100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Business law exam 1 Auburn Acct 2700 Study Guide Solutions $12.49   Add to cart

Exam (elaborations)

Business law exam 1 Auburn Acct 2700 Study Guide Solutions

 0 view  0 purchase
  • Course
  • Prep Tests
  • Institution
  • Prep Tests

Business law exam 1 Auburn Acct 2700 Study Guide Solutions Niether congress nor any state can pass a law that is - ANSWER-in conflict with the constitution We have a Federal form of government which means that - ANSWER-the national government and the states share sovereign power State regulat...

[Show more]

Preview 2 out of 14  pages

  • November 12, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Prep Tests
  • Prep Tests
avatar-seller
EmilyCharlene
Business law exam 1 Auburn Acct 2700
Study Guide Solutions

Niether congress nor any state can pass a law that is - ANSWER✔✔-in conflict with the

constitution


We have a Federal form of government which means that - ANSWER✔✔-the national

government and the states share sovereign power


State regulatory powers are referred to as - ANSWER✔✔-Police Powers


Dormant commerce clause - ANSWER✔✔-The negative aspect of the commerce clause

which implies that the states do not have the power to regulate interstate commerce


Legal persons vs. natural persons - ANSWER✔✔-natural persons are individuals who

benefit from all ten privileges in the bill of rights, legal persons include business which

count as legal entities and benefit from SOME of the freedoms listed in the bill of rights


One primary source of American law is: - ANSWER✔✔-U.S. Constitution


T/F: State constitutions are a primary source of law - ANSWER✔✔-True


Law based on documents setting forth the general organization, powers, and limits of

the government is called - ANSWER✔✔-Constitutional Law

Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
Page 1/14

, Of the US laws, the Constitution is - ANSWER✔✔-Supreme


If the supreme court determines that a state criminal law violates the fourth

amendment, that law will be declared - ANSWER✔✔-unconstitutional


Statutes, primary sources of law come from ______ and state and local ________. -

ANSWER✔✔-congress; legislatures


T/F Federal statutes do not apply to states, only to the Federal Government -

ANSWER✔✔-false


The _____ is a uniform law adopted by all states, that facilitates business transactions -

ANSWER✔✔-Uniform commercial code


Administrative agencies are created to - ANSWER✔✔-perform specific government

functions delegated to them by the legislature


The Federal Trade Commision is an example of - ANSWER✔✔-an independent

regulatory agency


T/F In the English system, remedies at law consisted of any action or order that would

correct the wrong - ANSWER✔✔-False


Remedies in ______ include specific performance - ANSWER✔✔-equity


t/f: A precedent is a decision that furnishes an example or authority for deciding

subsequent cases involving similar legal principles and facts. - ANSWER✔✔-True


Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED
Page 2/14

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 EmilyCharlene. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78140 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
$12.49
  • (0)
  Add to cart