First Principles of Business Law
Studying the law involves learning many new words and phrases. Read through the list below and check that you know what all these words and phrases mean.
'Civil' and 'criminal' cases
Court of first instance and appeal court
'Case law' and 'law report'
Citation
Common law and equity
Jurisdiction
'Superior' and 'inferior' courts
Material facts
'Ratio decidendi' and 'obiter dicta'
'Binding' and 'persuasive' precedents
Policy considerations
You will find other words and phrases explained in the glossary in the First Principles of Business Law textbook.