Business Law: Concluding Thoughts — Courts, Government, and Jurisdiction

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Judicial review Any federal court can hold any act of the President or Congress unconstitutional; makes the Supreme Court an equal branc

DEFINITION The authority of a court to hear a particular type of case.

EXAMPLE OF A FEDERAL LIMIT The federal government cannot tax interstate exports.

TORTS DEFINED Any civil wrong other than a breach of contract; includes situations where people or businesses suffer legal injury. Tor

PURPOSE Allows a party who fears a "home court advantage" to seek a neutral federal forum.

EXAMPLE A citizen of one state suing a citizen of another state over a contract dispute worth more than $75,000 can file in fede

Both federal and state systems have a hierarchy Trial courts at the bottom, appellate courts above them.

ROLE Review trial court decisions for legal errors; determine if parties received a fair trial and if the correct law was app