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Exam (elaborations)
BUSINESS LAW QUESTIONS AND ANSWERS A+
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---2May 20242023/2024A+
- inesses that are organized in th 
2. Ch1: Laws in the U.S. are not set to evolve with 
changes in social norms. 
False 
3. Ch1: The Law and Economics School of jurisprudential thought holds that rights are not worth protecting 
if it is too costly from an economic viewpoint 
True 
4. Ch1: The Critical Legal Studies School proposes that 
legal rules are unnecessary and are used as an obstacle by the powerful to maintain the status quo 
True
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