MGT 401 Exam 1 Questions With Correct Answers

MGT 401 Exam 1 Questions With Correct
Answers

Law - CORRECT ANSWER✔✔-enforceable rules governing relationships among
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individuals and between individuals and their society
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Legal Remedy - CORRECT ANSWER✔✔-Money
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Equitable Remedy - CORRECT ANSWER✔✔-A court order
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Types of Equitable Remedies - CORRECT ANSWER✔✔-injunction, restraining
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order, specific performance, rescission
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Sources of Law - CORRECT ANSWER✔✔-Us Constitution, State Constitutions,
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Federal and State Statutory Law, Local Statutes, Administrative Law, Treaties, Case
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Law
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Federal Statuates - CORRECT ANSWER✔✔-Laws enacted by a legislative body that
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dictate the conduct of persons or organizations subject to the law.
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___ U.S.C § ____
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State Statutes - CORRECT ANSWER✔✔-Statutes enacted by state legislatures N.Y
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____ Law § _____
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,Local Statutes - CORRECT ANSWER✔✔-county, city, town or village. Also limited
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geographicaly


Administrative Law - CORRECT ANSWER✔✔-In charge of... | | | | | | |




-Rules and Regulations
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-executive and independent agencies
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-enforcement |




- ___C.F.R § ____
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Treaties - CORRECT ANSWER✔✔-Agreements between 2 or more countries
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-passed by executive branch with advisory + consent of the senate
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Case Law - CORRECT ANSWER✔✔-court decisions that have the status of law and
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serve as precedents for later decisions
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Stare Decisis - CORRECT ANSWER✔✔-Let the decision stand; decisions are based
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on precedents from previous cases
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IRAC format - CORRECT ANSWER✔✔--Issue
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-Rule |




-Application
-Conclusion

, Legal Reasoning - CORRECT ANSWER✔✔-The process of reasoning by which a
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judge harmonizes his or her decision of this particular case with the judicial
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decisions of previous cases. | | |




Plaintiff - CORRECT ANSWER✔✔-A person who brings a case
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Defendant - CORRECT ANSWER✔✔-A person being sued or accused of a crime
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Civil Law - CORRECT ANSWER✔✔-Plaintiff and Defendant both represented by
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attorneys that are paid by the respective parties. No free lawyers. Purpose is for
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remedy (usually legal) | |




Criminal Law - CORRECT ANSWER✔✔-A law that defines crimes against the public
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order. DA office represents state. Focus on punishment equity
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Other Classifications of Law - CORRECT ANSWER✔✔--Primary vs. Secondary Law
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-Substantive Law vs Procedural Law | | | | |




-Public Law vs Private Law
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-Law vs Equity
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-Cyberlaw


Private Law - CORRECT ANSWER✔✔-Contracts
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Substantive Law - CORRECT ANSWER✔✔-Rules governing behavior and action of
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individuals