Exam 1: Law As a Foundation for Business
Exam 1: Law As a Foundation for Business117 Questions
Exam 2: The Role of Ethics in Decision Making116 Questions
Exam 3: The Court System115 Questions
Exam 4: Litigation117 Questions
Exam 5: Alternative Dispute Resolution100 Questions
Exam 6: The Constitution116 Questions
Exam 7: The Property System115 Questions
Exam 8: Contract Formation118 Questions
Exam 9: Contractual Performance and Breach115 Questions
Exam 10: Torts Affecting Business115 Questions
Exam 11: Intellectual Property115 Questions
Exam 12: International Law115 Questions
Exam 13: Criminal Law and Business115 Questions
Exam 14: Business Organizations115 Questions
Exam 15: The Regulatory Process115 Questions
Exam 16: Regulating Competitionantitrust Laws115 Questions
Exam 17: Financial and Securities Regulations115 Questions
Exam 18: Regulations Protecting Consumer Purchases, privacy, and Financial Activities117 Questions
Exam 19: Environmental Regulation115 Questions
Exam 20: Discrimination in Employment115 Questions
Exam 21: Employment Laws116 Questions
Exam 22: Labormanagement Relationship115 Questions
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Differentiate between an intentional tort and negligence.
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(Essay)
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Correct Answer:
Intentional torts all require a plaintiff (the person who initiates a lawsuit)to prove a defendant intended to cross the boundaries protecting the plaintiff.Intentional torts include assault (intentionally placing someone in apprehension of his physical safety),battery (intentionally making offensive,unconsented to physical contact with someone),conversion (intentionally depriving someone of goods owned),and trespass (intentionally crossing someone else's land boundaries without permission).
Negligence is when the plaintiff shows that the defendant injured what was proper to the plaintiff through unreasonable behavior.
Which of the following sources of law ranks the highest in the hierarchy of sources of law?
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(Multiple Choice)
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Correct Answer:
E
In addition to compensatory damages,breach-of-contract cases may award punitive damages,when the breaching party knew or had reason to know that special circumstances existed that would cause the other party to suffer additional losses if the contract were breached.
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(True/False)
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Correct Answer:
False
The civil law arose in the eleventh and twelfth centuries as the English monarch appointed royal judges to ride circuits around the English countryside and to resolve disputes in the name of the king (or queen).
(True/False)
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So significant is the role of judges in the United States that they determine the meaning of the Constitution and can declare void the legislation of Congress and the acts of the president.This illustrates that the legal system in the United States is based on _____.
(Multiple Choice)
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Contract law often but not always requires actual injury to the owner's resources.
(True/False)
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The Second Amendment to the Constitution holds that "No State shall ...deprive any person of life,liberty or property without due process of law."
(True/False)
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Collections of legislation,often on the same subject,passed by the Congress are called __________.
(Multiple Choice)
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The _____ in prior cases were necessary to reach the decisions in those cases.
(Multiple Choice)
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Which of the following are judicial decisions that interpret the relevant constitutional,legislative,and regulatory laws?
(Multiple Choice)
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Which law forbids owners from monopolizing classes of resources and sets rules for how businesses can compete to acquire ownership in new resources?
(Multiple Choice)
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The United Kingdom,the United States,Canada,Jamaica,India,Nigeria,New Zealand,and a few other countries-all colonized by England-follow the common law.
(True/False)
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Meril is a luxury bag brand that has its own distinctive pattern.The company recently learned that another retailer has been selling fake Meril bags.The legal dispute that will arise here is most likely to be governed by _____.
(Multiple Choice)
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Which of the following usually requires a plaintiff to prove only that a defendant has injured something proper to the plaintiff?
(Multiple Choice)
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_____ law both protects ownership and sets limits on private resource use.
(Multiple Choice)
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