Business Law (207) – Flashcards
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English Courts
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Equity (injunctions) Law ($)
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Stare decisis
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judges are obligated to follow previous laws.
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Jurisdiction
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State or Fed?
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City/Small Claims/People's court
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<75K. Person to Person. No lawyers
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Federal Filing
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Two or more states with a value of over 75K
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Hometowned
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Disadvantage from going into an opponents territory.
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Admin Courts
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Bankruptcy Workers comp Construction issues Labor issues
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State structure
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Supreme Court Appeals Court Superior Court Small claims
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Federal structure
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US Supreme Court (Lifetime. No election bias) 13 Courts of Appeal (Lifetime. No election bias) District Court
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State lawmaking
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State legislature creates laws for the state
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Federal lawmaking
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Congress and appointed agencies (sub congress groups to create industry laws)
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Federal Jurisdiction
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Diversity of city/residents $75K+ No federal law in questions OR prevailing issue is a state law All federal laws
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State Jurisdiction
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State law! and pretty much everything not federal and under 75K?
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Long-Arm Statute
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'Joe Smith' goes to a different state and causes damage. Can "grab" him and take him back to Nevada to press charges. Nonresident commits crime in a state, can get "long-armed" into the state's jurisdiction. *You are expected to know the laws of other states.
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Erie v. Tompkins
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Train car case. Charges of negligence Conflicting definition of trespassing and negligence.
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State vs. Fed
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States can give more rights than the fed, but not less
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Rational Basis Test
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Reasonably related to a legitimate government purpose
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Intermediate Scrutiny
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Law must further an important Government interest by means that it is substantially related to that interest.
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Strict Scrutiny
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Law must further a compelling government interest and must be narrowly tailored to achieve that interest
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Right to Privacy
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Warrent and Brandeis Assault, not just battery Harmful odors, sounds, etc.
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Four areas
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Unreasonable intrusion into seclusion of another Public disclosure of private facts False light in the public eye Misappropriation of name or likeness
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Defamation
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hate, ridicule, and scorn
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Libel
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written to a third person
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Slander
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spoken to a third person
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Griswold
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The contraceptives case Supreme court threw out the contraceptive law. DIdn't pass the rational basis test. Couldn't dictate intimate issues between man and wife.
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Bowers
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Supreme court upheld the sodomy law in Georgia. Only applied law to gays -- Equal protection clause? Supreme court justices had personal biases
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Lawrence v. Taylor
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Supreme court reversed bowers. 13 State sodomy laws were thrown out 3rd amendment right to privacy Peoples home is a zone of privacy!
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More Warren/Brandeis
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Expand rights Life & Trespassing (Basic protections) Now rights to image, reputation, noise, smoke, smell, threats (battery) Really expanded the concept of privacy "Your right to be left alone" Basic protections -> Right to be left alone -- All from an article Public disclosure of private facts Unreasonable intrusion of seclusion false light Misappropriation of name or likeness
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Gibbons v. Ogden
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Steamboat case State vs. Federal jurisdiction Commerce clause
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Hustler v. Falwell
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A taste of first amendment Balancing of rights Intent to harm vs. Parody
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Defamation tests
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Public You have put yourself in a position to be critiqued Hate, ridicule, and scorn - "was there malice?" Or acted recklessly Truth is always a defense Private More along the lines of negligence
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5th Amendment
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Takings Clause. REAL PROPERTY
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Real property
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Land. Take it to build something.
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Personal property
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cars, clothes, etc.
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Direct Condemnation
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Takes to build road. Government goes to the court because you think amount is too low Jury determines value you get "Public entity seeks to acquire property"
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Inverse Condemnation
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Government makes laws that makes your property less valuable Like government won't let people mine property "Property owner claims public entity took or damaged property"
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Exaction
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Cities, counties, and states create specific laws
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Partial taking
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take part of your land, not all of your land.
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Mitigation
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the action of reducing the severity, seriousness, or painfulness of something
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Plessy v. Ferguson
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Separate but equal is okay 14th amendment due process. Train cars
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Brown v. Board of Education
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Segregated schools Schools were NOT equal "Substantially equal" Separate but equal is NEVER okay
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Consequentialism
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for of utilitarianism (max pleasure, min. pain -> the masses)
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Deontology
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Rule based ethics
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Virtue ethics
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what you believe to be right?
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WWJD
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Personal/religious beliefs
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Golden Rule
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Treat others how you want to be treated
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IBM
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Made equipment for the Nazi's. Conflict of interest for profit
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Siemens
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Make equipment for Nazi's. Used Jews as slaves to work in factory Built gas chambers... To please shareholders after depression
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Royal Shell
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Oil production in Niger Delta Top 10 wetlands in world Locals pissed. Government corrupt and worked with Shell to silence activists $ for shareholders..
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Cheveron
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Similar to Shell except over a pipeline
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Monsanto
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Agent Orange Vietnam war $180M settlement
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plaintiff
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the party who begins a lawsuit by filing a complaint in the appropriate court
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defendant
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the party against whom a lawsuit is brought
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Constitutional Law
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provides safeguards for the rights of individuals within the state and country. (State and federal constitutions)
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Executive Orders
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legally binding directive issued by the president
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Treaties
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written agreement between two or more countries. Approved by 2/3 of Senate
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Common Law
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body of recorded decisions that courts refer to and rely upon when making later legal decisions.
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Precedent
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a model case that a court can follow when making a similar decision.
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Overruling precedents
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Can't be overruled if set by the Supreme Court
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Case Law
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The effects of court decisions that involve the same or similar facts
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Statutory Law
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Law involving statutes passed by either state or federal legislature
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State Statutes
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States can pass laws as long as they don't conflict with the federal laws
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Ordinance
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Law passed by a local government
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Administrative law
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The body of rules, regulations, and decisions created by administrative agencies (IRS)
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Uniform Commercial Code
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Set of laws that govern various commercial transactions. Bring uniformity to the states
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5 Types of Law
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Constitutional - interpreted by federal courts Civil - rights and obligations of individuals. Criminal - Acts against society Administrative - Concerned with the conduct of governmental administrative agencies. International - Concerned with the conduct of nations
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Moral Law
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Concerned with the unenforceable obligations people have with one another.
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Court Jurisdiction
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The authority of a court granted by a constitution or legislative act.
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Federal Courts
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Supreme Court is the highest. Have jurisdiction: federal statutes OR (2 different states AND 75K+)
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Federal Structure (2)
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Supreme Court | 13 Circuit Court of Appeals | District Courts | US Bankruptcy Court | Claims Court
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District Court Appeals
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If you appeal a district court case, it goes to the 13 Circuit Courts.
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State Structure (2)
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State Supreme Court | State Appellate Courts | General Trial Courts | Family Law Courts, Small Claims, Probate
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Express Powers
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Those that are specifically stated in the federal constitution
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The Uniform Commerce Code has been adopted, at least partly, by all 50 states
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True
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The State of Louisiana had earlier been a Spanish territory, and therefore, has greatly been influenced by the Spanish civil laws.
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False
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The Uniform Commercial Code is a set of laws governing various commercial transactions that is designed to bring uniformity to the laws of the states.
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True
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Many legal obligations are based on moral obligations, but not all moral obligations are legally enforceable.
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True
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A court has appellate jurisdiction if it has the authority to hear appeals from other courts.
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True
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Federal district courts have original jurisdiction in cases in which the parties are residents of different states and the amount involved in the dispute is greater than $75,000.
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True
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There are 50 federal circuit courts of appeal, one for each state.
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False
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The person against whom a lawsuit is brought or who is charged with a violation of the law is called a:
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defendant
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State laws require that barbers and pharmacists pass examinations to be:
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licensed to practice
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The principles and ideals that protect individual liberty and freedom are incorporated in the:
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Constitution of the United States
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A law that is passed by a local government, such as a city council, is often called a(n):
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Ordinance
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Statues are laws enacted by
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state and federal legislature
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The authority or power of a court to hear cases, as granted by a constitution or legislative act, is known as the court's:
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jurisdiction
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Courts that are given the power to hear only certain kinds of cases have:
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special jurisdiction
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The U.S Supreme Court hears appeals from the:
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highest state courts
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The Constitution gives Congress the power to regulate commerce.
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True
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The Constitution divides governmental power between the federal and state governments.
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True
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The Constitution provides for shared power among national, state, and local government
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True
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The Bill of Rights protects the citizenry from abuses of power in the public and private sectors
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False
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The Due Process Clause of the Fourteenth Amendment incorporates the personal freedoms guaranteed by the Bill of Rights, and protects them against intrusion by state governments.
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True
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The First Amendment maintains a separation between church and state.
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True
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The state cannot, for the most part, regulate the context of speech. On the other hand, the state does have greater authority to regulate the content of speech.
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false
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The defense of the First Amendment is available to government employees if their complaints are offered in the employment context.
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false
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Commercial speech receives greater protection under the Constitution than political speech.
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false
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The exclusionary rule provides that evidence secured in violation of the Fourth Amendment may not be used against a defendant at trial.
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True
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Article I of the United States Constitution:
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creates Congress and enumerates its powers
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Which of the following provides for amendments to the Constitution?
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Article V
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Article I, Section 8, Clause 3 of the Constitution:
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Congress power to regulate commerce
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Which of the following sets up the executive branch, headed by the President?
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Article II
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Which of the following statements about the Constitution is true?
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The Constitution was designed to protect the citizenry from the government
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Identify the correct statement about the duties of Congress.
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It has the sole power to legislate at the federal level
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Federalism
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The Constitution's provision for shared power among national, state, and local governments.
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First Amendment
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forbids the establishment of an official state religion and undue state interference with religious practice.
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Which of the following statements about freedom of speech is true?
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The state can regulate the context of speech.
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The _________ Amendment provides that the right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause.
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Fourth
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The Fourth Amendment prohibits all warrantless searches.
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False
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The Fifth Amendment prohibits the taking of private property for public use without just compensation for the owner.
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True
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Regulatory takings normally do not require government compensation.
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True
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The Due Process Clause of the Fifth Amendment forbids the government to deprive citizens of life, liberty, or property without due process of law.
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True
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Procedural due process means that the government must provide a fair procedure including "notice" and a "fair hearing" before taking an action affecting a citizen's life, liberty, or property.
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True
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The ________ provides that, as a matter of due process, no evidence secured in violation of the Fourth Amendment may be admitted as evidence in a court of law.
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Exclusionary rule
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The Warrant Clause of the Fourth Amendment:
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protects commercial buildings as well as private homes from unauthorized searches.
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Which of the following statements about the Fifth Amendment is true?
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it prohibits the taking of private property for public use without "just compensation" for the owner
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If the government takes all of the economic value of a property or permanently physically invades the property, the taking requires just compensation unless the government is preventing a nuisance, or the regulation was permissible under property law at the time of the purchase of the property. This type of regulatory taking is referred to as ______.
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Total taking
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A situation where the government allows land development only if the owner dedicates some property interest is called a(n) ______.
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exaction
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A regulatory taking where the government allows land development only if the owner dedicates some money to the government is called a(n) _______.
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mitigation
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Which of the following is true regarding the Due Process Clause of the Fifth Amendment?
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The Due Process Clause in the Fourteenth Amendment applies to the states.
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By judicial interpretation, the Fourteenth Amendment Due Process Clause:
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absorbs the fundamental liberties of the federal Constitution and prohibits state laws that abridge fundamental liberties.
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Which of the following means that the government must provide notice and a fair hearing before taking an action affecting a citizen's life, liberty, or property?
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Procedural due process
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________ provides that no state shall "deny to any person within its jurisdiction the equal protection of the laws".
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The Fourteenth Amendment
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Federalism (1)
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the system of government
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Separation of Powers
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Government split into three branches
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Implied Powers
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Those that have arisen as a result of interpretation of the express powers by the courts
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Bill of Rights
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First 10 amendments to the constitution
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Judicial Review
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The process of deciding if a law is contrary to the constitution
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Doctrine of Preemption
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If state or local laws are inconsistent with the federal laws, the federal laws must be followed
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The Commerce Clause
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Article 1, Section 8, Clause 3 Congress has power to regulate trade with foreign nations, among the several states, and with indian tribes.
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Full faith and credit
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Mandates each state respect and enforce the judgements of courts in other states
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Supremacy Clause
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Requires state judges to follow federal law in the even of a conflict with state law
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"Commerce"
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Movement or exchange of persons, goods, or information between states
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First Amendment (1)
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Freedom of Speech Freedom of the Press The establishment and free exercise clause relating to religion
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Second Amendment (2)
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Right to bear arms
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Fourth Amendment (4)
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The right to be secure in your own home! Government officials must have probable cause to conduct person or property search. *Detention of longer than 48 hours *Nonconsentual drawing of blood *Gathering fingerprint evidence
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Fifth Amendment (5)
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Double jeopardy, Self incrimination, Due process, Eminent domain
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Double Jeopardy
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Does not allow a court to try a criminal defendant more than once for the same offense
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Self Incrimination
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Gives individuals rights to refuse to divulge information that could be used against them. - Any legal hearing (criminal, civil, judicial, or administrative)
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Due Process
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All people must be granted both procedural and subtantive due process
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Procedural due process
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People must receive a notice of the subject matter, time, and place where proceedings will take place.
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Substantive due process
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Government must not unreasonably interfere with an individuals life, liberty, or property rights.
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Eminent domain
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Permits the government to take private property, real or personal, for a public purpose so long as the owner receives just compensation.
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Eighth Amendement (8)
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No excessive bail, proportionate punishments, no unjustly fines.
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14th Amendment
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No STATE shall deprive people of due process. Must pass equal laws. Rational basis test, and intermediate and strict scrutiny.
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16th Amendment
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Power to tax individuals. Created the IRS
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Sarbanes-Oxley
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Federal statute to monitor financial dealings and disclosures of firms
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Ethics
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the philosophical study of what is right, wrong, good, bad.
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Morals
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beliefs about behavior as judged by society
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Values
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beliefs or standards considered worthwhile, which a society derives its moral rules
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Stakeholders
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People or groups who may be affected by a firms actions or decisions
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Foreign Corrupt Practices Act
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Prohibits American firms from bribing foreign officials.
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Whistleblowing
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A person who reveals a wrongdoing to the public or someone of authority.
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Three serious crimes
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treason, felony, misdemeanor
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Treason
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Levying of war against the united states or giving aid and comfort to the nations enemies
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Felony
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Crime punishable by death or imprisonment in a federal or state prison for a term exceeding a year. Murder, arson, larceny, bribery, and embezzlement
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Misdemeanor
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Punished by a fine and/or imprisonment for less than a year.
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White Collar Crime
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Crimes that do not typically involve force or violence against businesses. Embezzlement, fraud, insider trading, etc.
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RICO
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Racketeer Influenced and Corrupt Organizations Act of 1970. Help prosecute the leaders of organized crime.
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Securities Fraud
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Firm or broker provides false information to potenital nvestors.
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Ponzi scheme
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Newer investors to pay off older investors
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Arson
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Willful or malicious act of causing the burning of property belonging to another person. Including the destruction by the owner in the case of "burning to defraud"
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Larceny
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Most types of theft. Petty or Grand depending on the value of the item stolen
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Robbery
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taking of someone else's possession with force.
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Hijacking
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stealing from a vehicle in transit or the vehicle itself.
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Shoplifting
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stealing merchandise from a retail store
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Burglary
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illegal entering of another persons preimsies for the purpose of committing a crime.
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Bribery
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giving or taking money or property of value with the intent of influencing someone.
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False Pretenses
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Intent to deceive. Get something by making false claims -- Getting a loan.
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Forgery
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False writing or alteration with the intent to defraud.
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Perjury
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Giving false oral or written statements
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Embezzlement
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Wrongful taking of money or other property that has been entrusted to a person as a part of his or her job
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Extortion
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Taking or demanding money by force, threats of force, or economic harm.
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Other business related crimes
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Credit Card Fraud and Identity theft
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Federal Corruption Protections Act
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Holding americans accountable for corruption and other acts abroad "Greasing the wheels of success" - A company can grease to get things done Examples: Shell Oil & Chevron
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Terry v. Ohio
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Search and seizure Can you be searched without proof you've committed a crime? * was the situation dangerous
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US v. Leon
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Search warrant given by "Impartial Magistrate" Probable cause "More likely than not" Good faith clause to the exclusionary rule
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Miranda v. Arizona
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No rights read to Miranda Evidence was there Without the 5th amendment right to avoid self-incrimination and the 6th amendment right to an attorney
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SIVA
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Search Incident to a Valid Arrest Search you get after you are arrested to make sure you don't have any weapons in police custody