Business Law Term Review - BLA 361 Exam 1 Chapter 1...

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BLA 361 – Exam 1 Chapter 1: - Administrative law: the rules, orders, and decisions of federal, state and local government administrative agencies (EPA, IRS) - Statutory law: created by legislature (federal, state and local legislatures and governing bodies) - Bill of Rights: the first 10 amendments of the constitution. It acts as protection (in some cases) for some individuals against the federal government - Case law: the rules of law announced in court decisions. Case law leads to common law (sets precedent). - Civil law: law dealing with private or public rights (not criminal law). Always dealing with money - Criminal law: law that defines and governs actions that constitute crimes. (In criminal law, ones freedom, money and life are at stake) - Burden of proof: In civil cases, preponderance of evidence is necessary (majority – 51%). In criminal cases, beyond reasonable doubt is necessary. - Commerce clause: Article 1, Sec. 8 of the constitution, giving congress the power to regulate interstate commerce (not intrastate) - Due process: No person shall be deprived of life, liberty or property w/o due process of law (some type of procedure) - Equal protection clause: cannot treat individuals differently within “similarly situated” cases. - Equitable principles and maxims: General propositions or principal of law that have to do with fairness (equity) -
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