Exam 1: Law and Legal Reasoning

To benefit from international trade,individual nations agree to be governed by

The National Rights Council,a nonprofit organization,files a suit against the U.S.Department of Justice (DOJ),claiming that a certain federal statute the DOJ is empowered to enforce conflicts with the U.S.Constitution and with a state constitution.In each situation,which source of law has priority?

Federal agency regulations do not take precedence over conflicting state regulations.

The study of business law does not involve an ethical dimension.

Secondary sources of law include

The Food and Drug Administration (FDA)is an executive agency.As an executive agency,the FDA is subject to the authority of

Congress or a state legislature establishes an administrative agency to perform a specific function.

Jaime and Kay enter into a contract for the sale of a bicycle,but Kay later refuses to deliver the goods.Jaime asks a court to order Kay to perform as promised.Ordering a party to perform what was promised is

In a criminal case,the object is to obtain a remedy.

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

A federal statute applies only to those states that agree to apply it within their borders.

Compartmentalizing the law into discrete topics indicates that each business transaction is subject to only one specific area of the law.

In a civil case,the object is to

A local ordinance commonly has to do with a matter concerning only a local governing unit.

Even if it conflicts with the U.S.Constitution,a state constitution is supreme within that states' borders.

Applying the relevant rule of law to the facts of a case requires a judge to find previously decided cases that,in relation to the case under consideration,are

In Beto v.Car Dealership,a state supreme court held that a minor could cancel a contract for the sale of a car.Now a trial court in the same state is deciding Dora v.Even Steven Autos,Inc. ,a case with similar facts.Under the doctrine of stare decisis,the trial court is likely to

Often,more than one rule of law will be applicable to a case.

There are no precedents on which the court deciding the case Algorithm Corp.v.Beta Bytes,Inc. ,can base its decision.The court can consider,among other things,

Federico and Gwen are involved in a court proceeding to enforce a right.This is