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Test Bank for Essentials of Business Law, 8th Edition by Jeffrey F. Beatty

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Complete Test Bank for Essentials of Business Law, 8e 8th Edition by Jeffrey F. Beatty, Susan S. Samuelson, Patricia Abril, Patricia Abril. All Chapters (Ch 1 to 44) are included with answers. Latest Exam Guide Instructor. Practice exams. ISBN 9798214045269 Unit I: THE LEGAL ENVIRONMENT. 1. Introduction to Law. 2. Ethics and Corporate Social Responsibility. 3. International Law. 4. Common Law, Statutory Law, and Administrative Law. 5. Constitutional Law. 6. Dispute Resolution. 7. Crime. Unit II: TORTS. 8. Intentional Torts and Business Torts. 9. Negligence, Strict Liability, and Product Liability. 10. Privacy and Internet Law. Unit III: CONTRACTS. 11. Introduction to Contracts. 12. Agreement: Offers and Acceptances. 13. Consideration. 14. Legality. 15. Voidable Contracts: Capacity and Consent. 16. Written Contracts. 17. Third Parties. 18. Contract Termination. 19. Remedies. 20. Practical Contracts. Unit IV: SALES. 21. Introduction to Sales. 22. Ownership, Risk and Warranties. 23. Performance and Remedies. Unit V: ADDITIONAL CPA TOPICS. 24. Secured Transactions. 25. Creating a Negotiable Instrument. 26. Liability for Negotiable Instruments. 27. Accountants' Liability. Unit VI: AGENCY AND EMPLOYMENT LAW. 28. Agency Law. 29. Employment and Labor Law. 30. Employment Discrimination. Unit VII: BUSINESS ORGANIZATIONS. 31. Starting a Business: LLCs and Other Options. 32. Partnerships. 33. Life and Death of a Corporation. 34. Management Duties. 35. Shareholder Rights. 36. Bankruptcy. Unit VIII: GOVERNMENT REGULATION. 37. Securities Regulation. 38. Antitrust. 39. Consumer Protection. 40. Environmental Law. Unit IX: PROPERTY. 41. Intellectual Property. 42. Real Property and Landlord Tenant Law. 43. Personal Property and Bailment. 44. Planning for the Future: Wills, Trusts and Insurance.

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Institution
Business Law 8e
Module
Business Law 8e

Content preview

Chapter 01 8e

Indicate whether the statement is true or false.
1. The doctrine of precedent is binding on all courts from lower courts to the U.S. Supreme Court.
a. True
b. False

ANSWER: False

2. Under the natural law theory of jurisprudence, an unjust law is no law at all.
a. True
b. False

ANSWER: True

3. In Anglo-Saxon society, men were put into groups of ten, known as a “tithing,” and were individually held
responsible for any injury caused by any member of the group, and this is the forerunner of the idea of business
partnerships.
a. True
b. False

ANSWER: True

4. A rule that establishes a maximum length of work shifts for air traffic controllers demonstrates an agency
imposing a regulation.
a. True
b. False

ANSWER: True

5. DoorWay Computers, Inc., the trademark owner of "DoorWay," seeks a court injunction to prevent Handyman
Hardware, Inc. from using the domain name, "DoorWay.com," and a jury will decide whether DoorWay is
entitled to this remedy.
a. True
b. False

ANSWER: False

6. When Yusuf breaches his contract with Alia and causes Alia a great deal of financial harm, Alia may prosecute
Yusuf criminally.
a. True
b. False

ANSWER: False




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,Name: Class: Date:

Chapter 01 8e

7. If the Ninth Circuit Court of Appeals affirms a district court's decision, this means that the Ninth Circuit Court of
Appeals approved the district court's decision and upheld the outcome in the case.
a. True
b. False

ANSWER: True

8. To decide a current case, Judge Smith refers to prior rulings on the same subject because, as required, she is
relying on precedent to make her decision.
a. True
b. False

ANSWER: True

9. A case called Kuehn v. Pub Zone would reveal that Kuehn is the plaintiff because the plaintiff is always listed
first.
a. True
b. False

ANSWER: False

10. Lawyers originated in Anglo-Saxon courts, where they were used to mediate disputes.
a. True
b. False

ANSWER: False

11. If the president vetoes a bill, it can still become law if both the House and the Senate approve it with a 51 percent
majority.
a. True
b. False

ANSWER: False

12. In 1994, the Arizona Supreme Court decided the case of Hernandez v. Arizona Board of Regents and found a
duty of care to avoid furnishing alcohol to underage consumers. So, if in 2024 an Arizona plaintiff brings a lawsuit
against an Arizona university’s fraternity for providing alcohol to members under the legal drinking age, the
Hernandez v. Arizona Board of Regents case will serve as precedent.
a. True
b. False

ANSWER: True




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,Name: Class: Date:

Chapter 01 8e

13. Salvador was driving too fast for the icy road conditions and hit Xochitl's car, so Xochitl can sue Salvador in
criminal court.
a. True
b. False

ANSWER: False

14. Common law is a body of cases decided by legislatures.
a. True
b. False

ANSWER: False

15. When Congress passes a law restricting the access of children to specific websites, the statute will be rendered
void if the U.S. Supreme Court subsequently rules that the statute conflicts with the First Amendment of the U.S.
Constitution.
a. True
b. False

ANSWER: True

Indicate the answer choice that best completes the statement or answers the question.
16. Which of the following played a role in the creation of the U.S. government by solving the problem of
federalism?
a. The Visigoths
b. The Iroquois Native Americans
c. Confucius
d. Alexis de Tocqueville

ANSWER: b

17. Henry David Thoreau felt that war was unjust and therefore refused to pay his taxes when the United States
declared war on Mexico. If Henry David Thoreau's neighbor agreed that war was unjust but paid his taxes
because the law required him to pay the tax, the neighbor would be applying the jurisprudence theory of
a. legal positivism.
b. natural law.
c. legal realism.
d. common law.

ANSWER: a




Page 3

, Name: Class: Date:

Chapter 01 8e

18. Manuelita filed a lawsuit against Ulhoff for failure to repay $1,000 according to the terms of a promissory note.
The trial ended before it began, with the trial judge granting a motion for summary judgment in favor of
Manuelita. Ulhoff appealed, and the Supreme Court of Iowa remanded the case. This means
a. Manuelita automatically wins because he won in the lower court.
b. Ulhoff automatically wins because he lost in the lower court.
c. neither party wins because the case is being thrown out.
d. we do not know who wins yet because the case is being returned to the trial court for additional steps.

ANSWER: d

19. Which school of jurisprudence is based on the philosophy that what matters is not what is written as law, but who
enforces the law and by what process?
a. Legal positivism
b. Natural law
c. Legal realism
d. Sovereign selection

ANSWER: c

20. Sharif and Karen enter into a contract which requires Sharif to make ten bracelets each month and for Karen to
pay Sharif $500 each month for these bracelets. Karen plans to then sell the bracelets in her boutique downtown.
Three months later, Sharif makes ten bracelets, but Karen only pays Sharif $200. Sharif consults with his
attorney to find out what he should do. The attorney will advise Sharif to
a. prosecute Karen criminally.
b. regulate Karen administratively.
c. sue Karen civilly.
d. pass a law against Karen’s actions legislatively.

ANSWER: c

21. Vicky is a new attorney who was just licensed. Vicky’s law firm has given her the case of Jones v. Smith to
handle on her own. Vicky has to go in front of the judge tomorrow and argue why her client is correct and argue
which law applies to the case. Vicky wants to be sure she is using primary, not secondary, sources of law when
arguing her case. Vicky plans to refer the judge to the common law, an administrative agency regulation, and a
law review article. Which, if any, are primary sources of law?
a. The common law and the administrative agency regulation are primary sources of law.
b. The common law, the administrative agency regulation, and the law review article are all primary sources
of law.
c. Only the common law is a primary source of law.
d. The administrative agency regulation and the law review article are primary sources of law.

ANSWER: a




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Institution
Business Law 8e
Module
Business Law 8e

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