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Test Bank for Business Law and the Regulation of.pdf
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True / False 1. The primary function of the law is to maintain stability in the social, political, and economic system while simultaneously permitting change. a. True b. False ANSWER: True 2. William Blackstone, an English jurist, defined law as “a rule of civil conduct prescribed by the su...

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  • November 14, 2023
  • 13
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • test bank for business law and the regulation ofp
  • test bank for business law and the regulation ofp
  • test bank for business law and the regulation ofp
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Test Bank for Business Law and the Regulation of
Business 13th Edition Mann




Page 1

, True / False

1. The primary function of the law is to maintain stability in the social, political, and economic system while
simultaneously permitting change.
a. True
b. False
ANSWER: True

2. William Blackstone, an English jurist, defined law as “a rule of civil conduct prescribed by the supreme power in a
state, commanding what is right, and prohibiting what is wrong.”
a. True
b. False
ANSWER: True

3. The common law system is used in most of Europe, Asia, and South America.
a. True
b. False
ANSWER: False

4. The law that creates, defines, and regulates legal rights and duties is called substantive.
a. True
b. False
ANSWER: True

5. The US Constitution provides that federal statutes supercede provisions of state constitutions and state statutes.
a. True
b. False
ANSWER: True

6. The burden of proof required in a criminal case is preponderance of the evidence.
a. True
b. False
ANSWER: False

7. The law does not change; it is based on unchanging and universal truths.
a. True
b. False
ANSWER: False

8. The main classifications of the law are (a) substantive and procedural, (b) public and private, and (c) civil and criminal.
a. True
b. False
ANSWER: True

9. Law is an instrument by which social control can be achieved.
a. True

Page 2

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