -Correct Answer if the C...

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