Exam 1: Todays Business Environment: Law and Ethics

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According to ____ of the U.S. Constitution, two thirds of the Senate must approve any treaty the president agrees to before it becomes binding on the United States.

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The United States Constitution:

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Common law is:

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The doctrine of stare decisis in the common law means that decisions from past cases must always be followed so that common law rules will not change.

(True/False)
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Under a civil law system, judges can:

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The objective of criminal law is to:

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

(True/False)
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The National Conference of Commissioners on Uniform State Laws works with:

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Both ____ and ____ are part of the rules that govern behavior in most nations.

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

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The U.S. Constitution creates:

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Enforcement of law in a society is important because it:

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

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Criminal law is defined as legal wrongs committed against individuals or businesses.

(True/False)
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Article I, Section 1 of the U.S. Constitution:

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Making marijuana illegal in the United States and alcohol illegal in Saudi Arabia are both examples of:

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Statutory law is created by executive order.

(True/False)
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Which of the following is NOT a part of the rules that govern behavior in most nations:

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State constitutions:

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Which of the following characteristics differentiates a civil law system from common law:

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