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BUSINESS LAW: FINAL EXAM STUDY
GUIDE WITH OFFICIAL SOLUTIONS |
GUARANTEED PASS
Constitution - Correct Answer-The document that sets forth
the framework of a government and its relationship to the
people it governs.
Common law - Correct Answer-based upon the current
standards or customs of the people.
Positive law - Correct Answer-Law that is dictated from
above by a sovereign or other central authority
Business ethics - Correct Answer-Ethical principles used in
making business decisions
Guidelines - Correct Answer-Laws made by administrative
agencies
Stare decisis - Correct Answer-Doctrine that requires lower
courts to adhere to existing case law in making decisions
Ordinances - Correct Answer-Legislative actions taken by city
or town councils
Statutes - Correct Answer-Laws enacted by state or federal
legislative bodies
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Case law - Correct Answer-The type of law made when an
appellate court endorses a rule to be used in deciding court
cases
Ethics - Correct Answer-A collection of standards of conduct
and moral judgment forming the basis for a reasoned,
impartial decision as to what is right and what is wrong
Thomas Jefferson - Correct Answer-author of the Declaration
of Independence
the preamble to the U.S. Constitution (quote it) - Correct
Answer-We, the people, in order to form a more perfect
union, establish justice, insure domestic tranquility, provide
for the common defense, promote the general welfare, and
secure the blessings of liberty to ourselves and our
prosperity.....
Bill of Rights - Correct Answer-The first 10 amendments to
the constitution
5th amendment - Correct Answer-the right to life, liberty and
property
Executive, Judicial, and Legislative - Correct Answer-The
three branches of the government
Procedural law - Correct Answer-Filing proper motions and
completing everything required legally in the proper order
criminal law - Correct Answer-an offence against society
BUSINESS LAW: FINAL EXAM STUDY
GUIDE WITH OFFICIAL SOLUTIONS |
GUARANTEED PASS
Constitution - Correct Answer-The document that sets forth
the framework of a government and its relationship to the
people it governs.
Common law - Correct Answer-based upon the current
standards or customs of the people.
Positive law - Correct Answer-Law that is dictated from
above by a sovereign or other central authority
Business ethics - Correct Answer-Ethical principles used in
making business decisions
Guidelines - Correct Answer-Laws made by administrative
agencies
Stare decisis - Correct Answer-Doctrine that requires lower
courts to adhere to existing case law in making decisions
Ordinances - Correct Answer-Legislative actions taken by city
or town councils
Statutes - Correct Answer-Laws enacted by state or federal
legislative bodies
, 2
Case law - Correct Answer-The type of law made when an
appellate court endorses a rule to be used in deciding court
cases
Ethics - Correct Answer-A collection of standards of conduct
and moral judgment forming the basis for a reasoned,
impartial decision as to what is right and what is wrong
Thomas Jefferson - Correct Answer-author of the Declaration
of Independence
the preamble to the U.S. Constitution (quote it) - Correct
Answer-We, the people, in order to form a more perfect
union, establish justice, insure domestic tranquility, provide
for the common defense, promote the general welfare, and
secure the blessings of liberty to ourselves and our
prosperity.....
Bill of Rights - Correct Answer-The first 10 amendments to
the constitution
5th amendment - Correct Answer-the right to life, liberty and
property
Executive, Judicial, and Legislative - Correct Answer-The
three branches of the government
Procedural law - Correct Answer-Filing proper motions and
completing everything required legally in the proper order
criminal law - Correct Answer-an offence against society
