Test Bank for Business Law and the Regulation of Business 13th Edition Mann

Name Clas Dat
: s: e:

Chapter 01: Introduction to Law
True / False

1. The primary function of the law is to maintain stability in the social, political, and economic system while
simultaneously permitting change.
a. True
b. False
ANSWER: True

2. William Blackstone, an English jurist, defined law as “a rule of civil conduct prescribed by the supreme power in a
state, commanding what is right, and prohibiting what is wrong.”
a. True
b. False
ANSWER: True

3. The common law system is used in most of Europe, Asia, and South America.
a. True
b. False
ANSWER: False

4. The law that creates, defines, and regulates legal rights and duties is called substantive.
a. True
b. False
ANSWER: True

5. The US Constitution provides that federal statutes supercede provisions of state constitutions and state statutes.
a. True
b. False
ANSWER: True

6. The burden of proof required in a criminal case is preponderance of the evidence.
a. True
b. False
ANSWER: False

7. The law does not change; it is based on unchanging and universal truths.
a. True
b. False
ANSWER: False

8. The main classifications of the law are (a) substantive and procedural, (b) public and private, and (c) civil and criminal.
a. True
b. False
ANSWER: True


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, Name Clas Dat
: s: e:

Chapter 01: Introduction to Law
9. Law is an instrument by which social control can be achieved.
a. True
b. False
ANSWER: True

10. Under the civil law system, adversaries initiate and conduct litigation.
a. True
b. False
ANSWER: False

11. A judge deciding a common law case must look for guidance to similar cases previously decided by that court or
superior courts.
a. True
b. False
ANSWER: True

12. The principle of judicial review divides the government into three distinct and independent branches: judicial,
executive, and legislative.
a. True
b. False
ANSWER: False

13. The Uniform Commercial Code is a federal law that applies to commercial transactions among the states.
a. True
b. False
ANSWER: False

14. Since the end of the nineteenth century, case law developed from court opinions has been the primary source of new
law and ordered social change in the United States.
a. True
b. False
ANSWER: False

15. A constitution restricts the powers of the government and specifies the rights and liberties of the people.
a. True
b. False
ANSWER: True

16. Laws passed by Congress are the supreme law of the land in the United States and take precedence over all other
sources of law.
a. True
b. False
ANSWER: False

17. The final arbiter as to the constitutionality of laws passed by Congress or by the legislature of a state is the Supreme
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