LEG 100 MILESTONE UNIT TWO BUSINESS LAW
COMPREHENSIVE GUIDE CORRECT 2026
◉ Common law. Answer: based upon the current standards or customs
of the people.
◉ positive law. Answer: Law that is dictated from above by a sovereign
or other central authority
◉ business ethics. Answer: Ethical principles used in making business
decisions
◉ Guidelines. Answer: Laws made by administrative agencies
◉ stare decisis. Answer: Doctrine that requires lower courts to adhere to
existing case law in making decisions
◉ ordinances. Answer: Legislative actions taken by city or town
councils
◉ statutes. Answer: Laws enacted by state or federal legislative bodies
◉ case law. Answer: The type of law made when an appellate court
endorses a rule to be used in deciding court cases
, ◉ ethics. Answer: A collection of standards of conduct and moral
judgment forming the basis for a reasoned, impartial decision as to what
is right and what is wrong
◉ Thomas Jefferson. Answer: author of the Declaration of Independence
◉ the preamble to the U.S. Constitution (quote it). Answer: We, the
people, in order to form a more perfect union, establish justice, insure
domestic tranquility, provide for the common defense, promote the
general welfare, and secure the blessings of liberty to ourselves and our
prosperity.....
◉ Bill of Rights. Answer: The first 10 amendments to the constitution
◉ 5th amendment. Answer: the right to life, liberty and property
◉ Executive, Judicial, and Legislative. Answer: The three branches of
the government
◉ procedural law. Answer: Filing proper motions and completing
everything required legally in the proper order
◉ criminal law. Answer: an offence against society
COMPREHENSIVE GUIDE CORRECT 2026
◉ Common law. Answer: based upon the current standards or customs
of the people.
◉ positive law. Answer: Law that is dictated from above by a sovereign
or other central authority
◉ business ethics. Answer: Ethical principles used in making business
decisions
◉ Guidelines. Answer: Laws made by administrative agencies
◉ stare decisis. Answer: Doctrine that requires lower courts to adhere to
existing case law in making decisions
◉ ordinances. Answer: Legislative actions taken by city or town
councils
◉ statutes. Answer: Laws enacted by state or federal legislative bodies
◉ case law. Answer: The type of law made when an appellate court
endorses a rule to be used in deciding court cases
, ◉ ethics. Answer: A collection of standards of conduct and moral
judgment forming the basis for a reasoned, impartial decision as to what
is right and what is wrong
◉ Thomas Jefferson. Answer: author of the Declaration of Independence
◉ the preamble to the U.S. Constitution (quote it). Answer: We, the
people, in order to form a more perfect union, establish justice, insure
domestic tranquility, provide for the common defense, promote the
general welfare, and secure the blessings of liberty to ourselves and our
prosperity.....
◉ Bill of Rights. Answer: The first 10 amendments to the constitution
◉ 5th amendment. Answer: the right to life, liberty and property
◉ Executive, Judicial, and Legislative. Answer: The three branches of
the government
◉ procedural law. Answer: Filing proper motions and completing
everything required legally in the proper order
◉ criminal law. Answer: an offence against society
