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Test Bank for Business Its Legal Ethical and Global.pdf

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Test Bank for Business Its Legal Ethical and G True / False 1. Violations of civil laws can result in imprisonment. a. True b. False ANSWER: False 2. If conduct is a criminal violation, it cannot also be a civil violation. a. True b. False ANSWER: False 3. There are no criminal laws at the federal level. a. True b. False ANSWER: False 4. Terms of a consulting contract are an example of private law. a. True b. False ANSWER: True 5. Substantive laws provide the means and mechanisms for the enforcement of laws. a. True b. False ANSWER: False

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July 28, 2022
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  • test bank for business its legal ethical and globalpdftest bank for business its legal ethical and globalpdftest bank for business its legal ethical and globalpdftest bank for business its legal et

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Test Bank for Business: Its Legal Ethical and Global
Environment 12th Edition Jennings

,True / False

1. Violations of civil laws can result in imprisonment.
a. True
b. False
ANSWER: False

2. If conduct is a criminal violation, it cannot also be a civil violation.
a. True
b. False
ANSWER: False

3. There are no criminal laws at the federal level.
a. True
b. False
ANSWER: False

4. Terms of a consulting contract are an example of private law.
a. True
b. False
ANSWER: True

5. Substantive laws provide the means and mechanisms for the enforcement of laws.
a. True
b. False
ANSWER: False

6. Stare decisis is Latin for "let the decision stand."
a. True
b. False
ANSWER: True

7. The common law in each state is the same.
a. True
b. False
ANSWER: False

8. Jurisprudence is legal philosophy.
a. True
b. False
ANSWER: True

9. Zoning laws are substantive only.
a. True
b. False
ANSWER: False

10. The scholars of jurisprudence generally agree on the theory of law.

, a. True
b. False
ANSWER: False

11. Statutory law exists at all levels of government.
a. True
b. False
ANSWER: True

12. The United States Code includes laws on anticompetitive activities as well as laws regulating the sale of securities.
a. True
b. False
ANSWER: True

13. Ordinances are generally found in state legislative codes.
a. True
b. False
ANSWER: False

14. The Code of Federal Regulations includes the enactments of federal administrative agencies.
a. True
b. False
ANSWER: True

15. States do not have administrative laws.
a. True
b. False
ANSWER: False

16. City ordinances generally cover the legal aspects of incorporation and securities registration.
a. True
b. False
ANSWER: False

17. Citations are a form of legal shorthand for referring to statutes, ordinances, and cases.
a. True
b. False
ANSWER: True

18. Constitutions exist at both state and federal levels.
a. True
b. False
ANSWER: True

19. The Internal Revenue Code is part of federal statutory law.
a. True
b. False
ANSWER: True
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