Vocabulary
What is Ethics
A lawsuit between two private parties is an example of
What is Civil Law
A government prosecution for theft is an example of this type of law
What is Criminal Law
This term means the study or philosophy of law.
Jurisprudence
This role of law provides stability and predictability so businesses know how to act.
What is maintaining order?
Enforceable Rules that govern society
What is law
What is Constitutional Law
This classification of law deals with disputes between private individuals or businesses, usually involving money or remedies.
This school of thought believes law is based on universal moral principles.
Natural Law
Laws help businesses settle disagreements through this system.
What is dispute resolution?
Laws created by legislative bodies like Congress or state legislatures are called this.
Statutory law
A lawsuit between two private parties is an example of
Civil Law
A government prosecution for theft is an example of this type of law
Criminal Law
This theory says law’s authority comes from the command of a recognized political authority.
What is legal positivism
This role of law ensures fair treatment by protecting property rights, contracts, and employees.
What is protecting rights?
This branch of law involves fairness and remedies other than monetary damages often used when common law does not provide a solution
This type of law comes from the US Constitution and state constitutions and is considered the "supreme law of the land."
This classification of law deals with disputes between private individuals or businesses usually involving money or remedies
Civil Law
This approach to jurisprudence focuses on how laws actually work in practice, not just in theory.
What is legal realism?
Businesses rely on this function of law to set standards for safe products, ethical practices, and corporate behavior.
What is establishing standards?
5. $500 – By creating incentives and penalties, the law guides businesses to act in ways that benefit both themselves and society.
✅ What is promoting social justice (or shaping behavior)?
These are laws developed by courts over time through decisions in individual cases
What is case law
This type of law is created by government agencies like the IRS or EPA through rules and regulations.
What is administrative law
This classification defines rights and duties, while its counterpart outlines the steps to enforce them
What are substantive law and procedural law
This type of jurisprudence emphasizes that law should reflect society’s customs, traditions, and cultural norms.
What is sociological jurisprudence?
By creating incentives and penalties, the law guides businesses to act in ways that benefit both themselves and society.
What is promoting social justice (or shaping behavior)?