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Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller. All Chapter 1-51 A+ Updated $13.49   Add to cart

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Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller. All Chapter 1-51 A+ Updated

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Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller. All Chapter 1-51 A+ Updated Table of Contents UNIT ONE: THE LEGAL ENVIRONMENT OF BUSINESS. 1. Law and Leg al Reasoning. 2. Business and the Constitution. 3. Ethics in Business —Appendix to Chapter 3...

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  • October 26, 2023
  • 922
  • 2023/2024
  • Exam (elaborations)
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Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller




Test Bank for Business Law: Text and Cases,
15th Edition, Kenneth W. Clarkson, Roger
LeRoy Miller



N.B.: TYPE indicates that a question is new, modified, or unchanged, as
follows.

N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.




A+ Page 1

,Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller

TRUE/FALSE QUESTIONS

A1. The stability and predictability of the law is essential to business activities.

ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Critical Thinking

A2. Law is a body of enforceable rules governing relationships among individuals
and between individuals and their society.

ANSWER: T PAGE: 2 TYPE: =

NAT: AACSB Analytic AICPA Legal

A3. A breach of a contract is a failure to perform it.

ANSWER: T PAGE: 3 TYPE: N

NAT: AACSB Ethics AICPA Critical Thinking

A4. Constitutional law includes only the U.S. Constitution.


ANSWER: F PAGE: 4 TYPE: =

NAT: AACSB Analytic AICPA Legal




A+ Page 2

,Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller


A5. A state constitution is supreme within the state’s borders.

ANSWER: T PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal

A6. Whether a law is constitutional depends on its source.


ANSWER: F PAGE: 4 TYPE: =

NAT: AACSB Analytic AICPA Legal

A7. Uniform laws apply in all states, including those in which the laws have not
been adopted.

ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal

A8. A state law that conflicts with the U.S. Constitution will be deemed
unconstitutional.


ANSWER: T PAGE: 4 TYPE: =

NAT: AACSB Analytic AICPA Legal

A9. Statutory law does not include county ordinances.


ANSWER: F PAGE: 4 TYPE: =

NAT: AACSB Reflective AICPA Legal

A10. No state has adopted the Uniform Commercial Code in its entirety.

ANSWER: F PAGE: 5 TYPE: =

NAT: AACSB Reflective AICPA Legal

A11. Common law is a term for law that is common throughout the world.


ANSWER: F PAGE: 7 TYPE: =

NAT: AACSB Analytic AICPA Critical Thinking




A+ Page 3

, Test Bank for Business Law: Text and Cases, 15th Edition, Kenneth W. Clarkson, Roger LeRoy Miller


A12. Damages is a remedy at law.


ANSWER: T PAGE: 7 TYPE: =

NAT: AACSB Analytic AICPA Legal

A13. Remedies in equity include injunctions and decrees of specific performance.


ANSWER: T PAGE: 7 TYPE: =

NAT: AACSB Analytic AICPA Legal

A14. In most states, the courts no longer grant “equitable” remedies.


ANSWER: F PAGE: 8 TYPE: =

NAT: AACSB Analytic AICPA Legal

A15. A defendant is a person against whom a lawsuit is brought.


ANSWER: T PAGE: 8 TYPE: =

NAT: AACSB Analytic AICPA Legal

A16. Courts do not depart from precedents.

ANSWER: F PAGE: 9 TYPE: =

NAT: AACSB Reflective AICPA Critical Thinking

A17. A judge’s function is to make the law.

ANSWER: F PAGE: 13 TYPE: N

NAT: AACSB Analytic AICPA Legal

A18. Criminal law focuses on duties that exist between persons.

ANSWER: F PAGE: 14 TYPE: =
NAT: AACSB Analytic AICPA Legal




A+ Page 4

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