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1. The executive branch of the government is responsible for overseeing the legal system.
2. The U.S. court system is organized solely at the federal and state levels.
3. Trial courts hear cases involving criminal and civil law.
4. Criminal law defines crimes, establishes punishments, and includes payment for personal
injury.
5. Laws regulating marriage and the payment for personal injuries are part of our body of
civil law.
6. Laws regulating marriage and personal injury liability are part of our body of criminal law.
7. Business law creates the legal framework for the enforcement of criminal statutes.
8. Appellate courts hear the appeals of decisions made at the trial court level brought by the
losing party in the case.
9. Businesses today prefer to have the government set the standards for acceptable
behavior.
10. Business law refers to a body of regulations that, when enforced, provides a framework
within which business may be conducted.
11. Business law is enforceable by the courts.
12. The government's involvement in governing the behavior of business people seems to be
increasing.
13. Statutory law refers to written legislation.
14. Common law is the body of law established through legislative action by Congress.
15. Common law is based on the precedent of earlier court decisions.
16. The language used in statutory law often requires interpretation by the courts.
17. Lower courts must abide by the precedents set by higher courts.
18. Administrative agencies actually have a greater impact on businesses than courts do.
19. Administrative agencies are given the power by Congress to pass rules and regulations
within a specific area of authority.
20. The Federal Trade Commission enforces laws and guidelines regarding unfair business
practices.
22. Public utility commissions are federal agencies.
23. Congress is responsible for passing legislation that is enforced by the judiciary.
24. Congress prohibited discrimination against people with physical disabilities when they
enacted the Americans with Disabilities Act. This is an example of common law.
25. Decisions made by judges in previous cases are an important part of common law.
26. Big Buxx National Bank has decided to change its advertising campaign. In the new
campaign it will announce that the bank has the lowest bank fees in the country even though it
27. The Maricopa County Planning Commission is an example of a local administrative
agency. It oversees land-use proposals and other long-range issues in Maricopa County, Arizona.
28. The Federal Trade Commission issues and interprets rules and regulations regarding
business activities. The Federal Trade Commission is a governmental administrative agency.
29. A public utility commission sets rates that can be charged by various public utilities to
prevent unfair pricing by regulated monopolies. These public utility commissions are examples of
state administrative agencies.
30. The recent lawsuits against the tobacco industry are examples of tort law.
31. Unintentional behavior that causes harm or injury is an example of a tort.
32. An intentional tort is a willful act that results in injury.
33. Tort law involves criminal acts where victims can be awarded compensation.
34. Tort law includes product liability cases.
35. Negligence, in tort law, deals with behavior that causes intentional harm or injury.
36. The rule of strict product liability holds a firm liable for a defective product only if the firm
knowingly placed a hazardous product on the market.
37. Companies that produced lead-based paint 30 years ago are still subject to the strict
product liability provisions of federal tort law.
38. Producers of government-approved drugs and chemicals cannot be sued by individuals
who develop side effects years later.
39. The Class Action Fairness Act is a first step toward setting limits on the amount of
damages for which companies are liable should their products harm consumers.
40. Toyota and General Motors have both been involved in major product liability cases.
41. A patient injured through the negligence of a health care provider can be awarded
compensation through the tort law system.
42. If an automobile manufacturer unknowingly sells a defective product that causes an
injury, the manufacturer is protected from product liability lawsuits.
43. With today's widespread use of water-based house paint, no paint manufacturer can be
sued for damages today that are caused by lead-based paint that may still remain on the surface
of some house and apartment walls.
44. McDonald's was the subject of a product liability suit charging that its food caused
obesity, diabetes, and other health problems in children.
45. A patent protects an inventor's right to a product or process.
46. A patent gives inventors exclusive rights to their inventions for 20 years.
47. Patent owners are prohibited from selling or licensing their patent rights to others.
48. Submarine patents are primarily designed to generate large patent royalties for their
owners.
49. Recent legislation encourages the use of submarine patents.
BonusA-18
Copyright © 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
50. A copyright protects an individual's ownership rights to materials such as books, articles,
photos, and cartoons, which they created.
51. If in the normal course of a job an employee creates a cartoon, the copyright belongs to
the employer.
52. Copyrights are filed with the Library of Congress and involve large amounts of paperwork.
53. Copyrights can be passed on to the creator's heirs.
54. The holder of an exclusive copyright may charge a fee to anyone who wishes to use the
copyrighted material.
55. A trademark gives exclusive legal protection to a name, symbol, or design that
distinguishes the goods or services of one seller from those of competitors.
56. Unlike a patent, trademarks are not protected from infringement.
57. Trademarks generally belong to the owner forever, as long as they are properly registered
and renewed every 10 years.
58. The Nike Swoosh and the McDonald's Golden Arches are examples of corporate
trademarks.
