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Test Bank for The Legal Environment of Business Text and Cases, 11th Edition Cross (All Chapters included)
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Complete Test Bank for The Legal Environment of Business Text and Cases, 11th Edition by Frank B. Cross, Roger LeRoy Miller ; ISBN13: 9780357129760. (Full Chapters included Chapter 1 to 28).... 1. Law and Legal Reasoning. 2. Business and the Constitution. 3. Ethics in Business. 4. Courts and Al...

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  • December 7, 2023
  • 359
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

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  • Business Analytics
  • Business Analytics

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The Legal Environment of Business
Text and Cases
11th Edition
by Frank B. Cross

Complete Chapters Test Bank are
included (Ch 1 to 28)


** Immediate Download
** Swift Response
** All Chapters included

,Name: Class: Date:

Ch01: Law and Legal Reasoning
True / False

1. In the United States, the law consists of written laws and court decisions.
a. True
b. False
ANSWER: True

2. The legal rules that control a business’s actions reflect past and current thinking about how similar businesses
should and should not act.
a. True
b. False
ANSWER: True

3. Because laws may change, the ability to analyze and evaluate the legal ramifications of situations as they
arise is not a lasting skill.
a. True
b. False
ANSWER: False

4. The study of business law does not involve an ethical dimension.
a. True
b. False
ANSWER: False

5. Compartmentalizing the law into discrete topics indicates that each business transaction is subject to only one
specific area of the law.
a. True
b. False
ANSWER: False

6. A constitution is a primary source of law.
a. True
b. False
ANSWER: True

7. A statute is a secondary source of law.
a. True
b. False
ANSWER: False

8. A secondary source of law establishes the law on a particular issue.
a. True
b. False
ANSWER: False

Page 1

, Name: Class: Date:

Ch01: Law and Legal Reasoning

9. Courts often refer to secondary sources of law for guidance in interpreting and applying a primary source of
law.
a. True
b. False
ANSWER: True

10. Even if it conflicts with the U.S. Constitution, a state constitution is supreme within that states’ borders.
a. True
b. False
ANSWER: False

11. The U.S. Constitution is the basis of all law in the United States.
a. True
b. False
ANSWER: True

12. Only if a state legislature adopts a uniform law does that law become part of the statutory law of that state.
a. True
b. False
ANSWER: True

13. A citation is a regulation enacted by a city or county legislative body.
a. True
b. False
ANSWER: False

14. A local ordinance commonly has to do with a matter concerning only a local governing unit.
a. True
b. False
ANSWER: True

15. A federal statute applies only to those states that agree to apply it within their borders.
a. True
b. False
ANSWER: False

16. Congress or a state legislature establishes an administrative agency to perform a specific function.
a. True
b. False
ANSWER: True

17. Independent regulatory agencies are not subject to the authority of the president.
a. True
b. False
Page 2

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