Business Law: Text And Cases
By Kenneth Clarkson
16th Edition
, Chapter 1
Introduction To Law And
Legal Reasoning
N.B.: TYPE indicates that a question is new, modified, or unchanged, as
follows.
N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.
True/False Questions
A1. Thestabilityandpredictabilityofthelawisessentialtobusinessactivities.
Answer: T Page: 2 Type: =
Nat: Aacsb Analytic Aicpa Critical Thinking
A2. Law Is A Body Of Enforceable Rules Governing
Relationships Among Individuals Andbetween Individualsandtheir
Society.
Answer: T Page: 2 Type: =
Nat: Aacsb Analytic Aicpa Legal
A3. A Breachofacontract Is Afailure To Performit.
Answer: T Page: 3 Type: N
Nat: Aacsb Ethics Aicpa Critical Thinking
A4. Constitutional Lawincludes Only The U.S. Constitution.
Answer: F Page: 4 Type: =
Nat: Aacsb Analytic Aicpa Legal
A5. Astateconstitutionissupremewithinthestate‘Sborders.
j
11
,
, 12
Answer: T Page: 4 Type: =
Nat: Aacsb Analytic Aicpa Legal
A6. Whetheralawisconstitutionaldependsonitssource.
j
Answer: F Page: 4 Type: =
Nat: Aacsb Analytic Aicpa Legal
A7. Uniform Laws Apply In All States, Including Thoseinwhichthe Laws
Havenot Been Adopted.
Answer: F Page: 4 Type: =
Nat: Aacsb Analytic Aicpa Legal
A8. A State Law That Conflicts With The U.S. Constitution
Will Be Deemedunconstitutional.
Answer: T Page: 4 Type: =
Nat: Aacsb Analytic Aicpa Legal
A9. Statutory Law Does not Include Countyordinances.
j
Answer: F Page: 4 Type: =
Nat: Aacsb Reflective Aicpa Legal
A10. Nostatehasadoptedtheuniformcommercialcodeinitsentirety.
Answer: F Page: 5 Type: =
Nat: Aacsb Reflective Aicpa Legal
A11. Commonlawisatermforlawthatiscommonthroughouttheworld.
j j j
Answer: F Page: 7 Type: =
Nat: Aacsb Analytic Aicpa Critical Thinking
A12. Damagesisaremedy Atlaw.
Answer: T Page: 7 Type: =
Nat: Aacsb Analytic Aicpa Legal
A13. Remedies In Equity Include Injunctions And Decrees Of Specific Performance.