Exam 1: Legal Heritage and the Digital Age

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What school of jurisprudence bases its principles, for solving legal disputes, on broad notions of "fairness," and subjective decision making by judges?

(Multiple Choice)
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The ________ branch of the government has the power to interpret and determine the validity of the law.

(Short Answer)
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What is considered as the supreme law of the land in the United States?

(Multiple Choice)
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The ________ School of jurisprudence states that promoting market efficiency should be the central goal of legal decision making.

(Short Answer)
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The Securities and Exchange Commission (SEC), created by the Congress to enforce federal securities laws, is an example of a(n)________.

(Multiple Choice)
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What was the key reason for the creation of law courts during the early development of the English common law?

(Multiple Choice)
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The ________ is the legislative branch of the U.S. government and has the power to enact the law.

(Short Answer)
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A(n)________ is a compact made between two or more nations and is also considered as a facet of the supreme law of the land.

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How does the doctrine of stare decisis help in creating stability in a legal system?

(Multiple Choice)
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The Analytical School of jurisprudence maintains that the law should be ________.

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The adoption of the ________ law led to precedence being an important feature of the American legal system.

(Short Answer)
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The Critical Legal Studies School proposes that legal rules are unnecessary and are used as an obstacle by the powerful to maintain the status quo.

(True/False)
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The ________ branch of the government has the power to enact laws.

(Short Answer)
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Businesses that are organized in the United States are subject to its laws, but not to the laws of other countries in which they do business.

(True/False)
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Explain the doctrine of stare decisis and how it has influenced the legal system.

(Essay)
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Explain the priority of law in the United States.

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A(n)________ is a written law enacted by the legislative branch of the federal and state governments that establishes certain courses of conduct that covered parties must adhere to.

(Multiple Choice)
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Which school of jurisprudence views law as a sort of evolutionary process, where changing norms of society will be reflected in the law?

(Multiple Choice)
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The Critical Legal Studies School of jurisprudential thought seeks to restrict the subjective decision-making powers of judges.

(True/False)
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Which of the following statements best indicates how chancery courts were different from law courts?

(Multiple Choice)
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