LEGAL ENVIRONMENT OF BUSINESS
PRACTICE EXAM WITH COMPLETE
QUESTIONS AND ANSWERS {VERIFIED} |
2026/2027 CYCLE | GUARANTEED PASS
| ALREADY GRADED A+ | BRAND
NEW!!!!
law - CORRECT ANSWER A body of enforceable rules governing relationships among individuals
and between individuals and their society.
liability - CORRECT ANSWER The state of being legally responsible (liable) for something, such
as a debt or obligation.
primary source of law - CORRECT ANSWER A source that establishes the law on a particular
issue, such as a constitution, a statute, an administrative rule, or a court decision.
secondary source of law - CORRECT ANSWER A publication that summarizes or interprets the
law, such as a legal encyclopedia, a legal treatise, or an article in a law review.
Constitutional Law - CORRECT ANSWER The body of law derived from the U.S. Constitution and
the constitutions of the various states.
, Statutory Law - CORRECT ANSWER The body of law enacted by legislative bodies (as opposed
to constitutional law, administrative law, or case law).
Ordinance - CORRECT ANSWER A regulation enacted by a city or county legislative body that
becomes part of that city's and county's statutory law.
Uniform Laws - CORRECT ANSWER Model laws developed by the National Conference of
Commissioners on Uniform State Laws for the states to consider enacting into statute.
adminstrative law - CORRECT ANSWER The body of law created by administrative agencies in
order to carry out their duties and responsibilities.
adminstrative agency - CORRECT ANSWER A federal, state, or local government agency created
by the legislature to perform a specific function, such as to make and enforce rules pertaining to
the environment.
Enabling Legislation - CORRECT ANSWER A statute enacted by Congress that authorizes the
creation of an administrative agency and specifies the name, composition, and powers of the
agency being created.
Adjudicate - CORRECT ANSWER To render a judicial decision. Adjudication is the trial-like
proceeding in which an administrative law judge hears and resolves disputes involving an
administrative agency's regulations.
Administrative processes - CORRECT ANSWER The procedure used by administrative agencies
in fulfilling their three basic functions: rulemaking, enforcement, and adjudication.
Rulemaking - CORRECT ANSWER The process by which an administrative agency formally
adopts a new regulation or amends an old one.
PRACTICE EXAM WITH COMPLETE
QUESTIONS AND ANSWERS {VERIFIED} |
2026/2027 CYCLE | GUARANTEED PASS
| ALREADY GRADED A+ | BRAND
NEW!!!!
law - CORRECT ANSWER A body of enforceable rules governing relationships among individuals
and between individuals and their society.
liability - CORRECT ANSWER The state of being legally responsible (liable) for something, such
as a debt or obligation.
primary source of law - CORRECT ANSWER A source that establishes the law on a particular
issue, such as a constitution, a statute, an administrative rule, or a court decision.
secondary source of law - CORRECT ANSWER A publication that summarizes or interprets the
law, such as a legal encyclopedia, a legal treatise, or an article in a law review.
Constitutional Law - CORRECT ANSWER The body of law derived from the U.S. Constitution and
the constitutions of the various states.
, Statutory Law - CORRECT ANSWER The body of law enacted by legislative bodies (as opposed
to constitutional law, administrative law, or case law).
Ordinance - CORRECT ANSWER A regulation enacted by a city or county legislative body that
becomes part of that city's and county's statutory law.
Uniform Laws - CORRECT ANSWER Model laws developed by the National Conference of
Commissioners on Uniform State Laws for the states to consider enacting into statute.
adminstrative law - CORRECT ANSWER The body of law created by administrative agencies in
order to carry out their duties and responsibilities.
adminstrative agency - CORRECT ANSWER A federal, state, or local government agency created
by the legislature to perform a specific function, such as to make and enforce rules pertaining to
the environment.
Enabling Legislation - CORRECT ANSWER A statute enacted by Congress that authorizes the
creation of an administrative agency and specifies the name, composition, and powers of the
agency being created.
Adjudicate - CORRECT ANSWER To render a judicial decision. Adjudication is the trial-like
proceeding in which an administrative law judge hears and resolves disputes involving an
administrative agency's regulations.
Administrative processes - CORRECT ANSWER The procedure used by administrative agencies
in fulfilling their three basic functions: rulemaking, enforcement, and adjudication.
Rulemaking - CORRECT ANSWER The process by which an administrative agency formally
adopts a new regulation or amends an old one.
