TEST BANK
Business Law Today, Standard Edition
Roger LeRoy Miller
9th Edition
JN
U
R
SE
,Table of Contents
Unit 1: The Legal Environment of Business
1. The Legal Environment
2. Courts and Alternative Dispute Resolution
3. Court Procedures
4. Business and the Constitution
5. Business Ethics
Unit 2: Torts and Crimes
6. Torts and Cyber Torts
7. Crimes and Business
Unit 3: Contracts and E-Contracts
8. Nature and Classification of Contracts
JN
9. Agreement
10. Consideration
11. Capacity and Legality
12. Genuine Assent
13. The Statute of Frauds — Writing Requirement
U
14. Third Party Rights and Discharge
15. Contract Remedies
Unit 4: Domestic and International Sales and Lease Contracts
R
16. Formation of Sales and Lease Contracts
17. Title and Risk of Loss
18. Performance and Breach of Sales and Lease Contracts
SE
19. Warranties, Product Liability, and Consumer Law
Unit 5: Negotiable Instruments
20. The Function and Creation of Negotiable Instruments
21. Transferability and Holder in Due Course
22. Liability, Defenses, and Discharge
Unit 6: Creditors’ Rights and Bankruptcy
23. Secured Transactions
24. Bankruptcy
Unit 7: Agency and Employment
25. Agency Formation and Duties
26. Liability of Principals and Agents
27. Employment, Immigration, and Labor Law
Unit 8: Business Organizations
28. Sole Proprietorships and Franchises
,29. Partnerships
30. Limited Liability Companies and Special Business Forms
31. Corporate Formation and Financing
32. Corporate Directors, Officers, and Shareholders
Unit 9: Government Regulation
33. Investor Protection, Insider Trading, and Corporate Governance
34. Antitrust Law
35. Consumer Law
36. Environmental Law
Unit 10: Property and Its Protection
37. Real Property
38. Personal Property and Bailments
39. Insurance
40. Wills and Trusts
Unit 11: Global Environment
JN
41. International Law in a Global Economy
U
R
SE
, Chapter 1
The Legal Environment
N.B.: TYPE indicates that a question is new, modified, or unchanged,
as follows.
N A question new to this edition of the Test Bank.
JN
+ A question modified from the previous edition of the Test
Bank,
= A question included in the previous edition of the Test Bank.
U
TRUE/FALSE QUESTIONS
1. The law establishes rights, duties, and privileges that are consistent
R
with the values of society.
ANSWER: T PAGE: 2 TYPE: =
SE
NAT: AACSB Reflective AICPA Critical Thinking
2. Law includes enforceable rules governing relationships between
individuals and their society.
ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Legal
3. A federal law that conflicts with the U.S. Constitution will be deemed
unconstitutional.
ANSWER: T PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal
1
Business Law Today, Standard Edition
Roger LeRoy Miller
9th Edition
JN
U
R
SE
,Table of Contents
Unit 1: The Legal Environment of Business
1. The Legal Environment
2. Courts and Alternative Dispute Resolution
3. Court Procedures
4. Business and the Constitution
5. Business Ethics
Unit 2: Torts and Crimes
6. Torts and Cyber Torts
7. Crimes and Business
Unit 3: Contracts and E-Contracts
8. Nature and Classification of Contracts
JN
9. Agreement
10. Consideration
11. Capacity and Legality
12. Genuine Assent
13. The Statute of Frauds — Writing Requirement
U
14. Third Party Rights and Discharge
15. Contract Remedies
Unit 4: Domestic and International Sales and Lease Contracts
R
16. Formation of Sales and Lease Contracts
17. Title and Risk of Loss
18. Performance and Breach of Sales and Lease Contracts
SE
19. Warranties, Product Liability, and Consumer Law
Unit 5: Negotiable Instruments
20. The Function and Creation of Negotiable Instruments
21. Transferability and Holder in Due Course
22. Liability, Defenses, and Discharge
Unit 6: Creditors’ Rights and Bankruptcy
23. Secured Transactions
24. Bankruptcy
Unit 7: Agency and Employment
25. Agency Formation and Duties
26. Liability of Principals and Agents
27. Employment, Immigration, and Labor Law
Unit 8: Business Organizations
28. Sole Proprietorships and Franchises
,29. Partnerships
30. Limited Liability Companies and Special Business Forms
31. Corporate Formation and Financing
32. Corporate Directors, Officers, and Shareholders
Unit 9: Government Regulation
33. Investor Protection, Insider Trading, and Corporate Governance
34. Antitrust Law
35. Consumer Law
36. Environmental Law
Unit 10: Property and Its Protection
37. Real Property
38. Personal Property and Bailments
39. Insurance
40. Wills and Trusts
Unit 11: Global Environment
JN
41. International Law in a Global Economy
U
R
SE
, Chapter 1
The Legal Environment
N.B.: TYPE indicates that a question is new, modified, or unchanged,
as follows.
N A question new to this edition of the Test Bank.
JN
+ A question modified from the previous edition of the Test
Bank,
= A question included in the previous edition of the Test Bank.
U
TRUE/FALSE QUESTIONS
1. The law establishes rights, duties, and privileges that are consistent
R
with the values of society.
ANSWER: T PAGE: 2 TYPE: =
SE
NAT: AACSB Reflective AICPA Critical Thinking
2. Law includes enforceable rules governing relationships between
individuals and their society.
ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Legal
3. A federal law that conflicts with the U.S. Constitution will be deemed
unconstitutional.
ANSWER: T PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal
1
