, Chapter 1 p
The Legal Environment
p p
N.B.:pTYPEpindicatespthatpapquestionpispnew,pmodified,porpunchanged,pa
spfollows.
N Apquestionpnewptopthispeditionp ofpthepTestpBank.
+
ApquestionpmodifiedpfromptheppreviouspeditionpofpthepTestpB
ank,
= ApquestionpincludedpinptheppreviouspeditionpofpthepTestpBank.
TRUE/FALSEp QUESTIONS
1. Thep lawp establishesp rights,p duties,p andp privilegesp thatp arep consistentpw
ithpthepvaluespofpsociety.
ANSWER: T PAGE: 2 TYPE: =
NAT:pAACSBpReflective LOC:p AICPApCriticalpThinking
2. Howpjudgesp applypthep lawptopspecificpdisputespmaypdependpinppartponpth
eirppersonalpphilosophicalpviews.
ANSWER: T PAGE: 2 TYPE: =
NAT:pAACSBpReflective LOC:p AICPApCriticalpThinking
3. Lawp includesp enforceablep rulesp governingp relationshipsp betweenpindivi
dualspandptheirpsociety.
ANSWER: T PAGE: 2 TYPE: +
NAT:pAACSBpAnalytic LOC:p AICPApLegal
4. Thep naturalp lawp philosopherp believesp thatp thep lawp shouldp reflectpu
niversalpmoralpandpethicalpprinciplespthatpareppartpofphumanpnature.
1
,2 UNITpONE:p THEpLEGALpENVIRONMENTpOFpBUSINESS
ANSWER: T PAGE: 3 TYPE: =
NAT:pAACSBpEthics LOC:p AICPApCriticalpThinking
, CHAPTERp1:p THEpLEGALpENVIRONMENT 3
5. Constitutionalp lawp includesp onlyp thep U.S.p Constitution.
ANSWER: F PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
6. ApfederalplawpthatpconflictspwithpthepU.S.pConstitutionpwillpbepdeemedpu
nconstitutional.
ANSWER: T PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
7. Ap statep lawp thatp conflictsp withp thep U.S.p Constitutionp willp bep deemedpu
nconstitutional.
ANSWER: T PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
8. ThepU.S.pConstitutionpispthepsupremeplawpofpthepUnitedpStates.
ANSWER: T PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
9. Whetherpaplawpispconstitutionalpdependsponpitspsource.
ANSWER: F PAGE: 6 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
10. Apstatepconstitutionpispsupremepwithinpthepstate’spborderspsoplongpaspitpd
oespnotpconflictpwithpthepU.S.pConstitutionporpapfederalplaw.
ANSWER: T PAGE: 6 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
11. Uniformp lawsp applyp inp allp states,p includingp thosep inp whichp thep lawsph
avepnotpbeenpadopted.
ANSWER: F PAGE: 7 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
12. Federalpstatutespapplyptopallpstates.
ANSWER: T PAGE: 7 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
The Legal Environment
p p
N.B.:pTYPEpindicatespthatpapquestionpispnew,pmodified,porpunchanged,pa
spfollows.
N Apquestionpnewptopthispeditionp ofpthepTestpBank.
+
ApquestionpmodifiedpfromptheppreviouspeditionpofpthepTestpB
ank,
= ApquestionpincludedpinptheppreviouspeditionpofpthepTestpBank.
TRUE/FALSEp QUESTIONS
1. Thep lawp establishesp rights,p duties,p andp privilegesp thatp arep consistentpw
ithpthepvaluespofpsociety.
ANSWER: T PAGE: 2 TYPE: =
NAT:pAACSBpReflective LOC:p AICPApCriticalpThinking
2. Howpjudgesp applypthep lawptopspecificpdisputespmaypdependpinppartponpth
eirppersonalpphilosophicalpviews.
ANSWER: T PAGE: 2 TYPE: =
NAT:pAACSBpReflective LOC:p AICPApCriticalpThinking
3. Lawp includesp enforceablep rulesp governingp relationshipsp betweenpindivi
dualspandptheirpsociety.
ANSWER: T PAGE: 2 TYPE: +
NAT:pAACSBpAnalytic LOC:p AICPApLegal
4. Thep naturalp lawp philosopherp believesp thatp thep lawp shouldp reflectpu
niversalpmoralpandpethicalpprinciplespthatpareppartpofphumanpnature.
1
,2 UNITpONE:p THEpLEGALpENVIRONMENTpOFpBUSINESS
ANSWER: T PAGE: 3 TYPE: =
NAT:pAACSBpEthics LOC:p AICPApCriticalpThinking
, CHAPTERp1:p THEpLEGALpENVIRONMENT 3
5. Constitutionalp lawp includesp onlyp thep U.S.p Constitution.
ANSWER: F PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
6. ApfederalplawpthatpconflictspwithpthepU.S.pConstitutionpwillpbepdeemedpu
nconstitutional.
ANSWER: T PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
7. Ap statep lawp thatp conflictsp withp thep U.S.p Constitutionp willp bep deemedpu
nconstitutional.
ANSWER: T PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
8. ThepU.S.pConstitutionpispthepsupremeplawpofpthepUnitedpStates.
ANSWER: T PAGE: 6 TYPE: =
NAT:pAACSBpAnalytic LOC:p AICPApLegal
9. Whetherpaplawpispconstitutionalpdependsponpitspsource.
ANSWER: F PAGE: 6 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
10. Apstatepconstitutionpispsupremepwithinpthepstate’spborderspsoplongpaspitpd
oespnotpconflictpwithpthepU.S.pConstitutionporpapfederalplaw.
ANSWER: T PAGE: 6 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
11. Uniformp lawsp applyp inp allp states,p includingp thosep inp whichp thep lawsph
avepnotpbeenpadopted.
ANSWER: F PAGE: 7 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
12. Federalpstatutespapplyptopallpstates.
ANSWER: T PAGE: 7 TYPE: N
NAT:pAACSBpAnalytic LOC:p AICPApLegal
