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MGT 200 EXAM 1 STUDY GUIDE ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS

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MGT 200 EXAM 1 STUDY GUIDE ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS

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MGT 200 EXAM 1 STUDY GUIDE ACTUAL UPDATED QUESTIONS AND CORRECT
ANSWERS

The primary purposes of the law include all but which b. To allow those with better counsel to have a business advantage.
one of the following?


a. To promote equality and justice in society.
b. To allow those with better counsel to have a business
advantage.
c. To provide a method for resolving disputes.
d. To provide a system of order that defines conduct and
consequences.
e. To promote good faith dealing among merchants.


All of these are primary purposes of the law except____ _. b. To allow those with better counsel to have a business advantage.


a. To provide a system of order that defines conduct and
consequences.
b. To allow those with better counsel to have a business
advantage.
c. To provide a method for resolving disputes.
d. To promote equality and justice in society.
e. To promote good faith dealing among merchants.


Which of the following is not a primary source of law? a. Restatements of law


a. Restatements of law
b. Administrative law
c. Constitutional law
d. Common law
e. Statutory law

,In determining how a statute applies, a state court judge d. III only
looks at the legislative records of conferences and
debates. What source is the court using to interpret the
statute?
I. Ordinances
II. Statutory scheme
III. Legislative history
IV. Citations


a. II, III, and IV
b. I only
c. II and III
d. III only
e. II only


The city council passed a zoning law prohibiting any e. local ordinance.
manufacturing facility to be located within one mile of a
public park. The law is a


a. constitutional amendment.
b. federal statute.
c. state statute.
d. federal administrative regulation.
e. local ordinance.


The U.S.-based system of common law has deep-seated e. British common law.
roots from


a. ancient civil codes.
b. French civil law.
c. European statutes.
d. Roman emperors.
e. British common law.


A state legislature passes a law that requires all contracts b. state statute.
for the sale of goods over $500 be in writing. The law is a:


a. constitutional amendment.
b. state statute.
c. federal administrative regulation.
d. local ordinance.
e. federal statute.

,Federal officials arrive at Joshua's home and inform him e. Constitutional law
he is the subject of a tax-fraud investigation. If the
government demands to search his home, what source of
law provides procedural protections for Joshua from an
unlawful search by the authorities without a warrant?


a. Statutory law
b. Restatements of law
c. Common law
d. Administrative law
e. Constitutional law


Which source(s) do courts look to when interpreting a. II and III
statutes?
I. Ordinances
II. Statutory scheme
III. Legislative history
IV. Citations


a. II and III
b. Il, lll, and IV
c. ll only
d. I, II, and III
e. I only


Law that is essentially created by courts and relies heavily b. common law.
on precedent is:


a. administrative law.
b. common law.
c. constitutional law.
d. restatements of law.
e. statutory law.


The U.S. Congress passes a law imposing criminal b. federal statute.
penalties on executives at corporations who engage in
banking fraud. The law is a:


a. state statute.
b. federal statute.
c. constitutional amendment.
d. federal administrative regulation.
e. local ordinance.

, In determining how a statute applies, a state court judge e. II only
looks at the structure of the statute and the format of the
law's mandates. What is the court using to interpret the
statute?
I. Ordinances
II. Statutory scheme
III. Legislative history
IV. Citations


a. I only
b. I, II, and III
c. II and III
d. II, III, and IV
e. II only



Civil-law jurisdictions, such as Japan, require courts to c. adhere to a strict interpretation of a legislatively established code.


a. closely follow decisions of common-law courts.
b. issue administrative regulations.
c. adhere to a strict interpretation of a legislatively
established code.
d. apply equity over legal principles.
e. fill in the gaps of the law when necessary.


Common law: e. IV only.
I. establishes a structure of government.
II. grants specific powers for the different branches of
government.
III. requires approval of the legislature.
IV. is composed of established principles of law based on
a just resolution of disputes.


a. I, II, and III
b. II only.
c. I and III
d. I only.
e. IV only.

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