Exam 1: Todays Business Environment: Law and Ethics

The United States Constitution:

To allow electronic transmission of documents in the legal system, legislatures had to give the courts permission to change from traditional methods of transmittal.

In addition to the legislature, the president or governor of a state is:

Ethics is a set of rules that the government enforces and that constrain the behavior of members of society.

The law is ____ ethics, integrity and morality.

Civil law is:

The U.S. Constitution is the source of all law in the U.S.

The U.S. Constitution created these branches of the federal government: (1) executive, (2) judicial, and (3):

The doctrine of stare decisis is generally defined as:

In addition to the legislature, the president or governor of a state is:

One of the most important state laws affecting business is:

An important source of U.S. law affecting the legal environment of business are regulations, opinions, and orders from:

Some companies have employees take ethics classes online, rather than attend a classroom lesson. One of the advantages to online classes is:

A World Bank study indicates that nations with more extensive regulation of business then to have less corruption.

The value of precedence in legal decisions under the common law is:

The U.S. common law originated in:

The nation of Haiti has been a development success because of its strong system of informal law.

Executive orders are issued by:

Procedural, as opposed to substantive, law generally includes all of the following except for:

State constitutions: