Business Law Today: Comprehensive 8th Edition by Roger LeRoy Miller, Gaylord A. Jentz

By Roger LeRoy Miller, Gaylord A. Jentz

Immersing scholars within the pleasure of interesting new circumstances and the newest advancements within the box, the 7th variation of this winning textbook brings real-world power to the research of industrial law-without sacrificing the criminal credibility and finished insurance that teachers wish in a textbook. scholars reply to every one chapter's visually enticing, carefully-crafted studying instruments, which illustrate how legislations is utilized to real-world enterprise problems-and how landmark circumstances, statutes, and different legislation are having an important impression at the approach companies function within the usa and globally.

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Most administrative actions are resolved through negotiated settlement at their initial stages without the need for formal adjudication. If a settlement cannot be reached, though, the agency may issue a formal complaint and proceed to adjudication. Adjudication Agency adjudication involves a trial-like hearing before an administrative law judge (ALJ). Hearing procedures vary widely from agency to agency. After the hearing, the ALJ renders a decision in the case. The ALJ can compel the charged party to pay a fine or can prohibit the party from carrying on some specified activity.

The term civil law, as used here, refers not to civil as opposed to criminal law but to codified law—an ordered grouping of legal principles enacted into law by a legislature or governing body. In a civil law system, the primary source of law is a statutory code, and case precedents are not judicially binding, as they normally are in a common law system. Although judges in a civil law system commonly refer to previous decisions as sources of legal guidance, they are not bound by precedent; in other words, the doctrine of stare decisis does not apply.

The act also empowers the FTC to hold trial-like hearings and to adjudicate (resolve judicially) certain kinds of disputes that involve FTC regulations. ■ Note that the powers granted to the FTC incorporate functions associated with the legislative branch of government (rulemaking), the executive branch (investigation and enforcement), and the judicial branch (adjudication). Taken together, these functions constitute administrative process, which is the administration of law by administrative agencies.

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