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Business Law (Chapters 1-20)

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Business Law (Chapters 1-20)

Morality - (correct Answer) - Values that govern a society's attitude toward right and wrong

Ethics - (correct Answer) - Means for determining what a society's values ought to be

Honesty - (correct Answer) - Character trait of a person who is open and truthful in dealing with others

Justice - (correct Answer) - Ability to treat all people fairly

Compassion - (correct Answer) - Sympathy towards the difficulties of others

Integrity - (correct Answer) - Willingness to do the right thing regardless of personal consequences

Law - (correct Answer) - System of rules of conduct established by the government of a society to
maintain stability and justice

Judge - (correct Answer) -

Jury - (correct Answer) -

Constitution - (correct Answer) - Document that spells out the principles by which the government
operates

Common Law - (correct Answer) - Decisions of the early law courts developed in England based on
customs (Old Law)

Precedent - (correct Answer) - A judge is required to follow an earlier court decision when deciding a
case with similar circumstances. *Stare Decisis* (Let the decision stand)

Statutes - (correct Answer) - Laws specifically passed by a governing body that has Been created for a
stated purpose

Legislature - (correct Answer) - The body of lawmakers of each state that is responsible for making
statutory laws

Unconstitutional - (correct Answer) - Any action or law that goes against the U.S. constitution

Administrative Law - (correct Answer) - Rules and procedures that are established by regulatory
agencies. Ex. The city of new Rochelle, health department, building department, department of public
works, etc.

Contempt of court - (correct Answer) -

Jurisdiction - (correct Answer) - The power and authority given to a court to hear a case and make a
judgement

Diversity of citizenship - (correct Answer) - Cases which involve citizens of different states and in which
the amount of money in dispute exceeds $75,000

, Original Jurisdiction - (correct Answer) - When district courts try a case the first time it is heard

Appellate Courts - (correct Answer) - Courts between lower and the highest courts where people go to
their first appeal

Intermediate Courts - (correct Answer) - Courts between lower and highest courts.

Appellate Jurisdiction - (correct Answer) - Intermediate courts have this jurisdiction where any party in a
shit decided in a federal court may appeal to the federal court of appeals in the circuit where the case
was tried.

Limited Jurisdiction - (correct Answer) - Local courts handle minor matters, such as misdemeanors and
civil actions involving small amounts of money.

General Jurisdiction - (correct Answer) - A general trial court, which can also be called a county court,
superior court, court of common please, or circuit court, handles criminal and civil cases.

Delinquent Child - (correct Answer) - A minor under a certain age (generally 16-18) who has committed
an adult crime

Unruly Child - (correct Answer) - A minor who has done something inappropriate that is not considered
an adult crime, such as violating curfew, skipping school, or using tobacco

Neglected/Abused Child - (correct Answer) - A child who is homeless, destitute, or without adequate
parental care. The court may make such a child a ward of the state

Alternative Dispute Resolution - (correct Answer) - When parties try to resolve disagreements outside of
the usual adversarial system by using creative settlement techniques

Complaint - (correct Answer) - A formal paper that expresses the plaintiffs allegations, or claims.

Answer - (correct Answer) - The defendants response to the allegations made in the complaint

Verdict - (correct Answer) - The decision made by the jury on the case

Judgement - (correct Answer) - The court issued determination or decision on the case

Specific performance - (correct Answer) - When the plaintiff wants the defendant to do what he
promised in a contract

Arrest - (correct Answer) - This occurs when a person is deprived of his freedom.

Bail - (correct Answer) - Money or other property that is left with the court to assure that a person who
has been arrested, but released, will return to trial.

Indictment - (correct Answer) - A written accusation charging an individual which is decided by a jury.
This issuance doesn't mean that the names person is guilty, but that the grand jury believes there is a
possibility that he is guilty.

Arraignment - (correct Answer) - The procedure following the indictment where the suspect is asked to
plead guilty or not guilty

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