Business law Quizzess

Business law Quizzess - 1. In deciding a case, a court will...

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Unformatted text preview: 1. In deciding a case, a court will not use common law if there is a statute that applies to the dispute. Student Response Value Correct Answer False 0% True Score: 0/2.5 2. Dicta is another term for controlling precedent. Student Response False Score: 2.5/2.5 3. One of the important powers of courts in the United States is to interpret legislation. Student Response True Score: 2.5/2.5 4. Bill sued Ted for libel over statements Ted published in the company newsletter. A jury heard the case and found that no libel had occurred because the statements were true. Bill is very unhappy with this decision, but cannot sue Ted again over these statements because of the doctrine of Score: 0/2.5 5. Many areas of law important to businesses are governed by the Uniform Commercial Code. Student Response True Score: 2.5/2.5 6. The Executive, Legislative, and Judicial branches of the federal government each have their own unique duties and functions. This arrangement constitutes a(n)__________separation of powers. Score: 0/2.5 7. The town of Somerset passed a law forbidding parking on Main Street between the hours of 9:00 a.m. and 4:00 p.m. This is an example of an ordinance. Student Response False Score: 0/2.5 8. If one obeys the law, one is necessarily also acting ethically because ethical standards of conduct and legal standards of conduct are identical. Student Response False Score: 2.5/2.5 1. Codes of Ethical Conduct adopted by businesses and professions often provide for sanctions against individuals who violate the code. Student Response Value Correct Answer True 100% True Score: 2.5/2.5 2. Only decisions by the United States Supreme Court can have the status of res judicata. Student Response True Score: 0/2.5 3. Criminal law is a subset of private law. Student Response False Score: 2.5/2.5 4. It is good practice to include in a contract which states law will govern disputes that arise under the contract. Student Response True Score: 2.5/2.5 5. Bill sued Ted for libel over statements Ted published in the company newsletter. A jury heard the case and found that no libel had occurred because the statements were true. Bill is very unhappy with this decision, but cannot sue Ted again over these statements because of the doctrine of Score: 2.5/2.5 6....
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Business law Quizzess - 1. In deciding a case, a court will...

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