Cengage Advantage Books Foundations of the Legal Environment of Business 2nd Edition By Marianne M. Jennings – Test Bank

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Edition: 2nd Edition

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Resource Type: Test bank

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Cengage Advantage Books Foundations of the Legal Environment of Business 2nd Edition By Marianne M. Jennings – Test Bank

Chapter 1: Introduction to Law

 

TRUE/FALSE

 

  1. Violations of civil laws often result in imprisonment.

 

ANS:  F                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Civil Law

 

  1. If Susan hits Debra, and Debra sues Susan for that act, Susan cannot also be prosecuted for that same act.

 

ANS:  F                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Civil Law

 

  1. There are no criminal laws at the federal level.

 

ANS:  F                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Statutory Law

 

  1. Enforcing the terms of a consulting contract are an example of private law.

 

ANS:  T                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Private Law

 

  1. Substantive laws provide the means and mechanisms for the enforcement of laws.

 

ANS:  F                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Substantive Law

 

  1. Stare decisis is Latin for “let the decision stand.”

 

ANS:  T                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Stare Decisis

 

  1. The common law in each state is the same.

 

ANS:  F                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Common Law

 

  1. The power theory is part of jurisprudence but the justice theory is not.

 

ANS:  F                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Jurisprudence

 

  1. The positive law theory provides that an individual follows ethical standards established by religious beliefs.

 

ANS:  F                    PTS:   1                    NAT:  AACSB: Analytic

TOP:   Natural Law

 

  1. Substantive laws are, in essence, the same thing as procedural laws.

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