Midterm Study Guide - Dijon Layne BUSA2106 Cheat Sheet for...

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Dijon Layne BUSA2106 “Cheat Sheet” for Midterm Exam Law: body of enforceable rules governing relationships among individuals and between individuals and their society. Statute: law enacted by Congress Jurisdiction: - Personal jurisdiction: always exists over residents of the state where the court sits with proper service of process/ - Subject matter jurisdiction: 2 options 1. Federal question jurisdiction 2. Diversity jurisdiction Corporate citizenship – for purposes of jurisdiction, corporation is a citizen of the state where its principal place of business is located. Substantive criminal law Felonies – serious crime(s) punishable by year or longer imprisonment or death Federal – crimes that are governed by federal statutes Misdemeanor – less serious crime punishable by fine or up to one year in jail. Stare decisis – a common law doctrine under which judges are obligated to follow the precedents established in prior decisions. Binding authority – any source of law that a court must follow when deciding a case.
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This note was uploaded on 04/02/2012 for the course BUSA 2106 taught by Professor Elger during the Spring '07 term at Georgia State University, Atlanta.

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Midterm Study Guide - Dijon Layne BUSA2106 Cheat Sheet for...

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