Business Law Text &
Exercises 10th Edition
ST
TEST BANK
UV
IA
_A
Roger LeRoy Miller
PP
────────────────────────────────────────────────────
Comprehensive Test Bank for Instructors
RO
and Students
VE
© Roger LeRoy Miller.
All rights reserved. Reproduction or distribution without permission is prohibited.
D ?
© BooksbyMed
, Business Law: Text & Exercises – 10th Edition
(ISBN 9780357717417)
Roger LeRoy Miller
TABLE OF CONTENTS
Chapter 1. Introduction to the Law
Chapter 2. Ethics in Business
ST
Chapter 3. The Courts and Our Legal System
Chapter 4. Constitutional Law
Chapter 5. Business Torts
Chapter 6. Intellectual Property
UV
Chapter 7. Business Crimes
Chapter 8. Introduction to Contracts
Chapter 9. Offer and Acceptance
Chapter 10. Consideration
Chapter 11. Capacity
Chapter 12. The Legality of Agreements
IA
Chapter 13. Voluntary Consent
Chapter 14. Contracts That Must Be in Writing
Chapter 15. Third Party Rights
_A
Chapter 16. Termination and Remedies
Chapter 17. Introduction to Sales and Lease Contracts
Chapter 18. Title and Risk of Loss
Chapter 19. Performance and Breach
Chapter 20. Warranties and Product Liability
PP
Chapter 21. Consumer Protection
Chapter 22. The Essentials of Negotiability
Chapter 23. Negotiable Instruments: Transfer and Liability
Chapter 24. Banking
RO
Chapter 25. Agency Relationships
Chapter 26. Employment, Immigration, and Labor Law
Chapter 27. Employment Discrimination
Chapter 28. Types of Business Organizations
Chapter 29. Formation and Ownership of a Corporation
VE
Chapter 30. Management of a Corporation
Chapter 31. Combining and Dissolving Corporations
Chapter 32. Security Interests and Creditors’ Remedies
Chapter 33. Mortgages
Chapter 34. Bankruptcy
D
Chapter 35. Insurance
Chapter 36. Personal Property
?
Chapter 37. Bailments
Chapter 38. Real Property
Chapter 39. Landlord and Tenant Law
Chapter 40. Wills and Trusts
Chapter 41. Administrative Law
Chapter 42. Antitrust Law
Chapter 43. International and Space Law
© BooksbyMed
,Name: Class: Date:
Chapter 01: Introduction to the Law
1. Law consists of enforceable rules governing individuals and their society.
a. True
b. False
ANSWER: True
2. Laws and government regulations affect almost all business activities.
a. True
ST
b. False
ANSWER: True
3. Business people do not need to understand court processes because if they are sued, the lawyers will know those rules.
UV
a. True
b. False
ANSWER: False
IA
4. The study of business law involves an ethical dimension.
a. True
b. False
ANSWER: True
_A
5. Small-business owners are company leaders who do not have to deal with management issues and understand the
detailed laws.
a. True
PP
b. False
ANSWER: False
6. Precedents are court decisions that guide future legal decisions to create stability, consistency, and predictability.
RO
a. True
b. False
ANSWER: True
7. A small-business owner is likely to face legal questions when determining ways to reduce business taxes.
VE
a. True
b. False
ANSWER: True
D?
8. Administrative agencies make rules and regulations called administrative law.
a. True
b. False
ANSWER: True
9. Stare decisis is a doctrine obligating judges to help persons who have failed to protect their own rights.
a. True
b. False
ANSWER: False
Copyright Cengage Learning. Powered by Cognero. Page 1
, Name: Class: Date:
Chapter 01: Introduction to the Law
10. In a common law system, judges are obligated to follow the precedents established within their jurisdictions.
a. True
b. False
ANSWER: True
11. Courts may depart from precedents.
ST
a. True
b. False
ANSWER: True
UV
12. Damages traditionally were awarded by courts of law only.
a. True
b. False
ANSWER: True
IA
13. Remedies in equity include injunctions.
a. True
b. False
_A
ANSWER: True
14. In most states, the courts no longer grant “equitable” remedies.
a. True
PP
b. False
ANSWER: False
15. The term “common law” refers to law that is common throughout the world.
RO
a. True
b. False
ANSWER: False
16. Constitutional law includes only the U.S. Constitution.
VE
a. True
b. False
ANSWER: False
D?
17. A state constitution is supreme within the state borders and will govern state issues even if it conflicts with the U.S.
Constitution.
a. True
b. False
ANSWER: False
18. A constitution sets forth a government’s general organization.
a. True
b. False
Copyright Cengage Learning. Powered by Cognero. Page 2
Exercises 10th Edition
ST
TEST BANK
UV
IA
_A
Roger LeRoy Miller
PP
────────────────────────────────────────────────────
Comprehensive Test Bank for Instructors
RO
and Students
VE
© Roger LeRoy Miller.
All rights reserved. Reproduction or distribution without permission is prohibited.
D ?
© BooksbyMed
, Business Law: Text & Exercises – 10th Edition
(ISBN 9780357717417)
Roger LeRoy Miller
TABLE OF CONTENTS
Chapter 1. Introduction to the Law
Chapter 2. Ethics in Business
ST
Chapter 3. The Courts and Our Legal System
Chapter 4. Constitutional Law
Chapter 5. Business Torts
Chapter 6. Intellectual Property
UV
Chapter 7. Business Crimes
Chapter 8. Introduction to Contracts
Chapter 9. Offer and Acceptance
Chapter 10. Consideration
Chapter 11. Capacity
Chapter 12. The Legality of Agreements
IA
Chapter 13. Voluntary Consent
Chapter 14. Contracts That Must Be in Writing
Chapter 15. Third Party Rights
_A
Chapter 16. Termination and Remedies
Chapter 17. Introduction to Sales and Lease Contracts
Chapter 18. Title and Risk of Loss
Chapter 19. Performance and Breach
Chapter 20. Warranties and Product Liability
PP
Chapter 21. Consumer Protection
Chapter 22. The Essentials of Negotiability
Chapter 23. Negotiable Instruments: Transfer and Liability
Chapter 24. Banking
RO
Chapter 25. Agency Relationships
Chapter 26. Employment, Immigration, and Labor Law
Chapter 27. Employment Discrimination
Chapter 28. Types of Business Organizations
Chapter 29. Formation and Ownership of a Corporation
VE
Chapter 30. Management of a Corporation
Chapter 31. Combining and Dissolving Corporations
Chapter 32. Security Interests and Creditors’ Remedies
Chapter 33. Mortgages
Chapter 34. Bankruptcy
D
Chapter 35. Insurance
Chapter 36. Personal Property
?
Chapter 37. Bailments
Chapter 38. Real Property
Chapter 39. Landlord and Tenant Law
Chapter 40. Wills and Trusts
Chapter 41. Administrative Law
Chapter 42. Antitrust Law
Chapter 43. International and Space Law
© BooksbyMed
,Name: Class: Date:
Chapter 01: Introduction to the Law
1. Law consists of enforceable rules governing individuals and their society.
a. True
b. False
ANSWER: True
2. Laws and government regulations affect almost all business activities.
a. True
ST
b. False
ANSWER: True
3. Business people do not need to understand court processes because if they are sued, the lawyers will know those rules.
UV
a. True
b. False
ANSWER: False
IA
4. The study of business law involves an ethical dimension.
a. True
b. False
ANSWER: True
_A
5. Small-business owners are company leaders who do not have to deal with management issues and understand the
detailed laws.
a. True
PP
b. False
ANSWER: False
6. Precedents are court decisions that guide future legal decisions to create stability, consistency, and predictability.
RO
a. True
b. False
ANSWER: True
7. A small-business owner is likely to face legal questions when determining ways to reduce business taxes.
VE
a. True
b. False
ANSWER: True
D?
8. Administrative agencies make rules and regulations called administrative law.
a. True
b. False
ANSWER: True
9. Stare decisis is a doctrine obligating judges to help persons who have failed to protect their own rights.
a. True
b. False
ANSWER: False
Copyright Cengage Learning. Powered by Cognero. Page 1
, Name: Class: Date:
Chapter 01: Introduction to the Law
10. In a common law system, judges are obligated to follow the precedents established within their jurisdictions.
a. True
b. False
ANSWER: True
11. Courts may depart from precedents.
ST
a. True
b. False
ANSWER: True
UV
12. Damages traditionally were awarded by courts of law only.
a. True
b. False
ANSWER: True
IA
13. Remedies in equity include injunctions.
a. True
b. False
_A
ANSWER: True
14. In most states, the courts no longer grant “equitable” remedies.
a. True
PP
b. False
ANSWER: False
15. The term “common law” refers to law that is common throughout the world.
RO
a. True
b. False
ANSWER: False
16. Constitutional law includes only the U.S. Constitution.
VE
a. True
b. False
ANSWER: False
D?
17. A state constitution is supreme within the state borders and will govern state issues even if it conflicts with the U.S.
Constitution.
a. True
b. False
ANSWER: False
18. A constitution sets forth a government’s general organization.
a. True
b. False
Copyright Cengage Learning. Powered by Cognero. Page 2
