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Business Law: Chapter 1 Vocab Drill

AB
LawsThe enforceable rules of conduct in a society that reflect the culture and circumstances that create them
CodeLaws grouped into an organized form
Common LawLaw based on current standards or customs of the people
Positive LawLaw based on the dictates of a central political authority
JurisdictionPower of a court to decide a case
EquityBasic fairness
ConstitutionDocument that sets forth the framework of a government and its relationship to the people it governs
StatutesLaws enacted by state or federal legislatures
OrdinancesLegislation enacted by a town, city or county board or commission
Case LawMade when appellate court endorses a rule to be used in deciding cases
Stare DecisisDoctrine that requires lower courts to follow existing case law in deciding similar cases; “let the decision stand”
Administrative AgenciesGovernmental bodies formed to carry out particular laws
Civil LawGroup of laws used to provide remedy for wrongs against individuals
Criminal LawGroup of laws that define and set punishment for offenses against society
Procedural LawGroup of laws that define the methods for enforcing legal rights and duties
Substantive LawGroup of laws that define rights and duties
EthicsPractice of deciding what is right or wrong in a reasoned impartial manner
Civil DisobedienceOpen, peaceful violation of a law to protest its alleged, or supposed injustice


Mountain Brook H. S.
Mountain Brook, AL

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