Business Law correct answers Enforceable rules of conduct that govern commercial relationships
Private Law correct answers Involves disputes between private individuals or groups
Public Law correct answers Involves disputes between private individuals or groups and their government
Civil L...
MGMT 209 EXAM 1 || GRADED A+
Business Law correct answers Enforceable rules of conduct that govern commercial
relationships
Private Law correct answers Involves disputes between private individuals or groups
Public Law correct answers Involves disputes between private individuals or groups and their
government
Civil Law correct answers Involves the rights and responsibilities involved in relationships
between persons and between persons and their government
Criminal Law correct answers Involves incidents in which someone commits an act against
the public as a whole
Stare Decisis correct answers to stand on decided cases, is judge made law - helps courts be
more efficient and makes the law more predictable
Ethics correct answers The study of right and wrong behavior, whether an action is fair, right,
or unjust
Business Ethics correct answers the application of moral and ethical principles to the
marketplace and workplace
Social Responsibility correct answers promote goals that society considers worthwhile and
take positive steps towards solving problems
Kantian Ethics correct answers Belief that general guiding principles for moral behavior can
be derived from human nature
Utilitarianism correct answers an ethical theory that determines right from wrong by focusing
on outcomes (if it affects the majority adversely, it is morally wrong)
Original Jurisdiction correct answers The power to hear and decide cases when they first
enter the legal system
Appellate Jurisdiction correct answers The power to review previous judicial decisions to
determine whether trial courts erred in their decisions
In Personam Jurisdiction correct answers power of a court to compel the presence of the
parties (including corporations) to a dispute to appear before a court and litigate
In Rem Jurisdiction correct answers the power of a court over an item of real or personal
property (such as a piece of land or a marriage)
Long Arm Statute correct answers law which gives a local state court jurisdiction over an
out-of-state company or individual whose actions caused damage locally or to a local resident
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