100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank for The Legal Environment of Business, A Managerial Approach Theory to Practice 2024 Release By Sean Melvin and F. E. Guerra-Pujol $17.49   Add to cart

Exam (elaborations)

Test Bank for The Legal Environment of Business, A Managerial Approach Theory to Practice 2024 Release By Sean Melvin and F. E. Guerra-Pujol

 16 views  0 purchase
  • Course
  • Tests Bank
  • Institution
  • Tests Bank

Test Bank for The Legal Environment of Business, A Managerial Approach Theory to Practice 2024 Release By Sean Melvin and F. E. Guerra-Pujol

Preview 4 out of 796  pages

  • September 7, 2024
  • 796
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
  • Tests Bank
  • Tests Bank
avatar-seller
solutions
Test Bank for
The Legal Environment of Business, A Managerial Approach Theory to Practice
2024 Release By Sean Melvin and F. E. Guerra-Pujol
Chapter 1-25 Answers are at the End of Each Chapter

Chapter 1
Student name:
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.

⊚ true
⊚ false



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.

⊚ true
⊚ false



3) It is less common for States to amend their constitutions than it is for Congress to amend
the U.S. Constitution.

⊚ true
⊚ false



4) A presidential veto may be overridden by a two-thirds majority vote of the Senate.
⊚ true
⊚ false



5) Most schools of jurisprudential thought center on the government’s role in creating the
law.
⊚ true
⊚ false



Version 1 1

,6) Courts routinely question and overturn administrative-agency decisions involving how
and when an agency enforces a regulation.
⊚ true
⊚ false

7) The power of courts to establish law in matters not specifically addressed by statutes is
very limited in common law countries.

⊚ true
⊚ false



8) Equitable remedies are available to compensate injured parties in both civil and criminal
lawsuits.
⊚ true
⊚ false



9) Most states have combined courts of law and equity.

⊚ true
⊚ false



10) A statute of limitations determines the maximum and minimum amounts of monetary
relief that may be granted in different types of civil lawsuits.
⊚ true
⊚ false



11) The purpose of secondary sources of law is to increase uniformity and fairness across
courts in the 50 states.
⊚ true
⊚ false



12) A single wrongful act may violate civil law or criminal law but cannot violate both
simultaneously.
⊚ true
⊚ false



Version 1 2

,13) A zoning law that regulates what a landowner may or may not do with his or her privately
owned property is an example of a public law.
⊚ true
⊚ false



14) Laws requiring that the police show reasonable cause and obtain a search warrant before
entering a place of business to search for evidence are examples of substantive laws.

⊚ true
⊚ false



15) Criminal law allows a party to be compensated for money lost as a result of another's
unlawful conduct.

⊚ true
⊚ false



16) Statutes and ordinances are examples of private laws that provide for the rights of parties
involved in private or business transactions, such as contracts for services.
⊚ true
⊚ false



17) Criminal law can be characterized as public law but can never be considered private law.
⊚ true
⊚ false



18) Freedom of speech, as defined in the Constitution, is an example of substantive law.
⊚ true
⊚ false



19) Restatements of the Law are written and revised by Congress and state legislatures as
needed.
⊚ true
⊚ false



Version 1 3

, 20) All statutes have both a statutory scheme and a legislative history.
⊚ true
⊚ false



21) The common law is the law that all states follow to avoid confusion and to promote
consistency from state to state.

⊚ true
⊚ false



22) Civil law systems reject and prohibit the use of precedent, relying solely on strict
interpretations of statutes.

⊚ true
⊚ false



23) When a Pennsylvania appellate court makes a decision, stare decisis requires that
Delaware trial courts follow the case precedent when a case with a similar fact situation arises.
⊚ true
⊚ false



24) Aggressive litigation generally results in a high monetary cost for a corporation.
⊚ true
⊚ false



25) Although arbitration and mediation are legitimate dispute resolution methods, they may
not always result in a satisfactory outcome for both sides of the dispute.
⊚ true
⊚ false


26) Ordinances will preempt state-level statutes.

⊚ true
⊚ false



Version 1 4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller solutions. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71498 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.49
  • (0)
  Add to cart