Business Law Terms

Running Head: UNIT 1 ASSIGNMENT unit 1 Assignment: Important Terms in sport Law Katina Hammond Business Law I-3 LS311 March 26, 2012 1. Common justice is comprised of a ashes of general rules of England and the Ameri burn colonies, dated onwards the Ameri cannister Revolution. employ in every state in the marry States, with the expulsion of Louisiana, the common law system subjects all citizens, regardless of target in the government, to the same rules. 2. Jurisdiction is the authority of a courtroom over a certain ara. Certain cases can lone(prenominal) be heard by certain courts. For example, a subject area official official case should be heard in a federal court, as opposed to a city, county, or state court. 3. Precedents ar decisions of cases that defend previously come before the court. These previous cases, when close, or similar, to the facts of a current case, provide a guide in resolving the case. Prece dents also give an soul an idea of his or her rights or obligations regarding certain issues. 4. Statutes are laws that have been passed by legislature, whether federal, state, city, or county. Federal writtens apply to all states, tour state statutes are state particularized, applying only to the area indoors the borders of the state.

A federal statute must not check the Constitution of the United States, while a state statute must not violate the Constitutions of the United States or the specific state. 5. Remedy can be described as a way to yield a victim for the violation of his or her rig hts. Damages and restoration are two type! s of save. While indemnification compensate a victim for some(prenominal) harm suffered, restitution bequeath make the victim to a position before his or her rights were violated. Simply, remedy is a way to gain justice in any case in which ones intelligent rights are involved. References Black, H. (1990). Blacks Law Dictionary. St. Paul, MN: west publication Co. Pages 276, 853, 1176, 1294, 1410. Common Law (2012)....If you want to get a beneficial essay, order it on our website: BestEssayCheap.com

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