Question 1

According to _____, judges in current cases follow whenever possible the interpretation of law determined by judges in prior cases.

Accepted Answer

A)  stare decisis. 
B)  constitutional realism. 
C)  statutory construction. 
D)  constitutional relativism. 
E)  legal realism. 
A)  stare decisis. 
B)  constitutional realism. 
C)  statutory construction. 
D)  constitutional relativism. 
E)  legal realism.

Question 2

What is rule of law?

Accepted Answer

Under the rule of law, laws that are mad

Question 3

_____ law covers the legal principles that apply to government agencies, bureaus, boards, or commissions.

Accepted Answer

A)  Administrative 
B)  Constitutional 
C)  Tort 
D)  Criminal 
E)  Contract 
A)  Administrative 
B)  Constitutional 
C)  Tort 
D)  Criminal 
E)  Contract

Question 4

Economic growth depends "in particular on the rule of law" which is a "lodestar for all countries." Why?

Accepted Answer

A)  Rule-of-law nations adopt laws supporting the private market because it is in everyone's interest, including the lawmakers'. 
B)  It distinguishes lawmakers as being above the rule of law. 
C)  It allows special interest groups to benefit at the expense of others. 
D)  It adopts laws supporting the growth of the public markets over private markets increasing economic growth of nations. 
E)  It removes the power of the courts and creates an autocratic regime where businesses can freely invest and economic growth is high. 
A)  Rule-of-law nations adopt laws supporting the private market because it is in everyone's interest, including the lawmakers'. 
B)  It distinguishes lawmakers as being above the rule of law. 
C)  It allows special interest groups to benefit at the expense of others. 
D)  It adopts laws supporting the growth of the public markets over private markets increasing economic growth of nations. 
E)  It removes the power of the courts and creates an autocratic regime where businesses can freely invest and economic growth is high.

Question 5

Describe public law and its categories.

Accepted Answer

Public law includes those matters that i

Question 6

Common law relies more on legislation than judicial decisions to determine what the law is.

Accepted Answer

A) True 
 B)False

Question 7

_____ jurisprudence supports the idea that law can and should change to meet new developments in society.

Accepted Answer

A)  Historical 
B)  Natural 
C)  Sociological 
D)  Positive law 
E)  Tort 
A)  Historical 
B)  Natural 
C)  Sociological 
D)  Positive law 
E)  Tort

Question 8

With reference to property in the legal sense, what are the 3 main types of ownership?

Accepted Answer

In law the word "property" (or "ownershi

Question 9

_____ law courts do not make law nor do their judges think themselves obligated to follow prior judicial decisions, called precedents.

Accepted Answer

A)  Common 
B)  Religious 
C)  Civil 
D)  Hybrid 
E)  Constitutional 
A)  Common 
B)  Religious 
C)  Civil 
D)  Hybrid 
E)  Constitutional

Question 10

Distinguish between holding and dicta in prior precedent.

Accepted Answer

Increasing the difficulty of determining

Question 11

Although property law is categorized as one kind of private law; in our legal system, it is at the heart of both public and private law.

Accepted Answer

A) True 
 B)False

Question 12

The 14th amendment recognizes that law may be enforced by taking resources owned by a citizen. Name the instances in which someone's resources may be taken.

Accepted Answer

This provision recognizes that the law i

Question 13

Natural law theory asserts that law contains universal moral principles.

Accepted Answer

A) True 
 B)False

Question 14

In administrative law, a government official represents society, or "the people," and the official is responsible for seeking justice to achieve the ends of society.

Accepted Answer

A) True 
 B)False

Question 15

Judicial decisions, called _____ laws, apply to a legal problem and interpret the relevant constitutional, legislative, and regulatory laws.

Accepted Answer

A)  case 
B)  procedural 
C)  ordinance 
D)  commercial 
E)  code 
A)  case 
B)  procedural 
C)  ordinance 
D)  commercial 
E)  code

Question 16

When judges, decide appeals from trial courts, make decisions on legal issues, they write their decisions, or _____, setting out reasons.

Accepted Answer

A)  citations 
B)  opinions 
C)  codes 
D)  statutes 
E)  ordinances 
A)  citations 
B)  opinions 
C)  codes 
D)  statutes 
E)  ordinances

Question 17

Illustrate the concept of sociological jurisprudence with an example.

Accepted Answer

Sociological jurisprudence supports the

Question 18

A collection of legislations passed by the Congress on the same subject are called:

Accepted Answer

A)  statutes. 
B)  jurisprudence. 
C)  stare decisis. 
D)  codes. 
E)  citations. 
A)  statutes. 
B)  jurisprudence. 
C)  stare decisis. 
D)  codes. 
E)  citations.

Question 19

In a broad general sense, _____ includes the legal property relations that large businesses have with each other, with their customers, and with society.

Accepted Answer

A)  corporate governance 
B)  specific performance 
C)  stare decisis 
D)  tort law 
E)  strict liability 
A)  corporate governance 
B)  specific performance 
C)  stare decisis 
D)  tort law 
E)  strict liability

Question 20

In most criminal cases, an arrest can be made only based on probable cause and requires the officer to read out the Miranda rights to the criminal suspect before the arrest is made. This is an example of:

Accepted Answer

A)  tort law. 
B)  procedural law. 
C)  rule of law. 
D)  substantive law. 
E)  sociological jurisprudence. 
A)  tort law. 
B)  procedural law. 
C)  rule of law. 
D)  substantive law. 
E)  sociological jurisprudence.

Exam 1: Law As a Foundation for Business

According to _____, judges in current cases follow whenever possible the interpretation of law determined by judges in prior cases.

What is rule of law?

_____ law covers the legal principles that apply to government agencies, bureaus, boards, or commissions.

Economic growth depends "in particular on the rule of law" which is a "lodestar for all countries." Why?

Describe public law and its categories.

Common law relies more on legislation than judicial decisions to determine what the law is.

_____ jurisprudence supports the idea that law can and should change to meet new developments in society.

With reference to property in the legal sense, what are the 3 main types of ownership?

_____ law courts do not make law nor do their judges think themselves obligated to follow prior judicial decisions, called precedents.

Distinguish between holding and dicta in prior precedent.

Although property law is categorized as one kind of private law; in our legal system, it is at the heart of both public and private law.

The 14th amendment recognizes that law may be enforced by taking resources owned by a citizen. Name the instances in which someone's resources may be taken.

Natural law theory asserts that law contains universal moral principles.

In administrative law, a government official represents society, or "the people," and the official is responsible for seeking justice to achieve the ends of society.

Judicial decisions, called _____ laws, apply to a legal problem and interpret the relevant constitutional, legislative, and regulatory laws.

When judges, decide appeals from trial courts, make decisions on legal issues, they write their decisions, or _____, setting out reasons.

Illustrate the concept of sociological jurisprudence with an example.

A collection of legislations passed by the Congress on the same subject are called:

In a broad general sense, _____ includes the legal property relations that large businesses have with each other, with their customers, and with society.

In most criminal cases, an arrest can be made only based on probable cause and requires the officer to read out the Miranda rights to the criminal suspect before the arrest is made. This is an example of:

The Role of Ethics in Decision Making

The Court System

Litigation

Alternative Dispute Resolution

The Constitution

The Property System

Contract Formation

Contractual Performance and Breach

Torts Affecting Business

Intellectual Property

International Law

Criminal Law and Business

Business Organizations

The Regulatory Process

Regulating Competition_Antitrust Laws

Financial and Securities Regulations

Privacy and Consumer Protection

Environmental Regulation and Resource Sustainability

Discrimination in Employment

Employment Laws

Labor-Management Relationship

Filters