LAW-2150 Lecture Notes - Lecture 1: Uniform Commercial Code, Uniform Act
Document Summary
Setting forth the fundamental rights of the people living within the united states or a given state, describing and empowering the various branches of government, and prescribing limitation on that power. Enacted by congress or the legislature of a given state and ordinances adopted by a given locality; a given stature may be based on a uniform law (e. g. the. Uniform commercial code) or on a model act (e. g. the model business. However, each state is free to depart from the uniform law or model act as it sees fit. Promulgated by federal, state, and local regulatory agencies. The body of judicial decisions that interpret and enforce any of the foregoing as well as those relationships among individuals or between individuals and their society which are not subject to constitutional, statutory, or administrative law. Common law courts were called courts of law or courts of equity . Courts of law- only awards money to wronged parties.