Examlex
Key Terms
Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
iron law of wages
Federal Preemption
Federal preemption refers to the principle that federal law takes precedence over state laws in cases where both could apply.
Interstate Commerce
Commercial transactions or movement of goods and services across state lines, which are subject to federal regulatory oversight.
Actual Malice
A legal standard requiring proof that a statement was made with knowledge of its falsity or with reckless disregard for the truth, particularly in defamation cases involving public figures.
Public Figure
An individual who has gained fame or notoriety in the public sphere, thus subjecting them to reduced privacy rights and increased scrutiny under defamation law.
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