Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
1.
(p. 2)
Business law consists of the enforceable rules of conduct that govern commercial
relationships.
2.
(p. 2)
Because of the law, we rely on the goodwill and dependability of one another.
3.
(p. 2)
Public law controls disputes between private individuals or between groups and their
government.
4.
(p. 4)
Cyberlaw is based primarily on existing laws.
5.
(p. 5)
Another name for case law is common law.
6.
(p. 5)
Case law interpretations are law unless they are revoked later by new statutory law.
7.
(p. 6)
The term "stare decisis" means "reversing the decision."
8.
(p. 6)
The decision of a state supreme court is binding on a lower state court located in the
state.
9.
(p. 7)
Constitutions and statutes are complete in the sense of covering the detailed rules that
affect government and business relations.
10.
(p. 8)
Presidents claim the power to issue executive orders on the basis of their Article II,
Section 1, constitutional power to "take care that the laws be faithfully executed."
11.
(p. 9)
The term "natural law" is another word for "legal positivism."
12.
(p. 5)
Joan comes to Mike's law office to ask him about the law in regard to dogs running at
large in her neighborhood. Mike tells Joan that he will research the issue and get back with her.
Where should Mike look first in order to locate applicable law?
13.
(p. 12)
Which of the following refers to the ability to understand the structure of what someone
is saying and then apply a set of criteria to evaluate its worth?
14.
(p. 3)
Which of the following would be relevant areas of business law to a human resource
manager?
15.
(p. 2)
Laws are enforced by which of the following?
16.
(p. 2)
A majority of citizens in a democracy can agree to permit certain authorities to make and
enforce rules describing what behavior is permitted and encouraged in their community. These
rules are what we refer to as the ______.
17.
(p. 2)
Assume a business person who owns a computer equipment store is delinquent in paying
rent to the landlord. The resulting dispute focuses on _____ law.
18.
(p. 2)
If a computer store dumps waste behind its building in violation of local, state, or federal
environmental regulations, the resulting dispute focuses on _____ law.
19.
(p. 2)
Which type of law delineates the rights and responsibilities involved in relationships
between persons and their government?
20.
(p. 2)
Which type of law involves incidents in which someone commits an act against the public
as a unit?
21.
(p. 2)
Assume a restaurant chain is forced to pay damages for breach of contract to a supplier.
What type of law is involved?
22.
(p. 2)
Assume the Securities and Exchange Commission prosecutes someone for insider
trading. This prosecution is an example of _____ law.
23.
(p. 2)
Which of the following is true regarding Susan's claim against Bob for damages involving
the book and her claim that Bob maliciously had her arrested?
24.
(p. 2)
The prosecution against Susan for slapping Bob involves which of the following?
25.
(p. 2)
The action Bob has against Betty for defamation involves which of the following?
