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WGU BUSINESS LAW FOR ACCOUNTANTS - D216 EXAM QUESTIONS WITH COMPLETE SOLUTIONS GUARANTEED PASS BRAND NEW 2025

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WGU BUSINESS LAW FOR ACCOUNTANTS - D216 EXAM QUESTIONS WITH COMPLETE SOLUTIONS GUARANTEED PASS BRAND NEW












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Uploaded on
April 5, 2025
Number of pages
56
Written in
2024/2025
Type
Exam (elaborations)
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WGU BUSINESS LAW FOR ACCOUNTANTS - D216 EXAM
QUESTIONS WITH COMPLETE SOLUTIONS GUARANTEED
PASS BRAND NEW 2025


14th Amendment - ANSWER - > passed in 1868 after the Civil
War, provides, in part, that "[n]o State shall . . . deprive any
person of life, liberty, or property, without due process of law."

action at law - ANSWER - > File a complaint, jury or judge,
judgement, monetary damages or property

action in equity - ANSWER - > File a petition, judge, decree,
injunction, specific performance, or rescission

administrative agency - ANSWER - > A federal or state
government agency created by the legislature to perform a
specific function, such as to make and enforce rules pertaining
to the environment.

appellant - ANSWER - > The party who takes an appeal from
one court to another.

appellee - ANSWER - > The party against whom an appeal is
taken—that is, the party who opposes setting aside or reversing
the judgment.

,Bill of Rights - ANSWER - > The first ten amendments to the U.S.
Constitution.

binding authority - ANSWER - > Any source of law that a court
must follow when deciding a case.

breaches - ANSWER - > To violate a law, by an act or an
omission, or to break a legal obligation that one owes to
another person or to society.

business ethics - ANSWER - > Ethics in a business context; a
consensus of what constitutes right or wrong behavior in the
world of business and the application of moral principles to
situations that arise in a business setting.

case law - ANSWER - > The rules of law announced in court
decisions. Case law interprets statutes, regulations,
constitutional provisions, and other case law.

categorical imperative - ANSWER - > A concept developed by
the philosopher Immanuel Kant as an ethical guideline for
behavior. In deciding whether an action is right or wrong, or
desirable or undesirable, a person should evaluate the action in
terms of what would happen if everybody else in the same
situation, or category, acted the same way.

checks and balances - ANSWER - > The system by which each of
the three branches of the U.S. national government (executive,

,legislative, and judicial) exercises checks on the powers of the
other branches.

Civil law - ANSWER - > The branch of law dealing with the
definition and enforcement of all private or public rights, as
opposed to criminal matters.

commerce clause - ANSWER - > The provision in Article I,
Section 8, of the U.S. Constitution that gives Congress the
power to regulate interstate commerce.

common law - ANSWER - > a body of general rules that applied
throughout the entire English realm

compelling government interest - ANSWER - > A test of
constitutionality that requires the government to have
compelling reasons for passing any law that restricts
fundamental rights, such as free speech, or distinguishes
between people based on a suspect trait.

concurring opinion - ANSWER - > A court opinion by one or
more judges or justices who agree with the majority but want
to make or emphasize a point that was not made or
emphasized in the majority's opinion.

Constitutional law - ANSWER - > Law that is based on the U.S.
Constitution and the constitutions of the various states.

, Corporate social responsibility (CSR) - ANSWER - > The concept
that corporations can and should act ethically and be
accountable to society for their actions.

cost-benefit analysis - ANSWER - > A decision-making technique
that involves weighing the costs of a given action against the
benefits of the action.

courts of equity - ANSWER - > A court that decides
controversies and administers justice according to the rules,
principles, and precedents of equity.

courts of law - ANSWER - > A court in which the only remedies
that can be granted are things of value, such as money
damages. In the early English king's courts, courts of law were
distinct from courts of equity.

Criminal law - ANSWER - > The branch of law that defines and
punishes wrongful actions committed against the public.

cyberlaw - ANSWER - > An informal term used to refer to all
laws governing electronic communications and transactions,
particularly those conducted via the Internet.

damages - ANSWER - > A monetary award sought as a remedy
for a breach of contract or a tortious act.

defendant - ANSWER - > One against whom a lawsuit is
brought, or the accused person in a criminal proceeding.

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