LPP 255 Chapter Notes - Chapter 1: Substantive Law, Curium, Precedent

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Entering a contract: breach= breaks, fails to perform, payment. How do you ensure you will be paid: negotiable instruments= checks, creditors rights. Options for a check made to insufficient funds: liability for defective product. Primary sources of law- sources that establish the law: 1. 10th amendment- reserves to the states all powers not granted to the federal government: 2. Statutory law (including laws passed by congress, state legislature, local governing bodies. Laws enacted by legislative bodies at any level of govt. Also includes ordinances- laws, rules, orders passed by municipal or county governing units not covered by federal or state law. Uniform laws= models laws for states to consider adopting. Each state has the option of adopting or rejecting: 3. Administrative law= rules, orders and decisions of administrative agencies. Administrative agency= federal, state or local govt agency established to perform a specific function. Executive agencies= subject to authority of the president, has the power to appoint and remove officers.

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