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Common Law
A body of law derived from judicial decisions of courts and similar tribunals, rather than from statutes or written legislation.
Statutory Law
Law established by enacting statutes or legislation, as opposed to common law or case law.
Binding Precedent
A legal principle established in a previous case that must be followed by all lower courts in the same jurisdiction in cases with similar circumstances.
Case Citation
A reference that allows people to find a particular court's decision in the legal sources where it is published.
Q12: A partial liquidation occurs when only a
Q16: The assignment of income doctrine allows one
Q21: Qualified deferred compensation plans have the following
Q33: Cliff is married and files a joint
Q37: Wendell purchased a computer system for $6,000
Q54: The more-likely-than-not standard<br>A) is based on a
Q56: Brianna received 600 shares of her employer's
Q60: Which of the following may not be
Q86: Natalie, a partner in a real estate
Q90: Four shareholders form a new corporation in