The Legal Environment of Business: Text and Cases
10th Edition
ISBN: 9781337535878
Author: Frank B. Cross; Roger LeRoy Miller
Publisher: Cengage Learning US
expand_more
expand_more
format_list_bulleted
Question
Chapter 1, Problem 1BS
Summary Introduction
Case Summary: A county court in state Illinois is hearing a case on the issue which has not been addressed in the state court before. However, the judgement on the similar factual case was given by the Supreme court of State Iowa.
To Explain: The obligation of Illinois court to follow the decision of the Iowa Supreme Court in the similar case.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
1-1 Binding versus Persuasive Authority. A county court in Illinois is deciding a case inovlving an issue that has never been addressed before in that state's court. The Iowa Supreme Court, however, recently decided a case involving a very similar fact pattern. Is the Illinois court obligated to follow the Iowa Supreme Court decision on the issue? If the United States Supreme Court had decided a similar case, would that decision be binding on the Illinois court? Explain ( See The Common Law Tradition.)
1. How does a persuasive precedent differ from a binding precedent and are courts always bound by such precedents?
a. What are the three main methods in which the doctrine of precedent operates within a legal system?
On July 6, 2015, the US Court of Appeals for the Ninth Circuit declined to extend a controversial appellate ruling from the Second Circuit that raised the bar for prosecutors to secure insider trading convictions where inside information is passed among family members. The twist? The Ninth Circuit's opinion is written by Southern District of New York Judge Jed Rakoff, sitting in the Ninth Circuit by designation. (United States v. Salman, No. 14-10204, (9th Cir. July 6, 2015).)
Maher Kara (Maher) began working for Citigroup's healthcare investment banking group in 2002. Maher regularly disclosed information about upcoming Citigroup client mergers and acquisitions to his older brother, Mounir "Michael" Kara (Michael), who traded on that information. Over time, Michael shared the inside information with Appellant Bassam Yacoub Salman (Salman), who was Maher's brother-in-law and close friends with Michael. Michael also encouraged Salman to replicate his trading activity.
Michael and Salman…
Chapter 1 Solutions
The Legal Environment of Business: Text and Cases
Knowledge Booster
Similar questions
- In Kelo v. New London (mentioned in Chapter 12 on p. 429), the U.S. Supreme Court made one of its most controversial decisions in the last 20 years; in a brief summary, the Court dramatically expanded the meaning of the phrase “for public use.” Please find and read the actual Kelo case, both the majority and the dissenting opinions, and please indicate in a one to two-page, double-spaced paper, what the majority and dissent ruled and why, and whether you agree with the majority or dissent, explaining your rationale. Make sure to discuss relevant legal principles as appropriate.arrow_forwardWhat is the National Conference of Commissioners on Uniform State Laws? A group of experts who develop laws for states to adopt so that laws on specific subjects will be the same from state to state An organization made up of representatives from the legislatures in each state that negotiates changes to state laws intended to standardize state laws A committee of the U.S. Congress whose purpose is to propose how differences in state laws can be resolved A committee of the American Bar Association whose purpose is to recommend to the U.S. Congress how differences in state laws can be eliminated What is the legal concept that rulings made by the highest courts must be followed by lower courts in future cases? Civil law Model laws Stare decisis Restatement of the lawarrow_forward1 Discuss the distinguishing factors between Jooste v Score Supermarket Trading (Pty) Ltd (Minister of labour intervening) (1999) 2 BCLR139 (CC) and Mankayi v AngloGold Ashanti Ltd (2011) 6 BLLR 527 (CC) decisions insofar as claims for compensation is concerned. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forward
- The Supreme Court of State G decided that the U.S. Constitution requires professors to warn students of their right to remain silent before questioning the students about cheating. This ruling directly conflicts with a decision of the Federal Court of Appeals for the circuit that includes State G. a. Must the Federal Circuit Court of Appeals withdraw its ruling? b. Must the Supreme Court of State G withdraw its ruling?arrow_forwardFind a case with the following citation: 792 F.3d 1146. Assume your client lives in Maine that this case is relevant to your clients issue. Is this case authoritative for your client?a. Yes, as long as the facts of the case are identical to the facts of your clients case. b. Yes, as long as the facts of the case are similar to the facts of your clients case.c. No.d. No, but only because the case is over five years old, and therefore no longer good law.e. Unable to tell from the fact given in this question.arrow_forwardThe doctrine of precedent is binding on all courts from county courts to the U.S. Supreme Court. a. True b. Falsearrow_forward
- 1) A black firefighter alleges that each time he is transferred from one fire station to another, he must take his bed with him, on orders of the fire chief. The fire chief defends on the basis that it is a legitimate decision because white firefighters would not want to sleep in the same bed in which a black firefighter slept. Is this illegal under Title VII? Explain 2) A white college receptionist is fired when it is found that she told a black college applicant that the applications for admissions are distinguished by race by the notation of a small Rh in the corner of black applicants’ applications.”Rh,”she says, is her supervisor’s term for “raisin heads, “which he calls African-Americans. Is this employee entitled to reinstatement? 3) jose and Cesar, both Hispanic, are carpenters employed by a contractor to help build an office building in Maryland. While working, Jose and Cesar discover that they are being paid less than non-Hispanic employees. In addition, they allege a hostile…arrow_forwardFederal courts derive their legal power to hear civil cases from which of the following sources? All of these are correct federal question jurisdiction jurisdiction when the United States is a party diversity jurisdictionarrow_forwardComp 1. is a law developed by judges, courts, and similar tribunals. Over time, the decisions in individual cases establish precedents for future cases: A. Common Law B. Tort Law C. State Law D. Federal Law E. Local Law iş the area of tort law in which product manufacturers 2.arrow_forward
- Does the concept of judicial interpretation of the law mean that judges can make whatever law they wish? And, how can courts remain flexible, if they are required to follow precedent?arrow_forwardWrite short notes about the importance of the following cases - (i) (ii) (iii) Mankayi v AngloGold Ashanti Ltd (2011) 6 BLLR 527 (CC); Mahlangu v Minister of Labour [Case NO.79180/15]; and Jooste v Score Supermarket Trading (Pty) Ltd (Minister of Labour Intervening) (1999) 2 BCLR 139. (iv) The UIA provides a few benefits including the unemployment insurance fund or commonly known as the UIF. However, some employees who ordinarily qualify in terms of the Act may under certain circumstances not be eligible to claim it. List those circumstances.arrow_forwardDecide whether the cases below would describe original or appellate jurisdiction. Is it the first time the case is being heard or is the case being reviewed by a higher court (second or third time)? Write "original" or "appellate" next to each case. Court Case Original or Appellate? 1. Tom is accused of shoplifting a CD from a music store so he must go to court. 2. A cashier was found guilty of stealing money but she thinks the evidence against her was seized illegally. She asks a higher court to review her case. 3. After reviewing a lower court ruling, the Supreme Court decided Mrs. J had received an unfair trial. 4. Kanye West was arrested for egging someone's house. ||arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage Learning
Accounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education