BUSINESS LAW
Gonzaga Business Law Exam 1 (2025)
comprehensive questions and verified
answers
Federal System - The system of gov't in which a central gov't is given power to
administer to national concerns while individual states retain the power to administer to
local concerns
Constitution - Body of principles that establish the structure of a gov't and the
relationship of the gov't to the people
Tripartite - Three-part division (of gov't)
Delegated Powers - Powers expressly granted to the national government by the
Constitution
Shared Powers - Powers that are held by both state and national governments
Police Power - the power to govern; the power to adopt laws for the protection of the
public health, welfare, safety, and morals
4 Jurisprudential Schools - Historical, Realist, Positivist, Natural Law
Historical School of Law - Laws are a reflection of the shared history of a culture/ society
Realist School of Law - Public status affects the way people are treated in the legal
system
Business Law
, BUSINESS LAW
Positivist School of Law - The law is whatever the government says you can or can't do
Natural Law - Certain rights or values are inherent of human nature
4 Principles of Law (Aquinas) - Must be reasonable
Must be publicly disclosed
Must come from a position of power/ authority
Must be for the common good and no for individual interest
Types of Law (Aquinas) - Eternal
Divine
Natural
Human
Eternal Law (Aquinas) - God's providential ordering of nature to its ends, inclusive of
human nature
Divine Law (Aquinas) - More explicit law from God, represented in New and Old
Testament (10 Commandments)
Natural Law (Aquinas) - Use of human reason to know right from wrong, morals, part of
nature as human
Human Law (Aquinas) - Laws enacted by human political entities. Can never go against
Natural Law
Business Law
Gonzaga Business Law Exam 1 (2025)
comprehensive questions and verified
answers
Federal System - The system of gov't in which a central gov't is given power to
administer to national concerns while individual states retain the power to administer to
local concerns
Constitution - Body of principles that establish the structure of a gov't and the
relationship of the gov't to the people
Tripartite - Three-part division (of gov't)
Delegated Powers - Powers expressly granted to the national government by the
Constitution
Shared Powers - Powers that are held by both state and national governments
Police Power - the power to govern; the power to adopt laws for the protection of the
public health, welfare, safety, and morals
4 Jurisprudential Schools - Historical, Realist, Positivist, Natural Law
Historical School of Law - Laws are a reflection of the shared history of a culture/ society
Realist School of Law - Public status affects the way people are treated in the legal
system
Business Law
, BUSINESS LAW
Positivist School of Law - The law is whatever the government says you can or can't do
Natural Law - Certain rights or values are inherent of human nature
4 Principles of Law (Aquinas) - Must be reasonable
Must be publicly disclosed
Must come from a position of power/ authority
Must be for the common good and no for individual interest
Types of Law (Aquinas) - Eternal
Divine
Natural
Human
Eternal Law (Aquinas) - God's providential ordering of nature to its ends, inclusive of
human nature
Divine Law (Aquinas) - More explicit law from God, represented in New and Old
Testament (10 Commandments)
Natural Law (Aquinas) - Use of human reason to know right from wrong, morals, part of
nature as human
Human Law (Aquinas) - Laws enacted by human political entities. Can never go against
Natural Law
Business Law
