Question

1. What area of law protects the sale of a home?

common law

contract law

statutory law

criminal law

2. With respect to a contract, what does the term “consideration” mean?

Both parties agree to be considerate to one another.

Something of value must be exchanged between the parties.

One party offers valid terms, and the other party accepts those terms.

The terms of the contract are enforceable.

3. Which system of law is a complete set of rules enacted as a single written system or code?

common law

administrative law

civil law

statutory law

Answer 1

1 contract law

2 Something of value must be exchanged between the parties.

3 civil law

Why is the law important?

Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.

How many kinds of Laws?

Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.

• Scientific Laws
• Imperative Laws
• Common Laws
• Criminal Laws

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