LAW 1/25/2017 (1)
• Stare decisis- Following a rule of law
• Common law- Real facts that give way to findings or ruling that can be articulated in a
case and then can be drawn on to apply to a new set of facts
• Code jurisdiction- Being told the law (Louisiana)
• Plaintiff (pi)- negligence
o 1. Duty
o 2. Breach
o 3. Proximity
o 4. Assumption of risk
• Subsequent melioration of a tort situation does not constitute admission
• Profit maximization- most applicable in business
o Businesses will do what they think is the right thing to do based on the
perception that it is the best thing for the company
• CLUE 1:
LAW 2/1/2017 (2)
• One side federal, one side state= federalism
