ACCT350 Midterm: ACCT350 Exam 1

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The us constitution, state constitutions, federal and state statutes, ordinances, administrative agency rules and regulations, executive orders, judicial decisions by federal and state cours. Fairness of the law: us legal system is one of the most comprehensive, fair, and democratic systems of law, but > abuse, mistakes happen allowing guilty parties to go unpunished. Flexibility of the law: evolves and changes along with society norms, technology, and growth/expansion of commerce. Supreme law of the land principles are extremely broad. 3 branches: jurisprudence: the philosophy or science of law. State court systems: revolve around 95% of the lawsuits brought in this country, limited jurisdiction trial courts, general jurisdiction trial courts. Special federal courts: federal courts that hear matters of specialized or limited jurisdiction, us district courts, us court of appeals federal court system"s trial courts of general jurisdiction. 94 has special appellate jurisdiction to review the decisions of the.