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enforcable rules of conduct set forth by a government to be followed by the citizens of society |
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the legislative branch of government that passes statutes |
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the president and administrative agencies that issue regulations under statutes |
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the fundamental law of a nation that establishes and limits the powers of government |
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oldest written constitution in force in the world |
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Legislative, Judicial, Executive |
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Three branches of state government |
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make up much of the law that significantly affects business behavior |
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law made and applied by judges and they resolve disputes among private parties |
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dispute between two or more parties that is resolved through the legal process |
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the official publications of case decisions and are public information |
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a decision in a case that is used to guide decisions in latter cases with similar fact situations |
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"to stand on decided cases" |
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an order by the president to establish or enforce a legal requirement |
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The basis' for classifying law |
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1) public or private 2) civil or criminal 3) procedural or substantive |
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the legal relationship between members of society - businesses and individuals - and the government |
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sets forth rules governing the legal relationships among members of society |
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legal wrongs or crimes committed against the state |
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2 classifications of crimes |
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the rights and responsibilities that exist among members of society or between individuals and the government in noncriminal matters |
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includes common law and statutory law that define and establish legal rights and regulate behavior |
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determines how substantibe law is enforced through the courts by determining how a lawsuit begins, what documents needs to be filed, which court can hear the case, how the trial proceeds, etc. |
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in the context of business practioners, has to do with rules or standards governing the conduct of members of a profession and how standards are put in to action within an organization |
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living by a moral code and standards of ethics |
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conformity to the rules of correct conduct withing the context of a society, religion, or other institution |
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a key factor in an agency's decision whether to prosecute an organization or to recommend leniency to a court when a problem arises |
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corporate social responsibility |
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the belief that businesses have a duty to society that goes beyond obeying the law and maximizing profits |
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Two parts of state legislature |
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House of Representatives and Senate |
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the only state that does not have a two-part legislature |
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