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Legal Environment of Business
Business Law
51
Business
Undergraduate 4
09/04/2011

Additional Business Flashcards

 


 

Cards

Term
Stare decisis
Definition
The principle that precedent is binding on later cases is stare decis, which means "let the decision stand". 
Term
Substantive Law
Definition
Substantive law defines the righst of people. 
Term
Procedural Law
Definition
Procedural law establieshes the processes for settling disputes
Term
Public Law
Definition
Public Law refers to the rights and obligations of governments as they deal with nation's citizens. 

Ex: FTC prohibits deceoptive advertising 
Term
Private Law
Definition
Private law regulates the duties between individuals

Ex: Landlord-Tenant law  
Term
Legal Positivism
Definition
Law is what the sovereign says it is regardless of whether it is "moral" or not. 
Term
Natural Law
Definition
Laws must have a moral basis. "Good is to be done and promoted, and evil is to be avoided."

*St. Thomas Aquinas (An unjust law is no law at all and need not be obeyed) 
Term
Legal Realism
Definition
it doesnt matter what is written as law, what counts is who enforces that law and by what process. 
Term
Litigator
Definition
a lawyer who handles court cases
Term
Litigation 
Definition
lawsuits, the process of filing claims in court, and ultimately going to trial. 
Term
Alternative dispute resolution (ADR)
Definition

Any other formal or informal process used to settle disputes without resorting to a trial. 

 

1. Negotiation     3. Arbitration 
2. Mediation       4. Mandatory Arbitration 

Term
Mediation
Definition

A neutral person, called the mediator, attempts to coax the two disputing parties into a settlement. 

  • Disputants voluntarily enter mediation
  • Both disputants must sign the agreement in the end, so both sides are more likely to end up happy. 
Term
Arbitration
Definition

When the parties agree to bring in a neutral third party, except the arbitrator has the power to impose an award. 

  • In this form of ADR the parties lose the right to discovery and class action
Term
Mandatory Arbitration
Definition

The parties agree IN ADVANCE to arbirtrate any disputes that may arise. 

  • Good news fewer lawsuits, the bad news is that you may be the person out of court.  
Term
Trial Courts
Definition
Trial courts determine the facts of a particular dispute and apply to those facts the law given by earlier appellate court decisions. 
Term
Trial Courts of Limited Jurisdiction
Definition
  1. Small claims division has jurisdiction only over civil lawsuits involving a maximum
  2.  Municipal division has jurisdiction over traffic citations and minor criminal matters. 
  3. Juvenile division hears only cases involving minors
  4. Porbate division is devoted to settling the estates of deceased persons
  5. Land court focuses on disputes about title to land and other real property issues
  6. Domestic relations court resolves marital disputes and child custody issues.  
Term
Appellate Courts
Definition
Appeals courts generally accept the facts given to them by trial courts and review the trial record to see if the court made errors of law. 
Term
Error of Law
Definition
When a court incorrectly applied the law to the facts. 
Term
Court of Appleals
Definition

The party that loses at the trial court may appeal to the intermediate court of appeals.

 

Both sides submit written arguments on the case, called briefs, each side has 15 mins to convince the panel of three judges to see their side. 

 

Term
Appellant 
Definition
The party filing the appeal in an appellate court.
Term
Appelle
Definition
The party opposing the appeal in a appellate court. 
Term
Affirmed 
Definition
When the panel of three judges in an appellate court permit the prior ruling of the appellee to stand. 
Term
Federal Question Cases
Definition
A claim based on the United States Constitution, a federal statute, or a federal treaty. 
Term
Diversity Cases
Definition
Federal courts have diversity jurisdiction when (1) the plaintiff and defendant are citizens of different states and (2) the amount in dispute exceeds $75,000.  
Term
Federal Trial Courts
Definition

The nation is divided into 94 districts, each with its own trial court. There are other specialized trial courts like:

  • Bankruptcy Court
  • Tax Court
  • United State court of international trade
  • United States claims Courts (hears cases against the US) 
Term
United State Court of Appeals
Definition
  • There are 11 numbered circuits hearing appeals from district courts. 
  • Washington D.C. has two more courts: The Court of Appeals for the District of Columbia, and the Federal Circuit which hears cases from specialized courts
Term
United States Supreme Court
Definition
  • There are nine justices
  • Writ of certiorari is a petition for the SC to hear a lower court hearing
  • They only accept 100 cases a year
Term
Pleadings
Definition
The documents that begin a lawsuit. These consists of the complaint, the answer, and sometimes a reply. 
Term
Interrogatories 
Definition
Form of discovery where a party provides written questions that the opposing party must answer, in writing, under oath. 
Term
Depositions
Definition

Form of discovery in which one party's lawyer is able to question the other party, or potential witness, under oath. 

  • The person being questioned is the deponent.
Term
Production of Documents and Things
Definition
Each side may ask the other side to produce relevant documents for inspection and copying. 
Term
Physical and Mental Examination
Definition
Requested if the party's physical or mental condition is relevant. 
Term
Request for Admission
Definition
Either party can insist that the opposing party admit or deny certain facts, to avoid wasting time on points not in dispute. 
Term
Motion for a protective order
Definition
A request that the court limit a party's discovery in the form of decreasing the number of depositions.
Term
Motion to compel answers to interrogatories
Definition
a formal request that the court order a party to supply more complete answers. 
Term
Memorandum
Definition
A supporting argument for a motion. 
Term
Camera Inspection
Definition
The judge views the requsted documents alone, with no lawyers present, and decides whether the other side is entitled to view them. 
Term
Summary Judgement
Definition
A ruling by the court that no trial is necessary because there are no essential facts in dispute. 
Term
Right to Jury Trial
Definition
Both plaintiff and defendant have a right to demand a jury trial when the lawsuit is one for money damages. 
Term
Voir Dire
Definition
The process of selecting a jury. Translation: "to speak the truth".
Term
Challeges for cause
Definition
When a lawyer claims that a juror has demonstrated probably bias during VOIR DIRE. 
Term
Peremptory Challenges
Definition
The lawyer is entitled to ecuse a juror for virtually any reason he sees fit during VOIR DIRE. 
Term
Burden of Proof (Civil Cases)
Definition

The plaintiff has the burden of proof. 

  • Prove case by prepondereance of the evidence, or it must concince the jury that its version of the facts is at least slightly more likely than the defendant's. 
Term
Direct examination
Definition
Whena  lawyer asks questions of her own witness. 
Term
The law of Evidence
Definition
determines what questions a wlawyer may ask and how the questions are to be phrased, what answers a witness may give, and what documents may be introduce. 
Term
Motion for Direct Verdict
Definition

A ruling that the plaintiff has entirely failed to prove some aspect of her case. 

 

  • A directed verdict is permissible only if the evidence so clearly favors the defendant that reasonable minds could not disagree on it. 
Term
Procedural Due Process
Definition

Before depringing anyone of liberty or porperty, the government must go through certain procedures to ensure that the result is fair. 

 

*Refers to the 5th Amendment, or the Due process and Taking clause

 

A) What sort of hearing the government must offer depends upon how imporrtant the prperty or liberty interest is and on whetehr the government has a competing need for efficiency. 

B) There must be a neutral fact finder. (Ward v. Monroeville)

 

C) Attachments keep the defendant from selling their assets that could be used as payment if the plaintiff wins. (Connecticut v. Doehr made it more difficult)

D) When being fired by the government you are entilted to procedural due process

E) Academic suspension 

Term
The Taking Clause
Definition

When the government takes property for public use, such as to build a new highway, it has to pay a fair price. 

 

*Refers to the 5th amendment

 

A) Before a government may require an owner to dedicate land to a public use, it must show that this owern's proposed building requires this dedicaton of land. 

B) Palazzolo v. Rhode Island
-Future property holders must also be allowed to challenge potentially unreasonable regulations. 

Term
Substantive Due Process
Definition

Some rights are so fundamental that the government may not take them from us at all. 

 

*Referes to 5th Amendment

 

A) State or federal laws regulating wages, working conditions, discrimination, union rights, and any similar topics are presumed valid. 

B) Courts now treats cases involving economic and social regulations differently than cases involving fundamental rights. 

C) In order to regulate a fundamental right the cases argument must be compelling. Any law that infringes upon ones fundamental rights (The right to speech, vote, travel, privacy, and abortion etc) is considered invalid. 

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