COB 218 Study Guide - Quiz Guide: Precedent, Corporate Social Responsibility, Arbitration
22 Sep 2016
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Criminal law: (action brought by state (murder)) the branch of law that defines and punishes wrongful actions committed against society. Civil law: (injury) the definition and enforcement of all private or public matters, as opposed to crimes. Remedies: enforcing a right or compensation for injury to that right. Remedies in equity: based on justice and fair dealing, a chancery court, or court of equity, does what is right. (injunction, specific performance, or rescission) Stare decisis: deciding new cases based on precedent. Sources of law: primary: sources that establish the law, secondary: books and articles that summarize & clarify the primary sources of law. Standing to sue: sufficient stake in the controversy. In rem: courts power to decide issues relating to property. Concurrent: jurisdiction that occurs when two different courts have the power to hear a case. Appellate: the power to hear an appeal from a lower court.
