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The Legal Environment of Business

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The Legal Environment of Business

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Solution Manual For The Legal Environment of Business, 14th
Edition by Roger E. Meiners, Verified Chapters 1 - 22
Complete, Newest Version

The rule of law:
a. seeks to invalidate the rules of conduct.
b. breaks the social bond between people belonging to different countries.
c. refrains from governing business transactions.
d. applies with equal force to every member of society. - ANSWER: d. applies with
equal force to every member of society.

_____ is a system of justice that evolved and granted judicial relief when no
adequate remedy at law existed.
a. Appeal
b. Equity
c. Misdemeanor
d. Ordinance - ANSWER: b. Equity

_____ are laws enacted by legislative bodies.
a. Misdemeanors
b. Statutes
c. Codicils
d. Wobblers - ANSWER: b. Statutes

_____ are serious crimes and are usually punishable by death or by imprisonment in
a penitentiary or state prison for more than one year.
a. Torts
b. Misdemeanors
c. Felonies
d. Infractions - ANSWER: c. Felonies

Which of the following is true about ethical principles?
a. They are insignificant in a business environment.
b. They are always legally unenforceable.
c. They are a consensus of the majority.
d. They are not used to set a standard for behavior. - ANSWER: c. They are a
consensus of the majority.

The _____ is an English custom that came to be recognized by the courts as binding
on the community and therefore law.
a. Bill of Rights
b. criminal law
c. common law
d. code - ANSWER: c. common law

, Criminal law is the branch of the law dealing with:
a. voluntary ethics codes adopted by businesses.
b. the protection of private and purely personal rights.
c. offenses against society and punishment of wrongdoers.
d. industry safety standards. - ANSWER: c. offenses against society and punishment
of wrongdoers.

Dezine, a shirt manufacturing company, signs a contract with a button manufacturer
to receive raw materials for the quarter. The button manufacturer breaches the
contract by not supplying Dezine with the raw materials. This leads to a production
halt in Dezine, and the company suffers an economic loss. In accordance with the
scenario, which of the following is true?
a. Dezine can successfully sue the button manufacturer for a felony.
b. Dezine can sue and recover damages from the button manufacturer.
c. Dezine can successfully sue the button manufacturer for larceny.
d. Dezine cannot sue for damages against the button manufacturer, as no delivery
was made. - ANSWER: b. Dezine can sue and recover damages from the button
manufacturer.

Lucie was found scribbling and spraying graffiti illicitly on a wall of a public place in
New York City. She can be charged in the court of law for a(n):
a. aggravated assault.
b. misdemeanor.
c. felony.
d. simple assault. - ANSWER: b. misdemeanor.

John Parks was tried for the murder of Wesley Simpson and acquitted of the crime.
Later, the prosecuting attorney found new evidence which could prove John guilty of
the murder. In accordance with the given scenario, which of the following
statements is true?
a. John is guilty of a misdemeanor.
b. John can be sentenced to death by the court of law after the submission of the
new evidence.
c. John must be brought to the court for a retrial.
d. John cannot be tried more than once for the same crime. - ANSWER: d. John
cannot be tried more than once for the same crime.

Linda was found guilty of kidnapping Michael's son and demanding a ransom of one
million dollars. She was sentenced to ten years of imprisonment by the court. This is
an example of a(n):
a. felony.
b. misdemeanor.
c. infraction.
d. assault. - ANSWER: a. felony.

Businesses that have voluntarily adopted codes of ethics as guides for their
employees do not carry legal penalties for violations, because:

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