LEGL 2700 Study Guide - Final Guide: Jeremy Bentham, Equal Protection Clause, Legal Realism

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Document Summary

Law - made up of rules laid down by the state and backed up by enforcement rule of law - laws that are made generally and equally applicable to all members of society. U. s. is a party 3. state vs state 4. diversity of citizenship diversity of citizenship - all of the plaintiffs are from different states than all of the defendants; at least. S corporation - special tax treatment (taxed more like partnership with pass through taxation rather than double taxation); fewer than 100 shareholders, domestic shareholders, all must be individuals, only. 5th amendment: takings clause - private property should not be take for public use, without just compensation : eminent domain. Penn central vs nyc - penn central wanted to build skyscraper on top of grand central station however historical preservation denies right but then penn central wants compensation due to takings clause,