Business Law: Exam Questions
Exam for Business Law
84 questions
Jurisdiction –the power to hear and decide a case. Has multiple dimensions.
Appellate jurisdiction – the authority of a court to review a prior decision in the same case but made by another court
Original jurisdiction – the authority of a court to hear and decide a dispute in the first instance
Trial courts
Supreme court of the US is in some instances an original jurisdiction court
Treaties is an example of when supreme court
Personal jurisdiction – inpersonam jurisdiction – means court passes jurisdiction over to the persons handling the business
Bankruptcy can only go to a bankruptcy courts
Long arm statutes – negotiation between states in which a nonresident person or entity who would otherwise not fall in the jurisdiction of a court may be required to appear before that court
Inrem jurisdiction – courts have personal jurisdiction over disputed property located within the county district or state that the court is situated
Subject matter jurisdiction – the authority of the court to hear or decide a particular dispute in court
Civil systems = no jury trial
A plaintiff must have standing (sufficient personal stake in the outcome of a dispute and that stake must be based on threatened or actual injury due to a defendants actions) must have justiciable controversy
Justiciable controversy – real and subsitive controversy
Look at book for federal question and jurisdictable amount
American court system 3 letters
1) Trial court – litigation
2) Intermediate reviewing courts -
3) Final reviewing courts
Exam review
What differentiates a law from a rule?
Asked to list at least 6 functions of law
Identify 3 disadvantages of the doctrine of stare decisis
5 advantages of the doctrine of stare decisis
Stages of music hall case
1) Is the case a civil case or a criminal case
2) It is a blank case because of _______
Do appellate courts hear new evidence and testimony?
The link between elements when a court has the power to review
84 questions
Jurisdiction –the power to hear and decide a case. Has multiple dimensions.
Appellate jurisdiction – the authority of a court to review a prior decision in the same case but made by another court
Original jurisdiction – the authority of a court to hear and decide a dispute in the first instance
Trial courts
Supreme court of the US is in some instances an original jurisdiction court
Treaties is an example of when supreme court
Personal jurisdiction – inpersonam jurisdiction – means court passes jurisdiction over to the persons handling the business
Bankruptcy can only go to a bankruptcy courts
Long arm statutes – negotiation between states in which a nonresident person or entity who would otherwise not fall in the jurisdiction of a court may be required to appear before that court
Inrem jurisdiction – courts have personal jurisdiction over disputed property located within the county district or state that the court is situated
Subject matter jurisdiction – the authority of the court to hear or decide a particular dispute in court
Civil systems = no jury trial
A plaintiff must have standing (sufficient personal stake in the outcome of a dispute and that stake must be based on threatened or actual injury due to a defendants actions) must have justiciable controversy
Justiciable controversy – real and subsitive controversy
Look at book for federal question and jurisdictable amount
American court system 3 letters
1) Trial court – litigation
2) Intermediate reviewing courts -
3) Final reviewing courts
Exam review
What differentiates a law from a rule?
Asked to list at least 6 functions of law
Identify 3 disadvantages of the doctrine of stare decisis
5 advantages of the doctrine of stare decisis
Stages of music hall case
1) Is the case a civil case or a criminal case
2) It is a blank case because of _______
Do appellate courts hear new evidence and testimony?
The link between elements when a court has the power to review