100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Smith and Roberson's Business Law International Edition 15th Edition by Richard A. Mann -Test Bank £22.99
Add to cart

Exam (elaborations)

Smith and Roberson's Business Law International Edition 15th Edition by Richard A. Mann -Test Bank

 5 views  1 purchase

Test Bank For Smith and Roberson's Business Law International Edition 15th Edition by Richard A. Mann Complete Test Bank

Preview 4 out of 692  pages

  • October 10, 2023
  • 692
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (1087)
avatar-seller
ExamsExpert
,Chapter 1—Introduction to Law


TRUE/FALSE

1. Philosophers and jurists agree on a single definition of law: rules of civil conduct prescribed by the
supreme power of a state, commanding what is right and prohibiting what is wrong.

ANS: F PTS: 1

2. The law is the same as moral and ethical concepts.

ANS: F PTS: 1

3. Law and justice represent separate and distinct concepts.

ANS: T PTS: 1

4. Substantive law establishes the rules for enforcing rights that exist in a society.

ANS: F PTS: 1

5. The federal Constitution provides that federal statutes and treaties are paramount to state constitutions.

ANS: T PTS: 1

6. Usual remedies granted in a criminal case include compensation for the victim.

ANS: F PTS: 1

7. The law does not change; it is based on unchanging and universal truths.

ANS: F PTS: 1

8. A reason for the application of sanctions is to assure that laws will be enforced.

ANS: T PTS: 1

9. A private citizen may bring a criminal action against an individual for breaking a criminal law.

ANS: F PTS: 1

10. Under the civil law system, adversaries initiate and conduct litigation.

ANS: F PTS: 1

11. The doctrine of stare decisis has the disadvantage of not allowing sufficient flexibility for the common
law to change.

ANS: F PTS: 1

© 2012 Cengage Learning. All Rights Reserved. This edition is intended for use outside of the U.S. only, with content that may be different
from the U.S. Edition. May not be scanned, copied, duplicated, or posted to a publicly accessible website, in whole or in part.

,12. In nearly every jurisdiction in the United States, courts of common law and courts of equity have
combined into a single court that administers both systems of law.

ANS: T PTS: 1

13. State statutes are subordinate to state constitutional mandates.

ANS: T PTS: 1

14. Laws that are enacted by legislatures are called statutes.

ANS: T PTS: 1

15. The Uniform Commercial Code is a federal law that applies to commercial transactions among the
states.

ANS: F PTS: 1

16. Laws passed by Congress are the supreme law of the land in the United States and take precedence
over the United States Constitution.

ANS: F PTS: 1

17. The final arbiter as to the constitutionality of laws passed by Congress or by the legislature of a state is
the Supreme Court of the United States.

ANS: T PTS: 1

18. The common law system of law is used in most of Europe, Scotland, and Latin America.

ANS: F PTS: 1

19. Decisions in state trial courts generally are reported or published.

ANS: F PTS: 1

20. The principle of stare decisis precludes courts from changing any decisions they previously
announced.

ANS: F PTS: 1

21. Under the principle of stare decisis, the U.S. Supreme Court must follow a rule of law applied by a
district court (federal trial court) in a prior decision involving a similar issue.

ANS: F PTS: 1

22. Common law systems of jurisprudence follow the inquisitorial method of adjudication.

ANS: F PTS: 1



© 2012 Cengage Learning. All Rights Reserved. This edition is intended for use outside of the U.S. only, with content that may be different
from the U.S. Edition. May not be scanned, copied, duplicated, or posted to a publicly accessible website, in whole or in part.

, 23. Business law topics such as contracts, agency, property, and trusts are governed primarily by the
common law.

ANS: T PTS: 1

24. The law is pervasive, and it is in part prohibitory and in part mandatory.

ANS: T PTS: 1

25. If the State of Minnesota negotiates with the Canadian government on issues involving acid rain and
eventually reaches an agreement with Canadian officials, this is a valid treaty under the United States
Constitution.

ANS: F PTS: 1

26. In the United States, treaties are not subject to judicial review.

ANS: F PTS: 1

27. The party bringing a civil lawsuit must prove the case by a preponderance of the evidence.

ANS: T PTS: 1

28. The primary function of law is to preserve the state.

ANS: F PTS: 1

29. Business law is primarily public law.

ANS: F PTS: 1

30. Decisions of state courts of appeals are published in volumes known as "reports."

ANS: T PTS: 1

31. The terms "law" and "justice" are interchangeable.

ANS: F PTS: 1

32. The President of the United States has the authority to issue laws.

ANS: T PTS: 1

33. You find a decision of the U.S. Court of Appeals in the Federal Reporter.

ANS: T PTS: 1




© 2012 Cengage Learning. All Rights Reserved. This edition is intended for use outside of the U.S. only, with content that may be different
from the U.S. Edition. May not be scanned, copied, duplicated, or posted to a publicly accessible website, in whole or in part.

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 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 ExamsExpert. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £22.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

52355 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£22.99  1x  sold
  • (0)
Add to cart
Added