Business Law Midterm Exam
Questions With 100% Verified Answers
which of the following is not a primary function of law?
a). maintain ability in the social, political function of law
b). protect ownership of private property
c). insure to all a minimum living
d). preservation of the state -
correct answer ✅c
while the principle of stare decisis provides that courts will follow
their precedents in making subsequent decisions, nevertheless a
court may decline to follow its precedents:
a). to correct an erroneous decision
b). to choose among conflicting precedents
c). in recognition of the fact that the needs of society change over
time
d). all of the above -
correct answer ✅d
what is not true of an action brought under criminal law?
,Business Law Midterm Exam
Questions With 100% Verified Answers
a). it involves a wrongful act
b). criminal guilt must be proven beyond a reasonable doubt
c). it must be brought by the government
d). the main purpose of the suit is to require payment of money
damages to the victim -
correct answer ✅d
the highest source of law in the United States is
a). an executive order of the President
b). an interstate compact
c). the federal Constitution
d). the state constitutions -
correct answer ✅c
which of the following statements is correct?
a). law and morality are the same
b). if something is legal, it is moral
c). the law is strongly affected by moral concepts
,Business Law Midterm Exam
Questions With 100% Verified Answers
d). all of the above are correct -
correct answer ✅c
generally, a crime consists of which of the following?
a). a wrongful or overt act
b). the requisite criminal intent
c). both a and b
d). none of the above -
correct answer ✅c
how are crimes distinguished from other forms of unlawful
conduct?
a). they are prosecuted by the victims
b). they result in payment of damages to the victim
c). they are offenses against all of society and are punished by a
find and/or imprisonment
d). all of the above -
correct answer ✅c
, Business Law Midterm Exam
Questions With 100% Verified Answers
which of the following is not required in the commission of an
intentional tort?
a). a duty owed
b). a breach of the duty
c). injury or damage to another
d). all of the above are required -
correct answer ✅d
the standard of care applicable to a child is that of:
a). the reasonable person
b). a reasonable person who is incapable of exercising the
judgement of an adult
c). a reasonable person of like age, intelligence and experience
d). a reasonable person who has a mental disability -
correct answer ✅c
a plaintiff who sues under res loquitur must show that
Questions With 100% Verified Answers
which of the following is not a primary function of law?
a). maintain ability in the social, political function of law
b). protect ownership of private property
c). insure to all a minimum living
d). preservation of the state -
correct answer ✅c
while the principle of stare decisis provides that courts will follow
their precedents in making subsequent decisions, nevertheless a
court may decline to follow its precedents:
a). to correct an erroneous decision
b). to choose among conflicting precedents
c). in recognition of the fact that the needs of society change over
time
d). all of the above -
correct answer ✅d
what is not true of an action brought under criminal law?
,Business Law Midterm Exam
Questions With 100% Verified Answers
a). it involves a wrongful act
b). criminal guilt must be proven beyond a reasonable doubt
c). it must be brought by the government
d). the main purpose of the suit is to require payment of money
damages to the victim -
correct answer ✅d
the highest source of law in the United States is
a). an executive order of the President
b). an interstate compact
c). the federal Constitution
d). the state constitutions -
correct answer ✅c
which of the following statements is correct?
a). law and morality are the same
b). if something is legal, it is moral
c). the law is strongly affected by moral concepts
,Business Law Midterm Exam
Questions With 100% Verified Answers
d). all of the above are correct -
correct answer ✅c
generally, a crime consists of which of the following?
a). a wrongful or overt act
b). the requisite criminal intent
c). both a and b
d). none of the above -
correct answer ✅c
how are crimes distinguished from other forms of unlawful
conduct?
a). they are prosecuted by the victims
b). they result in payment of damages to the victim
c). they are offenses against all of society and are punished by a
find and/or imprisonment
d). all of the above -
correct answer ✅c
, Business Law Midterm Exam
Questions With 100% Verified Answers
which of the following is not required in the commission of an
intentional tort?
a). a duty owed
b). a breach of the duty
c). injury or damage to another
d). all of the above are required -
correct answer ✅d
the standard of care applicable to a child is that of:
a). the reasonable person
b). a reasonable person who is incapable of exercising the
judgement of an adult
c). a reasonable person of like age, intelligence and experience
d). a reasonable person who has a mental disability -
correct answer ✅c
a plaintiff who sues under res loquitur must show that
