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The Role and Function of Law

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The Role and Functions of Law
Alice Richardson
ETH/321
January 11, 2015
Laurie Wicker

The Role and Functions of Law
Michigan Court Structure vs Federal Court
State courts are established by a state and Federal courts are established under the US constitution, they are defined mainly by jurisdiction. The court structures in the state of Michigan and the Federal Courts structure are almost the same. The Supreme Court is the highest for both the state and Federal Courts, and right below that is the court of appeals. Next is where the difference begins, the state of Michigan lower courts consist District Court, Probate Court and Municipal Court -if a case in one of these courts leads to a jury trial it is the moved to a higher court, which is the Circuit Court (Court Statistics Project). Then there is the Court of Claims which is the same level as the Circuit Court, the only difference is that the Court of Claims do not handle jury trials. In the Federal Courts right below the Court of Appeal is the U.S. District Courts (i.e. Bankruptcy Courts, U.S. Court of International Trade, U.S. Court of Federal Claims) and then Military Courts (American Government, 2008-2014).
Judicial Review
The concept of judicial review is to decide whether actions of the executive and legislative branch are legal under the Constitution. Judicial review is important in the US government because it serves as a check on the other branches of government. The Supreme Court also has used judicial review to order federal, state, and local officials to refrain from behaving unconstitutionally.
How laws or regulations affect mortgage industry

I currently work in the banking mortgage industry. The home loan industry now has to adapt to new mortgage rules that offer borrowers much needed protection against lender abuses and reckless lending standards.The mortgage market crash of 2008 led

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