BUL 5810 - Woodyard - FSU - Exam 1
Questions and Answers 2026.
What is a Law? - Answer A rule of civil conduct prescribed by the supreme power in a state,
commanding what is right, and prohibiting what is wrong.
What are the functions of law? - Answer To maintain stability in the social, political, and
economic system through dispute resolution, protection of property, and the preservation of
the state, while simultaneously permitting ordered change.
What are legal sanctions? - Answer Means by which the law enforces the decisions of the
courts.
What is the difference between law and morals? - Answer They are different but overlapping;
Law provides sanctions, while morals do not.
What is the difference between Law and Justice? - Answer They are separate and distinct
concepts; Justice is the fair, equitable, and impartial treatment of competing interests with due
regard for the common good.
What is substantive law? - Answer Law creating rights and duties.
What is procedural law? - Answer Rules for enforcing substantive law.
What is civil law? - Answer Law dealing with rights and duties the violation of which
constitutes a wrong against an individual or other legal entity.
What is criminal law? - Answer Law establishing duties which, if violated, constitute a wrong
against the entire community.
What are the four sources of law? - Answer Constitutional law, Judicial law, Legislative law,
and Administrative law.
What is Constitutional law? - Answer Fundamental law of government establishing its powers
and limitations.
Into how many parts is Judicial law divided? - Answer 2 parts: Common law and Equity
,What is Common Law? - Answer The branch of Judicial Law that is developed by the courts
ans serves as precedent for determination of later controversies.
What is Equity? - Answer The branch of Judicial law that is based upon principles distinct
from common law and providing remedies not available at law.
Into how many parts is Legislative law divided? - Answer 2 parts: Treaties and Executive
Orders
What is a Treaty? - Answer Agreements between or among independent nations.
What is an Executive Order? - Answer Laws issued by the President or by the Governor of a
state.
What is Administrative law? - Answer Body of law created by Administrative agencies to carry
out their regulatory powers and duties.
What is the supreme law of the land? - Answer The U.S. Constitution
Administrative agencies are powerful because they have 3 powers of government: - Answer
1. Power to make rules
2. Power to investigate or enforce
3. Power to decide if you violated rules
What is Stare Decisis? - Answer The legal principle of determining points in litigation
according to precedent.
What is ethics? - Answer Study of what is good or right for human beings.
What is Business Ethics? - Answer Study of what is right and good in a business setting
What is Ethical Fundamentalism? - Answer The ethical theory in which individuals look to a
central authority or set of rules to guide them in ethical decision making.
What is Ethical Relativism? - Answer The ethical theory in which actions must be judged by
what individuals subjectively feel is right or wrong for themselves.
, What is Situational Ethics? - Answer The ethical theory in which one must judge a person's
actions by first putting oneself in the actor's situation.
What is Utilitarianism? - Answer The ethical theory in which moral actions are those that
produce the greatest net pleasure compared with net pain.
What are the 3 different kinds of Utilitarianism? - Answer 1. Act Utilitarianism
2. Rule Utilitarianism
3. Cost-Benefit Analysis
What us Act Utilitarianism? - Answer The assessment of each separate act according to
whether it maximizes pleasure over pain.
What is Rule Utilitarianism? - Answer The support of rules that on balance produce the
greatest pleasure for society.
What is a Cost-Benefit Analysis? - Answer The quantifying of the benefits and costs of
alternatives.
What is Deontology? - Answer The ethical theory in which actions must be judged by their
motives and means as well as their results.
What is Social Egalitarianism? - Answer The belief that society should provide all its members
with equal amounts of goods and services regardless of their relative contributions.
What is Distributive Justice? - Answer The ethical theory that stresses equality of opportunity
rather than results.
What is Libertarianism? - Answer A belief system that stresses market outcomes as the basis
for distributing society's rewards.
What is Intuitionism? - Answer The belief that a rational person possesses inherent power to
assess the correctness of actions.
What is the "Good Person" theory of ethics? - Answer The belief that individuals should seek
out and emulate good role models.
Kohlberg's stages of moral development is a widely accepted model for: - Answer Ethical
standards in business.
Questions and Answers 2026.
What is a Law? - Answer A rule of civil conduct prescribed by the supreme power in a state,
commanding what is right, and prohibiting what is wrong.
What are the functions of law? - Answer To maintain stability in the social, political, and
economic system through dispute resolution, protection of property, and the preservation of
the state, while simultaneously permitting ordered change.
What are legal sanctions? - Answer Means by which the law enforces the decisions of the
courts.
What is the difference between law and morals? - Answer They are different but overlapping;
Law provides sanctions, while morals do not.
What is the difference between Law and Justice? - Answer They are separate and distinct
concepts; Justice is the fair, equitable, and impartial treatment of competing interests with due
regard for the common good.
What is substantive law? - Answer Law creating rights and duties.
What is procedural law? - Answer Rules for enforcing substantive law.
What is civil law? - Answer Law dealing with rights and duties the violation of which
constitutes a wrong against an individual or other legal entity.
What is criminal law? - Answer Law establishing duties which, if violated, constitute a wrong
against the entire community.
What are the four sources of law? - Answer Constitutional law, Judicial law, Legislative law,
and Administrative law.
What is Constitutional law? - Answer Fundamental law of government establishing its powers
and limitations.
Into how many parts is Judicial law divided? - Answer 2 parts: Common law and Equity
,What is Common Law? - Answer The branch of Judicial Law that is developed by the courts
ans serves as precedent for determination of later controversies.
What is Equity? - Answer The branch of Judicial law that is based upon principles distinct
from common law and providing remedies not available at law.
Into how many parts is Legislative law divided? - Answer 2 parts: Treaties and Executive
Orders
What is a Treaty? - Answer Agreements between or among independent nations.
What is an Executive Order? - Answer Laws issued by the President or by the Governor of a
state.
What is Administrative law? - Answer Body of law created by Administrative agencies to carry
out their regulatory powers and duties.
What is the supreme law of the land? - Answer The U.S. Constitution
Administrative agencies are powerful because they have 3 powers of government: - Answer
1. Power to make rules
2. Power to investigate or enforce
3. Power to decide if you violated rules
What is Stare Decisis? - Answer The legal principle of determining points in litigation
according to precedent.
What is ethics? - Answer Study of what is good or right for human beings.
What is Business Ethics? - Answer Study of what is right and good in a business setting
What is Ethical Fundamentalism? - Answer The ethical theory in which individuals look to a
central authority or set of rules to guide them in ethical decision making.
What is Ethical Relativism? - Answer The ethical theory in which actions must be judged by
what individuals subjectively feel is right or wrong for themselves.
, What is Situational Ethics? - Answer The ethical theory in which one must judge a person's
actions by first putting oneself in the actor's situation.
What is Utilitarianism? - Answer The ethical theory in which moral actions are those that
produce the greatest net pleasure compared with net pain.
What are the 3 different kinds of Utilitarianism? - Answer 1. Act Utilitarianism
2. Rule Utilitarianism
3. Cost-Benefit Analysis
What us Act Utilitarianism? - Answer The assessment of each separate act according to
whether it maximizes pleasure over pain.
What is Rule Utilitarianism? - Answer The support of rules that on balance produce the
greatest pleasure for society.
What is a Cost-Benefit Analysis? - Answer The quantifying of the benefits and costs of
alternatives.
What is Deontology? - Answer The ethical theory in which actions must be judged by their
motives and means as well as their results.
What is Social Egalitarianism? - Answer The belief that society should provide all its members
with equal amounts of goods and services regardless of their relative contributions.
What is Distributive Justice? - Answer The ethical theory that stresses equality of opportunity
rather than results.
What is Libertarianism? - Answer A belief system that stresses market outcomes as the basis
for distributing society's rewards.
What is Intuitionism? - Answer The belief that a rational person possesses inherent power to
assess the correctness of actions.
What is the "Good Person" theory of ethics? - Answer The belief that individuals should seek
out and emulate good role models.
Kohlberg's stages of moral development is a widely accepted model for: - Answer Ethical
standards in business.
