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LES 305 Practice Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
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LES 305 Practice Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
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LES 305 Practice Exam | Questions And Answers Latest {2024- 2025} A+ Graded | 100%Verified
Universalization approach - "What if everyone took these same actions"
Government Hand Theory or the Invisible Hand (Adam Smith) - Tom believes that adhering to laws and
statutes passed by courts of law will make his pesticide manufacturing company socially responsible. In
his company, business decisions are simply made to avoid breaking the law. Which theory of corporate
social responsibility does Tom most likely follow?
Ypsilanti Township v. General Motors Corporation - Ypsilanti was not successful in a suit against GMC for
breach of promise and misrepresentation. The court found that GMC's promises of continued
operations based on receipt of tax abatements were not legally binding.
Broadcast News Test - In today's media environment, very little goes unnoticed or unreported, so it
might be even more appropriate to ask how one would feel if a video of a major decision went viral.
Kauffman-Harmon v. Kauffman - Mr. Kauffman sued his children to have all stock given to them
transferred back to him, claiming their possession was only a temporary trust, the court found that he
children owned the stock and Mr. Kauffman's claims were barred by the clean hands doctrine.
Securities Law - issuing and selling securities (stocks)
Common Law - derived from british law
statue of limitations - sets the time within which a lawsuit must be filed after an injury occurs.
Uniform Commercial Code - adopted in every state but Louisiana
Substantive Law - group of laws that define rights and duties
, i.e - freedom of speech
Procedural Law - Search and Seizure
Gonzalez v. Raich - patients who were prescribed medical marijuana sought to prevent enforcement of
the federal Controlled Substances Act (CSA) in medical marijuana cases. They claimed enforcement
violated the Commerce Clause because the medical marijuana was cultivated and possessed within state
borders and did not enter the stream of commerce
The U.S. Supreme Court decided: the government had a rational basis for believing that locally
cultivated marijuana would end up in interstate commerce.
enumerated powers - powers granted to congress by the constitution
U.S vs Lopez - The Court invalidated the Gun-Free School Zones Act on the basis that it was beyond the
commerce powers of Congress. In Lopez, the Court struck down the Gun-Free School Zones Act of 1990.
The Court concluded that the banning of firearms in local schools was a state police power and,
therefore, more appropriately handled by the state government.
Intermediate level scrutiny - The middle level of scrutiny applied by courts deciding constitutional issues
through judicial review; upheld if the government shows that a regulation involves an important
government objective that is furthered by substantially related means.
Courts will uphold government actions as constitutional so long as the government can prove that its
action advanced an important government objective and that the action is substantially related to the
government's objective.
Federal Judges - nominated by the president and confirmed by the senate
The "effects" test - to establish personal jurisdiction over an out-of-state defendant in certain cases
when minimum contacts do not otherwise exist.
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