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7 - S Specific performance b F Fines and imprisonment c M...

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47. Which of the following is true about the Law and Economics School of jurisprudence? a. It is also known as the Chicago School. b. It promotes the use of economic principles in resolving cases, so long as the case is one involving business. c. It would say that a case which no lawyer would take on a contingent fee basis should be brought by an attorney who is paid by the state. d. It holds that antitrust cases should be vigorously prosecuted in order to protect the economic viability of smaller firms. A History of American Law [moderate p. 8] 48. The following courts were common in England before the founding of the United States except: a. Chancery Courts. b. Bankruptcy Courts. c. Merchant Courts. d. Equity Courts. B [moderate p. 9] 49. What was the only remedy (relief) available in the law courts of England? a.
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Unformatted text preview: S Specific performance. b. F Fines and imprisonment. c. M Monetary awards for damages. d. R Returning the parties to their positions before the dispute arose. C 50. Chancery Courts were also known as: a. Law Courts. b. Equity Courts. c. Criminal Courts. d. Merchant Courts. B [moderate p. 9] [moderate p. 9] 51. What is an “equitable remedy”? a. A Any remedy that is fair to the parties involved. b. A A remedy fashioned by the chancery court to fit a particular situation. c. A Any remedy granted by the merchant court. 7d. e. B A remedy that cannot be modified from its rigid prescribed form. A remedy that R must to be approved by the law court. [moderate p. 9]...
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