Essay Legal Environment of Business

619 Words Sep 30th, 2012 3 Pages
• Administrative law: the body of law created by administrative agencies in order to carry out their duties and responsibilities.
• Binding Authority: any source of law that a court must follow when deciding a case.
• Breach: the failure to perform a legal obligation.
• Case Law: the rules of law announced in court decisions.
• Citation: a reference to a publication in which a legal authority can be found.
• Civil Law: the branch of law dealing with the definition and enforcement of all private or public rights, as opposed to criminal matters.
• Civil Law System: a system of law derived from that of the Roman Empire and based on a code rather than case law.
• Common Law: the body of law developed from custom or judicial decisions in
…show more content…
• National Law: laws that pertains to a particular nation.
• Natural Law: the belief that government and the legal system should reflect universal moral and ethical principles that are inherent in human nature.
• Ordinance: a regulation enacted by a city or county legislative body that becomes part of that state’s statutory law.
• Persuasive Authority: any legal authority or source of law that a court may look to for guidance but on which it need not rely in making its decision.
• Plaintiff: one who indicates a lawsuit.
• Precedent: a court decision that furnishes an example or authority for deciding subsequent cases involving identical or similar facts.
• Primary Source of Law: a document that establishes the law on a particular issue, such as a constitution, a statute, an administrative rule, or a court decision.
• Procedural Law: law that establishes the methods of enforcing the rights established by substantive law.
• Remedy: the relief given to an innocent party to enforce a right or compensate for the violation of a right.
• Secondary Source of Law: a publication that summarizes or interprets the law.
• Sociological School: a school of legal thought that views the law as a tool for promoting justice in society.
• Stare Decisis: a common law doctrine under

Related Documents