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Dynamic Business Law 3rd Edition By Nancy K. Kubasek and M. Neil Browne - Test Bank
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, Chapter 01An Introduction to Dynamic Business Law
True / False Questions
1. Business law consists of the enforceable rules of conduct that govern commercial
relationships.
True False
2. Because of the law, we rely on the goodwill and dependability of one another.
True False
3. Public law controls disputes between private individuals or between groups and their
government.
True False
4. Cyberlaw is based primarily on existing laws.
True False
5. Another name for case law is common law.
True False
6. Case law interpretations are law unless they are revoked later by new statutory law.
True False
7. The term "stare decisis" means "reversing the decision."
True False
8. The decision of a state supreme court is binding on a lower state court located in the
state.
True False
9. Constitutions and statutes are complete in the sense of covering the detailed rules
that affect government and business relations.
True False
1-1
Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
,10. Presidents claim the power to issue executive orders on the basis of their Article II,
Section 1, constitutional power to "take care that the laws be faithfully executed."
True False
11. The term "natural law" is another word for "legal positivism."
True False
Multiple Choice Questions
12. Joan comes to Mike's law office to ask him about the law in regard to dogs running at
large in her neighborhood. Mike tells Joan that he will research the issue and get back
with her. Where should Mike look first in order to locate applicable law?
A. Restatemen
ts
B. State
statutes
C. Case
law
D. The state
constitution
E. Executive
orders
13. Which of the following refers to the ability to understand the structure of what
someone is saying and then apply a set of criteria to evaluate its worth?
A. Absolute
skills
B. Critical-thinking
skills
C. Cost-benefit
skills
D. Reviewability
skills
E. Traditional lawyer
skills
1-2
Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, 14. Which of the following would be relevant areas of business law to a human resource
manager?
A. Contracts, employment and labor law, and employment
discrimination
B. Contracts
only
C. Contracts and labor law, but not employment
discrimination
D. Employment and labor law, but not
contracts
E. Human resource managers hold administrative positions and are not concerned
with areas of business law
15. Laws are enforced by which of the following?
A. State
legislatures
B. Federal
Congress
C. Community
consensus
D. Court
s
E. The executive
branch
16. A majority of citizens in a democracy can agree to permit certain authorities to make
and enforce rules describing what behavior is permitted and encouraged in their
community. These rules are what we refer to as the ______.
A. Electoral
college
B. Community
standard
C. Democratic
validation
D. Stare
decisis
E. La
w
1-3
Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
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