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COLLECTION OF EXAM
WGU D216 BUSINESS LAW FOR ACCOUNTANTS COMPLETE
COLLECTION OF EXAM (2026/2027) QUESTIONS WITH ACCURATE,
Exams of Business and Labour Law
14th Amendment
Passed in 1868 after the Civil War, provides, in part, that "[n]o State shall . . . Deprive any person of
life, liberty, or property, without due process of law."
Action at law
File a complaint, jury or judge, judgement, monetary damages or property
Action in equity
File a petition, judge, decree, injunction, specific performance, or rescission
Administrative agency
A federal or state government agency created by the legislature to perform a specific function, such as
to make and enforce rules pertaining to the environment.
Appellant
The party who takes an appeal from one court to another.
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Appellee
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COLLECTION OF EXAM
The party against whom an appeal is taken—that is, the party who opposes setting aside or reversing
the judgment.
Bill of Rights
The first ten amendments to the U.S. Constitution.
Binding authority
Any source of law that a court must follow when deciding a case.
Breaches
To violate a law, by an act or an omission, or to break a legal obligation that one owes to another
person or to society.
Business ethics
Ethics in a business context; a consensus of what constitutes right or wrong behavior in the world of
business and the application of moral principles to situations that arise in a business setting.
Case law
The rules of law announced in court decisions. Case law interprets statutes, regulations, constitutional
provisions, and other case law.
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Categorical imperative
A concept developed by the philosopher Immanuel Kant as an ethical guideline for behavior. In
deciding whether an action is right or wrong, or desirable or undesirable, a person should evaluate
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COLLECTION OF EXAM
the action in terms of what would happen if everybody else in the same situation, or category, acted
the same way.
Checks and balances
The system by which each of the three branches of the U.S. national government (executive,
legislative, and judicial) exercises checks on the powers of the other branches.
Civil law
The branch of law dealing with the definition and enforcement of all private or public rights, as
opposed to criminal matters.
Commerce clause
The provision in Article I, Section 8, of the U.S. Constitution that gives Congress the power to regulate
interstate commerce.
Common law
A body of general rules that applied throughout the entire English realm
Compelling government interest
A test of constitutionality that requires the government to have compelling reasons for passing any
law that restricts fundamental rights, such as free speech, or distinguishes between people based on a
suspect trait.
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COLLECTION OF EXAM
Concurring opinion
A court opinion by one or more judges or justices who agree with the majority but want to make or
emphasize a point that was not made or emphasized in the majority's opinion.
Constitutional law
Law that is based on the U.S. Constitution and the constitutions of the various states.
Corporate social responsibility (CSR)
The concept that corporations can and should act ethically and be accountable to society for their
actions.
Cost-benefit analysis
A decision-making technique that involves weighing the costs of a given action against the benefits of
the action.
Courts of equity
A court that decides controversies and administers justice according to the rules, principles, and
precedents of equity.
Courts of law
A court in which the only remedies that can be granted are things of value, such as money damages.
In the early English king's courts, courts of law were distinct from courts of equity.
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