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BUS-L 201: THE LEGAL ENVIRONMENT OF BUSINESS -QUESTIONS WITH ACCURATE ANSWERS

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__% of cases do not make it to trial? (Litigation) correct answer 95% (Contract) Voluntary Arbitration (Numerous Items) (Alternative Dispute Resolution) correct answer -Very hard to get verdict overturned - Common for any bank account, social media, online shopping dispute - Its common for contracts to force you into this type of arbitration rather than litigation (Statute)Mandatory Arbitration (Numerous Items) (Alternative Dispute Resolution) correct answer - Some states/laws say you must go to arbitration before you have right in court - mandatory right to new trial 10th Amendment - Federalism

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BUS-L 201: THE LEGAL ENVIRONMENT OF BUSINESS -
QUESTIONS WITH ACCURATE ANSWERS
__% of cases do not make it to trial?


(Litigation) correct answer 95%


(Contract) Voluntary Arbitration (Numerous Items)


(Alternative Dispute Resolution) correct answer -Very hard to get verdict
overturned


- Common for any bank account, social media, online shopping dispute


- Its common for contracts to force you into this type of arbitration rather than
litigation


(Statute)Mandatory Arbitration (Numerous Items)


(Alternative Dispute Resolution) correct answer - Some states/laws say you must
go to arbitration before you have right in court


- mandatory right to new trial


10th Amendment - Federalism

,(The Constitution) correct answer Anything not explicitly given as a power to the
Fed is reserved for the states.


Advantages of reliance on judicial decisions. (3 Items)


(Introduction to Law) correct answer 1. Stability + Predictability


2. Human Element and Discretion leads to more flexibility/fairness


3. Allows courts to adjust to changing circumstances in society


Appellate Court Appeals Process (5 Steps)


(Litigation) correct answer 1. File notice of appeal to correct appellate court


2. Party must file brief and identify an error the judge made in question of law


3. Other side replies with their own brief


4. Oral argument in front of 3 judges


5. 3 Judges vote, write down their decisions


Appellate Courts (3 Items)

,(The Court System) correct answer 1. 11 U.S. Court of Appeals


2. 3 Judges at U.S. Court of Appeals Level


3. You do NOT have the automatic right to appeal up to the supreme court


Arbitration Process (3 Steps)


(Alternative Dispute Resolution) correct answer 1. Listens to both parties


2. Review Case


3. Issues an official decision


Article IV: Full Faith and Credit Clause


(The Constitution) correct answer States have to respect one-another laws and
judicial decisions.


Article IV: Privileges and Communities Clause


(The Constitution) correct answer States cannot discriminate against the residents
of other states.


Benefits of Standing (2 Items)

, (Litigation) correct answer 1. Less Cases


2. It creates cases where both sides feel they are right, instead of cases where one
party is only "half-trying"


Benefits provided by U.S. legal system (2 items)


(Introduction to Law) correct answer 1. Equally and fairly applied to all citizens


2. Allows you to do business with strangers


Bill of Rights


(The Constitution) correct answer Amendments to the constitution dealing with
personal and individual liberties.


Burdens of Proof: Beyond a Reasonable Doubt (3 Items)


(Litigation) correct answer 1. Hardest to prove


2. Just criminal cases


3. 90-95% sure

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