TESTBANKFORj j
Dynamic Business Law The Essentials, 5th Edition, Nancy Kubasek Cha
j j j j j j j j j
pter 1-25 Answers are at the End of Each Chapter
j j j j j j j j j
Chapter 1 j
Student name: j
1) Listjthejpurposesjofjthejlawjandjdiscussjwhyjthesejpurposesjarejnecessaryjforjanjorderedjsocie
ty.
2) Definej"starejdecisis,"jdiscussjwhenjitjoccursjinjthejlegaljsystem,jandjexplainjwhyjstarejdeci
sisjisjimportantjtojbusinessesjandjindividuals.
3) ExplainjinjwhatjwaysjajtreatyjbetweenjajforeignjcountryjandjthejUnitedjStatesjisjsimilarjtojajc
ontract.
1
,4) Explainjthejfunctionjofjadministrativejagenciesjandjwhyjtheyjarejnecessary.Listjfivejind
ependentjagenciesjandjfivejexecutivejagencies.
5) JudgejSusiejJustice,jwhojisjnewlyjappointedjtojthejbench,jisjpresentedjwithjajquestionjofjlawji
nvolvingjajcatjnamedjChesterjwhojscratchedjajneighbor'sjantiquejjalopy.jThejneighbor,jGeorge,jdem
andsjjusticejinjthejformjofjfulljpaymentjfromjChester'sjowner,jBill,jandjalsojrequestsjthatjChesterjbejs
hippedjtojthejlocaljanimaljshelter.jBilljsaysjthatjhejshouldjnotjhavejtojpayjanythingjbecausejChesterjh
adjneverjscratchedjbefore,jthatjChesterjshouldjbejallowedjtojstayjinjthejneighborhood,jandjthatjhejsho
uldjbejreimbursedjforjhisjlegaljfeesjbyjGeorgejwhojisjajgrumpjandjneverjshouldjhavejbroughtjthejlaws
uit.jJudgejJusticejisjperplexedjandjwantsjtojmakejajgoodjdecisionjsincejshejisjnewjtojthejbench.jDescri
bejhowjthejjudgejshouldjgojaboutjreachingjajdecision.jDiscussjinjyourjanswerjthejimpactjofjcasesjfro
mjotherjjurisdictionsjassumingjtherejisjnojrelevantjlawjinjJudgejJustice'sjjurisdiction.jAlso,jassuming
jtherejisjrelevantjlawjinjthisjjurisdiction,jdiscussjthejapplicablejlegaljstandardjthejjudgejshouldjapplyji
fjshejfindsjajrelevantjstatutejthatjconflictsjwithjearlierjcasejlaw.
6) Describejcontrastsjbetweenjthejcost-
benefitjschooljofjjurisprudencejandjthejidentificationjwithjthejvulnerablejschooljofjjurisprudence.
2
,7) Whichjofjthejfollowingjisjnotjonejofjthejsixjfunctionaljareasjofjbusinessjthatjsitsjonjajfound
ationjofjbusinessjlaw?
A) management
B) productionjandjtransportation
C) marketing
D) accountingjandjfinance
E) statejandjfederaljtaxation
8) Ajcommercialjfirmjthatjseeksjtojmergejwithjanotherjfirmjmustjobeyjthejlawsjofjantitrust.jThisj
isjanjexamplejof:
A) businessjlaw
B) equity
C) ethics
D) ThejUniformjContractsjCode
E) ThejInternationaljContractsjCode
9) “Guaranteeingjpersonaljfreedoms”jis:
A) thejexclusivejpurposejofjthejlaw.
B) onejofjthejnumerousjpurposesjfulfilledjbyjthejlaw.
C) ajpurposejofjcriminal,jbutjnotjcivil,jlaw.
D) ajpurposejofjcivil,jbutjnotjcriminal,jlaw.
E) ajcultural,jbutjnotjlegal,jexpectation.
10) Whichjofjthejfollowingjisjonejofjthejnumerousjpurposesjfulfilledjbyjthejlaw?
3
, A) Discouragingjsocialjjustice
B) Limitingjpersonaljfreedoms
C) Servingjasjajmoraljguidejbyjindicatingjmaximumjexpectationsjofjcitizensjandjorg
anizations
D) Providingjorderjsuchjthatjonejcanjdependjonjajpromisejorjanjexpectationjofjobli
gations
E) Servingjasjajsupplementjtojfighting
11) Whichjofjthejfollowingjisjnotjonejofjthejnumerousjpurposesjfulfilledjbyjthejlaw?
A) Providingjorderjsuchjthatjonejcanjdependjonjajpromisejorjanjexpectationjofjobli
gations
B) Servingjasjanjalternativejtojfighting
C) Facilitatingjchangejwithoutjrequiringjajrationaljconsiderationjofjoptions
D) Encouragingjsocialjjustice
E) Servingjasjajmoraljguidejbyjindicatingjminimaljexpectationsjofjcitizensjandjorg
anizations
12) Louisville,jKentuckyjisjdebatingjajnewjbusinessjordinancejthatjwilljaddressjsidewalksjinjitsjc
ity.jMembersjofjthejLouisvillejcityjcounciljdojnotjneedjtojconcernjthemselvesjwithjwhichjofjthejfollo
wingjissues?
A) Localjtaxes
B) Environmentaljstandards
C) Federally-mandatedjrestrictivejcovenants
D) Buildingjcodes
E) Localjzoning
13) Whichjofjthejfollowingjisjnotjajpurposejofjthejlawjasjsetjforthjinjthejtext?
4
Dynamic Business Law The Essentials, 5th Edition, Nancy Kubasek Cha
j j j j j j j j j
pter 1-25 Answers are at the End of Each Chapter
j j j j j j j j j
Chapter 1 j
Student name: j
1) Listjthejpurposesjofjthejlawjandjdiscussjwhyjthesejpurposesjarejnecessaryjforjanjorderedjsocie
ty.
2) Definej"starejdecisis,"jdiscussjwhenjitjoccursjinjthejlegaljsystem,jandjexplainjwhyjstarejdeci
sisjisjimportantjtojbusinessesjandjindividuals.
3) ExplainjinjwhatjwaysjajtreatyjbetweenjajforeignjcountryjandjthejUnitedjStatesjisjsimilarjtojajc
ontract.
1
,4) Explainjthejfunctionjofjadministrativejagenciesjandjwhyjtheyjarejnecessary.Listjfivejind
ependentjagenciesjandjfivejexecutivejagencies.
5) JudgejSusiejJustice,jwhojisjnewlyjappointedjtojthejbench,jisjpresentedjwithjajquestionjofjlawji
nvolvingjajcatjnamedjChesterjwhojscratchedjajneighbor'sjantiquejjalopy.jThejneighbor,jGeorge,jdem
andsjjusticejinjthejformjofjfulljpaymentjfromjChester'sjowner,jBill,jandjalsojrequestsjthatjChesterjbejs
hippedjtojthejlocaljanimaljshelter.jBilljsaysjthatjhejshouldjnotjhavejtojpayjanythingjbecausejChesterjh
adjneverjscratchedjbefore,jthatjChesterjshouldjbejallowedjtojstayjinjthejneighborhood,jandjthatjhejsho
uldjbejreimbursedjforjhisjlegaljfeesjbyjGeorgejwhojisjajgrumpjandjneverjshouldjhavejbroughtjthejlaws
uit.jJudgejJusticejisjperplexedjandjwantsjtojmakejajgoodjdecisionjsincejshejisjnewjtojthejbench.jDescri
bejhowjthejjudgejshouldjgojaboutjreachingjajdecision.jDiscussjinjyourjanswerjthejimpactjofjcasesjfro
mjotherjjurisdictionsjassumingjtherejisjnojrelevantjlawjinjJudgejJustice'sjjurisdiction.jAlso,jassuming
jtherejisjrelevantjlawjinjthisjjurisdiction,jdiscussjthejapplicablejlegaljstandardjthejjudgejshouldjapplyji
fjshejfindsjajrelevantjstatutejthatjconflictsjwithjearlierjcasejlaw.
6) Describejcontrastsjbetweenjthejcost-
benefitjschooljofjjurisprudencejandjthejidentificationjwithjthejvulnerablejschooljofjjurisprudence.
2
,7) Whichjofjthejfollowingjisjnotjonejofjthejsixjfunctionaljareasjofjbusinessjthatjsitsjonjajfound
ationjofjbusinessjlaw?
A) management
B) productionjandjtransportation
C) marketing
D) accountingjandjfinance
E) statejandjfederaljtaxation
8) Ajcommercialjfirmjthatjseeksjtojmergejwithjanotherjfirmjmustjobeyjthejlawsjofjantitrust.jThisj
isjanjexamplejof:
A) businessjlaw
B) equity
C) ethics
D) ThejUniformjContractsjCode
E) ThejInternationaljContractsjCode
9) “Guaranteeingjpersonaljfreedoms”jis:
A) thejexclusivejpurposejofjthejlaw.
B) onejofjthejnumerousjpurposesjfulfilledjbyjthejlaw.
C) ajpurposejofjcriminal,jbutjnotjcivil,jlaw.
D) ajpurposejofjcivil,jbutjnotjcriminal,jlaw.
E) ajcultural,jbutjnotjlegal,jexpectation.
10) Whichjofjthejfollowingjisjonejofjthejnumerousjpurposesjfulfilledjbyjthejlaw?
3
, A) Discouragingjsocialjjustice
B) Limitingjpersonaljfreedoms
C) Servingjasjajmoraljguidejbyjindicatingjmaximumjexpectationsjofjcitizensjandjorg
anizations
D) Providingjorderjsuchjthatjonejcanjdependjonjajpromisejorjanjexpectationjofjobli
gations
E) Servingjasjajsupplementjtojfighting
11) Whichjofjthejfollowingjisjnotjonejofjthejnumerousjpurposesjfulfilledjbyjthejlaw?
A) Providingjorderjsuchjthatjonejcanjdependjonjajpromisejorjanjexpectationjofjobli
gations
B) Servingjasjanjalternativejtojfighting
C) Facilitatingjchangejwithoutjrequiringjajrationaljconsiderationjofjoptions
D) Encouragingjsocialjjustice
E) Servingjasjajmoraljguidejbyjindicatingjminimaljexpectationsjofjcitizensjandjorg
anizations
12) Louisville,jKentuckyjisjdebatingjajnewjbusinessjordinancejthatjwilljaddressjsidewalksjinjitsjc
ity.jMembersjofjthejLouisvillejcityjcounciljdojnotjneedjtojconcernjthemselvesjwithjwhichjofjthejfollo
wingjissues?
A) Localjtaxes
B) Environmentaljstandards
C) Federally-mandatedjrestrictivejcovenants
D) Buildingjcodes
E) Localjzoning
13) Whichjofjthejfollowingjisjnotjajpurposejofjthejlawjasjsetjforthjinjthejtext?
4
