Test Bank for Business Its Legal Ethical and Global.pdf

Test Bank for Business: Its Legal Ethical and Global
Environment 12th Edition Jennings

,True / False

1. Violations of civil laws can result in imprisonment.
a. True
b. False
ANSWER: False

2. If conduct is a criminal violation, it cannot also be a civil violation.
a. True
b. False
ANSWER: False

3. There are no criminal laws at the federal level.
a. True
b. False
ANSWER: False

4. Terms of a consulting contract are an example of private law.
a. True
b. False
ANSWER: True

5. Substantive laws provide the means and mechanisms for the enforcement of laws.
a. True
b. False
ANSWER: False

6. Stare decisis is Latin for "let the decision stand."
a. True
b. False
ANSWER: True

7. The common law in each state is the same.
a. True
b. False
ANSWER: False

8. Jurisprudence is legal philosophy.
a. True
b. False
ANSWER: True

9. Zoning laws are substantive only.
a. True
b. False
ANSWER: False

10. The scholars of jurisprudence generally agree on the theory of law.

, a. True
b. False
ANSWER: False

11. Statutory law exists at all levels of government.
a. True
b. False
ANSWER: True

12. The United States Code includes laws on anticompetitive activities as well as laws regulating the sale of securities.
a. True
b. False
ANSWER: True

13. Ordinances are generally found in state legislative codes.
a. True
b. False
ANSWER: False

14. The Code of Federal Regulations includes the enactments of federal administrative agencies.
a. True
b. False
ANSWER: True

15. States do not have administrative laws.
a. True
b. False
ANSWER: False

16. City ordinances generally cover the legal aspects of incorporation and securities registration.
a. True
b. False
ANSWER: False

17. Citations are a form of legal shorthand for referring to statutes, ordinances, and cases.
a. True
b. False
ANSWER: True

18. Constitutions exist at both state and federal levels.
a. True
b. False
ANSWER: True

19. The Internal Revenue Code is part of federal statutory law.
a. True
b. False
ANSWER: True