MGMT 108 Study Guide - Midterm Guide: Precedent, Default Judgment, Alternative Dispute Resolution
Document Summary
Criminal law is when the government prosecutes you and everything else is civil law (one person vs the other person) In civil law, it is only money at stake (as opposed to criminal) so the stakes are lower. Statute of limitations- the specified amount of time with which you have to bring the lawsuit: depends on who you are suing and what state, there is usually no statute of limitations on most crimes. A precedent is a decision that becomes an example or authority for following cases: stare decisis: to stand on decided cases . Under stare decisis, judges are obligated to follow the precedents established within their jurisdictions. Federal court system: courts of limited jurisdiction (bankruptcy, tax, copyright) district court court of appeals (13 courts) supreme court. Alternative dispute resolution (adr) is more private/quicker. Diversity of citizenship: amount in controversy >75k. The defendant maintains a passive website that merely provides information or advertises products: jurisdiction unlikely: 2.
