Complete Test Bank Legal Environment of Business 13th
Edition Meiners Questions & Answers with rationales
(Chapter 1-22)
_____ is a body of rules of action or conduct prescribed by controlling authority and
having binding legal force. - ANSWER Law
Which of the following is not a primary function of law in the United States? -
ANSWER establishing uniform principles of individual morality
Laws that make certain activities crimes are an example of which function of the
law? - ANSWER keeping the peace
Laws that allow for the settlement of cases prior to trial are an example of which
function of the law? - ANSWER providing a basis for compromise
Laws that are enacted only after considerable study, debate, and public input are an
example of which function of the law? - ANSWER facilitating orderly change
United States' law evolves and changes along with all of the following EXCEPT -
ANSWER misuses and oversights of our legal system
The _____ School of jurisprudence asserts that the law is a means of achieving and
advancing certain sociological goals. - ANSWER Sociological
The _____ School of jurisprudence believes that the law is a set of rules developed,
communicated, and enforced by the ruling party rather than a reflection of the
society's morality, history, logic, or sociology. - ANSWER Command
The _____ School of jurisprudence proposes that legal rules are unnecessary and
are used as an obstacle by the powerful to maintain the status quo. - ANSWER
Critical Legal Studies
The ________ School of jurisprudence believes that promoting market efficiency
should be the central goal of legal decision making. - ANSWER Law and
Economics
Which of the following schools of jurisprudential thought might suggest that the
federal government's policy of subsidized housing provides incentives resulting in too
many homes being built? - ANSWER Law and Economics
The _____ School of jurisprudence asserts that the law should be based on morality
and ethics. - ANSWER Natural Law
, When legal scholars look to past legal decisions (precedent) to solve contemporary
problems, it is an example of which school of jurisprudence? - ANSWER Historical
School
English _____ law was developed by judges, who issued their opinions when
deciding cases. The principles in these cases became precedent for later judges
deciding similar cases. - ANSWER common
Which of the following are categories of courts that established English common
law? - ANSWER law, equity, and merchant
What was the main reason for the creation of law courts by William the Conqueror
during the early development of the English common law? - ANSWER to
administer the law in a uniform manner
What was the main reason for the establishment of chancery courts during the
development of English common law? - ANSWER to eliminate unfair results and
limited remedies of law courts
________ courts were allowed to give equitable remedies under the English
common law. - ANSWER Chancery
Which of the following statements is true about the early development of English
common law? - ANSWER Equitable orders and remedies of the Court of Chancery
took precedence over the legal decisions and remedies of the law courts.
_____ the supreme law of the United States. - ANSWER The United States
Constitution is
A(n) _____ is a written law enacted by the legislative branch of the federal and state
governments that establishes certain courses of conduct to which covered parties
must adhere. - ANSWER statute
A(n) _____ is a law enacted by local government bodies, such as cities and
municipalities, counties, school districts, and water districts. - ANSWER ordinance
The Securities and Exchange Commission is an example of a _____. - ANSWER
federal administrative agency
_____ means "to stand by the decision." - ANSWER Stare decisis
The Texas Natural Resources Code is an example of a(n) _____. - ANSWER state
statute
_____ improves a person's problem-solving skills and helps him or her to make
clear, logical, rational, and well-reasoned conclusions and judgments. - ANSWER
Critical legal thinking
Edition Meiners Questions & Answers with rationales
(Chapter 1-22)
_____ is a body of rules of action or conduct prescribed by controlling authority and
having binding legal force. - ANSWER Law
Which of the following is not a primary function of law in the United States? -
ANSWER establishing uniform principles of individual morality
Laws that make certain activities crimes are an example of which function of the
law? - ANSWER keeping the peace
Laws that allow for the settlement of cases prior to trial are an example of which
function of the law? - ANSWER providing a basis for compromise
Laws that are enacted only after considerable study, debate, and public input are an
example of which function of the law? - ANSWER facilitating orderly change
United States' law evolves and changes along with all of the following EXCEPT -
ANSWER misuses and oversights of our legal system
The _____ School of jurisprudence asserts that the law is a means of achieving and
advancing certain sociological goals. - ANSWER Sociological
The _____ School of jurisprudence believes that the law is a set of rules developed,
communicated, and enforced by the ruling party rather than a reflection of the
society's morality, history, logic, or sociology. - ANSWER Command
The _____ School of jurisprudence proposes that legal rules are unnecessary and
are used as an obstacle by the powerful to maintain the status quo. - ANSWER
Critical Legal Studies
The ________ School of jurisprudence believes that promoting market efficiency
should be the central goal of legal decision making. - ANSWER Law and
Economics
Which of the following schools of jurisprudential thought might suggest that the
federal government's policy of subsidized housing provides incentives resulting in too
many homes being built? - ANSWER Law and Economics
The _____ School of jurisprudence asserts that the law should be based on morality
and ethics. - ANSWER Natural Law
, When legal scholars look to past legal decisions (precedent) to solve contemporary
problems, it is an example of which school of jurisprudence? - ANSWER Historical
School
English _____ law was developed by judges, who issued their opinions when
deciding cases. The principles in these cases became precedent for later judges
deciding similar cases. - ANSWER common
Which of the following are categories of courts that established English common
law? - ANSWER law, equity, and merchant
What was the main reason for the creation of law courts by William the Conqueror
during the early development of the English common law? - ANSWER to
administer the law in a uniform manner
What was the main reason for the establishment of chancery courts during the
development of English common law? - ANSWER to eliminate unfair results and
limited remedies of law courts
________ courts were allowed to give equitable remedies under the English
common law. - ANSWER Chancery
Which of the following statements is true about the early development of English
common law? - ANSWER Equitable orders and remedies of the Court of Chancery
took precedence over the legal decisions and remedies of the law courts.
_____ the supreme law of the United States. - ANSWER The United States
Constitution is
A(n) _____ is a written law enacted by the legislative branch of the federal and state
governments that establishes certain courses of conduct to which covered parties
must adhere. - ANSWER statute
A(n) _____ is a law enacted by local government bodies, such as cities and
municipalities, counties, school districts, and water districts. - ANSWER ordinance
The Securities and Exchange Commission is an example of a _____. - ANSWER
federal administrative agency
_____ means "to stand by the decision." - ANSWER Stare decisis
The Texas Natural Resources Code is an example of a(n) _____. - ANSWER state
statute
_____ improves a person's problem-solving skills and helps him or her to make
clear, logical, rational, and well-reasoned conclusions and judgments. - ANSWER
Critical legal thinking
