Correct!!!
1. Precedent requires judges to decide current cases based on previous rulings
2. Common Law accumulation of precedent, based on case after case
3. US Constitution • supreme law of the land
• establishes national gov.
• creates system of checks and balances between branches of gov.
• guarantees many basic rights to citizens
4. Statutes law created by a legislature
5. Common Law • principle that precedent is binding on later cases is stare decisis "let the decision
stand"
• precedent is only binding on lower courts
6. Administrative • agencies do day-to-day work of legislative and executive branches
Law • power to create laws called regulations
7. Treaties president can enter treaties, must be ratified by a two third's vote of senate
8. Criminal Law • concerns behavior so threatening that society outlaws altogether
• gov. prosecute wrongdoer
• can be fines, prison time or both
9. Civil Law regulates rights and duties between parties
10. Shareholders owners of the company
11. Stakeholders includes employees, customers, and communities and countries in which a com-
pany operates
12. Utilitarian Ethics correct decision making makes happiness, produces greatest net benefit
13. Deontological duty to do right thing no matter what
Ethics
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Correct!!!
14. Rawlsian Justice society is better ott if people have an incentive to work hard
15. Common Law Judge made law
16. Stare Decisis once a covet has decided a particular issue, it will generally apply same rule in
similar cases in future
17. Bystander Cases you have no duty to assist someone in peril unless you created the danger
18. Bills 2 houses - either can originate a proposed statute; bill
19. Committee Work where most heavy lifting is done
20. Statutory Inter- court explains precisely what the language means and how it applies to a given
pretation case
• 3 primary steps
-plain meaning rule
-legislative history and intent
-public policy
21. Congressional if president vetoes a bill, Congress can override the veto if each houses repasses
Override the bill by a 2/3 margin
22. Legislative Rules much like statutes
23. Interpretive do not change the law
Rules
24. Informal Rule- publishes proposed rule; allows public to comment
making
25. Formal Rulemak- required to hold a hearing before issuing rule
ing
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