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Legislative rules by an administrative agency do not have the force of law.

Under the stakeholder model, a derivative of the social contract theory, a corporation has fiduciary responsibilities to more than just its stockholders.

Judges who serve in the U.S. Courts of Appeals receive lifetime appointments from the President, subject to confirmation by the Senate.

The difference between an express contract and an implied in fact contract is the manner in which the parties manifest assent.

All systems of ethics have a central authority and follow clear-cut, universal standards.

In a sale of goods, the seller’s tender of performance does not have to conform to the Code’s perfect tender rule.

In the Arrowhead School District No. 75, Park County, Montana, v. James A. Klyap, Jr. case, the court found the liquidated damages clause was void as a penalty because it was unreasonable and unduly oppressive.

The U.S. District Court is the appeal level court in the federal court system.

Ethics can be defined broadly as the study of what is good or right.

As societies become more complex, Spencer argued this complexity needs to be overseen and coordinated by which institution?