Test Bank for The Legal Environment of Business, 2024 Release by Sean Melvin
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Module
Business law
Institution
Business Law
Test Bank for The Legal Environment of Business: A Managerial Approach: Theory to Practice 2024 Release Evergreen 4e 4th Edition by Sean Melvin, F. E. Guerra-Pujol. Complete chapters (Chap 1 to 25) are included with answers.
UNIT ONE: FUNDAMENTALS OF THE LEGAL ENVIRONMENT OF BUSINESS
Chapter 1 ...
Chap 1 2024 - Melvin
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Jurisprudence is roughly defined as the science and philosophy of law.
1) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Easy
Gradable : automatic
Learning Objective : 01-01 Understand the broad definition and origins of law.
Topic : Introduction to Law
Source : Chapter 01 Test Bank - Static > TB TF Qu. 11 Jurisprudence is roughly...
2) Law today is crucial to business by creating some degree of reliability to be used in business
planning, commercial transactions, and promoting good faith dealing among merchants and
consumers.
2) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Apply
Business Competency : Reflective Thinking
Difficulty : 3 Hard
Gradable : automatic
Learning Objective : 01-02 List and explain the purposes of the law.
Topic : Purposes of Law
Source : Chapter 01 Test Bank - Static > TB TF Qu. 12 Law today is crucial to business...
1
,3) It is less common for states to amend their constitutions than it is for Congress to amend the
U.S. Constitution.
3) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Analytical Thinking
Difficulty : 2 Medium
Evergreen Release : Updated 2024
Gradable : automatic
Learning Objective : 01-05 Recognize, explain, and give examples of sources of American law.
Topic : Sources and Levels of American Law
Source : Chapter 01 Test Bank - Static > TB TF Qu. 13 It is less common for states...
4) A presidential veto may be overridden by a two-thirds majority vote of the Senate.
4) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Apply
Business Competency : Analytical Thinking
Difficulty : 3 Hard
Gradable : automatic
Learning Objective : 01-05 Recognize, explain, and give examples of sources of American law.
Topic : Sources and Levels of American Law
Source : Chapter 01 Test Bank - Static > TB TF Qu. 14 A presidential veto may be...
2
,5) Most schools of jurisprudential thought center on the government’s role in creating the law.
5) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Analytical Thinking
Difficulty : 2 Medium
Gradable : automatic
Learning Objective : 01-01 Understand the broad definition and origins of law.
Topic : Introduction to Law
Source : Chapter 01 Test Bank - Static > TB TF Qu. 15 Most schools of jurisprudential...
6) Courts routinely question and overturn administrative agency decisions involving how and
when an agency enforces a regulation.
6) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Analytical Thinking
Difficulty : 2 Medium
Evergreen Release : Updated 2024
Gradable : automatic
Learning Objective : 01-05 Recognize, explain, and give examples of sources of American law.
Topic : Sources and Levels of American Law
Source : Chapter 01 Test Bank - Static > TB TF Qu. 16 Courts routinely question...
3
, 7) The power of courts to establish law in matters not specifically addressed by statutes is very
limited in common law countries.
7) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Analytical Thinking
Difficulty : 2 Medium
Gradable : automatic
Learning Objective : 01-05 Recognize, explain, and give examples of sources of American law.
Topic : Sources and Levels of American Law
Source : Chapter 01 Test Bank - Static > TB TF Qu. 17 The power of courts to establish...
8) Equitable remedies are available to compensate injured parties in both civil and criminal
lawsuits.
8) ______
⊚ true
⊚ false
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Analytical Thinking
Difficulty : 2 Medium
Gradable : automatic
Learning Objective : 01-08 Differentiate between the concepts of law and equity.
Topic : Law versus Equity
Source : Chapter 01 Test Bank - Static > TB TF Qu. 18 Equitable remedies are available...
4
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