Business Law Terms

Running Head: UNIT 1 ASSIGNMENT unit of measurement 1 Assignment: Important Terms in dupery Law Katina Hammond Business Law I-3 LS311 March 26, 2012 1. Common rightfulness is comprised of a ashes of general rules of England and the Ameri burn colonies, dated in the lead the Ameri poop Revolution. employ in every state in the fall in States, with the expulsion of Louisiana, the common law system subjects all citizens, disregarding 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 issue 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 stimulate previously come before the court. These previous cases, when close, or similar, to the facts of a current case, provide a guide in resolvi ng the case. Precedents also give an someone 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 legislative acts apply to all states, firearm state statutes are state specialized, applying only to the area inside the borders of the state.

A federal statute must not bruise 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 violati on of his or her rights. Damages and rest! oration are two types of save. While indemnification compensate a victim for some(prenominal) harm suffered, restitution leave behind 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 profound rights are involved. References Black, H. (1990). Blacks Law Dictionary. St. Paul, MN: westward publication Co. Pages 276, 853, 1176, 1294, 1410. Common Law (2012)....If you want to get a beneficial essay, order it on our website: OrderCustomPaper.com

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