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Module Assignment
Total points=50
Course Objectives:
• Describe the sources of law. (New required SLO)
• Describe and explain dispute resolution and the court systems in the United States. (New required SLO)
Complete the following assignment. Write in complete sentences and with a professional tone. Be sure to check your spelling and grammar.
Part 1: (20 points – 1 point for the definition and 1 point for each sentence = Select 10 terms @ 2 points each) Read and understand the economic/business definition of each of the words listed below.
Select 10 words from the list below. For each of the 10 you selected Define the word and then write one personal sentence to demonstrate your understanding by accurately using the word in the sentence.
1. Business law
2. Constitutional law
3. Statutory law
4. Case law
5. Precedent
6. Stare decisis
7. Trial court
8. Appellate court
9. Voir dire
10. Alternative Dispute Resolution (ADR)
11. Negotiation
12. Mediation
13. Arbitration
14. Binding arbitration clause
Part 2. (30 points- Select 3 questions @ 10 points each)
Select and fully respond to 3 questions from the list below. To earn full credit be sure to fully address each of the 3 selected questions, write in complete sentences and each response should be at least 3 sentences.
1. Describe the structure and functions of the American legal system.
2. Explain how law is developed through statutes, court cases, and executive and administrative agencies.
3. Identify the key elements in the civil litigation process and the major alternatives: mediation and arbitration.
4. Explain the structure of the court system.
5. Describe the purposes and functions of business law.
6. Explain the sources of laws.
7. Describe the steps in civil ligation.
8. Explain the structure of the court system.
9. Define and describe how the various forms of alternative dispute resolution are used by business today.
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