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LEGL2700 - Roessing Test 1 (Answered) 218 Questions and Correct Answers, 2025/2026. 100% Verified.

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LEGL2700 - Roessing Test 1 (Answered) 218 Questions and Correct Answers, 2025/2026. 100% Verified. law made up of rules; these rules are laid down by the state and backed up by law enforcement Act Legislation proposed by a legislative body such as the U.S. Congress. When enacted, it has a meaning identical to "law," or "statute." rule of law laws that are made are generally and equally applicable; apply to all or most members of society and they apply to various groups in the same way 4 Principles of the Rule of Law 1. All individuals and private entities are accountable under the law 2. The laws are clear, public, stable and just; are applied evenly; and protect fundamental rights 3. The process by which the laws are enacted, administered and enforced is accessible and fair 4. Justice is delivered in a timely manner by competent, ethical, independent and neutral representatives who serve the public good property something that is owned; ownership ownership

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LEGL2700 - Roessing Test 1
(Answered) 218 Questions and Correct
Answers, 2025/2026. 100% Verified.
law

made up of rules; these rules are laid down by the state and backed up by law enforcement

Act

Legislation proposed by a legislative body such as the U.S. Congress. When enacted, it has a meaning
identical to "law," or "statute."

rule of law

laws that are made are generally and equally applicable; apply to all or most members of society and
they apply to various groups in the same way

4 Principles of the Rule of Law

1. All individuals and private entities are accountable under the law
2. The laws are clear, public, stable and just; are applied evenly; and protect fundamental rights
3. The process by which the laws are enacted, administered and enforced is accessible and fair
4. Justice is delivered in a timely manner by competent, ethical, independent and neutral
representatives who serve the public good

property

something that is owned; ownership

ownership

the right to turn to public authorities to help you keep others from interfering with what you own

public property

applies to resources owned by the government (roads, public buildings, public lands, monuments)

private property

applies to resources owned by an individual

common property

resources owned by more than one individual jointly

jurisprudence

philosophies of law; explains origins of law and justifications

natural law

law contains universal moral principles that are observable in nature and determined through
human reason (John Locke)

,positive law

law is simply the commands of the state backed up by force and punishments; contrary to natural
law

historical school of law

contemporary law should focus on legal principles that have withstood the test of time in a nation;
law reflects the cultural traditions of a people and recognizes that different nations may have
different traditions

sociological jurisprudence

law can and should change to meet new developments in society

legal realism

tries to go beyond the words of law to examine what police, administrators, prosecutors, and judges
are actually doing as they enforce, interpret, and apply laws (speed limits)

Substantive due process

Judicial interpretation of the Fifth and Fourteenth Amendments' due process clauses that protect
citizens from arbitrary or invasive state or federal laws.
"No deprivation of life, liberty, or property without due process"

China: Rule of Law and Property Rights are key

improvements in transparency, market access, property rights, and equal enforcement are growing
the Chinese markets

common law

emphasizes the role of judges in determining the meaning of laws and how they apply (British
colonized countries)

equity

Fairness; "law isn't on my side but Judge, what they did to me is unfair"

unjust enrichment

one knowingly benefiting unfairly at another's expense

Uniform State Laws

Pressure for homogenous laws between states for sales purposes. Statutes drafted by the National
Conference of Commissioners for adoption by the states. Best example is the Uniform Commercial
Code (UCC).

International law

similar concept to uniform state laws in that countries can adopt same laws for efficiency purposes
(law of intl' trade, law of war/treaties, etc.). U.N. (humanitarian) and WTO (trade). Treaty as a code
of law

civil law

, relies more on legislation than judicial decisions to determine what the law is

precedents

prior judicial decisions

public law

includes matters that involve the regulation of society as opposed to individuals interacting

constitutional law

(public) involves the interpretation and application of either the federal or state constitutions

administrative law

(public) covers the legal principles that apply to government agencies, bureaus, boards, or
commissions

corporate governance law

concerns the law protecting the owners from the managers who run their companies

Regulatory law

protects ownership and sets limits on private resource use

antitrust law

prevent monopolization

securities law

regulate the transfer of ownership in certain profit-making scenarios

environmental law

regulates pollution-creating resources

labor laws

protect employee rights

criminal law

(public) specifies various offenses against the proper order of the state

private law

covers legal problems and issues that concern your private resource relationships with other people

property law

(private) involves the recognition of exclusive right in both tangible and intangible resources (land,
goods, copyrights, trademarks, patents, and trade secrets)

contract law

(private) covers the rules of how owners transfer resources by exchanging them; enforceable
promises to exchange resources in the future

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