testbank for smith and roberson business law 18th edition by richard a. mann and barry s. roberts full testban
latest and complete version with verified solutions
FULL TEST BANK FOR
Smith and Roberson Business Law 18th Richard A. Mann, Barry S. Roberts Chapter 1-50
with Part 1-10
Chapter 01: Introduction to Law
True / False
1. Both Supreme Court Justice Oliver Wendell Holmes and William Blackstone, an English jurist, defined law as ―rules of
civil conduct prescribed by the supreme power of a state, commanding what is right and prohibiting what is wrong.‖
a. True
b. False
ANSWER: False
FEEDBACK: Correct English jurist Blackstone defined law as ―a rule of civil conduct prescribed by the
supreme power in a state, commanding what is right, and prohibiting what is
wrong."
Incorrect English jurist Blackstone defined law as ―a rule of civil conduct prescribed by the
supreme power in a state, commanding what is right, and prohibiting what is
wrong."
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
ss NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:44 PM
2. Laws are always based on moral concepts.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Law reflects the social, economic, political, religious, and moral philosophy of
society.
Incorrect Law reflects the social, economic, political, religious, and moral philosophy of
society.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
Copyright Cengage Learning. Powered by Cognero. Page 1
,NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:44 PM
3. Substantive law establishes the rules for enforcing rights that exist in a society.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Substantive law creates, defines, and regulates legal rights and duties.
Incorrect Substantive law creates, defines, and regulates legal rights and duties.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.4.1 - Differentiate between procedural and substantive laws.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:51 PM
4. Under the Federal Constitution, federal statutes and treaties are paramount to State constitutions.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Under the Federal Constitution, Federal statutes and treaties are paramount to
State constitutions.
Incorrect Under the Federal Constitution, Federal statutes and treaties are paramount to
State constitutions.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/20/2021 2:52 PM
5. Usual remedies granted in a criminal case include compensation for the victim.
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, a. True
b. False
ANSWER: False
FEEDBACK: Correct Usual remedies granted in a criminal case include imposition of a fine,
imprisonment, and capital punishment.
Incorrect Usual remedies granted in a criminal case include imposition of a fine,
imprisonment, and capital punishment.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.2 - Describe theories of punishment as they apply to the legal system.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:54 PM
6. The law does not change; it is based on unchanging and universal truths.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The law has evolved slowly, and it will continue to change.
Incorrect The law has evolved slowly, and it will continue to change.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: The Nature of Law
KEYWORDS: Bloom's: Understand
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:56 PM
7. Sanctions are the means by which the law enforces the decisions of the courts.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Sanctions are the means by which the law enforces the decisions of the courts.
Incorrect Sanctions are the means by which the law enforces the decisions of the courts.
POINTS: 1
DIFFICULTY: Easy
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,QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.2. - Describe theories of punishment as they apply to the legal system.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Analyze
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:57 PM
8. A private citizen may bring a criminal action against an individual for breaking a criminal law.
a. True
b. False
ANSWER: False
FEEDBACK: Correct State or Federal government may bring criminal action charges against an
individual for breaking a criminal law.
Incorrect State or Federal government may bring criminal action charges against an
individual for breaking a criminal law.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.6.3.3 - Explain the roles of the parties involved in a criminal prosecution.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:58 PM
9. The doctrine of stare decisis does not allow the common law to change.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Under the principle of stare decisis, courts adhere to and rely on rules of law that
they or superior courts announced and applied in prior decisions involving similar
cases.
Incorrect Under the principle of stare decisis, courts adhere to and rely on rules of law that
they or superior courts announced and applied in prior decisions involving similar
cases.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.14.4.2 - Define stare decisis.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
Copyright Cengage Learning. Powered by Cognero. Page 4
,TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Analyze
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 2:56 PM
10. In nearly every jurisdiction in the United States, courts of common law and courts of equity have combined into a
single court that administers both systems of law.
a. True
b. False
ANSWER: True
FEEDBACK: Correct In nearly every jurisdiction in the United States, courts of common law and courts
of equity have combined into a single court that administers both systems of law.
Incorrect In nearly every jurisdiction in the United States, courts of common law and courts
of equity have combined into a single court that administers both systems of law.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.5 - Explain the creation and development of the common law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 2:58 PM
11. Laws that are enacted by legislatures are called statutes.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Laws that are enacted by legislatures are called statutes.
Incorrect Laws that are enacted by legislatures are called statutes.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.6 - Explain the creation and development of statutory law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/20/2021 2:54 PM
12. The Uniform Commercial Code is a federal law that applies to commercial transactions among the states.
a. True
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, b. False
ANSWER: False
FEEDBACK: Correct The Uniform Commercial Code was created with the intent to simplify, clarify, and
modernize the law governing commercial transactions.
Incorrect The Uniform Commercial Code was created with the intent to simplify, clarify, and
modernize the law governing commercial transactions.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.6 - Explain the creation and development of statutory law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/20/2021 2:55 PM
13. Laws passed by Congress are the supreme law of the land in the United States and take precedence over the U.S.
Constitution.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The supreme law of the land is the U.S. Constitution.
Incorrect The supreme law of the land is the U.S. Constitution.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:03 PM
14. The final arbiter as to the constitutionality of laws passed by Congress or by the legislature of a state is the Supreme
Court of the United States.
a. True
b. False
ANSWER: True
FEEDBACK: Correct The final arbiter as to the constitutionality of laws passed by Congress or by the
legislature of a state is the Supreme Court of the United States.
Incorrect The final arbiter as to the constitutionality of laws passed by Congress or by the
legislature of a state is the Supreme Court of the United States.
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,POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES:BLAW.MANN.23.13.3.3 - Explain the power of the U.S. Supreme Court's judicial review
over state and federal lawmaking.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/21/2021 9:18 AM
15. Decisions in state trial courts generally are reported or published.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Decisions in State trial courts generally are not reported or published.
Incorrect Decisions in State trial courts generally are not reported or published.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.5 - Distinguish between the various types of state and federal courts.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Legal Analysis
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:05 PM
16. The principle of stare decisis precludes courts from changing any decisions they previously announced.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Stare decisis does not preclude courts from correcting erroneous decisions or from
choosing among conflicting precedents.
Incorrect Stare decisis does not preclude courts from correcting erroneous decisions or from
choosing among conflicting precedents.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.14.4.2 - Define stare decisis.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
Copyright Cengage Learning. Powered by Cognero. Page 7
,TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:07 PM
17. Under the principle of stare decisis, the U.S. Supreme Court must follow a rule of law applied by a district court
(federal trial court) in a prior decision involving a similar issue.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Under the principle of stare decisis, the courts must follow a rule of law applied by
a district court (federal trial court) in a prior decision involving a similar issue.
Incorrect Under the principle of stare decisis, the courts must follow a rule of law applied by
a district court (federal trial court) in a prior decision involving a similar issue.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.14.4.2 - Define stare decisis.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:08 PM
18. The primary function of law is to regulate the economy.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The primary function of law is to make an effort to balance, through a workable set
of rules, the individual and group rights of a society.
Incorrect The primary function of law is to make an effort to balance, through a workable set
of rules, the individual and group rights of a society.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:09 PM
19. Business law topics such as contracts, agency, property, and trusts are governed primarily by the common law.
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, a. True
b. False
ANSWER: True
FEEDBACK: Correct Business law topics such as contracts, agency, property, and trusts are governed
primarily by the common law.
Incorrect Business law topics such as contracts, agency, property, and trusts are governed
primarily by the common law.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.5 - Explain the creation and development of the common law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:11 PM
20. The law is pervasive, and it is in part prohibitory and in part mandatory.
a. True
b. False
ANSWER: True
FEEDBACK: Correct The law is pervasive, and it is in part prohibitory and in part mandatory.
Incorrect The law is pervasive, and it is in part prohibitory and in part mandatory.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Understand
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:12 PM
21. If the state of Minnesota negotiates with the Canadian government on issues involving acid rain and eventually
reaches an agreement with Canadian officials, this is a valid treaty under the U.S. Constitution.
a. True
b. False
ANSWER: False
FEEDBACK: Correct This is not a valid treaty under the U.S. Constitution because only the federal
government may enter into treaties.
Incorrect This is not a valid treaty under the U.S. Constitution because only the federal
government may enter into treaties.
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, POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Apply
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:14 PM
22. In the United States, treaties are not subject to judicial review.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Treaties are subordinate to the Federal Constitution and subject to judicial review.
Incorrect Treaties are subordinate to the Federal Constitution and subject to judicial review.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:15 PM
23. The party bringing a civil lawsuit must prove the case by a preponderance of the evidence.
a. True
b. False
ANSWER: True
FEEDBACK: Correct The party bringing a civil lawsuit must prove the case by a preponderance of the
evidence.
Incorrect The party bringing a civil lawsuit must prove the case by a preponderance of the
evidence.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.4.1 - Differentiate between procedural and substantive laws.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
Copyright Cengage Learning. Powered by Cognero. Page 10
latest and complete version with verified solutions
FULL TEST BANK FOR
Smith and Roberson Business Law 18th Richard A. Mann, Barry S. Roberts Chapter 1-50
with Part 1-10
Chapter 01: Introduction to Law
True / False
1. Both Supreme Court Justice Oliver Wendell Holmes and William Blackstone, an English jurist, defined law as ―rules of
civil conduct prescribed by the supreme power of a state, commanding what is right and prohibiting what is wrong.‖
a. True
b. False
ANSWER: False
FEEDBACK: Correct English jurist Blackstone defined law as ―a rule of civil conduct prescribed by the
supreme power in a state, commanding what is right, and prohibiting what is
wrong."
Incorrect English jurist Blackstone defined law as ―a rule of civil conduct prescribed by the
supreme power in a state, commanding what is right, and prohibiting what is
wrong."
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
ss NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:44 PM
2. Laws are always based on moral concepts.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Law reflects the social, economic, political, religious, and moral philosophy of
society.
Incorrect Law reflects the social, economic, political, religious, and moral philosophy of
society.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
Copyright Cengage Learning. Powered by Cognero. Page 1
,NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:44 PM
3. Substantive law establishes the rules for enforcing rights that exist in a society.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Substantive law creates, defines, and regulates legal rights and duties.
Incorrect Substantive law creates, defines, and regulates legal rights and duties.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.4.1 - Differentiate between procedural and substantive laws.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:51 PM
4. Under the Federal Constitution, federal statutes and treaties are paramount to State constitutions.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Under the Federal Constitution, Federal statutes and treaties are paramount to
State constitutions.
Incorrect Under the Federal Constitution, Federal statutes and treaties are paramount to
State constitutions.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/20/2021 2:52 PM
5. Usual remedies granted in a criminal case include compensation for the victim.
Copyright Cengage Learning. Powered by Cognero. Page 2
, a. True
b. False
ANSWER: False
FEEDBACK: Correct Usual remedies granted in a criminal case include imposition of a fine,
imprisonment, and capital punishment.
Incorrect Usual remedies granted in a criminal case include imposition of a fine,
imprisonment, and capital punishment.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.2 - Describe theories of punishment as they apply to the legal system.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:54 PM
6. The law does not change; it is based on unchanging and universal truths.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The law has evolved slowly, and it will continue to change.
Incorrect The law has evolved slowly, and it will continue to change.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: The Nature of Law
KEYWORDS: Bloom's: Understand
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:56 PM
7. Sanctions are the means by which the law enforces the decisions of the courts.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Sanctions are the means by which the law enforces the decisions of the courts.
Incorrect Sanctions are the means by which the law enforces the decisions of the courts.
POINTS: 1
DIFFICULTY: Easy
Copyright Cengage Learning. Powered by Cognero. Page 3
,QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.2. - Describe theories of punishment as they apply to the legal system.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Analyze
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:57 PM
8. A private citizen may bring a criminal action against an individual for breaking a criminal law.
a. True
b. False
ANSWER: False
FEEDBACK: Correct State or Federal government may bring criminal action charges against an
individual for breaking a criminal law.
Incorrect State or Federal government may bring criminal action charges against an
individual for breaking a criminal law.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.6.3.3 - Explain the roles of the parties involved in a criminal prosecution.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 1:58 PM
9. The doctrine of stare decisis does not allow the common law to change.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Under the principle of stare decisis, courts adhere to and rely on rules of law that
they or superior courts announced and applied in prior decisions involving similar
cases.
Incorrect Under the principle of stare decisis, courts adhere to and rely on rules of law that
they or superior courts announced and applied in prior decisions involving similar
cases.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.14.4.2 - Define stare decisis.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
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,TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Analyze
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 2:56 PM
10. In nearly every jurisdiction in the United States, courts of common law and courts of equity have combined into a
single court that administers both systems of law.
a. True
b. False
ANSWER: True
FEEDBACK: Correct In nearly every jurisdiction in the United States, courts of common law and courts
of equity have combined into a single court that administers both systems of law.
Incorrect In nearly every jurisdiction in the United States, courts of common law and courts
of equity have combined into a single court that administers both systems of law.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.5 - Explain the creation and development of the common law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 2:58 PM
11. Laws that are enacted by legislatures are called statutes.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Laws that are enacted by legislatures are called statutes.
Incorrect Laws that are enacted by legislatures are called statutes.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.6 - Explain the creation and development of statutory law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/20/2021 2:54 PM
12. The Uniform Commercial Code is a federal law that applies to commercial transactions among the states.
a. True
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, b. False
ANSWER: False
FEEDBACK: Correct The Uniform Commercial Code was created with the intent to simplify, clarify, and
modernize the law governing commercial transactions.
Incorrect The Uniform Commercial Code was created with the intent to simplify, clarify, and
modernize the law governing commercial transactions.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.6 - Explain the creation and development of statutory law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/20/2021 2:55 PM
13. Laws passed by Congress are the supreme law of the land in the United States and take precedence over the U.S.
Constitution.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The supreme law of the land is the U.S. Constitution.
Incorrect The supreme law of the land is the U.S. Constitution.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:03 PM
14. The final arbiter as to the constitutionality of laws passed by Congress or by the legislature of a state is the Supreme
Court of the United States.
a. True
b. False
ANSWER: True
FEEDBACK: Correct The final arbiter as to the constitutionality of laws passed by Congress or by the
legislature of a state is the Supreme Court of the United States.
Incorrect The final arbiter as to the constitutionality of laws passed by Congress or by the
legislature of a state is the Supreme Court of the United States.
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,POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES:BLAW.MANN.23.13.3.3 - Explain the power of the U.S. Supreme Court's judicial review
over state and federal lawmaking.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/21/2021 9:18 AM
15. Decisions in state trial courts generally are reported or published.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Decisions in State trial courts generally are not reported or published.
Incorrect Decisions in State trial courts generally are not reported or published.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.5 - Distinguish between the various types of state and federal courts.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Legal Analysis
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:05 PM
16. The principle of stare decisis precludes courts from changing any decisions they previously announced.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Stare decisis does not preclude courts from correcting erroneous decisions or from
choosing among conflicting precedents.
Incorrect Stare decisis does not preclude courts from correcting erroneous decisions or from
choosing among conflicting precedents.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.14.4.2 - Define stare decisis.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
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,TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:07 PM
17. Under the principle of stare decisis, the U.S. Supreme Court must follow a rule of law applied by a district court
(federal trial court) in a prior decision involving a similar issue.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Under the principle of stare decisis, the courts must follow a rule of law applied by
a district court (federal trial court) in a prior decision involving a similar issue.
Incorrect Under the principle of stare decisis, the courts must follow a rule of law applied by
a district court (federal trial court) in a prior decision involving a similar issue.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.14.4.2 - Define stare decisis.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:08 PM
18. The primary function of law is to regulate the economy.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The primary function of law is to make an effort to balance, through a workable set
of rules, the individual and group rights of a society.
Incorrect The primary function of law is to make an effort to balance, through a workable set
of rules, the individual and group rights of a society.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:09 PM
19. Business law topics such as contracts, agency, property, and trusts are governed primarily by the common law.
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, a. True
b. False
ANSWER: True
FEEDBACK: Correct Business law topics such as contracts, agency, property, and trusts are governed
primarily by the common law.
Incorrect Business law topics such as contracts, agency, property, and trusts are governed
primarily by the common law.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.2.5 - Explain the creation and development of the common law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:11 PM
20. The law is pervasive, and it is in part prohibitory and in part mandatory.
a. True
b. False
ANSWER: True
FEEDBACK: Correct The law is pervasive, and it is in part prohibitory and in part mandatory.
Incorrect The law is pervasive, and it is in part prohibitory and in part mandatory.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.1.1 - Define business law.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Nature of Law
KEYWORDS: Bloom's: Understand
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:12 PM
21. If the state of Minnesota negotiates with the Canadian government on issues involving acid rain and eventually
reaches an agreement with Canadian officials, this is a valid treaty under the U.S. Constitution.
a. True
b. False
ANSWER: False
FEEDBACK: Correct This is not a valid treaty under the U.S. Constitution because only the federal
government may enter into treaties.
Incorrect This is not a valid treaty under the U.S. Constitution because only the federal
government may enter into treaties.
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, POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Apply
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:14 PM
22. In the United States, treaties are not subject to judicial review.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Treaties are subordinate to the Federal Constitution and subject to judicial review.
Incorrect Treaties are subordinate to the Federal Constitution and subject to judicial review.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.3.3 - Identify when state or federal law applies.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Sources of Law
KEYWORDS: Bloom's: Remember
DATE CREATED: 10/1/2021 11:05 AM
DATE MODIFIED: 10/6/2021 3:15 PM
23. The party bringing a civil lawsuit must prove the case by a preponderance of the evidence.
a. True
b. False
ANSWER: True
FEEDBACK: Correct The party bringing a civil lawsuit must prove the case by a preponderance of the
evidence.
Incorrect The party bringing a civil lawsuit must prove the case by a preponderance of the
evidence.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: BLAW.MANN.23.1.4.1 - Differentiate between procedural and substantive laws.
NATIONAL STANDARDS: United States - AICPA: BB-Risk Analysis
STATE STANDARDS: United States - NC - AICPA BB-Legal
TOPICS: A-Head: Classification of Law
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