Test Bank For Dynamic Business Law, 6th Edition By Nancy Kubasek|ISBN : 9781264125968 ||Chapter 1-52 A+

Test Bank For Dynamic Business Law, 6th Edition By Nancy Kubasek|ISBN : 9781264125968 ||Chapter 1-52 A+ Ansewrs are at the End of Each Chapter Chapter 01: Student name:__________ 1) Business law consists of the enforceable rules of conduct that govern commercial relationships. ⊚ true ⊚ false 2) Contracts, employment decisions, and payments to suppliers are protected by business law. ⊚ true ⊚ false 3) Public law controls both disputes between private individuals and their government and disputes involving only private individuals. ⊚ true ⊚ false 4) Criminal law lays out the rights and responsibilities implied in relationships between persons. ⊚ true ⊚ false 5) Only civil law regulates the behavior of individuals. ⊚ true ⊚ false 6) Case law interpretations are law, unless they are revoked later by new statutory law. ⊚ true ⊚ false The decision of a state supreme court is binding on a lower court that is located in the same state. ⊚ true ⊚ false 8) Model or uniform laws are sources of law that are binding on courts. ⊚ true ⊚ false 9) Constitutions and statutes always cover all of the detailed rules that affect business and government relations. ⊚ true ⊚ false 10) "Legal positivism" is also known as "natural law." ⊚ true ⊚ false 11) Miko comes to Jamal's law office to ask him about the law in regard to dogs running at large in her neighborhood. Jamal tells Miko that he will research the issue and get back to her. Where should Jamal look first in order to locate applicable law? A) Restatements B) State statutes C) Case law D) Uniform laws E) Executive orders a head of broccoli to eat once a week in order to maintain health. The executive order was challenged and the case went to the U.S. Supreme Court. The Supreme Court declared the executive order could not be enforced because it was an abuse of the president’s power. What is the primary source of law the Supreme Court would interpret to determine if the executive order was enforceable? A) The Constitution B) State statutes C) Case law D) Uniform laws E) Executive orders 13) In 1995, the ________ was created to replace GATT. A) United Nations B) World Trade Organization C) North American Free Trade Agreement D) Nation to Nation Trading Organization E) Nation’s Status on Trade 14) When you read a case, you should: A) Find the facts, look for the issue, critically think about the issue, and determine if your reasoning matches the reasoning of the judge. B) Identify the legal issues, apply the facts to the legal issues, and evaluate the reasoning of the judge in light of the facts of the case. C) Consider the truth of the facts of the case, identify legal questions raised, review the decision of the judge, and determine if the judge’s decision was justified by the rule of law. D) Find the facts, look for the issue, identify the judge’s reason and conclusion, locate the rules of law that govern the reasoning, and apply critical thinking to the judge’s reasoning. E) Identify the facts, apply critical thinking skills to determine the truths of the facts, and identify how the judge interpreted the facts in the case. Which areas of business law would a human resources manager find most relevant? A) Contracts, employment and labor law, and employment discrimination B) Contracts only C) Contracts and labor law, but not employment discrimination D) Employment and labor law, but not contracts E) Human resource managers hold administrative positions and are not concerned with areas of business law 16) Gardenia Abraham is a newly hired Production Manager for Stoneworks, Incorporated, which manufactures wind turbines. As a new manager, Stoneworks sends Gardenia to training so she can familiarize herself with laws that might impact her work. What laws would most likely impact a production manager? A) White collar crime, contracts, antitrust laws B) Tort law, contracts, environmental law and consumer law C) Antitrust law, contracts, intellectual property law D) Property law, negotiable instruments, contracts E) Consumer law, international law, employment law 17) Antonio and Veronica are arguing over who makes new federal law. Which of the following entities is responsible for making new federal law? A) State legislatures B) Congress C) Judges D) The federal courts E) The executive branch 18) If someone has failed to live up to a promise made to a business organization, the business organization should: A) Seek a legal remedy within the courts B) Ask the lawmakers to impose a punishment upon the violator C) Publicly shame the violator for breaking his promise D) Turn to the executive branch to impose legal penalties E) Ask lawmakers and the executive branch to impose consequences In a civil law case, defendants must be found guilty by a ________. A) reasonable doubt standard B) more likely than not standard C) guilty until proven innocent standard D) preponderance of the evidence standard E) social norms standard 20) A majority of citizens in a democracy can agree to permit certain authorities to make and enforce rules describing what behavior is permitted and encouraged in their community. These rules are what we refer to as the ________. A) electoral college B) community standard C) democratic validation D) stare decisis E) law 21) A new type of hydraulic fracturing (“fracking”) has been implemented to help bring more natural gas to a well site. The company associated with this process has followed all federal and state guidelines associated with the process of fracking. Residents, however, are very unhappy and vocal about the process of fracking and fights have broken out amongst the residents and workers. Residents demand the company be shut down. A new law was implemented that is designed to help keep the peace yet look at alternatives to the fracking process. The purposes of the new law include: A) Providing order, serving as a moral guide, serving as an alternative to fighting, facilitating a sense that change is possible B) Creating enforceable rules of law which change the way that the manufacturing process is handled C) Providing new rules that would allow for civil disobedience D) Setting new rules and guidelines that would allow for protests to occur on the fracking site E) Guaranteeing the personal freedoms of the company to continue fracking as long as they were doing so within state and federal guidelines