TEST BANK
Business Law Today: The Essentials — Text &
ST
Summarized Cases
Roger LeRoy Miller
UV
────────────────────────────────────────────────────
14th Edition
IA
?_
AP
PR
OV
TEST BANK
ED
??
, TABLE OF CONTENTS
Test Bank: Business Law Today The Essentials Text & Summarized Cases, 14th
Edition
ST
By Roger LeRoy Miller
CHAPTER 1 Legal and Constitutional Foundations of Business
CHAPTER 2 Courts and Alternative Dispute Resolution
UV
CHAPTER 3 Ethics in Business
CHAPTER 4 Tort Law
CHAPTER 5 Intellectual Property Rights
IA
CHAPTER 6 Internet Law, Social Media, and Privacy
CHAPTER 7 Criminal Law and Cyber Crime
CHAPTER 8 Agreement and Consideration in Contracts
?_
CHAPTER 9 Capacity, Legality, and Enforceability
CHAPTER 10 Contract Performance, Breach, and Remedies
AP
CHAPTER 11 Sales and Lease Contracts
CHAPTER 12 Performance and Breach of Sales and Lease Contracts
CHAPTER 13 Negotiable Instruments
PR
CHAPTER 14 Banking
CHAPTER 15 Creditors’ Rights and Bankruptcy
CHAPTER 16 Agency Relationships in Business
CHAPTER 17 Employment Law
OV
CHAPTER 18 The Entrepreneur’s Options
CHAPTER 19 Corporations
CHAPTER 20 Investor Protection, Insider Trading, and Corporate Governance
ED
CHAPTER 21 Antitrust Law and Promoting Competition
CHAPTER 22 Consumer Law
CHAPTER 23 Personal Property, Bailments, and Insurance
??
CHAPTER 24 Real Property and Environmental Law
CHAPTER 25 International and Space Law
, Name: Class: Date:
Chapter 1 - Legal and Constitutional Foundations of Business
Indicate whether the statement is true or false.
ST
1. All laws establish rights, duties, and privileges that are consistent with the values and beliefs of a society or its
ruling group.
a. True
b. False
UV
ANSWER: True
FEEDBACK: Correct All laws establish rights, duties, and privileges that are consistent with the
values and beliefs of a society or its ruling group.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight: normal;
" >All laws establish rights, duties, and privileges that are consistent with the values and
IA
beliefs of a society or its ruling group.</p>
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: Introduction
?_
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
KEYWORDS: BLOOM’S: Remember
AP
2. A secondary source of law is one that clarifies a source of primary law.
a. True
b. False
ANSWER: True
PR
FEEDBACK: Correct A secondary source of law is a book or article that summarizes and
clarifies a primary source of law.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight:
normal; " >A secondary source of law is a book or article that summarizes and clarifies a
primary source of law.</p>
OV
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Sources of American Law
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
ED
KEYWORDS: BLOOM’S: Understand
??
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, Name: Class: Date:
Chapter 1 - Legal and Constitutional Foundations of Business
3. Legal encyclopedias, law review articles, and treatises are sources of primary law.
a. True
ST
b. False
ANSWER: False
FEEDBACK: Correct Legal encyclopedias, compilations (such as Restatements of the Law,
UV
which summarize court decisions on a particular topic), official comments
to statutes, treatises, articles in law reviews published by law schools, and
articles in other legal journals are examples of secondary sources of
law, not primary.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight: normal;
IA
" ><span style="font-family:Times New Roman;font-size:11pt;color:#000000;font-
weight:normal" ><span style="font-size:11pt;font-family:'Times New Roman', serif" >Legal
encyclopedias, compilations (such as</span> <i ><span style="font-size:11pt;font-
family:'Times New Roman', serif" >Restatements of the Law</span></i><span style="font-
size:11pt;font-family:'Times New Roman', serif" >, which summarize court decisions on a
particular topic), official comments to statutes, treatises, articles</span> <span style="font-
?_
size:11pt;font-family:'Times New Roman', serif" >in law reviews published by law schools, and
articles in other legal journals are examples</span> <span style="font-size:11pt;font-
family:'Times New Roman', serif" >of secondary sources of law, <span style="font-
size:11pt;font-family:'Times New Roman', serif;border:none" >not primary.</span></span>
</span></p>
POINTS: 1
AP
DIFFICULTY: Challenging
REFERENCES: Sources of American Law
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
KEYWORDS: BLOOM’S: Understand
PR
4. Even if it conflicts with the U.S. Constitution, a state constitution is supreme within the borders of that state.
a. True
b. False
OV
ANSWER: False
FEEDBACK: Correct Each state in the union has its own constitution. Unless it conflicts with
the U.S. Constitution or a federal law, a state constitution is supreme
within that state’s borders.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight: normal;
ED
" >Each state in the union has its own constitution. Unless it conflicts with the U.S. Constitution
or a federal law, a state constitution is supreme within that state’s borders.</p>
POINTS: 1
DIFFICULTY: Challenging
REFERENCES: Sources of American Law
??
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
KEYWORDS: BLOOM’S: Understand
Powered by Cognero
Business Law Today: The Essentials — Text &
ST
Summarized Cases
Roger LeRoy Miller
UV
────────────────────────────────────────────────────
14th Edition
IA
?_
AP
PR
OV
TEST BANK
ED
??
, TABLE OF CONTENTS
Test Bank: Business Law Today The Essentials Text & Summarized Cases, 14th
Edition
ST
By Roger LeRoy Miller
CHAPTER 1 Legal and Constitutional Foundations of Business
CHAPTER 2 Courts and Alternative Dispute Resolution
UV
CHAPTER 3 Ethics in Business
CHAPTER 4 Tort Law
CHAPTER 5 Intellectual Property Rights
IA
CHAPTER 6 Internet Law, Social Media, and Privacy
CHAPTER 7 Criminal Law and Cyber Crime
CHAPTER 8 Agreement and Consideration in Contracts
?_
CHAPTER 9 Capacity, Legality, and Enforceability
CHAPTER 10 Contract Performance, Breach, and Remedies
AP
CHAPTER 11 Sales and Lease Contracts
CHAPTER 12 Performance and Breach of Sales and Lease Contracts
CHAPTER 13 Negotiable Instruments
PR
CHAPTER 14 Banking
CHAPTER 15 Creditors’ Rights and Bankruptcy
CHAPTER 16 Agency Relationships in Business
CHAPTER 17 Employment Law
OV
CHAPTER 18 The Entrepreneur’s Options
CHAPTER 19 Corporations
CHAPTER 20 Investor Protection, Insider Trading, and Corporate Governance
ED
CHAPTER 21 Antitrust Law and Promoting Competition
CHAPTER 22 Consumer Law
CHAPTER 23 Personal Property, Bailments, and Insurance
??
CHAPTER 24 Real Property and Environmental Law
CHAPTER 25 International and Space Law
, Name: Class: Date:
Chapter 1 - Legal and Constitutional Foundations of Business
Indicate whether the statement is true or false.
ST
1. All laws establish rights, duties, and privileges that are consistent with the values and beliefs of a society or its
ruling group.
a. True
b. False
UV
ANSWER: True
FEEDBACK: Correct All laws establish rights, duties, and privileges that are consistent with the
values and beliefs of a society or its ruling group.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight: normal;
" >All laws establish rights, duties, and privileges that are consistent with the values and
IA
beliefs of a society or its ruling group.</p>
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: Introduction
?_
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
KEYWORDS: BLOOM’S: Remember
AP
2. A secondary source of law is one that clarifies a source of primary law.
a. True
b. False
ANSWER: True
PR
FEEDBACK: Correct A secondary source of law is a book or article that summarizes and
clarifies a primary source of law.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight:
normal; " >A secondary source of law is a book or article that summarizes and clarifies a
primary source of law.</p>
OV
POINTS: 1
DIFFICULTY: Easy
REFERENCES: Sources of American Law
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
ED
KEYWORDS: BLOOM’S: Understand
??
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, Name: Class: Date:
Chapter 1 - Legal and Constitutional Foundations of Business
3. Legal encyclopedias, law review articles, and treatises are sources of primary law.
a. True
ST
b. False
ANSWER: False
FEEDBACK: Correct Legal encyclopedias, compilations (such as Restatements of the Law,
UV
which summarize court decisions on a particular topic), official comments
to statutes, treatises, articles in law reviews published by law schools, and
articles in other legal journals are examples of secondary sources of
law, not primary.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight: normal;
IA
" ><span style="font-family:Times New Roman;font-size:11pt;color:#000000;font-
weight:normal" ><span style="font-size:11pt;font-family:'Times New Roman', serif" >Legal
encyclopedias, compilations (such as</span> <i ><span style="font-size:11pt;font-
family:'Times New Roman', serif" >Restatements of the Law</span></i><span style="font-
size:11pt;font-family:'Times New Roman', serif" >, which summarize court decisions on a
particular topic), official comments to statutes, treatises, articles</span> <span style="font-
?_
size:11pt;font-family:'Times New Roman', serif" >in law reviews published by law schools, and
articles in other legal journals are examples</span> <span style="font-size:11pt;font-
family:'Times New Roman', serif" >of secondary sources of law, <span style="font-
size:11pt;font-family:'Times New Roman', serif;border:none" >not primary.</span></span>
</span></p>
POINTS: 1
AP
DIFFICULTY: Challenging
REFERENCES: Sources of American Law
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
KEYWORDS: BLOOM’S: Understand
PR
4. Even if it conflicts with the U.S. Constitution, a state constitution is supreme within the borders of that state.
a. True
b. False
OV
ANSWER: False
FEEDBACK: Correct Each state in the union has its own constitution. Unless it conflicts with
the U.S. Constitution or a federal law, a state constitution is supreme
within that state’s borders.
Incorrect <p style="font-family: Times New Roman; font-size: 11pt; color: #000000; font-weight: normal;
ED
" >Each state in the union has its own constitution. Unless it conflicts with the U.S. Constitution
or a federal law, a state constitution is supreme within that state’s borders.</p>
POINTS: 1
DIFFICULTY: Challenging
REFERENCES: Sources of American Law
??
LEARNING OBJECTIVES: BLTE.14e.MILLER.CY26 LO 1.1 - Identify the four primary sources of law in the
United States.
KEYWORDS: BLOOM’S: Understand
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