TEST BANK for Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, Herron, Dhooge, Barkacs Updated
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Dynamic Business Law: The Essentials
TEST BANK for Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, Herron, Dhooge, Barkacs Updated PART 1: The Legal Environment of Business C h. 1 An Introduction to the Fundamentals of Dynamic Business Law Ch. 2 Business Ethics and Social Responsibility Ch. 3 The U.S. Legal System ...
Instructor Manual For Dynamic Business Law The Essentials 6e Kubasek
Instructor Solution Manual For Dynamic Business Law The Essentials, 5th Edition, Nancy Kubasek
Instructor Manual For Dynamic Business Law The Essentials 6e Kubasek Chapter 1-25. A+
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Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, Herron, Dhooge, Barkacs
TEST BANK for Dynamic Business Law: The
Essentials, 5th Edition Kubasek, Browne, Herron,
Dhooge, Barkacs
Test Bank Page 1
, Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, Herron, Dhooge, Barkacs
Dynamic Business Law, 5e (Kubasek)
Chapter 1 An Introduction to Dynamic Business Law
1) Business law consists of the enforceable rules of conduct that govern commercial relationships.
Answer: TRUE
Explanation: Business law consists of the enforceable rules of conduct that govern commercial relationships.
Difficulty: 1 Easy
Topic: An Introduction to Dynamic Business Law
Learning Objective: 01-01 Define business law.
Bloom's: Remember
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
2) Contracts, employment decisions and payments to suppliers are protected by business law.
Answer: TRUE
Explanation: Business behavior must follow legal guidelines. All contracts, employment decisions, and payments
to a supplier are constrained and protected by business law.
Difficulty: 1 Easy
Topic: Law and Its Purposes
Learning Objective: 01-02 Relate the functional areas of business to the relevant areas of business law.
Bloom's: Remember
Test Bank Page 2
, Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, Herron, Dhooge, Barkacs
AACSB: Ethics
Accessibility: Keyboard Navigation
3) There are many purposes of the law. One such purpose is serving as a moral guide by indicating minimal
expectations of citizens and organizations.
Answer: TRUE
Explanation: Serving as a moral guide by indicating minimal expectations of citizens and organizations is one
purpose of the law.
Difficulty: 1 Easy
Topic: Law and Its Purposes
Learning Objective: 01-03 Recall the purposes of law.
Bloom's: Remember
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Test Bank Page 3
, Dynamic Business Law: The Essentials, 5th Edition Kubasek, Browne, Herron, Dhooge, Barkacs
4) Public law controls both disputes between private individuals and their government and disputes involving only
private individuals.
Answer: FALSE
Explanation: Public law controls disputes between private individuals or groups and their government. Private law
controls disputes between private individuals or groups.
Difficulty: 2 Medium
Topic: Classification of the Law
Learning Objective: 01-04 Distinguish among types of law.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
5) Criminal law lays out the rights and responsibilities implied in relationships between persons.
Answer: FALSE
Explanation: Civil law lays out the rights and responsibilities implied in relationships between persons.
Difficulty: 2 Medium
Topic: Classification of the Law
Learning Objective: 01-04 Distinguish among types of law.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
Test Bank Page 4
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