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Unformatted text preview: A statute is a law passed by congress and state legislatures. They set forth general propositions of the law that courts can apply to specific situations. Statutes begin as a bill that is proposed by legislature. It must pass through the legislative committee process and be approved by the house and the senate. It becomes law when it is signed by the president. A remedy is basically the final ruling in a case and it provides some form of compensation to a violated party. References (n.d.). Retrieved from http://legal-dictionary.thefreedictionary.com Miller, R., & Jentz, G. (2008). Fundamentals of business law part I . Boston, MA: Cengage....
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- Spring '11
- Common Law