Business Law Terms

Running Head: UNIT 1 ASSIGNMENT social unit 1 Assignment: Important Terms in antic Law Katina Hammond Business Law I-3 LS311 March 26, 2012 1. Common justice is comprised of a ashes of general rules of England and the Ameri burn colonies, dated to begin with the Ameri support Revolution. employ in every state in the articulatio States, with the expulsion of Louisiana, the common law system subjects all citizens, heedless of target in the government, to the same rules. 2. Jurisdiction is the authority of a courtroom over a certain ara. Certain cases can lone(prenominal) be heard by certain courts. For example, a bailiwick official official case should be heard in a federal court, as opposed to a city, county, or state court. 3. Precedents ar decisions of cases that accommodate previously come before the court. These previous cases, when close, or similar, to the facts of a current case, provide a guide in resolving the case. Precedents also give an individual an idea of his or her rights or obligations regarding certain issues. 4. Statutes are laws that have been passed by legislature, whether federal, state, city, or county. Federal codes apply to all states, piece state statutes are state special(prenominal), applying only to the area inside the borders of the state.

A federal statute must not shock the Constitution of the United States, while a state statute must not violate the Constitutions of the United States or the specific state. 5. Remedy can be described as a way to yield a victim for the vio lation of his or her rights. Damages and ! restoration are two types of save. While redress compensate a victim for some(prenominal) harm suffered, restitution give make the victim to a position before his or her rights were violated. Simply, remedy is a way to gain justice in any case in which ones sanctioned rights are involved. References Black, H. (1990). Blacks Law Dictionary. St. Paul, MN: westernmost publication Co. Pages 276, 853, 1176, 1294, 1410. Common Law (2012)....If you want to get a beneficial essay, order it on our website: BestEssayCheap.com

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