WGU - Business Law C713 Questions and
Correct Answers | 2025 Update
Precedent - ANSWER The tendency to decide current cases based on previous
rulings.
Common Law - ANSWER Judge-made law
The accumulation of precedent, based on case after case, makes up the
_________ ____________ - ANSWER common law.
Sarbanes Oxley Act 2002 - ANSWER Federal Oversight of corporate accounting
on all publicly traded companies.
Statutes - ANSWER A law created by a legislature
stare decisis - ANSWER The principle that precedent is binding on later cases is
called stare decisis, which means "let the decision stand."
Injunction - ANSWER A court order to stop doing something.
Regulations - ANSWER Agencies have the power to create laws called
___________________
,President, two-thirds - ANSWER The Constitution authorizes the _________ to
make treaties with foreign nations. These must then be ratified by the United
States Senate by a ___________ vote.
Criminal law - ANSWER __________ ___________concerns behavior so
threatening that society outlaws it altogether
civil law - ANSWER The _______ __________ regulates the rights and duties
between parties.
sovereign - ANSWER The _____________ is the recognized political power
whom citizens obey
Legal Positivism - ANSWER Law is what the sovereign says.
Natural Law - ANSWER An unjust law is no law at all.
Legal Realism - ANSWER Who enforces the law counts more than what is in
writing.
Administrative, common and statute - ANSWER Name the three different types
of law.
Jurisprudence - ANSWER _________________________is concerned with the
basic nature of law.
,Legal positivism: The law is what the sovereign says it is.
Natural law: An unjust law is no law at all.
Legal realism: Who enforces the law is more important than what the law says. -
ANSWER Three theories of jurisprudence are:
Jurisprudence - ANSWER is the study and philosophical theory of law.
a. English common-law principles
b. The Iroquois's system of federalism
c. **Both A and B
d. None of the above - ANSWER The United States Constitution is among the
finest legal accomplishments in the history of the world. Which of the following
influenced Ben Franklin, Thomas Jefferson, and the rest of the Founding Fathers?
a. A statute
b. Common law
c. A constitutional amendment
, d. ***Administrative regulation - ANSWER Union organizers at a hospital
wanted to distribute leaflets to potential union members, but hospital rules
prohibited leafleting in areas of patient care, hallways, cafeterias, and any areas
open to the public. The National Labor Relations Board, a government agency,
ruled that these restrictions violated the law and ordered the hospital to permit
the activities in the cafeteria and coffee shop. What kind of law was it creating?
a. Article I
b. Article II
c. Article III
d. ***Amendments - ANSWER What part of the Constitution addresses the
most basic liberties?
Common Law - ANSWER _____________ ______________is that body of law
derived from judicial decisions of courts and similar tribunals.
remedy - ANSWER A ___________ is the method a court uses to compensate
an injured party
injunction - ANSWER An order forcing someone to do something, or refrain
from doing something, is an ___________________
Reliance Interest - ANSWER Designed to put the injured party in the position
he would have been in had the parties never entered into a contract.
Correct Answers | 2025 Update
Precedent - ANSWER The tendency to decide current cases based on previous
rulings.
Common Law - ANSWER Judge-made law
The accumulation of precedent, based on case after case, makes up the
_________ ____________ - ANSWER common law.
Sarbanes Oxley Act 2002 - ANSWER Federal Oversight of corporate accounting
on all publicly traded companies.
Statutes - ANSWER A law created by a legislature
stare decisis - ANSWER The principle that precedent is binding on later cases is
called stare decisis, which means "let the decision stand."
Injunction - ANSWER A court order to stop doing something.
Regulations - ANSWER Agencies have the power to create laws called
___________________
,President, two-thirds - ANSWER The Constitution authorizes the _________ to
make treaties with foreign nations. These must then be ratified by the United
States Senate by a ___________ vote.
Criminal law - ANSWER __________ ___________concerns behavior so
threatening that society outlaws it altogether
civil law - ANSWER The _______ __________ regulates the rights and duties
between parties.
sovereign - ANSWER The _____________ is the recognized political power
whom citizens obey
Legal Positivism - ANSWER Law is what the sovereign says.
Natural Law - ANSWER An unjust law is no law at all.
Legal Realism - ANSWER Who enforces the law counts more than what is in
writing.
Administrative, common and statute - ANSWER Name the three different types
of law.
Jurisprudence - ANSWER _________________________is concerned with the
basic nature of law.
,Legal positivism: The law is what the sovereign says it is.
Natural law: An unjust law is no law at all.
Legal realism: Who enforces the law is more important than what the law says. -
ANSWER Three theories of jurisprudence are:
Jurisprudence - ANSWER is the study and philosophical theory of law.
a. English common-law principles
b. The Iroquois's system of federalism
c. **Both A and B
d. None of the above - ANSWER The United States Constitution is among the
finest legal accomplishments in the history of the world. Which of the following
influenced Ben Franklin, Thomas Jefferson, and the rest of the Founding Fathers?
a. A statute
b. Common law
c. A constitutional amendment
, d. ***Administrative regulation - ANSWER Union organizers at a hospital
wanted to distribute leaflets to potential union members, but hospital rules
prohibited leafleting in areas of patient care, hallways, cafeterias, and any areas
open to the public. The National Labor Relations Board, a government agency,
ruled that these restrictions violated the law and ordered the hospital to permit
the activities in the cafeteria and coffee shop. What kind of law was it creating?
a. Article I
b. Article II
c. Article III
d. ***Amendments - ANSWER What part of the Constitution addresses the
most basic liberties?
Common Law - ANSWER _____________ ______________is that body of law
derived from judicial decisions of courts and similar tribunals.
remedy - ANSWER A ___________ is the method a court uses to compensate
an injured party
injunction - ANSWER An order forcing someone to do something, or refrain
from doing something, is an ___________________
Reliance Interest - ANSWER Designed to put the injured party in the position
he would have been in had the parties never entered into a contract.
