Introduction to Business Law,
7th Edition
by Jeffrey F. Beatty
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, Solution and Answer Guide: Beatty, Intro to Business Law 7e, 9780357717189; Chapter 01: Introduction to Law
Solution and Answer Guide
Beatty, Intro to Business Law 7e, 9780357717189; Chapter 01: Introduction to Law
Table of Contents
Answers to Matching Questions ..................................................................................................... 1
Answers to True/False Questions ................................................................................................... 1
Answers to Multiple Choice Questions .......................................................................................... 2
Answers to Case Questions ............................................................................................................. 3
Answers to Discussion Questions ................................................................................................... 4
Answers to Matching Questions
_____A. Statute 1. Law created by judges
_____B. Administrative agencies 2. Let the decision stand
_____C. Common law 3. A law passed by Congress or a state legislature
_____D. Stare decisis 4. The supreme law of the land
_____E. United States Constitution 5. The IRS, the EPA, the FCC, the SEC
Answers:
A. 3
B. 5
C. 1
D. 2
E. 4
Answers to True/False Questions
1. If the president vetoes a bill, it can still become a statute if the House and the Senate
approve it by a two-thirds majority.
Answer: T
2. Civil lawsuits are brought to court by the injured party, but criminal cases must be
prosecuted by the government.
Answer: T
3. Federalism means that the federal government’s laws and policies always supersede those
of the states.
Answer: F
4. The federal government has three branches: executive, legislative, and administrative.
Answer: F
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, Solution and Answer Guide: Beatty, Intro to Business Law 7e, 9780357717189; Chapter 01: Introduction to Law
5. Law is different from morality, but the two are closely linked.
Answer: T
Answers to Multiple Choice Questions
1. More U.S. law originates from one country than from any other. Which country?
A. France
B. England
C. Germany
D. Spain
E. Canada
Answer: B. England
2. Under the United States Constitution, power that is not expressly given to the federal
government is retained by:
A. the courts.
B. the Congress.
C. the Founders.
D. the states and the people.
E. international treaty.
Answer: D. the states and the people.
3. Judges use precedent to create what kind of law?
A. Common law
B. Statutes
C. National Law
D. Local law
E. Empirical law
Answer: A. Common law
4. For a statute to become law, Congress must pass it by a:
I. Majority vote in the House.
II. Majority vote in the Senate.
III. Two-thirds vote in the House, but only if the president has first vetoed it.
IV. Two-thirds vote in the Senate, but only if the president has first vetoed it.
A. Just I and II
B. Just III and IV
C. All of these
D. None of these
Answer: C. All of these
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