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Business Law: Text and Cases – Clarkson (16th Edition), Cengage Learning – Test Bank with Answer Key All Chapters 1-25

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Business Law: Text and Cases – Clarkson (16th Edition), Cengage Learning – Test Bank with Answer Key All Chapters 1-25

Institution
Business Law7
Course
Business Law7

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TEST BANK
FOR BUSINESS LAW: TEXT AND CASES 16TH EDITION
BY KENNETH CLARKSON, ROGER MILLER ALL
CHAPTERS FULLY COVERED PLUS APPENDICES|
VERIFIED QUESTIONS & 100% ACCURATE ANSWERS
FOR EXAM PREPARATIONS| A+ PASS ASSURED




Page | 1

, Chapter 1

Introduction to law and legal reasoning

N.b.: type indicates that a question is new, modified, or unchanged, as follows.

N a question new to this edition of the test bank.

+ a question modified from the previous edition of the test bank.

= a question included in the previous edition of the test bank.



True/false questions
A1. The stability and predictability of the law is essential to business activities.ans: t
page: 2 type: =
Nat: aacsb analytic aicpa critical thinking



A2. Law is a body of enforceable rules governing relationships among individuals and between
individuals and their society.
Ans: t page: 2 type: =

Nat: aacsb analytic aicpa legal



A3. A breach of a contract is a failure to perform it.ans: t page: 3 type: n
Nat: aacsb ethics aicpa critical thinking a



4. Constitutional law includes only the u.s. Constitution.
Ans: f



A5. A state constitution is supreme within the state‘s borders.
Ans: t page: 4 type: =

Nat: aacsb analytic aicpa legal a




Page | 2

, 6. Whether a law is constitutional depends on its source.
Ans: f page: 4 type: =

Nat: aacsb analytic aicpa legal



A7. Uniform laws apply in all states, including those in which the laws have not been
adopted.ans: f page: 4 type: =
Nat: aacsb analytic aicpa legal



A8. A state law that conflicts with the u.s. Constitution will
be deemed unconstitutional.
Ans: t page: 4 type: =

Nat: aacsb analytic aicpa legal a



9. Statutory law does not include county ordinances.
Ans: f page: 4 type: =

Nat: aacsb reflective aicpa legal



A10. No state has adopted the uniform commercial code in its entirety.



Ans: f page: 5 type: =

Nat: aacsb reflective aicpa legal



A11. Common law is a term for law that is common throughout the world.ans: f

A12. Damages is a remedy at law.
Ans: t page: 7 type: =




Page | 3

, Nat: aacsb analytic aicpa legal



A13. Remedies in equity include injunctions and decrees of specific performance.ans:
t page: 7 type: =
Nat: aacsb analytic aicpa legal



A14. In most states, the courts no longer grant ―equitable‖ remedies.
Ans: f page: 8 type: =

Nat: aacsb analytic aicpa legal



A15. A defendant is a person against whom a lawsuit is brought.ans: t page: 8
type: =
Nat: aacsb analytic aicpa legal



A16. Courts do not depart from precedents.ans: f page: 9 type: =
Nat: aacsb reflective aicpa critical thinking



A17. A judge‘s function is to make the law.
Ans: f page: 13 type: n

Nat: aacsb analytic aicpa legal



A18. Criminal law focuses on duties that exist between persons.ans: f
A19. A reference to ―28 u.s.c. Section 1332‖ means that a statute can be found in section 1332 of title 28
Of the united states code.
Ans: t page: 15 type: =

Nat: aacsb analytic aicpa research



A20. Most state trial court decisions are not published.ans: t page: 16 type:
=
Nat: aacsb analytic aicpa research



Multiple choice questions

Page | 4

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Institution
Business Law7
Course
Business Law7

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