[SOM 122] - Final Exam Guide - Ultimate 53 pages long Study Guide!

• School: Syracuse University
• Department: School of Management
• Course: SOM 122
• Professor: Petosa

Document Summary

Body of decisions handed down by courts ruling on individual cases. Law created by constitution(s) or by federal, state, or local legislative acts. Federal statutes take precedence over state and local statutes. Law made by the authority of administrative agencies. Congress retains control over the scope of agency action. Created agencies in response to pressure to address social issues. Deregulation: elimination of rules that restrict business activity. Trial courts : general court that hears cases not specifically assigned to another court. Every state has a least one federal trial court (district court) Also include special courts and administrative agencies. Courts in each state deal with the same issues as their federal counterparts. They may only rule only in areas governed by state law. Appellate courts: court that reviews case records of trials whose findings have been appealed. Also hears cases appealed from state supreme courts. See cases that are still not resolved at the appellate level.