AAMI Business Law Final Exam With 100% Correct Answers 2025/2026

AAMI Business Law Final Exam With 100% Correct Answers 2025/2026 Plaintiff - answer-a person who brings or files a lawsuit. Defendant - answer-the person against whom the lawsuit if brought. State Decisis - answer-the practice or relying on previous decisions in which similar disputes arose. (stand by the decision) Precedent - answer-the practice of utilizing or following a prior decision. Case Law - answer-published decisions of cases. Such decisions may be used by courts to rely on when considering cases that was previously decided. Statutory Law - answer-both Federal and State constitutions are general statements of the powers of government and the rights of the individuals. Statutes - answer-are adopted by the Federal Government and State Government. Ordinances - answer-are adopted by local governments such as town and counties. Constitutional Powers - answer-what are Express Powers and Implied Powers? Express Powers - answer-are powers that are specifically stated in the Constitution.Implied Powers - answer-are powers that have arisen as a result of interpretation of the express powers by the courts. Judicial Review - answer-once a law is adopted and it is challenged the Courts are given the right to review the laws and make a determination at to whether or not the law is valid or invalid. Ordinances - answer-these are laws that are adopted by local governments such as town or city councils. Administrative Law - answer-State and Federal Agencies have the authority to adopt rules in order to regulate their specific areas. Administrative Rules - answer-these rules have the force and effect of laws. 3 - answer-the Federal Court system is divided among how many different levels