ACTUAL QUESTIONS & VERIFIED ANSWERS
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, WGU BUSINESS LAW FOR ACCOUNTANTS - D216
1. categorical imperative
Answer [verified] >> A concept developed by the philosopher Immanuel Kant as an ethical guideline for
behavior. In deciding whether an action is right or wrong, or desirable or undesirable, a person should evaluate the
action in terms of what would happen if everybody else in the same situation, or category, acted the same way.
2. checks and balances
Answer [verified] >> The system by which each of the three branches of the U.S. national government
(executive, legislative, and judicial) exercises checks on the powers of the other branches.
3. Civil law
Answer [verified] >> The branch of law dealing with the definition and enforcement of all private or public
rights, as opposed to criminal matters.
4. commerce clause
Answer [verified] >> The provision in Article I, Section 8, of the U.S. Constitution that gives Congress the
power to regulate interstate commerce.
5. common law
Answer [verified] >> a body of general rules that applied throughout the entire English realm
6. compelling government interest
Answer [verified] >> A test of constitutionality that requires the government to have compelling reasons
for passing any law that restricts fundamental rights, such as free speech, or distinguishes between
people based on a suspect trait.
7. concurring opinion
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, Answer [verified] >> A court opinion by one or more judges or justices who agree with the majority but want
to make or emphasize a point that was not made or emphasized in the majority's opinion.
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, 8. Constitutional law
Answer [verified] >> Law that is based on the U.S. Constitution and the constitutions of the various states.
9. Corporate social responsibility (CSR)
Answer [verified] >> The concept that corporations can and should act ethically and be accountable to
society for their actions.
10. cost-benefit analysis
Answer [verified] >> A decision-making technique that involves weighing the costs of a given action
against the benefits of the action.
11. courts of equity
Answer [verified] >> A court that decides controversies and administers justice according to the rules, princi-
ples, and precedents of equity.
12. courts of law
Answer [verified] >> A court in which the only remedies that can be granted are things of value, such as
money damages. In the early English king's courts, courts of law were distinct from courts of equity.
13. Criminal law
Answer [verified] >> The branch of law that defines and punishes wrongful actions committed against the
public.
14. Cyberlaw
Answer [verified] >> An informal term used to refer to all laws governing electronic communications and
transactions, particularly those conducted via the Internet.
15. Damages
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