Question and answer – Studypool

I’m studying and need help with a Business Law question to help me learn.

My professor gave me 20 words to look for its definition and examples I have already covered the definitions but the only thing that I’m missing is the examples and that is exactly what I need help with.

Notice: Just add the examples.

Civil law: spells out the rights and duties that exist between persons and between persons and their governments, as well as the relief available when a person’s rights are violated.

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Case law: the doctrines and principles announced in cases—governs all areas not covered by

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Common law: a body of general rules that applied throughout the entire English realm.

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Court of equity: A court that decides controversies and administers justice according to the rules, principles, and precedents of equity

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Criminal law: in contrast, is concerned with wrongs committed against the public as a whole.

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Damages: Money sought as a remedy for a breach of contract or for a tortious act.

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Precedent: A precedent is a decision that furnishes an example or authority for deciding subsequent cases involving identical or similar legal principles or facts.

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Procedural law: consists of all laws that outline the methods of enforcing the rights established by substantive law.

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Remedy: The relief given to an innocent party to enforce a right or compensate for the violation of a right.

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Stare decisis: common law doctrine under which judges are obligated to follow the precedents established in prior decisions.

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1-Alternative Dispute resolution: The resolution of disputes in ways other than those involved in the traditional judicial process. Negotiation, mediation, and arbitration are forms of ADR.

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2-Arbitration:The settling of a dispute by submitting it to a disinterested third party (other than a court), who renders a decision. The decision may or may not be legally binding.

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3-Diversity of citizenship:Under Article III, Section 2, of the Constitution, a basis for federal court jurisdiction over a lawsuit between (1) citizens of different states, (2) a foreign country and citizens of a state or of different states, or (3) citizens of a state and citizens or subjects of a foreign country. The amount in controversy must be more than $75,000 before a federal court can take jurisdiction in such cases.

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4-Federal question:A question that pertains to the U.S. Constitution, acts of Congress, or treaties. A federal question provides a basis for federal jurisdiction.

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5-In person am jurisdiction:Court jurisdiction over the “person” involved in a legal action; personal jurisdiction.

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6-In rem jurisdiction:Court jurisdiction over a defendant’s property.

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7-Long arm statute: A state statute that permits a state to obtain personal jurisdiction over nonresident defendants. A defendant must have “minimum contacts” with that state for the statute to apply

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8-Venue: The geographical district in which an action is tried and from which the jury is selected.

 

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