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Exam (elaborations)

Blaw 205 Exam 1 Updated Actual Questions And Correct Answers

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BLAW 205 EXAM 1 UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

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BLAW 205 EXAM 1 UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS

Question:
1. Types of law

Answer:
constitution
statutory
administrative/regulatory
common

Question:
2. What type of law is supreme?

Answer:
Federal

Question:
3. Law

Answer:
a body of enforceable rules governing relationships among individuals & between
individuals & their society

Question:
4. Liability

Answer:
legally responsible

Question:
5. Breach

Answer:
failure to perform a legal obligation

Question:
6. 6 Functional Fields of Business

Answer:
corporate management
production& transportation
marketing
research & development
accounting & finance
human resource management

, Question:
7. Primary source of law

Answer:
a doc establishes law on a particular issue, such as a constitution, a statue, an
administrative rule, or a court decision

Question:
8. Secondary source of law

Answer:
publication that summarizes or interprets the law

Question:
9. Constitutional law

Answer:
derived from US constitution

Question:
10. Statutory Law

Answer:
body of law enacted by legislative bodies

Question:
11. Citation

Answer:
reference to a publication in which a legal authority- such as a statue or court
decision - or other source can be found

Question:
12. Ordinance

Answer:
regulation by city or country

Question:
13. Stare Decisis

Answer:
common law doctrine that states that judges have to follow precident

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