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BUSFIN 3500 Exam 1 (Ch 1 & 3) Actual Questions and Answers 2026.docx

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BUSFIN 3500 Exam 1 (Ch 1 & 3) Actual Questions and Answers

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October 22, 2025
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Written in
2025/2026
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BUSFIN 3500 Exam 1 (Ch 1 & 3) Actual
Questions and Answers 2026
If a police officer wanted to search your car after stopping you for
having a headlight that was out, which amendment would the
officer probably be violating




Second amendment
Fourth amendment
Eighth amendment
Tenth amendment -
correct answer ✅Fourth amendment


any gov't entity can have issues with search and seizure


The state of Ohio wants to regulate television airways, something
that the federal government regulated. What doctrine might
prevent Ohio from doing




The interstate commerce clause
Preemption under the supremacy clause

,BUSFIN 3500 Exam 1 (Ch 1 & 3) Actual
Questions and Answers 2026
The due process clause -
correct answer ✅Preemption under the supremacy clause


State can't get involved in federal territory


City of Columbus wants to place a number of restrictions on people
using hotels and motels in Columbus. These restrictions may be
problem under what part of the constitution?


Interstate commerce clause
Fifth amendment
Due process ad equal protection
Eighth amendment -
correct answer ✅Interstate commerce clause


If a state or city makes law that affects interstate commerce, what
question is important? -
correct answer ✅Does burden on commerce outweigh
benefits to state/city?

, BUSFIN 3500 Exam 1 (Ch 1 & 3) Actual
Questions and Answers 2026
Statutes at the local level are called? -
correct answer ✅ordinances


Examples of sources of law? -
correct answer ✅constitution
statutes
courts
administrative
treaties
executive orders


Describe administrative law -
correct answer ✅Make rules, hold hearings, give informal
advice, rulings can be appeal to courts




you can call IRS and ask advice...but not a judge


Who makes case law or common law? -
correct answer ✅judges

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