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Unformatted text preview: Legislative (makes law), Executive (enforces law) and Judiciary (interprets and determines validity of a law). 2. STATE CONSTITUTIONS: valid unless conflict with U.S. Constitution. 3. TREATIES with FOREIGN NATIONS: become part of the supreme law of the land. 4. STATUTES: Both federal and state law. Written laws that are codified. 5. ORDINANCES: Laws developed by municpalities. 6. Executive Orders: 7. Administrative Agencies 8. Judicial decisions: stare decisis -- case precedent....
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This note was uploaded on 10/12/2011 for the course BUSINESS 317 taught by Professor Jackhandy during the Spring '11 term at University of Phoenix.
- Spring '11
- Personal Finance