|
Business Law I
Business Law Test 1 Answers Articles of Confederation (1777) - US Constitution (1789) Declaration of Independece The Articles of Confederation create a confeeral form of government in which states had the authority to govern themselves and the national governemtn could exercise only limited powers. When problems arose in the economy, The delegates drafted the US Constitution. This document was ratified in 1789 became the basis for an entirely new form of government. A Federal Government Federal Powers - Enumerated Powers - are powers that the states dont perform. 10 Admendment tells the powers that the state perfomrs. States have inhereit sovereignty (independence) , that gives them the power to regulate affairs within their borders. Police Powers - states regulatory powers - regulate private affairs, protect or promote the public order, health, safety, morals and general welfare. RELATIONS AMONG THE STATES The privileges and immunities clause - prevents a state from imposing unreasonable burdens of citizens of another state. The full faith and credit clause - Article IV, Section 1 of the US Constitution it assures that the rights estabished under deeds, wills, contracts will be honored by other states. Civil only. SEPARATION OF POWERS Checks and balances that allows eac branch of government to limit the actions of other branches Legislative Branch - Congress makes the law, and can veto laws Executive Branch - responsible for foreign affairs, requires consent of the Senate Judicial Branch - power to hold actions of the other two branches unconstitutional THE COMMERCE CLAUSE Article I Section 8 - Permits congress to regulate commerce with foreign nations and among the states. Under this clause the Federal can superced state laws under this clause. Ex. Medical Marijauana - Federal Pre empts state law. BILL OF RIGHTS Adopted in 1791 - 10 Admendments - Protection for individuals against interference by the federal government - Limits the Federal and State Governmental Actions 1-10 Admendment.
| |||||||||||||