Business and the Legl Env

Define each term in each parts. Provide examples if you can so I can understand them.

Part 1:

Law, Sources of law, Hierarchy of laws

Precedent, Remedies

Part 2 :

Jurisdiction: personal, property, subject matter, federal court

Standing, Venue

Part 3 :

Litigation, Negotiation, Mediation, Advantages of ADR

Arbitration: Federal Arbitration Act, Arbitration process, Setting aside arbitration award, Court-annexed arbitration

Part 4 :

Administrative Procedure Act, Enabling legislation, Limits on agency powers

Administrative Process: Rulemaking, Investigation, Adjudication