Exam (elaborations)
Exam- Business Law Midterm Test with Solutions
- Course
- Institution
Exam- Business Law Midterm Test with Solutions
[Show more]
Seller
Follow
ExamRoom
Reviews received
Content preview
Exam- Business Law Midterm Test with SolutionsJames and Kay enter into a contract for the sale of a bicycle, but Kay later refuses to deliver
the goods. James asks a court to order Kay to perform as promised. Ordering a party to
perform what was promised is:
a) an equitable remedy.
b) an unenforceable demand.
c) an action.
d) beyond the court's authority. Correct-a) an equitable remedy
Sustainable Crops Corporation regularly expresses opinions on political issues, including
whether to ban the use of genetically modified organisms (GMOs). Under the First
Amendment, corporate political speech is:
a) discouraged.
b) forbidden.
c) protected.
d) required. Correct-c) protected
, Exam- Business Law Midterm Test with Solutions
In most states, the courts no longer grant "equitable" remedies.
T or F Correct-False
Lyndon, a citizen of Maryland, obtains a federal license to operate a commercial fishing boat
in a certain area off the Maryland coast. The Maryland state legislature enacts a law that bans
all commercial fishing in that area. The state law most likely violates:
a) no provision in the U.S. Constitution.
b) the commerce clause.
c) the due process clause.
d) the supremacy clause Correct-d) the supremacy clause
The U.S. Constitution explicitly mentions a general right to privacy.
T or F Correct-False
, Exam- Business Law Midterm Test with Solutions
State laws protect individuals' privacy rights.
T or F Correct-True
The Fourteenth Amendment guarantees a right to due process of law.
T or F Correct-True
International law is the law of a foreign nation and varies from country to country.
T or F Correct-False
Charles is a federal judge whose judicial decisions are part of case law, which does not include
interpretations of:
a) regulations created by administrative agencies.
b) constitutional provisions.
, Exam- Business Law Midterm Test with Solutions
c) statutes enacted by legislatures.
d) parties' subjective motives for engaging in litigation. Correct-d) parties' subjective
motives for engaging in litigation.
Under the Constitution, the judicial branch interprets the laws.
T or F Correct-True
According to the view that New Allied Manufacturing Corporation is a "citizen," New Allied is
expected to:
a) participate in bettering communities and society.
b) primarily generate revenue for its owners.
c) have no responsibility other than profit maximization.
d) efficiently allocate scarce resources. Correct-a) participate in bettering communities and
society.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 ExamRoom. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$24.57. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now