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The Legal Environment of Business Exam Practice Questions Answered Correctly

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Substantive Law - Answer Sets out the rights and duties governing people as they act in society. (What is prohibited/what is required) Procedural Law - Answer Establishes the rules under which the substantive rules of law are enforced. Criminal Law - Answer Defines breaches of duty to society at large. State v ... Civil Law - Answer Private duties owed by on each person (or corporation) to another. Federal Law - Answer Laws passed by Congress.

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The Legal Environment of Business Exam Practice
Questions Answered Correctly

Substantive Law - Answer Sets out the rights and duties governing people as they act in society. (What is
prohibited/what is required)



Procedural Law - Answer Establishes the rules under which the substantive rules of law are enforced.



Criminal Law - Answer Defines breaches of duty to society at large. State v ...



Civil Law - Answer Private duties owed by on each person (or corporation) to another.



Federal Law - Answer Laws passed by Congress.



State Law - Answer Laws passed by state.



Statutory Law - Answer Adds details to the government framework by establishing a regulatory agency
to provide a public service.



Common Law - Answer Court created law



Law - Answer The process by which a sovereign makes, applies, and changes rules which establish
government, maintain societal order, and define, allocate, and enforce rights and obligations among
members of a society.



Tort Law - Answer A host of duties people owe to each other.



US Constitution - Answer The highest source of law in the US. World's first and oldest written
constitution.

, Treaties - Answer Made by the President with foreign governments and ratified by at least 2/3 of the
Senate are "supreme law of the land."



Statutes - Answer The product of the lawmaking of a legislature.



Ordinances - Answer Local legislation created by cities or counties.



Judicial Review - Answer A judge may render a legal rule unenforceable by declaring it in conflict with a
constitution.



ex post facto laws - Answer A new statute applies only to actions taken after it becomes effective.



Bill of Rights - Answer The first 10 amendments to the constitution



Stare decisis - Answer A court, in making a decision, should follow the rulings of prior cases that have
similar facts.



Jurisprudence - Answer Legal philosophy



Legal System - Answer Must be reasonable, definte, flexible, practical, published, and final



House of Representatives - Answer Authority to pass bills raising revenue, and impeaching federal
officers.



Senate - Answer Advise and consent all executive federal appointments and foreign treaties. Triar of
impeachments.



Writ of Habeas Corpus - Answer ...



Bills of Attainder - Answer ...

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