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BLAW 371 EXAM 1 UNL – RUSSELL STUDY GUIDE 2026

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BLAW 371 EXAM 1 UNL – RUSSELL STUDY GUIDE 2026

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BLAW 371 EXAM 1 UNL – RUSSELL STUDY GUIDE
2026


Common Law - Answers -Law made and applied by judges as they resolve disputes
among private parties

What does common law refer to? - Answers -The body of the law that has developed
from court decisions

Precedent - Answers -Prior decisions being used to determine future cases

Stare Decisis - Answers -"Let the decision stand," or allowing prior rulings to control the
current case

Criminal Law - Answers -Law that states society says you should be punished as its
criminal

Private Law - Answers -Legal relationships among members of society, resolves
disputes, primarily common law

Public Law - Answers -Legal relationships between members of society and the
government, imposes legal constraints, bring about social change

Civil Law - Answers -Legal relationships between members of society, or individuals,
and the government in noncriminal matters, wrongdoer pays money but no jail time,
usually between two people

Procedural Law - Answers -How legal matters are processed through the court or
others systems and how it is to be enforced, the "nuts and bolts"

Substantive Law - Answers -Defines and establishes legal rights and regulates
behavior

Ethics - Answers -The rules or standards governing conduct of members of a
profession

Integrity - Answers -Living by a moral code and standards of ethics

Morality - Answers -Conformity to rules of correct conduct within the context of a
society, religion, or other institutional belief

True or False: Companies who have ethic codes get prosecutes as heavily as
companies who don't - Answers -False

, Compliance Program - Answers -Key factor in the agency's decision whether to
prosecute an organization or to recommend leniency to a court when a legal problem
arises

Law - Answers -No generally accepted definition, may be viewed as a collection of
rules or principles that limit and direct human behavior

Common Within Law Definitions - Answers -Set of rules or conduct for society to follow
with respect to law and how we are to govern ourselves
Measure of enforceability

Four Major Roles of Law - Answers -1. Influencing the behavior of members of the
society
2. Resolving disputes
3. Maintaining Important Social Values
4. Providing a method for assisting social change

Purpose of Laws - Answers -Improving social stability by influencing behavior so we
don't have to rely on ourselves

Conflict Resolution - Answers -A way for two or more parties to find a peaceful solution
to a disagreement among them outside of the courts

Executive Orders - Answers -Formal orders issued by the president to establish or
enforce a legal requirement

Separation of Powers - Answers -The division of power among the legislative,
executive, and judicial branches of government

Difference Between Law and Morality - Answers -Law = requirements are negative
Morality = standards are positive
eg: morality says help the drowning man, the law does not require you to help, simple to
not drown him yourself.

Corporate Social Responsibility - Answers -The belief that businesses have a duty to
society that goes beyond obeying the law and maximizing profits

Peter Drucker's Definition of Business Ethics - Answers -Social responsibility applies to
those in leadership positions

U.S. Constitution - Answers -Fundamental law of the land and establishes the limits
and power of government

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