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Business Law Pre-Assessment: 70 Actual Exam Questions and Answers (100% Correct)

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Get ready for your Business Law exam with this complete pre-assessment. This resource includes all 70 actual exam questions with verified 100% correct answers. Ideal for college students, paralegals, and business majors, this PDF is your key to testing your knowledge on contracts, torts, agency, the UCC, and more. Download now to practice and guarantee a passing score.

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WGU C713 Business Law Pre Assessment Actual
Exam All 70 Questions with 100% Correct Answers/
C713 Pre Assessment Test 2025 Prep


Which type of law governs an individual's prosecution for
the crime of theft? - ...ANSWER...✓✓ Statutory law


From which source do laws governing crimes primarily
arise? - ...ANSWER...✓✓ Statutory law


Which type of laws provides the basis for substantive due
process and equal protection? - ...ANSWER...✓✓
Constitutional law


Which source of law involves government agencies that
interpret and enforce new laws? - ...ANSWER...✓✓
Administrative law


Two individuals are involved in a dispute over whether
Individual A properly constructed an office building for
Individual B. They enlist Individual C, who attempts to get
them to resolve their differences but has no power to
determine the final resolution of the contract dispute.

,2|Page




Which type of alternative dispute resolution is this an
example of? - ...ANSWER...✓✓ Mediation


Company A threatens to sue Company B. Both sides
agree to have their attorneys discuss the matter and
attempt to reach a resolution before the dispute goes to
trial.


Which type of alternative dispute resolution is reflected in
this situation? - ...ANSWER...✓✓ Negotiation


Two business owners agree to have their lawyers sit in a
neutral site and work out a contract dispute together
rather than allowing the matter to go to trial.


Which type of alternative dispute resolution is this an
example of? - ...ANSWER...✓✓ Negotiation


Which expression describes when each state court is
obligated to respect the final judgement of courts in other
states? - ...ANSWER...✓✓ Full faith and credit

, 3|Page



A citizen of California is suing a citizen of Washington
over a $100,000 contract dispute.


Which court would hear this case? - ...ANSWER...✓✓
Federal District Court


Which document currently allows the U.S. federal
government to levy and collect taxes, regulate commerce
with foreign countries, and regulate interstate
commerce? - ...ANSWER...✓✓ The U.S. Constitution


What part of the U.S. Constitution allows the federal
government to regulate business practices? -
...ANSWER...✓✓ The commerce clause


Which category of speech does advertising fit into? -
...ANSWER...✓✓ Protected with limitations


William, who attends a private university, moves into
student housing at the beginning of the school year.
William wants to share a dorm room with his best friend,
Alice. The university's rules state that married couples
may live together in the same dorm room; however,
unmarried men and women are prohibited from residing

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