Exam 1: Todays Business Environment: Law and Ethics

Which of these issues may impact a company's operations?

The United States Constitution is:

The practice of deciding court cases by referring to earlier decisions is known as:

The U.S. Constitution:

Statutory law is:

American common law dates back to colonial times.

The shift from laws of the past that enforced discrimination based on race to laws of today that prohibit discrimination based on race show how:

Stare decisis creates a more just legal system by:

Powers not granted to the federal government are retained by states or are left to the people according to:

Companies that follow Department of Justice compliance codes carefully are not prosecuted for violations of related laws.

____ sets forth rules governing the legal relationships among members of society and is enforced mostly through the state court systems.

State constitutions tend to be longer and more detail-filled than the U.S. Constitution in part because:

One of the major advantages of dispute resolution through the common law is:

American firms doing business in other countries:

The legal culture of a society includes the attitudes of members of society concerning the law and legal system.

Law is concerned with defining acceptable behavior, not controlling unacceptable behavior.

In Davis v. Baugh Industrial Contractors the Washington supreme court held that the traditional common law rule regarding negligence by a contractor could not be changed.

Contrasted with public law, an example of private law is:

Which of the following concerns legal wrongs committed against the government:

Civil procedure, appellate procedure, and criminal procedure are examples of substantive law.