7/17/25, 8:06
AM
BUSINESS LAW 210 EXAM 1 WSU EXAM
QUESTIONS AND ANSWERS WITH COMPLETE
SOLUTIONS VERIFIED LATEST UPDATE GRADED
A++
Terms in this set (53)
Morality refers to conscious
principals of right an
wrong as determined
by one's own_________.
Ethics are.... A set of rules of conduct (right vs. wrong)
recognized by a particular group of
individuals
What is the main The punishment. Morals = feel bad. Ethics
difference between = censure, disciplinary procedures, or
violating your own license suspension. Law = fines,
morals, an ethical damages, jail.
code, or a law?
Jurisprudence The philosophy of law
Sarbanes Oxley Act Resulted in the installation of "ethics officers"
Business ethics The application of the code to business
https://quizlet.com/313607945/business-law-210-exam-1-wsu- 1/
flash-cards/ 6
, 7/17/25, 8:06
AM
decisions
Stakeholder Anyone who is potentially impacted by an
organization's actions
Corporate Social Duty that decision makers owe to society in
Responsibility general
The trial court will Pleadings, Exhibits, Transcripts, findings of fact,
create a record of the rulings of law, the court's decision
case which
includes:
Appellant The party who loses in the trial court and brings
the appeal
Appellee The part who won at trial and now had to defend
in the appellate court
U.S. District Courts Our federal trial courts
Diversity of Citizenship Occurs when the parties are residents of
different states and the amount in
controversy exceed $75,000
Federal Question Legal dispute based on a federal statute. treaty,
or the U.S. constitution
amicus curiae briefs Unique, people interested in the outcome
of a specific case can also submit their
own brief
Forum state The state in which the court is located
Concurrent The plaintiff may file suit in either court
jurisdiction
https://quizlet.com/313607945/business-law-210-exam-1-wsu- 2/
flash-cards/ 6
AM
BUSINESS LAW 210 EXAM 1 WSU EXAM
QUESTIONS AND ANSWERS WITH COMPLETE
SOLUTIONS VERIFIED LATEST UPDATE GRADED
A++
Terms in this set (53)
Morality refers to conscious
principals of right an
wrong as determined
by one's own_________.
Ethics are.... A set of rules of conduct (right vs. wrong)
recognized by a particular group of
individuals
What is the main The punishment. Morals = feel bad. Ethics
difference between = censure, disciplinary procedures, or
violating your own license suspension. Law = fines,
morals, an ethical damages, jail.
code, or a law?
Jurisprudence The philosophy of law
Sarbanes Oxley Act Resulted in the installation of "ethics officers"
Business ethics The application of the code to business
https://quizlet.com/313607945/business-law-210-exam-1-wsu- 1/
flash-cards/ 6
, 7/17/25, 8:06
AM
decisions
Stakeholder Anyone who is potentially impacted by an
organization's actions
Corporate Social Duty that decision makers owe to society in
Responsibility general
The trial court will Pleadings, Exhibits, Transcripts, findings of fact,
create a record of the rulings of law, the court's decision
case which
includes:
Appellant The party who loses in the trial court and brings
the appeal
Appellee The part who won at trial and now had to defend
in the appellate court
U.S. District Courts Our federal trial courts
Diversity of Citizenship Occurs when the parties are residents of
different states and the amount in
controversy exceed $75,000
Federal Question Legal dispute based on a federal statute. treaty,
or the U.S. constitution
amicus curiae briefs Unique, people interested in the outcome
of a specific case can also submit their
own brief
Forum state The state in which the court is located
Concurrent The plaintiff may file suit in either court
jurisdiction
https://quizlet.com/313607945/business-law-210-exam-1-wsu- 2/
flash-cards/ 6
