Bart is the plaintiff in a lawsuit. After he filed the complaint, the Court
decided that he does not have standing. The fact the he does not have
a. He does not have a right to appeal the decision.
b. He must sit through the entire tria
Week 3 Reflection
The commerce clause, the supremacy clause and the preemption doctrine are
significant to businesses because they influence what a corporation can or cannot do.
They all push companies to make certain decisions when it comes to t
COURTS AND JURISDICTION
The right to "speak the law".
To hear a case, a court must have two types of jurisdiction:
1. Jurisdiction over the Subject Matter (the legal issues involved in the dispute)
2. Jurisdiction over
THE MAGNA CARTA
Magna Carta- The Great Charter
The Magna Carta was signed by the English King John (nicknamed John Softsword by
the general population who considered him a coward) in 1215 at Runnymede, England. It
is regarded as one of the most importa
Introduction to Contracts Classifications, Terminology, and Formation
A Contract involves a promise, or an exchange of promises.
Contract Law in Private Enterprise
Does not need to be written or formal.
Enables private agreemen
Essential Elements of Contract
1) AgreementA) Offer
-Seriousness of Offer
-Definiteness of Terms: Parties, Subject Matter, Time, Consideration
-Communication of Offeree
B) Acceptance- voluntary act showing assent to terms
- Mirror Image Rule
Food for Thought:
A Collection of Quotes Concerning Law
Law is a pledge that citizens of a state will do justice to one another.
Aristotle, 322 B.C.E.
"The purpose of law is to prevent the strong always having their way."
Ovid, 25 B.C.E.
ACCT352 Exam #2 Review
Torts meaning injury/hard
-three kinds: intentional, negligence-based, strict liability
intentional tort interntional conduct (wrongdoing/fault)
-assault (the threat, doesnt have to be actual injury) vs battery (unconsented
Monetary = Damages = $
$ = Legal
Non-Monetary = Court
Order = Equitable
Specific Performance Injunctio
n = Prohibitive or
Mandatory Restitution Rescissi
No damages for emotional distress due
ACCT352 Test #2 Prep
Chapter 5: Intentional Torts and Negligence
Tort a civil wrong, recognized by law as grounds for a lawsuit, that
can be remedied by awarding damages
Provide reliefs for the damages incurred
Act to deter others from commit
ACCT352 Exam #1 Prep
The Two Types of Law:
a. Civil Law redresses wrongs committed against another though
b. Criminal Law redresses wrongs committed against another (i.e. a
crime) by punishing the wrongdoer
ACCT352 Fall 2015
Very little of Ch.1 will be on the Exam, just browse the slides
What differentiates civil and criminal law are the consequences?
Two Types of Law
Civil redresses wrongs committed against another though monetary
Contract: an exchange of promises with legal consequences based on local
jurisdiction and state common law
Treatise: restatement of contracts, explains the Common Law principle
Uniform Commercial Code/Statutes: each state has the same code that deals with
Chapter 8-9 Contract Law
Chapter 8- Contract formation
o Contract = promise that are enforceable with predictable consequences for for performance
o Decided under:
Common Law- Law by state, rules of constitution
1. Define Litigation process?
A method for settling disputes in a court of law using a vehicle called a trial.
2. What is a complaint?
Filed by plaintiff to initiate the lawsuit
3. What is a summons?
Issued by the court when the Complaint is filed to noti
After taking the Cosmetics Quiz at the FDA site, please
evaluate your answers
identify another consumer product that is regulated (it does not have to be
regulated by the FDA)
what similarities or inconsistencies are there between the two products
Unit 1 Homework (Chapters 1-5, 8 & 9)
(1) Question # 8 at the end of Chapter 1.
I do not agree with Professor Phelps saying that reading his email was a breach of his
privacy. In sending that email to Professor Marlin Jones, t
25 June 2012
CHRISTOPHER et al. v. SMITHKLINE BEECHAM CORP., dba GLAXOSMITHKLINE
The following case summary details a recent court opinion of the U.S.
Supreme Court. The case relates to business law because it invo
Unit 2 Homework (Chapters 12-17, 19-20, 26-27)
CPA question #1 at the end of Chapter 12
d. Quasi Contract.
CPA questions # 2 and 3 at the and of Chapter 13
2. b. No, because Foxs letter was a counteroffer.
3. c. Peters
Law: made up of rules that are laid down by the state and backed up by enforcement
with the purpose of keeping the peace, hearing and deciding cases, facilitating
planning, and promoting social justice by protecting the disadvantaged
Rule of Law: laws mad
US Constitution- drafted in 1787 and eventually ratified by the 13 states in 1789;
provides legal framework of the government the authority it has to regulate
Article 1- establishes the legislative branch of congress (the House of
Instructor: Virgil Alexander
How to Prepare a Case Brief
A case brief is a summary of a case. It briefly describes:
1. The parties (Plaintiff and Defendant) in the case = the persons or
2. The facts of the case = What happened
Read the case 42.6 on page 724. Research and identify another
case on ethical behavior in business wi
Unit 3 Homework (Chapters 21, 25, 28-31, 37, 39, and 40)
Question # 1 at the end of Chapter 21
Yes, a creditor can obtain execution against the property because the creditor is of both
the husband and wife. A creditor of o
Following decades of financial frauds and scandals involving directors
and officers at some of the largest companies in the United States,
Congress enacted the Sarbanes-Oxley Act of 2002
Research and provide an example of a corporation that violated
Read Case 10.3 on page 211
Do you think there was a contract between the Mesaros and the
United States? Why or why not describe the elements that were
or were not present?
I do not believe there was a binding legal contract between the
Mesaros and the Uni