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29 Cards in this Set
- Front
- Back
Enforces statutes from state legislatures and congress.
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Administrative agencies
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A legal system from the Romans that was put into place in 450 B.C
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Civil law system
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Laws that create paths that the parties are expected to follow
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Codified law
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The foundation of law, that is used as reference for other cases
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Common law
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The supreme law of the United States
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Constitution of the United States
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Based on the common law, this has become a reference point for other cases to cite in the ruling.
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Doctrine of stare decisis
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Used when court decisions are deemed unfair.
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Equitable remedies
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Enforces the Law
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Executive Branch(President)
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Interprets and Justifies the Law
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Judicial Branch
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Philosophies and Science of Law
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Jurisprudence
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Able to Create Laws
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Legislative branch (Congress)
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Laws created by local government
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Ordinance
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Past rulings that have become a base for future rulings
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Precedent
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A Codified Law
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Statute
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An agreement between two or more Countries.
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Treaty
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A set of behaviors that are followed by businesses.
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Code of Ethics
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A corporation who uses it's power to influence social matters.
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Corporate citizenship
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A set of moral values followed by a group of people.
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Ethics
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People who look for moral guidance from an outside source
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Ethical fundamentalism
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When people decide what is right and wrong on their own basis.
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Ethical relativism
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"Do unto others as you would have them do unto you"
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Kantian ethics
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Increasing revenue for shareholders is the primary focus
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Maximizing Profits
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Won nobel peace prize for economics. and shows his favor in maximizing profits
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Miltion Friedman
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The social responsibility for a company is to correct any social injustice it has made.
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Moral minimum
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Requires Companies to publicly state if they have a code of ethics or not.
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Section 406 of Serbanes Oxeley act
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Businesses have to review the effects that it's decisions have on non-shareholders.
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Stakeholder interest theory
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A theory that says individuals have to make decisions that contain the most benefit for society
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Utilitarianism
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A theory that says that social decisions should be made by the person with the least to gain
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Rawls social justice theory
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Sources of Law
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Judicial Decisions
Constitution FCC Treaties Executive Orders |