BCOM 301 Study Guide - Midterm Guide: Regulatory Agency, Bachelor Of Commerce, Statutory Law
Document Summary
Study all of the power point presentations on blackboard, past quizzes, and vocabulary from the three puzzles. Chapter one: know how the english legal system relates to u. s. law today. English common law became the foundation of us common law. It consists of the rules and principles developed through custom and precedent. Common law is a vast and unwritten body of legal doctrines established through hundreds of years: be able to list the different types or sources of law and define them. Constitutional law: the set of laws that establish the nature, functions, and limits of government. Statutory law: written law formally enacted by city, county, state, and federal legislative bodies. Equity law: law created by judges to decide cases based on fairness and ethics and also to determine the proper remedy. Common law: judge-made law comprised of the principles and traditions established through court rulings; precedent-based laws.
