ELA 2601 - Exam 1 ALL EXAM QUESTIONS AND CORRECT
ANSWERS GRADED AND RATED 100% (2024/2025 UPDATE)
Meril is a luxury bag brand that has its own distinctive pattern. The company recently learned that
another retailer has been selling fake Meril bags. The legal dispute that will arise here is most
likely to be governed by - ANSWER Property law
The ideas and philosophies that explain the origin of law and its justification are called - ANSWER
Jurisprudence
The Latin meaning of the word stare decisis is - ANSWER Let the prior decision stand
The law protecting the owners of a business organization from the managers who run it for them
is - ANSWER Corporate governance
The right of an individual to take another person's resources because that person has failed to meet
the requirements of the law is known as a - ANSWER Remedy
Which of the following statements is true of the rule of law? - ANSWER Rule of law nations
adopt laws supporting the private market because it is in everyone's interest, including the
lawmakers
Positive law is contrary to the philosophy of - ANSWER Natural law
Which of the following schools of jurisprudence emphasizes that contemporary law should focus
on legal principles that have withstood the test of time in a nation? - ANSWER Historical
, The primary goal or end of business leaders is to produce a profit. This orientation reflects -
ANSWER Consequentialism
Which of the following statements is true of the categorical imperative? - ANSWER It
requires one to act with good intent to be ethical
The values-based management approach to business ethics illustrates consequentialism through its
emphasis on - ANSWER Teaching ethical values that enhance the profitability of a
company to all employees
The end result of ethical examination is what philosophers call - ANSWER The good
Which of the following statements is an example of ethical formalism? - ANSWER
Openness in communications is deemed fundamental
Which of the following is a similarity between ethical and legal systems? - ANSWER Both
systems consist of rules to guide conduct and foster social cooperation
For a consequentialist, the - ANSWER Harm done by lying is unethical
Who among the following developed the theory of the categorical imperative? - ANSWER
Immanuel Kant
The rules of evidence protect confidential client communications to a lawyer to - ANSWER
Encourage full disclosure by clients
_____ refers to the power of a court, at the state or federal level, to hear a case. - ANSWER
Jurisdiction
ANSWERS GRADED AND RATED 100% (2024/2025 UPDATE)
Meril is a luxury bag brand that has its own distinctive pattern. The company recently learned that
another retailer has been selling fake Meril bags. The legal dispute that will arise here is most
likely to be governed by - ANSWER Property law
The ideas and philosophies that explain the origin of law and its justification are called - ANSWER
Jurisprudence
The Latin meaning of the word stare decisis is - ANSWER Let the prior decision stand
The law protecting the owners of a business organization from the managers who run it for them
is - ANSWER Corporate governance
The right of an individual to take another person's resources because that person has failed to meet
the requirements of the law is known as a - ANSWER Remedy
Which of the following statements is true of the rule of law? - ANSWER Rule of law nations
adopt laws supporting the private market because it is in everyone's interest, including the
lawmakers
Positive law is contrary to the philosophy of - ANSWER Natural law
Which of the following schools of jurisprudence emphasizes that contemporary law should focus
on legal principles that have withstood the test of time in a nation? - ANSWER Historical
, The primary goal or end of business leaders is to produce a profit. This orientation reflects -
ANSWER Consequentialism
Which of the following statements is true of the categorical imperative? - ANSWER It
requires one to act with good intent to be ethical
The values-based management approach to business ethics illustrates consequentialism through its
emphasis on - ANSWER Teaching ethical values that enhance the profitability of a
company to all employees
The end result of ethical examination is what philosophers call - ANSWER The good
Which of the following statements is an example of ethical formalism? - ANSWER
Openness in communications is deemed fundamental
Which of the following is a similarity between ethical and legal systems? - ANSWER Both
systems consist of rules to guide conduct and foster social cooperation
For a consequentialist, the - ANSWER Harm done by lying is unethical
Who among the following developed the theory of the categorical imperative? - ANSWER
Immanuel Kant
The rules of evidence protect confidential client communications to a lawyer to - ANSWER
Encourage full disclosure by clients
_____ refers to the power of a court, at the state or federal level, to hear a case. - ANSWER
Jurisdiction
