UVA Comm Law Quiz Correctly Answered.
business law - CORRECT ANSWER creation and enforcement of duties, obligations, and rights reflecting accepted values of our society
duty - CORRECT ANSWER an act or course of action that is required of an individual by social custom of law
obligations -...
UVA Comm Law Quiz Correctly
Answered.
business law - CORRECT ANSWER creation and enforcement of duties, obligations, and rights reflecting
accepted values of our society
duty - CORRECT ANSWER an act or course of action that is required of an individual by social custom of
law
obligations - CORRECT ANSWER you must do what you said you would do; certain obligations are legal
when a person agrees to bind himself/herself to a course of action ex. contract
rights – CORRECT ANSWER protections for business and citizens; constitutional (U.S Bill of Rights, State)
or statutory (written rights ex right to worker's compensation)
purpose of laws - CORRECT ANSWER - maintain order
- protection
- safe guarding against business risk
- settle disagreements
- limit the power of government
- consistency
ethics - CORRECT ANSWER individual standards based on moral principles of what an individual believes
is right/good/fair
moral minimum - CORRECT ANSWER law is the ______
law - CORRECT ANSWER -reflection of moral principles shared by society
- can also be morally neutral & simply reflect the governments duty to provide for the public's health,
safety, & welfare
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