100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Foundations of the Legal Environment of Business International Edition 2nd Edition by Marianne M. Jennings - Test Bank $31.71   Add to cart

Exam (elaborations)

Foundations of the Legal Environment of Business International Edition 2nd Edition by Marianne M. Jennings - Test Bank

 0 view  0 purchase
  • Course
  • Institution
  • Book

Test Bank For Foundations of the Legal Environment of Business International Edition 2nd Edition by Marianne M. Jennings

Preview 4 out of 349  pages

  • October 5, 2023
  • 349
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
,Chapter 1: Introduction to Law


TRUE/FALSE

1. Violations of civil laws often result in imprisonment.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Civil Law

2. If Susan hits Debra, and Debra sues Susan for that act, Susan cannot also be prosecuted for that same
act.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Civil Law

3. There are no criminal laws at the federal level.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Statutory Law

4. Enforcing the terms of a consulting contract are an example of private law.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: Private Law

5. Substantive laws provide the means and mechanisms for the enforcement of laws.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Substantive Law

6. Stare decisis is Latin for "let the decision stand."

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: Stare Decisis

7. The common law in each state is the same.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Common Law

8. The power theory is part of jurisprudence but the justice theory is not.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Jurisprudence

9. The positive law theory provides that an individual follows ethical standards established by religious
beliefs.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Natural Law

10. Substantive laws are, in essence, the same thing as procedural laws.

, ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Substantive Law

11. Supporters of slavery relied heavily on natural law as a defense for it.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Natural Law

12. Those who believe in order theory would allow laws that control behavior or provide guidelines.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: Order theory

13. The scholars of jurisprudence generally agree on the theory of law.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Jurisprudence

14. Statutory law exists at all levels of government.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: Statutory Law

15. The United States Code includes laws on anticompetitive activities as well as laws regulating the sale
of securities.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: USC

16. Ordinances are generally found in state legislative codes.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Ordinances

17. The Code of Federal Regulations includes the enactments of federal administrative agencies.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: CFR

18. States do not have administrative laws.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Administrative laws

19. City ordinances generally cover the legal aspects of incorporation and securities registration.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Ordinances

20. Constitutions exist at both state and federal levels.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: Constitutions

, 21. Equitable remedies are not available in courts of law in the United States.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Equity

22. Laws' flexibility allow adjustments for technology changes.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: Characteristics

23. A personnel manual is an example of private law.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: Private Law

24. Pervasiveness, consistency, and rigidness are characteristics of law.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Characteristics

25. Criminal laws are generally enforced by individuals.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Criminal Laws

26. A multilateral treaty is a treaty among several nations.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: International Laws

27. The act of state doctrine permits other countries to intervene in a nation's government when human
rights are violated.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: International Laws

28. The EU has its own currency.

ANS: T PTS: 1 NAT: AACSB: Analytic
TOP: International Laws

29. The principle of stare decisis forbids a court from changing a doctrine already established judicially.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Stare Decisis

30. The Uniform Commercial Code and the Uniform Partnership Act are both enactments of Congress.

ANS: F PTS: 1 NAT: AACSB: Analytic
TOP: Stare Decisis

31. Party autonomy is not permitted in international contracts.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamsExpert. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $31.71. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75391 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$31.71
  • (0)
  Add to cart