Business Law > QUESTIONS & ANSWERS > Business Law Exam Questions with 100% Accurate Answers (All)
Why do legal systems evolve? Correct answer to encourage and promote stability and order Define law correct answer a body of enforceable rules which govern relationships among and between individua... ls and society Defin substantive law correct answer create rights, duties, and privileges consistent with public policy at the time of enactment Examples of substantive law correct answer legislative acts and judicial pronouncements Define procedural laws correct answer allow institutions to control their internal functions Examples of public law correct answer constitutional law, administrative law, and criminal law Define public law correct answer involves cases or controversies involving a legislative body as a party or as the administrator of a legal process Examples of private law correct answer contracts, torts, property Define private law correct answer the injured party seeks to recover for an injury from the party causing the injury Define common law correct answer came from england. Rules and analytical methods used by judges became law [Show More]
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