Solution Manual For The Legal Environment of Business, 14th
Edition by Roger E. Meiners, Verified Chapters 1 - 22
Complete, Newest Version
Sources of law - ANSWER: statues
regulations
ordinances
a type of law made by the presidents of the United states - ANSWER: Executive
orders
Examples of Litigation - ANSWER: 1. a lawsuit alleging violating of first amendment
rights.
2. a lawsuit for social security benefits
3. a claim that the US department of Energy violated applicable regulations
4. a law suit against the IRS
Not an example of litigation - ANSWER: a breach of contract suit
Over the last 10 years the use of criminal laws against business has - ANSWER:
increased significantly
By the use of laws and the legal system the government can - ANSWER: 1. change
acceptable behaviors
2. instruct people on what is allowed in certain circumstances
3. encourage certain types of business activity
4. impose sanctions to try to eliminate certain business activities.
Federal judges are appointed for a term of - ANSWER: According to the constitution
federal judges may be removed from office only if congress impeaches them for
treason, bribery, or other high crimes and misdemeanors
There is no really definition of Law. What are some of definitions of law? - ANSWER:
1. a body of riles of action or conduct prescribed by controlling authority, and having
binding legal force
2. the circumstances in which the public force is brought to bear through the courts
3. a rule of conduct that justices a prediction that is likely will be enforced by the
courts if its authority is challenged.
What are part of a federal court system - ANSWER: 1. U.S district courts
2. U. S. Courts of appeals
3. U.S supreme courts
, The US constitution provides that the judicial power (the court system) is - ANSWER:
one supreme court and in lower courts as Congress may establish
The US Constitution - ANSWER: in on Supreme Court and in lower courts as Congress
may establish
State judges are appointed for a term of - ANSWER: A fixed term
Statutory law is - ANSWER: a law enacted by a legislative body
Many studies find that there is a strong relationship between - ANSWER: a well
functioning legal system and the level of economic development
What is law? - ANSWER: It is rules created by the state and enforced by the state.
Why is law important - ANSWER: 1. social stability; flexibility
2. protection of property rights
3. behavior regulation
4. conflict resolution
5. protection of human rights
6. Economic development
How does law impact business? - ANSWER: - creation of business entities
- state and federal regulations
- laws governing business relations
- industry-specific regulations
- tax and finance laws
- international law
Sources of law - ANSWER: - constitutions
- legislature and statues
- administrative agencies and regulations
- the judiciary and common law
- the executive
- international sources of law
Why classify law? - ANSWER: Different perspective give clearer picture
Lawyers? - ANSWER: - obligation to administration of justice
- advocate for clients
- pro bono cases
- counselor
- Attorney client commications
How expensive are lawyers? - ANSWER: $200/hr and up
Edition by Roger E. Meiners, Verified Chapters 1 - 22
Complete, Newest Version
Sources of law - ANSWER: statues
regulations
ordinances
a type of law made by the presidents of the United states - ANSWER: Executive
orders
Examples of Litigation - ANSWER: 1. a lawsuit alleging violating of first amendment
rights.
2. a lawsuit for social security benefits
3. a claim that the US department of Energy violated applicable regulations
4. a law suit against the IRS
Not an example of litigation - ANSWER: a breach of contract suit
Over the last 10 years the use of criminal laws against business has - ANSWER:
increased significantly
By the use of laws and the legal system the government can - ANSWER: 1. change
acceptable behaviors
2. instruct people on what is allowed in certain circumstances
3. encourage certain types of business activity
4. impose sanctions to try to eliminate certain business activities.
Federal judges are appointed for a term of - ANSWER: According to the constitution
federal judges may be removed from office only if congress impeaches them for
treason, bribery, or other high crimes and misdemeanors
There is no really definition of Law. What are some of definitions of law? - ANSWER:
1. a body of riles of action or conduct prescribed by controlling authority, and having
binding legal force
2. the circumstances in which the public force is brought to bear through the courts
3. a rule of conduct that justices a prediction that is likely will be enforced by the
courts if its authority is challenged.
What are part of a federal court system - ANSWER: 1. U.S district courts
2. U. S. Courts of appeals
3. U.S supreme courts
, The US constitution provides that the judicial power (the court system) is - ANSWER:
one supreme court and in lower courts as Congress may establish
The US Constitution - ANSWER: in on Supreme Court and in lower courts as Congress
may establish
State judges are appointed for a term of - ANSWER: A fixed term
Statutory law is - ANSWER: a law enacted by a legislative body
Many studies find that there is a strong relationship between - ANSWER: a well
functioning legal system and the level of economic development
What is law? - ANSWER: It is rules created by the state and enforced by the state.
Why is law important - ANSWER: 1. social stability; flexibility
2. protection of property rights
3. behavior regulation
4. conflict resolution
5. protection of human rights
6. Economic development
How does law impact business? - ANSWER: - creation of business entities
- state and federal regulations
- laws governing business relations
- industry-specific regulations
- tax and finance laws
- international law
Sources of law - ANSWER: - constitutions
- legislature and statues
- administrative agencies and regulations
- the judiciary and common law
- the executive
- international sources of law
Why classify law? - ANSWER: Different perspective give clearer picture
Lawyers? - ANSWER: - obligation to administration of justice
- advocate for clients
- pro bono cases
- counselor
- Attorney client commications
How expensive are lawyers? - ANSWER: $200/hr and up
