Blaw 3310 actual - Study guides, Class notes & Summaries

BLAW 3310 Exam 1 UPDATED ACTUAL Questions and CORRECT Answers Law - CORRECT ANSWER - enforceable rules of conduct set forth by a government to be followed by the citizens of the society Stability - CORRECT ANSWER - the legal system helps define acceptable behavior. The law limits activities that hurt the public interest. The law can also require or encourage business practices that further social or political goals

BLAW 3310 Final Exam (Miller) UPDATED ACTUAL Questions and CORRECT Answers administrative agency - CORRECT ANSWER - a governmental bureau established by Congress (or the president) to execute certain functions of Congress. Agencies transact government business and may write and enforce regulations under the authority of Congress or the president

BLAW 3310 Final Exam UPDATED ACTUAL Questions and CORRECT Answers Equal Pay Act of 1963 - CORRECT ANSWER - First federal law to address employment discrimination Legislation that requires employers to pay men and women equal pay for equal work 1964 Civil Rights Act - CORRECT ANSWER - This act prohibited Discrimination because of race, color, sex, religion, or national origin by employers or labor unions

BLAW 3310 EXAM 1 UTA LEE UPDATED ACTUAL Questions and CORRECT Answers Definition of Law - CORRECT ANSWER - rules, standards, and principles that define the behavioral boundaries for people and business activities. What 3 branches have the ability to create law? - CORRECT ANSWER - 1. Judicial Branch - courts create legal precedents thru their decisions and by ruling on constitutionality of actions of Congress or the executive branch

BLAW 3310 Chapter 4 UPDATED ACTUAL Questions and CORRECT Answers The body of American law includes: - CORRECT ANSWER - The federal and state constitutions Statutes passed by legislative bodies Administrative law The case decisions and legal principles that form common law

BLAW 3310 Final Exam Review UPDATED ACTUAL Questions and CORRECT Answers Equal Pay Act of 1963 - CORRECT ANSWER - 1963 law that required both men and women to receive equal pay for equal work. The first federal law in America about employment discrimination. Civil Rights Act of 1964 - CORRECT ANSWER - Ended segregation in public places and banned employment discrimination based on race, color, religion, sex, or national origin

BLAW 3310 CH.18 REVIEW UPDATED ACTUAL Questions and CORRECT Answers Corporate finance - CORRECT ANSWER - the business function of obtaining funds for a company and managing them to accomplish the company's objectives blue sky laws - CORRECT ANSWER - State laws that regulate the offering and sale of securities for the protection of the public

BLAW 3310 Chapter 10- Contracts UPDATED ACTUAL Questions and CORRECT Answers Contracts - CORRECT ANSWER - A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law Elements of a contract - CORRECT ANSWER - Negotiations-->Offer-->Acceptance(Binding contract formed upon agreement)-->Parties perform duties(possiible suit of breach of contract if failure to perform)-->Contract Completed

BLAW 3310 FINAL REVIEW UTA UPDATED ACTUAL Questions and CORRECT Answers How are agencies created? - CORRECT ANSWER - Created through statutes/legislation Is an administrative law judge decision final and binding? - CORRECT ANSWER - no, because it can always be appeal into the court system (Federal courts)

BLAW 3310 Ch. 12 UPDATED ACTUAL Questions and CORRECT Answers Sole propriatorship - CORRECT ANSWER - A person doing business for himself or herself. Assumed name certificate or d/b/a - CORRECT ANSWER - Charles Miller d/b/a Millers Burgers (doing business as) If a fictitious business name is used, most states require business names to be registered