Instructor Solution Manual For Dynamic Business Law The Essentials, 5th Edition, Nancy Kubasek

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DynamicgBusinessgLawgThegEssentials,g5thgEdition,gNancygKubasekgC

hapterg1-25gAnswersgaregatgthegEndgofgEachgChapter

Chapterg1

Studentgname:
1) Listgthegpurposesgofgtheglawgandgdiscussgwhygthesegpurposesgaregnecessarygforgangordere
dgsociety.




2) Defineg"staregdecisis,"gdiscussgwhengitgoccursgingtheglegalgsystem,gandgexplaingwhygstar
egdecisisgisgimportantgtogbusinessesgandgindividuals.




3) ExplaingingwhatgwaysgagtreatygbetweengagforeigngcountrygandgthegUnitedgStatesgisgsimil
argtogagcontract.




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,4) Explaingthegfunctiongofgadministrativegagenciesgandgwhygtheygaregnecessary.Listgfiv
egindependentgagenciesgandgfivegexecutivegagencies.




5) JudgegSusiegJustice,gwhogisgnewlygappointedgtogthegbench,gisgpresentedgwithgagquestiong
ofglawginvolvinggagcatgnamedgChestergwhogscratchedgagneighbor'sgantiquegjalopy.gThegneighbor,
gGeorge,gdemandsgjusticegingthegformgofgfullgpaymentgfromgChester'sgowner,gBill,gandgalsogrequ

estsgthatgChestergbegshippedgtogtheglocalganimalgshelter.gBillgsaysgthatghegshouldgnotghavegtogpa
yganythinggbecausegChesterghadgnevergscratchedgbefore,gthatgChestergshouldgbegallowedgtogstaygi
ngthegneighborhood,gandgthatghegshouldgbegreimbursedgforghisglegalgfeesgbygGeorgegwhogisgaggr
umpgandgnevergshouldghavegbroughtgtheglawsuit.gJudgegJusticegisgperplexedgandgwantsgtogmakeg
aggoodgdecisiongsincegshegisgnewgtogthegbench.gDescribeghowgthegjudgegshouldggogaboutgreachin
ggagdecision.gDiscussgingyourganswergthegimpactgofgcasesgfromgothergjurisdictionsgassuminggther
egisgnogrelevantglawgingJudgegJustice'sgjurisdiction.gAlso,gassuminggtheregisgrelevantglawgingthisg
jurisdiction,gdiscussgthegapplicableglegalgstandardgthegjudgegshouldgapplygifgshegfindsgagrelevant
gstatutegthatgconflictsgwithgearliergcaseglaw.




6) Describegcontrastsgbetweengthegcost-
benefitgschoolgofgjurisprudencegandgthegidentificationgwithgthegvulnerablegschoolgofgjurisprudenc
e.




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,7) Whichgofgthegfollowinggisgnotgonegofgthegsixgfunctionalgareasgofgbusinessgthatgsitsgon
gagfoundationgofgbusinessglaw?



A) management
B) productiongandgtransportation
C) marketing
D) accountinggandgfinance
E) stategandgfederalgtaxation




8) Agcommercialgfirmgthatgseeksgtogmergegwithganothergfirmgmustgobeygtheglawsgofgantitrus
t.gThisgisgangexamplegof:

A) businessglaw
B) equity
C) ethics
D) ThegUniformgContractsgCode
E) ThegInternationalgContractsgCode




9) “Guaranteeinggpersonalgfreedoms”gis:

A) thegexclusivegpurposegofgtheglaw.
B) onegofgthegnumerousgpurposesgfulfilledgbygtheglaw.
C) agpurposegofgcriminal,gbutgnotgcivil,glaw.
D) agpurposegofgcivil,gbutgnotgcriminal,glaw.
E) agcultural,gbutgnotglegal,gexpectation.




10) Whichgofgthegfollowinggisgonegofgthegnumerousgpurposesgfulfilledgbygtheglaw?




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, A) Discouraginggsocialgjustice
B) Limitinggpersonalgfreedoms
C) Servinggasgagmoralgguidegbygindicatinggmaximumgexpectationsgofgcitizensgan
dgorganizations
D) Providinggordergsuchgthatgonegcangdependgongagpromisegorgangexpectationg
ofgobligations
E) Servinggasgagsupplementgtogfighting




11) Whichgofgthegfollowinggisgnotgonegofgthegnumerousgpurposesgfulfilledgbygtheglaw?

A) Providinggordergsuchgthatgonegcangdependgongagpromisegorgangexpectationg
ofgobligations
B) Servinggasgangalternativegtogfighting
C) Facilitatinggchangegwithoutgrequiringgagrationalgconsiderationgofgoptions
D) Encouraginggsocialgjustice
E) Servinggasgagmoralgguidegbygindicatinggminimalgexpectationsgofgcitizensgan
dgorganizations




12) Louisville,gKentuckygisgdebatinggagnewgbusinessgordinancegthatgwillgaddressgsidewalksgi
ngitsgcity.gMembersgofgthegLouisvillegcitygcouncilgdognotgneedgtogconcerngthemselvesgwithgwhic
hgofgthegfollowinggissues?

A) Localgtaxes
B) Environmentalgstandards
C) Federally-mandatedgrestrictivegcovenants
D) Buildinggcodes
E) Localgzoning




13) Whichgofgthegfollowinggisgnotgagpurposegofgtheglawgasgsetgforthgingthegtext?




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