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BUL 5810 FSU UPDATED TEST PAPER SOLVED QUESTIONS FULL SOLUTION PACK

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BUL 5810 FSU UPDATED TEST PAPER SOLVED QUESTIONS FULL SOLUTION PACK

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BUL 5810 FSU
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BUL 5810 FSU

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BUL 5810 FSU UPDATED TEST PAPER
SOLVED QUESTIONS FULL SOLUTION PACK

●● What are the functions of law?
Answer: To maintain stability in the social, political, and economic
system through dispute resolution, protection of property, and the
preservation of the state, while simultaneously permitting ordered
change.


●● What are legal sanctions?
Answer: Means by which the law enforces the decisions of the courts.


●● What is the difference between law and morals?
Answer: They are different but overlapping; Law provides sanctions,
while morals do not.


●● What is the difference between Law and Justice?
Answer: They are separate and distinct concepts; Justice is the fair,
equitable, and impartial treatment of competing interests with due regard
for the common good.


●● What is substantive law?
Answer: Law creating rights and duties.

,●● What is procedural law?
Answer: Rules for enforcing substantive law.


●● What is civil law?
Answer: Law dealing with rights and duties the violation of which
constitutes a wrong against an individual or other legal entity.


●● What is criminal law?
Answer: Law establishing duties which, if violated, constitute a wrong
against the entire community.


●● What are the four sources of law?
Answer: Constitutional law, Judicial law, Legislative law, and
Administrative law.


●● What is Constitutional law?
Answer: Fundamental law of government establishing its powers and
limitations.


●● Into how many parts is Judicial law divided?
Answer: 2 parts: Common law and Equity

,●● What is Common Law?
Answer: The branch of Judicial Law that is developed by the courts ans
serves as precedent for determination of later controversies.


●● What is Equity?
Answer: The branch of Judicial law that is based upon principles distinct
from common law and providing remedies not available at law.


●● Into how many parts is Legislative law divided?
Answer: 2 parts: Treaties and Executive Orders


●● What is a Treaty?
Answer: Agreements between or among independent nations.


●● What is an Executive Order?
Answer: Laws issued by the President or by the Governor of a state.


●● What is Administrative law?
Answer: Body of law created by Administrative agencies to carry out
their regulatory powers and duties.


●● What is the supreme law of the land?
Answer: The U.S. Constitution

, ●● Administrative agencies are powerful because they have 3 powers of
government:
Answer: 1. Power to make rules
2. Power to investigate or enforce
3. Power to decide if you violated rules


●● What is Stare Decisis?
Answer: The legal principle of determining points in litigation according
to precedent.


●● What is ethics?
Answer: Study of what is good or right for human beings.


●● What is Business Ethics?
Answer: Study of what is right and good in a business setting


●● What is Ethical Fundamentalism?
Answer: The ethical theory in which individuals look to a central
authority or set of rules to guide them in ethical decision making.


●● What is Ethical Relativism?

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