Cengage Advantage Books Law for Business 17th Edition by John D. Ashcroft – Test Bank
CHAPTER 1—INTRODUCTION TO LAW
MULTIPLE CHOICE
- The legal system we have in America:
| a. | Is an equal mixture of laws from all the colonies of America. |
| b. | Is based heavily on the English legal system of common law and equity. |
| c. | Is unlike any other legal system. |
| d. | Was an entirely new invention of the colonists before the Revolutionary War. |
ANS: B PTS: 1
- Courts of equity:
| a. | Never recognized legal rights. |
| b. | Gave only money damages as a remedy. |
| c. | Are a separate class of courts in all states. |
| d. | Provided preventative action. |
ANS: D PTS: 1
- Judicial interpretation is important to the legal process because:
| a. | It allows courts to interpret laws differently. |
| b. | It prevents previous case law from being overturned. |
| c. | Interpretations by the highest courts set precedents follow by lower courts. |
| d. | Any state supreme court can reverse the Supreme Court of the United States. |
ANS: C PTS: 1
- The document containing specific guarantees of individual liberty is:
| a. | The Bill of Rights. |
| b. | The Uniform Commercial Code. |
| c. | The Constitution. |
| d. | A restraining order. |
ANS: A PTS: 1
- Administrative agencies:
| a. | Have the power to regulate particular matters or implement laws. |
| b. | Are composed of people elected by the voters. |
| c. | Have limited power to set up rules of procedure. |
| d. | Have the power to make rules that supercede statutes. |
ANS: A PTS: 1
- A criminal action:
| a. | May be filed by a private citizen to protect private rights. |
| b. | Requires a lower standard of proof than a civil action. |
| c. | Results in the awarding of damages to the injured person. |
| d. | Punishes offenses that injure society as a whole. |
ANS: D PTS: 1
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