Understanding Business & Personal Law – Chapter 1
Values that govern a society’s attitude toward right and wrong
Something with attempts to develop the means for determining what those values should be.
Rules of conduct established by the government of a society to maintain stability and justice in that society.
Document which spells out the principles by which that country’s government operates.
Decisions of early law courts developed in England, based on customs. They are characterized by the practice of deciding cases on precedent.
When a judge is required to follow an earlier court decision when deciding a case with similar circumstances.
Law specifically passed by a governing body created for that purpose.
Body of lawmakers, which has the job of creating or passing statutory law.
Action or law that is not longer valid.
Those rules and procedures established by regulatory agencies.