BUSFIN 3500 Lecture 2: 2. Court System

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Constitutiona.
Statutes - state, federal, localb.
Stare decisis - lower courts obey higher courtsi.
Precedent - pas decisions govern similar cases ii.
Plaintiff - person who files lawsuitiii.
Defendant - person against whom suit has been filed iv.
Courts (case law or common law)c.
Make rulesi.
Hold hearingsii.
Give informal adviceiii.
Rulings can be appealed to courtsiv.
Administrative - Agencyd.
Treatiese.
Executive Ordersf.
Sources of LawI.
Federal vs State
i.
In what court can this case be tried?
a.
Rights between persons1.
Usually $ damages; no jail2.
Prove by a preponderance of evidence3.
Civil
i.
Act against the public
1.
Jail or fine
2.
Prove beyond a reasonable doubt
3.
Criminal
ii.
What are the threshold requirements of a case?
b.
What is the trial process?
c.
Original: trial courts
A.
Level
1.
Jurisdiction
i.
The Court SystemII.
1.3 Court System
Wednesday, January 11, 2017 04:55 PM
Unit 1 Page 1
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