BUSI 301 QUESTIONS AND ANSWERS LATEST UPDATE ALREADY
GRADED A+
_____ is based on the concept that law is a social institution that should be used to promote fairness
by taking into account social and economic realities when arriving at legal conclusions.
Legal realism
Criminal laws are a protection of society, and the violation of criminal laws results in penalties to the
violator such as fines or imprisonment.
TRUE
The state trial court in Nevada issued a decision in which a party was found guilty of fraud. Should a
case arise in the future with the same basic fact situation, Nevada courts will be bound by precedent
to follow the reasoning and decision of this prior decision.
false
Courts use a two-prong test to determine whether it has personal jurisdiction over an out-of-state
defendant. Which of the following questions is likely to be asked in the second prong that deals with
meeting constitutional requirements of fairness and due process?
Does the defendant have some level of minimum contacts with the state?
Civil litigation is the term used to describe a dispute resolution process in which the parties and their
counsel argue their views of a civil (noncriminal) controversy in a court of law.
true
Ted is on trial for murder. The prosecution must provide _____ evidence in order to secure Ted's
conviction.
inculpatory
In an ideal ethical organization, integrity in the decision-making process is not always considered
important.
false
Managers who adopt the style proposed by Adam Smith's invisible hand theory are likely to believe
that
a deliberate amorality in corporate decision making is required
Which of the following is a congressional power granted by the U.S. Constitution?
the power to regulate commerce
Congress may tax only those activities or property that it is authorized to regulate directly under any
of the enumerated regulatory powers.
GRADED A+
_____ is based on the concept that law is a social institution that should be used to promote fairness
by taking into account social and economic realities when arriving at legal conclusions.
Legal realism
Criminal laws are a protection of society, and the violation of criminal laws results in penalties to the
violator such as fines or imprisonment.
TRUE
The state trial court in Nevada issued a decision in which a party was found guilty of fraud. Should a
case arise in the future with the same basic fact situation, Nevada courts will be bound by precedent
to follow the reasoning and decision of this prior decision.
false
Courts use a two-prong test to determine whether it has personal jurisdiction over an out-of-state
defendant. Which of the following questions is likely to be asked in the second prong that deals with
meeting constitutional requirements of fairness and due process?
Does the defendant have some level of minimum contacts with the state?
Civil litigation is the term used to describe a dispute resolution process in which the parties and their
counsel argue their views of a civil (noncriminal) controversy in a court of law.
true
Ted is on trial for murder. The prosecution must provide _____ evidence in order to secure Ted's
conviction.
inculpatory
In an ideal ethical organization, integrity in the decision-making process is not always considered
important.
false
Managers who adopt the style proposed by Adam Smith's invisible hand theory are likely to believe
that
a deliberate amorality in corporate decision making is required
Which of the following is a congressional power granted by the U.S. Constitution?
the power to regulate commerce
Congress may tax only those activities or property that it is authorized to regulate directly under any
of the enumerated regulatory powers.
