BUS LAW Quiz 1 Answers Latest Updated 2023 Rated A+

Data Analytics, Inc., is a corporation engaged in the business of compiling, analyzing, and marketing data. To accomplish its purposes, Data Analytics obtains financing, and hires and fires employees. Laws and government regulations affect such business activities as a. hiring and firing decisions. b. the manufacturing and marketing of products. c. business financing. d. all of the choices. D Congress enacts a statute, the Federal Deposit Insurance Corporation (an administrative agency) issues rules, the Southeast Financial Institutions Association (a private organizations) issues instructions, South Valley Bank posts a memo with orders for its employees, and Tina tells her co-worker about a recent news story. Sources of law include a. the instructions issued by private associations. b. the orders posted by employers. c. the rules issued by federal administrative agencies. d. the stories released by news agencies. C Cato and Dolly are involved in a lawsuit. The best definition of a lawsuit is a. a criminal prosecution, not a civil proceeding. b. a failure to perform a legal obligation. c. a judicial proceeding for the resolution of a dispute. d. an enactment of law by a legislative body. C If a provision in the California state constitution conflicts with a provision in the U.S. Constitution a. neither provision applies. b. the provisions are balanced to reach a compromise. c. the state constitution takes precedence d. the U.S. Constitution takes precedence.