Law Cheat Sheet

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laws governing how to start,

all

buy as well as sell or close any

manage,

type.

business

law establishes rules for all

Business

from a licensed attorney.

advice

branch of law includes federal and

This

regulations.

is also considered as commercial law

It

and business.

commerce

is considered a branch of civil law

This

private law.

and

regulates hiring practices, corporate

It

of consumer goods.

manufacture

countries have adopted civil

Numerous

about business law.

statements

also refers to laws that apply to

This

convention or

agreement,

or national legislation

international

in commercial matters.

individuals

law falls into two areas: the

Business

by company laws,

regulation

agency and bankruptcy.

partnership,

with the duties, legal rights,

dealing

liabilities involved in any

parties

commerce.

deals with legal aspects like laws of

It

insurance laws such as

indemnity,

insurance, fire, life and

accident

partnership laws, partnership

marine,

much more.

and

numerous divisions.

has

law is a commerce law

Business

explains the duties, liabilities,

It

as well as legal obligations of

rights

involved in sales contracts,

parties

and other kind of

purchase

or business.

activity

also includes laws on intellectual

It

such as copyrights,

property,

patents and others. It

trademarks,

consumer protection law.

includes

law applies to any person who

The

business of his own.

a

law deals with finance law,

Business

LAW CHEAT SHEET: THE MOST IMPORTANT DEFINITIONS FOR EACH OF THE BRANCHES

BUSINESS LAW

It encompasses all laws dictating how

It is also called commercial law, which

to run and form a business. It includes

is the body of riles, whether by

that governs the dealings between

agreement or contract entered into

that is related to any commercial

businesses that they should follow. A

businessperson should be familiar with

commercial transactions regulation

business laws and to know when to get

by contract laws as well as related

fields and the commercial entities

state laws as well as administrative

Business law is a branch of law

has a plan on starting or is opening

and it is a body of law that governs

business transactions that are related

banking law and other essential

to sales, merchandising, trade and

civil laws.

dealing with both issues of public law

agent and principal, carriage by land

contracts as well as sales and

or sea, laws of guarantee and

codes containing comprehensive

Business law is a broad term and it

business entities like corporations and

partnerships.

dealing with all aspects of entering

into purchasing or selling agreements.


with a certain criminal statute,

adhere

or he commits a criminal act

she

she or he breaks the law.

because

law is different from the civil

Criminal

of imprisonment and rights.

forfeiture

law main theories include

Criminal

the perpetrator, deter crime,

reform

retribution for such act as well as

give

further crimes.

prevent

law is a body of statutes or

Criminal

well as welfare.

as

law establishes certain

Criminal

of such acts.

commission

term criminal law refers to

The

criminal laws.

substantive

misdemeanor is a misconduct,

A

it is considered a part of

infractions,

criminal law.

the

charges on transactions,

involving

estates, licenses, income and

property,

for benefit of state.

persons

law covers payment of taxes

Taxation

either indirectly or

government,

Indirect taxes are being

directly.

that meant to be consumed.

products

taxes are those being paid to

Direct

income and personal

property,

property.

ranges from local government level,

It

other municipalities and cities,

like

townships and countries to

districts,

federal and regional levels.

state,

transit districts and

companies,

schools.

When it comes to federal tax

Note:

this law is being administered by

law,

political.

and

law is a legal study area that

Taxation

with common-law,

deals

tax treaty, statutory as

constitutional,

law the is applicable to taxation.

the

law schools, taxation law is an area

In

of services and goods,

exchange

and money. It includes

properties

actions limitations,

obligations,

freedom, contract privity,

contract

and commercial paper.

contract

law is concerned with

Contract

LAW CHEAT SHEET: THE MOST IMPORTANT DEFINITIONS FOR EACH OF THE BRANCHES

TAXATION LAW

LAW

CRIMINAL

refers to body of laws that applies

It

Taxation law covers the policies, laws

The law area includes tax code that

to criminal acts. If a person fails to

and rules that oversee tax process

has been used often for objectives

aside from raising revenue, like

meeting social agendas, economic

other by government. It includes

duties on imports from other

countries all other necessary levies

law because criminal law involves

imposed by government upon

well as regulatory rules constituting

to minimum of four levels of

of specialist study and sub-discipline.

assessed against services and

rules defining conduct that is

LAW

CONTRACT

is a body of law governing written

It

prohibited by a government because

it harms and threatens public safety

and oral agreements associated with

the government and being imposed

against things, such as real or land

topics like nature of contractual

punishment that will be imposed for

contract termination as well as covers

agency relationships, employment

wherein the law prescribes

punishment of not more than 1 year

This law includes agencies, utility

of imprisonment. For lesser offenses

supporting social institution of

exchange.

like parking infractions and traffic

Criminal law deals with law of crimes

Internal Revenue Service, a bureau of

and their punishments.

United States Treasury.


contracts.

the United States, civil law has two

In

civil law refers to a legal

meanings:

prevalent in Europe based on

system

The other meaning is that civil

codes.

refers to body of laws that govern

law

to government and public.

related

France, civil law is being set forth in

In

Civil Code of 1804.

French

law is a rules body defining and

The

used in the case of disputes.

be

is from ancient Rome laws that

It

matters.

United States, civil law is like judge-

In

outcomes.

cases

law is part of the country set of

Civil

and marriage.

ownership

law is a law system based on

Civil

canon law and common law.

from

America, civil law is body of

In

References

https://study.com/academy/lesson/what-is-

criminal-law-definition-purpose-typescases.html

https://legaldictionary.thefreedictionary.com/Criminal+Law

https://www.merriamwebster.com/dictionary/criminal%20law

https://study.com/academy/lesson/what-isbusiness-law-definition-overview.html

https://en.wikiversity.org/wiki/Business_Law

http://www.quizlaw.com/what-is-business-law/

http://www.gclawnc.com/blog/what-isbusiness-law-what-are-the-features-of-

business-law

https://www.hg.org/tax.html

https://en.wikipedia.org/wiki/Tax_law

https://legal-

dictionary.thefreedictionary.com/civil+law

https://legaldictionary.net/civil-law/

https://www.collinsdictionary.com/dictionary/e

nglish/civil-law

http://www.businessdictionary.com/definition/c

ontract-law.html

https://study.com/academy/lesson/contractlaw-terms-definitions-contract-types.html

LAW CHEAT SHEET: THE MOST IMPORTANT DEFINITIONS FOR EACH OF THE BRANCHES

LAW

CIVIL

law is a body of rules delineating

Civil

Civil law is a body of laws governing

private remedies and rights. It

ordinary private matter, which are

governs disputes between persons in

separate from laws that are presiding

areas like property, family and

over political, military, or criminal

made and common law relaying on

court decisions in determining the

written codes. In this sense, civil law is

being contrasted with common-law

laws that concerned with citizens

system that used in England and

private affairs, such as property

United States relying on prior case

law in resolving dispute than written

Roman system that is distinguished

disputes between persons as opposed

to people governing offenses that are

codified law developed from Roman

law and enforceable in American

nations and Europe.

protecting the citizens’ private rights

that offer legal remedies, which can

being used in doctrines in developing

a code that finds out “how the legal

issues could be decided”.

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