Test Bank Essentials of Business Law and the Legal Environment International 10th Edition By Richard A. Mann

Chapter 1—Introduction to Law

TRUE/FALSE

1. Roscoe Pound, a distinguished American jurist, defined law as predictions of the way in which a court will decide specific legal questions.

ANS:  F                    PTS:   1                    MSC:  AACSB Analytic

2. The common law system is used in most of Europe, Scotland, and Latin America.

ANS:  F                    PTS:   1                    MSC:  AACSB Analytic

3. The primary function of the law is to maintain stability in the social, political, and economic system while simultaneously permitting change.

ANS:  T                    PTS:   1                    MSC:  AACSB Analytic

4. Substantive law creates legal rights and duties.

ANS:  T                    PTS:   1                    MSC:  AACSB Analytic

5. The Constitution provides that federal statutes are paramount to state constitutions and statutes.

ANS:  T                    PTS:   1                    MSC:  AACSB Analytic

6. The burden of proof in a criminal case is preponderance of the evidence.

ANS:  F                    PTS:   1                    MSC:  AACSB Analytic

7. The law does not change; it is based on unchanging and universal truths.

ANS:  F                    PTS:   1                    MSC:  AACSB Analytic

8. The main categories of the law are (a) substantive and procedural, (b) public and private, and (c) civil and criminal.

ANS:  T                    PTS:   1                    MSC:  AACSB Analytic

9. Law is an instrument of social control.

ANS:  T                    PTS:   1                    MSC:  AACSB Analytic

10. Under the civil law system, adversaries initiate and conduct litigation.

ANS:    F          PTS:     1          MSC:   AACSB Analytic