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Unformatted text preview: an authority over that subject matter and can help decide future cases that are directly related to that subject matter. 4) Statute Statutes are the main source of our laws that have been passed to govern matters that have not been covered by federal or state law. Statutes are ordinances that include items such as zoning for commercial and residential property and building and safety codes (2008, p. 4). 5) Remedy A remedy is the means to enforce a right or to be compensated for the violation of a right (2008, p. 7). An example of this would be if Jim was to damage Joes car, then Joe would be awarded compensation to have his car fixed in order to remedy the damage incurred. Rich Pugh Unit 1 Assignment 3 References Miller, R.L., & Jentz, G.A. (2008). Fundamentals of Business Law Part 1. Mason: Cengage Learning...
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This note was uploaded on 08/22/2011 for the course BUSINESS L ls311 taught by Professor Starcher during the Spring '11 term at Kaplan University.
- Spring '11