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Test Bank for Business Law: Text and Cases, 15th Ed. by Clarkson & Miller ||ISBN:9780357129630

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Test Bank for Business Law: Text and Cases, 15th Ed. by Clarkson & Miller ||ISBN:9780357129630

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Test Bank for Business Law:
Text and Cases, 15th Ed. by
Clarkson & Miller | Complete
Q&A
M
ED
ST
U
D
Y

, Chapter 1

Introduction to Law and
Legal Reasoning

N.B.: TYPE indicates that a question is new, modified, or unchanged, as
follows.
M

N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
ED
= A question included in the previous edition of the Test Bank.


TRUE/FALSE QUESTIONS

A1. Thestabilityandpredictabilityofthelawisessentialtobusinessactivities.
ST

ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Critical Thinking

A2. Law is a body of enforceable rules governing relationships
U
among individuals andbetween individualsandtheir society.

ANSWER: T PAGE: 2 TYPE: =
D
NAT: AACSB Analytic AICPA Legal

A3. A breachofacontract is afailure to performit.
Y

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

, Y
D
U
ST
ED
M

, 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
M

A8. A state law that conflicts with the U.S. Constitution will
be deemedunconstitutional.
ED

ANSWER: T PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal

A9. Statutory law does not include countyordinances.
j
ST
ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Reflective AICPA Legal

A10. NostatehasadoptedtheUniformCommercialCodeinitsentirety.
U
ANSWER: F PAGE: 5 TYPE: =
NAT: AACSB Reflective AICPA Legal
D

A11. Commonlawisatermforlawthatiscommonthroughouttheworld.
j j j
Y
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.
Connected book
image
Kenneth W. Clarkson, Roger LeRoy Miller Business Law: Text and Cases
Publisher: 2020 ISBN: 9780357129630 Edition: Unknown

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