Identify and discuss the primary sources of contemporary U.S. law


The primary sources of U.S. law include:
1 . United States Constitution (the supreme law of the land) and state constitutions, which establish state governments;
2 . Statutes, which are drafted by the legislatures;
3 . Common law, which is the body of cases decided by judges, as they follow earlier cases, known as precedent;
4 . Administrative law, the rules and decisions made by federal and state administrative agencies.

Business

You might also like to view...

______ is the act of forcing ourselves to see people and situations only in certain ways.

Fill in the blank(s) with the appropriate word(s).

Business

A common law lien essentially includes:

A. possession by the improver as well as debt created by the improvement. B. possession by the court. C. a debt to the court created by the failure of a surety to pay a creditor. D. an improvement which does not become a part of the property.

Business

The general price level of goods and services in a nation is steadily increasing. This is known as ______.

A. a negative balance of trade B. deflation C. inflation D. nominal GDP E. a recession

Business

A normally distributed random variable has a mean of zero and a standard deviation of one

Indicate whether this statement is true or false.

Business