Exam 1: Introduction to Law

Name three types of business arrangements governed, at least in part, by private law.

The principle of stare decisis forbids a court from changing a doctrine already established judicially.

A question about a licensing exam for a real estate agent is best answered by going to federal laws.

Judicial review is one means for clarifying the meaning of laws.

In 2006, Congress passed the Pension Reform Act. The act amended the Employee Retirement Income Security Act (ERISA). The act was passed when several companies declared bankruptcy and were discharged from paying their pension obligations to retired employees. Discuss how the Pension Reform Act illustrates the purpose of law and what purposes emerge from the new legislation.

The Code of Federal Regulations includes the enactments of federal administrative agencies.

Union/management laws demonstrate the role of law as a compromiser.

Party autonomy is not permitted in international contracts.

Ordinances are generally found in state legislative codes.

The CISG:

Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server is the property of the company and is not private. Supervisors and managers shall have the right to review such e-mails. Inasmuch as the company is liable for e-mail content, it reserves the right to review it." The policy:

The EU has its own currency.

Which is not an example of private law?

Zoning is an example of private law.

Courts interpret all levels of statutes and regulations.

Which of the following is an example of a law that provides compromises?

Jurisprudence is legal philosophy.

In confirmation hearings of nominated judges and justices, what role may stare decisis play in the questioning of the nominee?

Statutory law exists at all levels of government.

The Uniform Commercial Code (UCC) has been adopted in all 50 states.