Question 1

State constitutions:

Accepted Answer

A)  specify how state officials are chosen and removed 
B)  specify how finances and revenues are paid and collected 
C)  specify how laws are passed 
D)  specify how the court systems run 
E)  all of the other choices are correct 
A)  specify how state officials are chosen and removed 
B)  specify how finances and revenues are paid and collected 
C)  specify how laws are passed 
D)  specify how the court systems run 
E)  all of the other choices are correct

Question 2

____ is the law that concerns the legal relationship between members of society and the government.

Accepted Answer

A)  corporation law 
B)  private law 
C)  ethical law 
D)  tort law 
E)  none of the other choices 
A)  corporation law 
B)  private law 
C)  ethical law 
D)  tort law 
E)  none of the other choices

Question 3

A key function of the judiciary is to interpret and enforce the laws.

Accepted Answer

A) True 
 B)False

Question 4

Because companies have suffered so few public image problems, few corporations have codes of ethics.

Accepted Answer

A) True 
 B)False

Question 5

Federal courts can review statutes passed by Congress to ensure:

Accepted Answer

A)  that the statutes do not violate the U.S. Constitution 
B)  that the statutes are fair 
C)  that the statutes do not violate women's rights 
D)  that the statutes do not violate previously passed statutes 
E)  none of the other choices 
A)  that the statutes do not violate the U.S. Constitution 
B)  that the statutes are fair 
C)  that the statutes do not violate women's rights 
D)  that the statutes do not violate previously passed statutes 
E)  none of the other choices

Question 6

Ethics generally refers to accepted standards of right and wrong in a society.

Accepted Answer

A) True 
 B)False

Question 7

Only one state has a unicameral (one part) legislature. That state is:

Accepted Answer

A)  Maine 
B)  Arkansas 
C)  Alaska 
D)  New Jersey 
E)  none of the states listed have such a legislature 
A)  Maine 
B)  Arkansas 
C)  Alaska 
D)  New Jersey 
E)  none of the states listed have such a legislature

State constitutions:

____ is the law that concerns the legal relationship between members of society and the government.

A key function of the judiciary is to interpret and enforce the laws.

Because companies have suffered so few public image problems, few corporations have codes of ethics.

Federal courts can review statutes passed by Congress to ensure:

Ethics generally refers to accepted standards of right and wrong in a society.

Only one state has a unicameral (one part) legislature. That state is:

The Court Systems

Trials and Resolving Disputes

The Constitution: Focus on Application to Business

Criminal Law and Business

Elements of Torts

Business Torts and Product Liability

Real and Personal Property

Intellectual Property

Contracts

Domestic and International Sales

Business Organizations

Negotiable Instruments, Credit, and Bankruptcy

Agency and the Employment Relationship

Employment and Labor Regulations

Employment Discrimination

The Regulatory Process

Securities Regulation

Consumer Protection

Antitrust Law

Environmental Law

The International Legal Environment of Business

Filters

Exam 1: Todays Business Environment: Law and Ethics

State constitutions:

____ is the law that concerns the legal relationship between members of society and the government.

A key function of the judiciary is to interpret and enforce the laws.

Because companies have suffered so few public image problems, few corporations have codes of ethics.

Federal courts can review statutes passed by Congress to ensure:

Ethics generally refers to accepted standards of right and wrong in a society.

Only one state has a unicameral (one part) legislature. That state is:

The Court Systems

Trials and Resolving Disputes

The Constitution: Focus on Application to Business

Criminal Law and Business

Elements of Torts

Business Torts and Product Liability

Real and Personal Property

Intellectual Property

Contracts

Domestic and International Sales

Business Organizations

Negotiable Instruments, Credit, and Bankruptcy

Agency and the Employment Relationship

Employment and Labor Regulations

Employment Discrimination

The Regulatory Process

Securities Regulation

Consumer Protection

Antitrust Law

Environmental Law

The International Legal Environment of Business

Filters