Question 1

The action Bob has against Betty for defamation involves which of the following?

Accepted Answer

A)   Criminal law and public law
B)   Civil law and public law
C)   Insider law and public law
D)   Civil law and private law
E)   Administrative law and public lawF) A) and C)
G) B) and E)

Question 2

The decision of a state supreme court is binding on a lower state court located in the state.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is true regarding Zach's legal problems in Zeno?

Accepted Answer

A)   Zach can rely upon the federal statutory laws of the U.S. as a defense but not the U.S. Constitution.
B)   Zach is entitled to all U.S. Constitutional rights in Zeno because he is a U.S. citizen, but he cannot rely on statutory law.
C)   Zach can rely on U.S. laws as a defense only if he obtains an opinion from the office of the U.S. attorney that his operations in the U.S. have strictly complied with the law.
D)   Zach must obey the laws of Zeno when operating a business in Zeno and cannot rely upon U.S. laws as a defense.
E)   Zach can rely upon the federal statutory laws of the U.S. as a defense. Additionally, Zach is entitled to all U.S. Constitutional rights in Zeno because he is a U.S. citizen.F) C) and E)
G) A) and B)

Question 4

The law in Molly's state regulating cell phone usage would be classified as which of the following?

Accepted Answer

A)   A statute
B)   A type of common law
C)   An executive order
D)   A uniform law
E)   A negative lawF) A) and B)
G) C) and D)

Question 5

The type of law involved in comparing laws between the U.S.and Zeno is ____.

Accepted Answer

A)   Comparative law
B)   Contributory law
C)   Comprehensive law
D)   Complete law
E)   Delineated lawF) A) and D)
G) C) and D)

Question 6

Case law can be revoked by ______.

Accepted Answer

A)   New statutes
B)   Precedent
C)   Stare decisis
D)   Critical law
E)   Case law cannot be revokedF) A) and D)
G) C) and D)

Question 7

Cyberlaw is based primarily on existing laws.

Accepted Answer

A) True 
 B)False

Question 8

If a computer store dumps waste behind its building in violation of local,state,or federal environmental regulations,the resulting dispute focuses on _____ law.

Accepted Answer

A)   Public
B)   Preferential
C)   Consensual
D)   Private
E)   Black letterF) C) and E)
G) C) and D)

Question 9

Which type of law involves incidents in which someone commits an act against the public as a unit?

Accepted Answer

A)   Criminal
B)   Procedural
C)   Civil
D)   Natural
E)   PositiveF) C) and D)
G) D) and E)

Question 10

The ______ is a body of law significant to business activities including sales,banking,and warranty.

Accepted Answer

A)   Federal Business Code
B)   Model Business Code
C)   Uniform Transactional Model
D)   Uniform Commercial Code
E)   Marketing Transaction CodeF) A) and B)
G) B) and D) D

Question 11

Assume a business person who owns a computer equipment store is delinquent in paying rent to the landlord.The resulting dispute focuses on _____ law.

Accepted Answer

A)   Public
B)   Preferential
C)   Consensual
D)   Private
E)   Black letterF) D) and E)
G) A) and D)

Question 12

When the organization in charge of proposing uniform laws proposes a statute,which of the following is true?

Accepted Answer

A)   All states must adopt the uniform statute within one year.
B)   All states must adopt the uniform statute within six months.
C)   The uniform statute automatically goes into effect without any action by state legislatures.
D)   A state legislature is not required to adopt the uniform statute; but if the state legislature decides to go forward with adoption, all portions of the statute must be adopted.
E)   A state legislature can ignore the proposed uniform law, adopt it in full, or adopt it in part.F) A) and B)
G) C) and D) E

Question 13

The term "stare decisis" means "reversing the decision."

Accepted Answer

A) True 
 B)False

Question 14

Public law controls disputes between private individuals or between groups and their government.

Accepted Answer

A) True 
 B)False

Question 15

Assume a restaurant chain is forced to pay damages for breach of contract to a supplier.What type of law is involved?

Accepted Answer

A)   Public law only
B)   Private law only
C)   Civil law only
D)   Public, private, and civil law
E)   Private law and civil lawF) C) and D)
G) A) and B)

Question 16

The officer's reference to the need for Molly to obey duly authorized law is a reference to which of the following?

Accepted Answer

A)   The historical school of law
B)   Legal positivism
C)   Natural law
D)   Legal realism
E)   Stare decisisF) A) and C)
G) A) and D)

Question 17

The concept of _____ suggests that individuals should have the freedom to disobey a law enacted by people if their conscience goes against the law and they believe the law is wrong.

Accepted Answer

A)   Legal positivism
B)   Natural law
C)   Legal Realism
D)   Conscience reaction
E)   Comparative lawF) A) and B)
G) A) and D)

Question 18

Which of the following contains summaries of common law rules in a particular area of the law?

Accepted Answer

A)   U.S. Code
B)   State Administrative Codes
C)   Executive Proclamations
D)   Case Reporters
E)   Restatements of the LawF) All of the above
G) B) and D)

Question 19

Explain the function of administrative agencies and why they are needed.

Accepted Answer

Constitutions and statutes are not complete in the sense of covering all the detailed rules that affect government and business relations.The task of administrative agencies is to perform particular governmental functions.

Question 20

Legislative acts passed by state legislatures can be found in the ______.

Accepted Answer

A)   U.S. Code
B)   State codes
C)   Uniform Register
D)   State Reporter
E)   State Reference ManualF) C) and E)
G) All of the above

Exam 1: An Introduction to Dynamic Business Law

The action Bob has against Betty for defamation involves which of the following?

Correct AnswerverifiedShow Answer

The decision of a state supreme court is binding on a lower state court located in the state.

Correct AnswerverifiedShow Answer

Which of the following is true regarding Zach's legal problems in Zeno?

Correct AnswerverifiedShow Answer

The law in Molly's state regulating cell phone usage would be classified as which of the following?

Correct AnswerverifiedShow Answer

The type of law involved in comparing laws between the U.S.and Zeno is ____.

Correct AnswerverifiedShow Answer

Case law can be revoked by ______.

Correct AnswerverifiedShow Answer

Cyberlaw is based primarily on existing laws.

Correct AnswerverifiedShow Answer

If a computer store dumps waste behind its building in violation of local,state,or federal environmental regulations,the resulting dispute focuses on _____ law.

Correct AnswerverifiedShow Answer

Which type of law involves incidents in which someone commits an act against the public as a unit?

Correct AnswerverifiedShow Answer

The ______ is a body of law significant to business activities including sales,banking,and warranty.

Correct AnswerverifiedD

Assume a business person who owns a computer equipment store is delinquent in paying rent to the landlord.The resulting dispute focuses on _____ law.

Correct AnswerverifiedShow Answer

When the organization in charge of proposing uniform laws proposes a statute,which of the following is true?

Correct AnswerverifiedE

The term "stare decisis" means "reversing the decision."

Correct AnswerverifiedShow Answer

Public law controls disputes between private individuals or between groups and their government.

Correct AnswerverifiedShow Answer

Assume a restaurant chain is forced to pay damages for breach of contract to a supplier.What type of law is involved?

Correct AnswerverifiedShow Answer

The officer's reference to the need for Molly to obey duly authorized law is a reference to which of the following?

Correct AnswerverifiedShow Answer

The concept of _____ suggests that individuals should have the freedom to disobey a law enacted by people if their conscience goes against the law and they believe the law is wrong.

Correct AnswerverifiedShow Answer

Which of the following contains summaries of common law rules in a particular area of the law?

Correct AnswerverifiedShow Answer

Explain the function of administrative agencies and why they are needed.

Correct AnswerverifiedConstitutions and statutes are not complete in the sense of covering all the detailed rules that affect government and business relations.The task of administrative agencies is to perform particular governmental functions.

Legislative acts passed by state legislatures can be found in the ______.

Correct AnswerverifiedShow Answer

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D

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E

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Constitutions and statutes are not complete in the sense of covering all the detailed rules that affect government and business relations.The task of administrative agencies is to perform particular governmental functions.

Correct Answer
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