Chapter 1 Business Law – Ethics – Flashcards

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constitution
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principles by which the government operates
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common law
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adopted from English law, unwritten law
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precedent
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justification for cases to come
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statutes
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permanent law
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legislature
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elected officials to change and make laws
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unconstitutional
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inconsistent with the constitution
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administrative law
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bodies of rules and principles that govern administrators
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morality
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involves the values that govern a society's attitude toward right and wrong
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ethics
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means for determining a societies values ought to be
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honesty
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is being truthful and open with others
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justice
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is treating others fairly and equally
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compassion
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being sympathetic to the difficulties of others
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integrity
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is doing what is right no matter what the personal consequences are
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law
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system and rules established by the government of a society in order to maintain stability and justice
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What is administrative law and why is it a thing?
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Administrative agencies are created by the federal Constitution, the U.S. Congress, state legislatures, and local lawmaking bodies to manage crises, redress serious social problems, or oversee complex matters of governmental concern beyond the expertise of legislators.
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Justice is blind means what?
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Justice is blind means that since lady justice has a blindfold on, this shows metaphorically that justice does not see color, money, religion, etc.
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