MIE 305 Kuzenski Exam Set
Questions With Reviewed
Correct Detailed Answers
New Update!!
1. Buckle's Business Process Pragmatism (5 Steps) - ANSWER 1. Inquiry
2. Discussion
3. Decision
4. Justification
5. Evaluation
2. Sarbanes-Oxley Act - ANSWER requires companies to set up confidential
systems so that employees and others can raise red flags about suspected illegal
or unethical auditing and accounting principles
3. Foreign Corrupt Practices Act - ANSWER Act which prohibits US
businesspersons from bribing foreign officials to secure advantageous contracts
4. Checks and Balances - ANSWER national government powers are divided
among three branches... Executive, Legislative, Judicial
5. Commerce Clause - ANSWER article 1, section 8, of the US Constitution
that gives congress the power to regulate interstate commerce
, 6. Supremacy Clause - ANSWER It establishes that the federal constitution,
and federal law generally, take precedence over state laws, and even state
constitutions.
7. Preemption - ANSWER Doctrine under which certain federal laws
preempt, or take precedence over, conflicting state or local laws
8. Bill of Rights - ANSWER First 10 Amendments of the Constitution
9. Primary Source of Law - ANSWER Document that establishes the law on a
particular issue
10. Secondary Source of Law - ANSWER publication that summarizes or
interprets the law
11. Constitutional Law - ANSWER Body of law derived from the US
constitution
12. Statutory Law - ANSWER (state law) body of law enacted by legislative
bodies
13. Administrative Law - ANSWER laws which consist of rules for
administrative agencies
14. Case Law - ANSWER rules of law announced in court decisions
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