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MIE 305 Exam Set Questions With Reviewed Correct Detailed Answers New Update!!

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MIE 305 Exam Set Questions With Reviewed Correct Detailed Answers New Update!! 1. Law and business intersect in how many ways 2 2. What are the two ways that law and business intersects? 1) Law controls the relationships between parties 2) How the government regulates business beha...

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  • December 31, 2024
  • 25
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • mie 305
  • law
  • court
  • mie 305 exam set questions with reviewed correc

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  • MIE 305

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MIE 305 Exam Set
Questions With Reviewed
Correct Detailed Answers
New Update!!

1. Law and business intersect in how many ways
2
2. What are the two ways that law and business intersects?
1) Law controls the relationships between parties
2) How the government regulates business behavior


3. Ancient international trade laws used in Europe
Law Merchant
These were located along major trade routes to settle trading disputes


4. Merchant courts (guilds)
merchant courts (guilds) were located along major trade routes to settle trading
disputes. This is an example of what type of law


5. Private law
this allows one to identify legal risks and effectively reduce or eliminate liability
from those risks
6. According to knowledge of law what are the two types of risks?

,internal and external
regime that orders human activities and relations through systematic application
of the force of politically organized society, or through social pressure, backed by
force
Law
This is used to maintain order/social control
Law
This issues prescriptions and proscriptions
Law


7. What are the three ways that social control is characterized by?
1) Explicit rules of conduct
2) Planned use of sanctions to support the rules
3) Designated officials to interpret and enforce the rules, and often make them


8. The ideology of social control was created by who?
Steven Vago


9. This settles disagreements between parties
dispute resolution


10.The ideology of dispute resolution was created by ?
Steven Vago


11. What does Steven Vago state are the 3 functions of law?
social control, dispute resolution, and social change

, 12. Planned and directed social change initiated, guided and supported by the
law
social change


13. This considers law as a neutral framework for maintaining social
integration and is used to solve these problems
consensus perspective


14. This considers society as consisting of individuals and groups characterized
by conflict and dissension and held together by coercion
Conflict perspective


15. The consensus perspective and the conflict perspective are also known as ?
paradigms of society
This provides the rights and duties between parties, the powers and
responsibilities between governmental entities and non-governmental
organizations, a mechanism for creating law, and a process for enforcing laws
Legal System


16. What are the 3 goals of the legal system?
promote order, allow justice to be attained, and cultivate a sense of
reasonableness
17. This goal of the legal system
This goal of the legal system ensures that legal controversies come to an end and
the process is as swift as possible
18. Promote Order

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