MGMT 209 Lecture Notes - Lecture 1: Statutory Law, Judicial Activism, Private Law
Document Summary
Collecting and restating the law of jurisdiction in certain areas. Judicial branch plays the role of settling differences between the 2 parties. Remedies that come straight from common law. Includes law from constitution, congress, president, and federal regulatory. Government that is shared between the national, state and local governments. Aka common law, based on precedent (stare decisis) When a judge decides to go against precedent and change the common law. Power of the court to declare an act of congress unconstitutional. Judicial court can review laws created by legislation to determine their. Judicial requirement of paying back money as a remedy for harm done. "legal" refers to monetary remedy in this case. Legislative houses pass bill and send to the president who then signs/vetoes it. Power of states to place restraints on personal freedom and property rights of persons for the protection of public safety, health, morals, or the promotion of public convenience and general prosperity.