BUSI 301 TEST 1 (LIBERTY UNIVERSITY) With complete
solu on Newest RATED A+ 2025/2026 100% VERIFIED
CORRECT
Law - Correct Answers A body of rules of ac on or conduct prescribed by controlling
authority and having legal binding force.
Jurisprudence - Correct Answers The science and philosophy of law that defines various
approaches to the appropriate func on of law and how legal doctrines should be developed
and applied.
The primary sources of law are: - Correct Answers 1. To provide a system of order that
defines conduct and consequence.
2. To promote equality and jus ce in society.
3. To provide a method for dissolving disputes.
4. To promote good faith dealing among merchants.
5. To apply a degree of reliability in applying the law evenly.
Black's Law Dic onary - Correct Answers The leading legal dic onary.
Counsel - Correct Answers Another term for a,orney.
in house counsel - Correct Answers a,orney on the execu ve team. Larger companies
usually have in house counsels.
Cons tu onal law - Correct Answers The body of law interpre ng state and federal
cons tu ons.
, Statutory law - Correct Answers The body of law created by the legislature and approved by
the execu ve branch of state and federal government.
Common law - Correct Answers Law that has not been passed by the legislature but rather is
made by the courts; based on the fundamentals of previous cases with similar facts.
Administra ve law - Correct Answers Refers to both the law made by administra ve agencies
and the laws and regula ons that govern the crea on, organiza on, and opera on of
administra ve agencies.
Primary Law - Correct Answers Cons tu onal, common, administra ve, and statutory law at
both local, state, and federal levels.
Enumerated Powers - Correct Answers Those powers that are explicitly granted to the three
branches of government in the Cons tu on.
ar cle 1 sec on 8, 17 powers granted to federal government,
Those powers that are explicitly granted to the three branches of government in the
Cons tu on.
Cons tu onal law is different from other law sources - Correct Answers because of its
peremance and preemp on
Statutes - Correct Answers wri,en laws passed by a federal or state legislature then either
approved or rejected by the execu ve branch.
Ordinances - Correct Answers Local statutes passed by local legislatures.
solu on Newest RATED A+ 2025/2026 100% VERIFIED
CORRECT
Law - Correct Answers A body of rules of ac on or conduct prescribed by controlling
authority and having legal binding force.
Jurisprudence - Correct Answers The science and philosophy of law that defines various
approaches to the appropriate func on of law and how legal doctrines should be developed
and applied.
The primary sources of law are: - Correct Answers 1. To provide a system of order that
defines conduct and consequence.
2. To promote equality and jus ce in society.
3. To provide a method for dissolving disputes.
4. To promote good faith dealing among merchants.
5. To apply a degree of reliability in applying the law evenly.
Black's Law Dic onary - Correct Answers The leading legal dic onary.
Counsel - Correct Answers Another term for a,orney.
in house counsel - Correct Answers a,orney on the execu ve team. Larger companies
usually have in house counsels.
Cons tu onal law - Correct Answers The body of law interpre ng state and federal
cons tu ons.
, Statutory law - Correct Answers The body of law created by the legislature and approved by
the execu ve branch of state and federal government.
Common law - Correct Answers Law that has not been passed by the legislature but rather is
made by the courts; based on the fundamentals of previous cases with similar facts.
Administra ve law - Correct Answers Refers to both the law made by administra ve agencies
and the laws and regula ons that govern the crea on, organiza on, and opera on of
administra ve agencies.
Primary Law - Correct Answers Cons tu onal, common, administra ve, and statutory law at
both local, state, and federal levels.
Enumerated Powers - Correct Answers Those powers that are explicitly granted to the three
branches of government in the Cons tu on.
ar cle 1 sec on 8, 17 powers granted to federal government,
Those powers that are explicitly granted to the three branches of government in the
Cons tu on.
Cons tu onal law is different from other law sources - Correct Answers because of its
peremance and preemp on
Statutes - Correct Answers wri,en laws passed by a federal or state legislature then either
approved or rejected by the execu ve branch.
Ordinances - Correct Answers Local statutes passed by local legislatures.
