The Legal Environment of Business – 12th Edition (Meiners, Ringleb, Edwards) – Complete Test Bank with Verified Questions and Answers

, TEST BANK FOR THE LEGAL ENVIRONMENT OF BUSINESS 12TH EDITION MEINERS RINGLEB
EDWARDS

Multiple Choice
1. The first thing a business with a civil dispute going to litigation must determine is:
a. which court has the power and authority to decide the case
b. the lowest settlement it is willing to take
c. how the press will view the case
d. how the case will affect profit margins
e. none of the other choices are correct

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
NATIONAL STANDARDS: United States - BUSPROG: Communication
STATE STANDARDS: United States - Universal - DISC: AICPA: BB-Legal
TOPICS: A-Head: The Court Systems
KEYWORDS: Bloom's: Knowledge

2. The U.S. Constitution provides that the judicial power (the court system) is:
a. determined by the Congress establishing such courts as it deems necessary
b. determined by the President with the advice and consent of the Senate
c. in one Supreme Court and in lower courts as the Supreme Court may establish
d. in one Supreme Court and in lower courts as Congress may establish
e. none of the other choices are correct

ANSWER: d
POINTS: 1
DIFFICULTY: Easy
NATIONAL STANDARDS: United States - BUSPROG: Communication
STATE STANDARDS: United States - Universal - DISC: AICPA: BB-Legal
TOPICS: A-Head: The Court Systems
KEYWORDS: Bloom's: Knowledge

3. The U.S. Constitution provides that the judicial power (the court system) is:
a. determined by the Congress establishing such courts as it deems necessary
b. determined by the President with the advice and consent of the Senate
c. in one Supreme Court and in lower courts as the Supreme Court may establish
d. in one Supreme Court and in lower courts as the President may establish
e. none of the other choices are correct

ANSWER: e
POINTS: 1
DIFFICULTY: Easy
NATIONAL STANDARDS: United States - BUSPROG: Communication
STATE STANDARDS: United States - Universal - DISC: AICPA: BB-Legal
TOPICS: A-Head: The Court Systems

,Full file at http://testbankscafe.eu/Test-Bank-for-The-Legal-Environment-of-Business-12th-Edition-Meiners,-Ringleb,-Edwards
KEYWORDS: Bloom's: Knowledge

, Full file at http://testbankscafe.eu/Test-Bank-for-The-Legal-Environment-of-Business-12th-Edition-Meiners,-Ringleb,-Edwards


4. The Supreme Court was created:
a. by the Constitution
b. by the Declaration of Independence
c. by England when the U.S. was a colony; it was retained when the nation was formed
d. by the Bill of Rights
e. by Congress in 1832

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
NATIONAL STANDARDS: United States - BUSPROG: Communication
STATE STANDARDS: United States - Universal - DISC: AICPA: BB-Legal
TOPICS: A-Head: The Court Systems
KEYWORDS: Bloom's: Knowledge

5. The Supreme Court was created:
a. by the President
b. by the Declaration of Independence
c. by England when the U.S. was a colony; it was retained when the nation was formed
d. by the Bill of Rights
e. none of the other choices are correct

ANSWER: e
POINTS: 1
DIFFICULTY: Easy
NATIONAL STANDARDS: United States - BUSPROG: Communication
STATE STANDARDS: United States - Universal - DISC: AICPA: BB-Legal
TOPICS: A-Head: The Court Systems
KEYWORDS: Bloom's: Knowledge

6. The federal court system is a(n) system:
a. one-level
b. executive
c. legislative
d. three-level
e. four-level

ANSWER: d
POINTS: 1
DIFFICULTY: Easy
NATIONAL United States - BUSPROG: Communication
STANDARDS: STATE United States - Universal - DISC: AICPA: BB-
STANDARDS: TOPICS: Legal A-Head: The Court Systems
KEYWORDS: Bloom's: Knowledge