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BUL 4421 Definition Questions with Answers

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Administrative Law - The collection of rules and decisions made by administrative agencies to fill in particular details missing from constitutions and statutes. Business Law - The enforceable rules of conduct that govern the actions of buyers and sellers in market exchanges. Case Law - The collection of legal interpretations made by judges. They are considered to be law unless otherwise revoked by a statutory law. Also known as common law. Civil Law - The body of laws that govern the rights and responsibilities either between persons or between persons and their government. Common Law - The collection of legal interpretations made by judges. They are considered to be law unless otherwise revoked by a statutory law. Also known as case law. Constitutional Law - The general limits and powers of a government as interpreted from its written constitution.

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BUL 4421 Definition Questions with Answers

Administrative Law - ✅✅ The collection of rules and decisions made by
administrative agencies to fill in particular details missing from constitutions and
statutes.


Business Law - ✅✅ The enforceable rules of conduct that govern the actions of
buyers and sellers in market exchanges.


Case Law - ✅✅ The collection of legal interpretations made by judges. They are
considered to be law unless otherwise revoked by a statutory law. Also known as
common law.


Civil Law - ✅✅ The body of laws that govern the rights and responsibilities
either between persons or between persons and their government.


Common Law - ✅✅ The collection of legal interpretations made by judges.
They are considered to be law unless otherwise revoked by a statutory law. Also
known as case law.


Constitutional Law - ✅✅ The general limits and powers of a government as
interpreted from its written constitution.


Cost-Benefit Analysis - ✅✅ An economic school of jurisprudence in which all
costs and benefits of a law are given monetary values. Those laws with the highest
ratios of benefits to costs are then preferable to those with lower ratios.

, Criminal Law - ✅✅ A classification of law involving the rights and
responsibilities an individual has with respect to the public as a whole.


Cyber law - ✅✅ A classification of law regulating business activities that are
conducted online.


Identification With The Vulnerable - ✅✅ The school of jurisprudence of
pursuing change on the grounds that some higher law or body of moral principles
connects all of us in the human community.


Legal Positivism - ✅✅ The school of jurisprudence which holds that because
society requires authority, a legal and authoritarian hierarchy should exist. When a
law is made, therefore, obedience is expected because authority created it.


Legal Realism - ✅✅ The school of jurisprudence which dictates that context
must be considered as well as law. Context includes factors such as economic
conditions and social conditions.


Model /Uniform Laws - ✅✅ A law created to account for the variability of laws
among states; serves to standardize the otherwise different interstate laws. Also
called model law.


Natural Law - ✅✅ A school of jurisprudence that recognizes the existence of
higher law, or law that is morally superior to human laws.


Precedent - ✅✅ A tool used by judges to make rulings on cases on the basis of
key similarities to previous cases.

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