Question 1

The basis of a civil law system is a written code of laws.

Accepted Answer

A) True 
 B)False

Question 2

Because courts of law and equity have merged, the principles of equity are no longer applied.

Accepted Answer

A) True 
 B)False

Question 3

The U.S. Constitution is the basis of all law in the United States.

Accepted Answer

A) True 
 B)False

Question 4

Laws enacted by legislative bodies at any level of government make up the body of law generally referred to as

Accepted Answer

A)  statutory law. 
B)  the basis of all law in the United States. 
C)  the supreme law of the land. 
D)  uniform law. 
A)  statutory law. 
B)  the basis of all law in the United States. 
C)  the supreme law of the land. 
D)  uniform law.

Question 5

When Lara and Mick cannot resolve their dispute amicably, Lara initiates a lawsuit against Mick. Lara is

Accepted Answer

A)  the case of first impression. 
B)  the persuasive authority. 
C)  the plaintiff. 
D)  the defendant. 
A)  the case of first impression. 
B)  the persuasive authority. 
C)  the plaintiff. 
D)  the defendant.

Question 6

Case law governs all areas of business not covered by statutory or administrative law.

Accepted Answer

A) True 
 B)False

Question 7

What is the doctrine of stare decisis? In the American legal system, how is it applied, and what is its effect?

Accepted Answer

In a common law legal system, past judic

Question 8

The Uniform Commercial Code provides a set of rules governing

Accepted Answer

A)  commercial transactions. 
B)  state legislative adoptions. 
C)  congressional procedures. 
D)  administrative processes. 
A)  commercial transactions. 
B)  state legislative adoptions. 
C)  congressional procedures. 
D)  administrative processes.

Question 9

A citation is a regulation enacted by a city or county legislative body.

Accepted Answer

A) True 
 B)False

Question 10

A secondary source of law establishes the law on a particular issue.

Accepted Answer

A) True 
 B)False

Question 11

Only if a state legislature adopts a uniform law does that law become part of the statutory law of that state.

Accepted Answer

A) True 
 B)False

Question 12

A constitution is a primary source of law.

Accepted Answer

A) True 
 B)False

Exam 1: Law and Legal Reasoning

The basis of a civil law system is a written code of laws.

Because courts of law and equity have merged, the principles of equity are no longer applied.

The U.S. Constitution is the basis of all law in the United States.

Laws enacted by legislative bodies at any level of government make up the body of law generally referred to as

When Lara and Mick cannot resolve their dispute amicably, Lara initiates a lawsuit against Mick. Lara is

Case law governs all areas of business not covered by statutory or administrative law.

What is the doctrine of stare decisis? In the American legal system, how is it applied, and what is its effect?

The Uniform Commercial Code provides a set of rules governing

A citation is a regulation enacted by a city or county legislative body.

A secondary source of law establishes the law on a particular issue.

Only if a state legislature adopts a uniform law does that law become part of the statutory law of that state.

A constitution is a primary source of law.

Constitutional Law

Ethics in Business

Courts and Alternative Dispute Resolution

Tort Law

Product Liability

Intellectual Property Rights

Internet Law, Social Media, and Privacy

Criminal Law and Cyber Crime

Nature and Classification

Agreement

Consideration

Capacity and Legality

Voluntary Consent

The Statute of Fraudswriting Requirement

Performance and Discharge

Breach and Remedies

Third Party Rights

The Formation of Sales and Lease Contracts

Title and Risk of Loss

Performance and Breach of Sales and Lease Contracts

Negotiable Instruments

International and Space Law

Banking in the Digital Age

Security Interests and Creditors Rights

Bankruptcy

Agency Relationships in Business

Employment, Immigration, and Labor Law

Employment Discrimination

Sole Proprietorships and Franchises

All Forms of Partnership

Limited Liability Companies and Special Business Forms

Corporate Formation and Financing

Corporate Directors, Officers, and Shareholders

Corporate Mergers, Takeovers, and Termination

Investor Protection, Insider Trading, and Corporate Governance

Administrative Law

Antitrust Law and Promoting Competition

Consumer and Environmental Law

Liability of Accountants and Other Professionals

Personal Property and Bailments

Real Property and Landlord-Tenant Law

Insurance, Wills, and Trusts

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