BUL 5810 FSU WOODYARD QUESTIONS & ANSWERS
A law - Answer -a rule of civil conduct prescribed by the supreme power in a state.
Which of the following is a function of the Law in the US: - Answer -Maintain stability
while simultaneously permitting change
Which of the following is a remedy that can only be obtained from a court acting in its
powers of equity: - Answer -An Injunction
Which one of the following is true of a suit brought under civil law? - Answer -The
purpose is to compensate the injured party
Sources of State Law include all but which of the following: - Answer -Hearings before
Congress
Like the President of the United States, the governor of most states has the authority to
issue laws, which are called: - Answer -Executive Orders
An example of criminal law is: - Answer -Murder Conviction
The remedies available to a judge of an equity court include all of the following except: -
Answer -Stare Decisis
Type of law that is an agreement between or among independent nations is: - Answer -
Treaties
In general terms, the person who is sued in a civil lawsuit is the: - Answer -Defendant
Four Sources of Law In the US Legal system are: - Answer -Constitutional law, judicial
law, legislative law, and administrative law.
The party who appeals a case to a higher court is the: - Answer -Appellant
A decision of one of the US District courts would be recorded in: - Answer -the Federal
Supplement
When applying substantiative law the court considers what sort of legal rights: - Answer
-The rules that regulate legal rights, such as contract law under a binding contract.
When applying substantiative law the court considers what sort of legal rights? -
Answer -The rules that regulate legal rights, such as contract law under a binding
contract
Chapter 2 - Answer -Chapter 2
, If an African culture and an Eastern Asian culture differ as to the morality of a particular
action, under ethical relativism: - Answer -Both actions would be viewed as ethical
Which of the following best describes the social egalitarian ethics theory? - Answer -
Social egalitarians believe that society should provide each person with equal amounts
of good and services regardless of the contribution each makes to increase society's
wealth
The chief criticism of utilitarianism is that it: - Answer -In some instances ignores justice
Which of the following is NOT a stage in Kohlberg's Theory of Moral Development? -
Answer -Intuitionism
An ethical decision-making approach that asserts that actions must be judged by what
individuals feel is right or wrong for themselves, is: - Answer -Ethical Relativism
How are fiduciary responsibilities defined? - Answer -Utmost loyalty and good faith
If the Supreme Court of the US is examining state legislation under provisions of the US
Constitution, the Constitution would be paramount under what principle? - Answer -The
status of the US Constitution being the supreme law of the land
After reviewing the chapter, how would you compare the business law topics governed
by the common law versus those that are governed largely by statue: - Answer -While
some business law topics are governed by common law, most areas of commercial law
have become largely statutory
Kant's categorical imperative proposes that: - Answer -moral actions must potentially
be a universal law that could be applied consistently and must respect the autonomy of
all human beings and not treat them as an expedient.
What do Libertarians stress as the basis for distributing society's rewards? - Answer -
Market Outcomes
A(n) __________ would support lying in a particular situation if doing so would produce
more overall pleasure than pain.- Act - Answer -Utilitarian
How does a person, in Kohlberg's preconventional level of moral development, make
ethical decisions? - Answer -He reacts to the fear of punishment
As __________ and others have argued, businesses are artificial entities established to
permit people to engage in profit-making, not social activities: - Answer -Milton
Friedman
Under a stakeholder model: - Answer -A corporation has fiduciary responsibilities to all
of its stakeholders
A law - Answer -a rule of civil conduct prescribed by the supreme power in a state.
Which of the following is a function of the Law in the US: - Answer -Maintain stability
while simultaneously permitting change
Which of the following is a remedy that can only be obtained from a court acting in its
powers of equity: - Answer -An Injunction
Which one of the following is true of a suit brought under civil law? - Answer -The
purpose is to compensate the injured party
Sources of State Law include all but which of the following: - Answer -Hearings before
Congress
Like the President of the United States, the governor of most states has the authority to
issue laws, which are called: - Answer -Executive Orders
An example of criminal law is: - Answer -Murder Conviction
The remedies available to a judge of an equity court include all of the following except: -
Answer -Stare Decisis
Type of law that is an agreement between or among independent nations is: - Answer -
Treaties
In general terms, the person who is sued in a civil lawsuit is the: - Answer -Defendant
Four Sources of Law In the US Legal system are: - Answer -Constitutional law, judicial
law, legislative law, and administrative law.
The party who appeals a case to a higher court is the: - Answer -Appellant
A decision of one of the US District courts would be recorded in: - Answer -the Federal
Supplement
When applying substantiative law the court considers what sort of legal rights: - Answer
-The rules that regulate legal rights, such as contract law under a binding contract.
When applying substantiative law the court considers what sort of legal rights? -
Answer -The rules that regulate legal rights, such as contract law under a binding
contract
Chapter 2 - Answer -Chapter 2
, If an African culture and an Eastern Asian culture differ as to the morality of a particular
action, under ethical relativism: - Answer -Both actions would be viewed as ethical
Which of the following best describes the social egalitarian ethics theory? - Answer -
Social egalitarians believe that society should provide each person with equal amounts
of good and services regardless of the contribution each makes to increase society's
wealth
The chief criticism of utilitarianism is that it: - Answer -In some instances ignores justice
Which of the following is NOT a stage in Kohlberg's Theory of Moral Development? -
Answer -Intuitionism
An ethical decision-making approach that asserts that actions must be judged by what
individuals feel is right or wrong for themselves, is: - Answer -Ethical Relativism
How are fiduciary responsibilities defined? - Answer -Utmost loyalty and good faith
If the Supreme Court of the US is examining state legislation under provisions of the US
Constitution, the Constitution would be paramount under what principle? - Answer -The
status of the US Constitution being the supreme law of the land
After reviewing the chapter, how would you compare the business law topics governed
by the common law versus those that are governed largely by statue: - Answer -While
some business law topics are governed by common law, most areas of commercial law
have become largely statutory
Kant's categorical imperative proposes that: - Answer -moral actions must potentially
be a universal law that could be applied consistently and must respect the autonomy of
all human beings and not treat them as an expedient.
What do Libertarians stress as the basis for distributing society's rewards? - Answer -
Market Outcomes
A(n) __________ would support lying in a particular situation if doing so would produce
more overall pleasure than pain.- Act - Answer -Utilitarian
How does a person, in Kohlberg's preconventional level of moral development, make
ethical decisions? - Answer -He reacts to the fear of punishment
As __________ and others have argued, businesses are artificial entities established to
permit people to engage in profit-making, not social activities: - Answer -Milton
Friedman
Under a stakeholder model: - Answer -A corporation has fiduciary responsibilities to all
of its stakeholders
