BUA Business Law Final Exam Study flashcards | Quizlet -...

10/19/14 3:38 AM Business Law Final Exam Study flashcards | Quizlet
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Business Law Final Exam Study
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Henry David Thoreau felt that war was
unjust and therefor refused to pay his taxes
when the US declared war on Mexico.
Thoreau felt there was a higher law than the
law of the land. Which theory of
jurisprudence was he applying?
Natural Law
If the title of an appellate court case appears
as Jones v. Smith:
you cannot determine which party is the
plaintiff, because when a defendant loses a
trial and files an appeal, some courts (but not
all) reverse the names of the parties.
Which of the following would be an
example of a civil lawsuit?
Gretta hit Rita in the bar during happy hour.
Rita is now suing for her injuries.
A case citation that reads: Kuehn v. Pub
Zone, 364 N.J.Super 301, 835 A.2d 692
(1995) indicates that the case may be found
in the 301st volume of the New Jersey
Reporter at page 364.
False

10/19/14 3:38 AM Business Law Final Exam Study flashcards | Quizlet
Page 2 of 18
Tony raped Jane in the parking lot of Joe s
Brew Pub. The district attorney s office
prosecuted Tony on rape charges.
Subsequently, Jane filed a lawsuit against
Tony for money damages. Classify each
legal action.
The district attorney s case was a criminal
case; Jane s lawsuit was a civil case.
The doctrine of precedent requires: judges to base rulings on previous cases
There are 51 Constitutions in the United
States: 1 federal Constitution and 50
different state Constitutions.
true
A law that violates the United States
Constitution:
is invalid
Sandra sued her next door neighbor, Bob,
claiming that his driveway was 5 feet too far
over the lot line. This is a criminal lawsuit.
false
The principle that precedent is binding on
later cases is stare decisis.
true
In 1994, the North American Free Trade
Agreement was ratified by the U.S. Senate.
This treaty is law in the United States.
true
Congress enacted legislation in 1933 to
regulate the securities industry and prohibit
various forms of fraud with securities. The
Securities Exchange Act of 1934 was passed
a year later. This law created the Securities
and Exchange Commission as an
independent regulatory entity whose
function is to administer the two laws. The
SEC has generated rules and regulations to
administer these acts. These rules and
regulations are referred to as:
administrative law

10/19/14 3:38 AM Business Law Final Exam Study flashcards | Quizlet
Page 3 of 18
Congress passed a law imposing penalties
for displaying "indecent" material online
where children can see it. If the US Supreme
COurt subsequently rules that the statute
conflicts with the 1st amendment, the statute
is then void.