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MIE 305 Exam 1: Questions With Expert- Approved Answers

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MIE 305 Exam 1: Questions With Expert- Approved Answers

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NCSU MIE 305
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NCSU MIE 305

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MIE 305 Exam 1: Questions With Expert-
Approved Answers

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Practice questions for this set


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a plaintiff does not have to drove damage in their claim, save for the trial



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1 Answers 2 Legal Certainty Test



3 Complaint 4 Small Claims



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Terms in this set (162)


Why study law in legal concepts, principles, and rules provide the
business? foundation for the conduct of business

- law controls the relationships between parties
2 ways law& business
- law provides mechanisms by which gov regulates
intersect?
business behavior

, Medieval legal system mainly in Europe that
Law Merchant
established practical rules of commerce and trade

1. knowledge of law allows one to identify legal risks
2 advantages of knowing and effectively reduce or eliminate liability
basics of law 2. can use the law to make informed decisions about
strategy(licenses, intellectual property, joint venture)

Regime that orders human activities and relations
through systematic application of the force of
Law
politically organized society, or through social
pressure, backed by force

laws that regulate and control the rights and duties
Substantive Law
of persons and are used to resolve disputes

laws that establish the process by which litigation is
Procedural Law conducted(how lawsuit begins, trial is conducted,
appeals)

Public law Bodies of law that affect the public generally

3 categories of public (Constitutional law, Administrative Law, Criminal Law)
law

concerned with the rights, power, and duties of
Constitutional law federal and state governments under the US
constitution and constitution of various states

concerned with the multitude of administrative
agencies, such as the Federal Trade Commission and
administrative law
their rulemaking and rule- enforcement powers
within government

consists of legally-enforceable rules that forbid
certain conduct as being detrimental to the welfare
criminal law
of the state or the people, and provides punishment
for their violation

body of law that pertains to the relationships
private law
between individuals in a organized society

3 parts of private law contracts, torts, and property

Civil law is synonymous private law
with?

, the doctrine that law should adhere to decided
stare decisis
cases and "stand by the decision"

legal doctrine that once a dispute is litigated and
resolved, these parties are forever barred from
Res Judicta litigating the same matter again "the thing that has
been decided", this is between the parties
themselves and only the parties involved

statements of the court that are not necessary to
Dicta
decide the controversy before the court

1) maintain order, social control
Vago's purpose and
2)dispute resolution
functions of law
3)social change function

1. explicit rules of conduct
2. planned use of sanctions to support the rules
Social Control
3. designated officials to interpret and enforce the
rules

purposive, planned, and directed social change
Social change function
initiated, guided, and supported by the law

Vagos 2 paradigms of 1. consensus perspective
society 2. conflict perspective

- considers law as a neutral framework for
maintaining social integration
consensus perspective - law is an attempt to satisfy, to reconcile, to
harmonize, to adjust these overlapping and often
conflicting claims and demands

considers society as consisting of individuals and
groups characterized by conflict and dissension and
conflict perspective
held together by coercion
(order is temporary and unstable)

provides the rights and duties between parties, the
objectives of a legal powers and responsibilites between government
system and non goverment parties, a mechanism for
creating laws, and a process for enforcing laws

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