what is law
This is the order or pattern of rules that the govern conducts in society
What is law
The supreme law of the land that sets a “floor, not a ceiling”
What is the constitution
Law that defines right and liabilities
What is substantive law
This branch of philosophy deals with values and human conduct
What is ethics
This theory says we should act in our own self-interest
What is ethical egoism
This is the legal capacity to require another person to preform or refrain from an action
What is a right
Rules created by legislative bodies like congress or state legislatures
What is statutory law
Law that outline the steps for enforced rights and liabilities
What is procedural law
Business ethics balance profits with these two things
What are individual and societal values
Doing the greatest good for the greatest number
What is utilitarian theory
This is an obligation imposed by law to preform or refrain from an act
What is a duty
Rules made by state and federal agencies
What is administrative law
Wrong against society punishable by fines or imprisonment
What is criminal law
The idea that if an cat is legal, then it is moral
What is positive law
Theory stating everyone has rights that must be protected
What is rights theory
Law can also be described as this bundle related to legal protection and obligations
What is a bundle of rights
Law created through court decisions
What is case law
Wrong against an individual usually resulting in monetary damages
What is civil law
This type of law suggests higher moral standards than written law
What is natural law
philosophers rules: never use other for one-sided benefit
What is Kent’s categorical imperative
Can rights and duties exist together
Yes, they co-exist
rules parties agree to in contracts fall under this type of law
What is private law
this body of law provides justice when legal remedies are unfair or inadequate
What is equity
This standard measures how decisions affect various groups
What is stakeholder analysis
Ethical view that standards depend on the situation
What is moral relativism