US Law Is Based Primarily on English Common Law, Based

question 19

Short Answer

U.S. law is based primarily on English common law, based on the concept of _____ where there is an example set by the decision of an earlier court for similar cases or similar legal questions that arise in later cases.

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Definitions:

Shared Community

A group of individuals with common interests, values, or goals who collaborate and support each other.

Organizational Ethics

The principles and standards that guide behavior within the context of a business or organization.

Value-Based Management

A management approach that ensures corporations are run consistently on values that maximize the value for shareholders.

Normative Guidance

Principles or recommendations based on norms or standards intended to direct or influence behavior and decision-making.