WGU D216 - Business Law for Accountants OA
Questions And Answers Latest Updates
2025/2026 With Correct Answers 100% With
Complete Solutions
Constitutional law
law that involves the interpretation and application
of the U.S. Constitution and state constitutions
statutory law
Laws enacted by legislative bodies at any level of
government
ordinances
A law passed by a local governing unit such as a city
or county
uniform laws
A model law developed by the National Conference
of Commissioners on Uniform State Laws for the
states to consider enacting into statute.
Administrative Law
consists of the rules, orders, and decisions of
administrative agencies
administrative agency
,a federal, state, or local government agency
established to perform a specific function.
executive agencies
An administrative agency within the executive
branch of government. At the federal level,
executive agencies are those within the cabinet
departments.
independent regulatory agencies
An administrative agency that is not considered part
of the government's executive branch and is not
subject to the authority of the president. Independent
agency officials cannot be removed without cause.
Case law
the doctrines and principles announced in cases
What does case law govern?
all areas not covered by statutory law or
administrative law and is part of our common law
tradition
common law
The body of law developed from custom or judicial
decisions in English and U.S. courts, not attributable
to a legislature.
Remedies
the legal means to enforce a right or redress a wrong
,How would the King's courts award
compensation?
Land, items of value, or money
What did the courts that awarded money, land,
or items of value known as?
Courts of law
What were compensation of land, items of value,
and money known as?
Remedies of law
damages
Amounts given to a party whose legal interests have
been injured
courts of equity
A court that decides controversies and administers
justice according to the rules, principles, and
precedents of equity.
Remedies in equity
A remedy allowed by courts in situations where
remedies at law are not appropriate. Remedies in
equity are based on settled rules of fairness, justice,
and honesty, and include injunction, specific
performance, rescission and restitution, and
reformation.
Rescission
the cancellation of a contractual obligation.
, Specific Performance
ordering a party to perform an agreement as
promised
injunction
an order to a party to cease engaging in a specific
activity or to undo some wrong or injury.
breaches
fails to fulfill
equitable maxims
propositions or general statements of equitable rules
laches
The equitable doctrine that bars a party's right to
legal action if the party has neglected for an
unreasonable length of time to act on his or her
rights.
defendant
Party being sued
Defense
argument raised by the defense
Plaintiff
The suing party
petitioner
In equity practice, a party that initiates a lawsuit.
respondent
Questions And Answers Latest Updates
2025/2026 With Correct Answers 100% With
Complete Solutions
Constitutional law
law that involves the interpretation and application
of the U.S. Constitution and state constitutions
statutory law
Laws enacted by legislative bodies at any level of
government
ordinances
A law passed by a local governing unit such as a city
or county
uniform laws
A model law developed by the National Conference
of Commissioners on Uniform State Laws for the
states to consider enacting into statute.
Administrative Law
consists of the rules, orders, and decisions of
administrative agencies
administrative agency
,a federal, state, or local government agency
established to perform a specific function.
executive agencies
An administrative agency within the executive
branch of government. At the federal level,
executive agencies are those within the cabinet
departments.
independent regulatory agencies
An administrative agency that is not considered part
of the government's executive branch and is not
subject to the authority of the president. Independent
agency officials cannot be removed without cause.
Case law
the doctrines and principles announced in cases
What does case law govern?
all areas not covered by statutory law or
administrative law and is part of our common law
tradition
common law
The body of law developed from custom or judicial
decisions in English and U.S. courts, not attributable
to a legislature.
Remedies
the legal means to enforce a right or redress a wrong
,How would the King's courts award
compensation?
Land, items of value, or money
What did the courts that awarded money, land,
or items of value known as?
Courts of law
What were compensation of land, items of value,
and money known as?
Remedies of law
damages
Amounts given to a party whose legal interests have
been injured
courts of equity
A court that decides controversies and administers
justice according to the rules, principles, and
precedents of equity.
Remedies in equity
A remedy allowed by courts in situations where
remedies at law are not appropriate. Remedies in
equity are based on settled rules of fairness, justice,
and honesty, and include injunction, specific
performance, rescission and restitution, and
reformation.
Rescission
the cancellation of a contractual obligation.
, Specific Performance
ordering a party to perform an agreement as
promised
injunction
an order to a party to cease engaging in a specific
activity or to undo some wrong or injury.
breaches
fails to fulfill
equitable maxims
propositions or general statements of equitable rules
laches
The equitable doctrine that bars a party's right to
legal action if the party has neglected for an
unreasonable length of time to act on his or her
rights.
defendant
Party being sued
Defense
argument raised by the defense
Plaintiff
The suing party
petitioner
In equity practice, a party that initiates a lawsuit.
respondent
