BUL 4421 MIDTERM FAU GENDLER COMPREHENSIVE EXAM QUESTION
BANK 2026/2027 UPDATE COMPLETE WITH VERIFIED ANSWERS
1. Which of the following areas of business law is specifically
identified as relevant to human resource management?
A. Admiralty Law
B. Employment and labor laws
C. Intellectual Property Law
D. Maritime Law
Correct Answer: B
Rationale: The provided text explicitly lists agency law, contracts,
employment and labor laws, and employment discrimination as the
four relevant areas of business law applicable to human resource
management.
2. A dispute arises between a landlord and a tenant regarding the
terms of their lease agreement. Which type of law governs this
situation?
A. Public law
B. Criminal law
C. Private law
D. Constitutional law
Correct Answer: C
Rationale: Private law regulates disputes between private individuals or
groups, such as the example provided regarding a landlord and tenant.
3. A company is accused of dumping toxic waste in violation of state
environmental laws. The government brings a case against the
,company. This is an example of which type of law?
A. Private law
B. Public law
C. Civil law
D. Common law
Correct Answer: B
Rationale: Public law regulates disputes between private individuals and
government, specifically citing the example of dumping in violation of
environmental laws.
4. Which type of law delineates the rights and responsibilities implied
in relationships between persons, or between persons and their
government?
A. Civil law
B. Criminal law
C. Private law
D. Procedural law
Correct Answer: A
Rationale: Civil law is defined in the text as the type of law that
delineates the rights and responsibilities implied in relationships
between persons, or between persons and their government.
5. An individual is caught conducting insider trading on the stock
exchange. The government acts as the plaintiff in this case. This falls
under which category of law?
A. Private law
B. Civil law
C. Criminal law
D. Agency law
Correct Answer: C
,Rationale: Criminal law regulates incidents where someone commits an
act against the public as a whole, such as insider trading, and the
government is the plaintiff.
6. When arranging laws in order of hierarchy, which of the following
sits at the very top?
A. State Statutes
B. Common Law
C. U.S. Constitutions
D. Federal Statutes
Correct Answer: C
Rationale: The text lists the hierarchy starting with the U.S.
Constitutions at the highest level, followed by Federal Statutes, State
Constitution, State Statutes, and Common Law.
7. In the hierarchy of laws, which source comes immediately after
Federal Statutes?
A. Common Law
B. State Statutes
C. State Constitution
D. U.S. Constitutions
Correct Answer: C
Rationale: The specific order provided is U.S. Constitutions, Federal
Statutes, State Constitution, State Statutes, and Common Law.
8. Which of the following is considered the lowest in the hierarchy of
laws provided in the text?
A. State Statutes
B. Common Law
C. Federal Statutes
, D. State Constitution
Correct Answer: B
Rationale: Common Law is listed last in the hierarchy, below State
Statutes, State Constitution, Federal Statutes, and the U.S.
Constitutions.
9. What is defined as a collection of legal interpretations made by
judges, which are law unless revoked by new statutory law?
A. Precedent
B. Stare Decisis
C. Civil Law
D. Common Law
Correct Answer: D
Rationale: The text defines Common Law (also known as Case Law) as
the collection of legal interpretations made by judges.
10. Past decisions in similar cases that guide later decisions, thereby
providing greater stability and predictability to the law, are known as:
A. Statutes
B. Precedent
C. Ordinances
D. Regulations
Correct Answer: B
Rationale: Precedent is defined as past decisions in similar cases that
guide later decisions to provide stability and predictability.
11. Which principle states that rulings made in higher courts are
binding precedent for lower courts?
A. Stare Decisis
B. Res Judicata
BANK 2026/2027 UPDATE COMPLETE WITH VERIFIED ANSWERS
1. Which of the following areas of business law is specifically
identified as relevant to human resource management?
A. Admiralty Law
B. Employment and labor laws
C. Intellectual Property Law
D. Maritime Law
Correct Answer: B
Rationale: The provided text explicitly lists agency law, contracts,
employment and labor laws, and employment discrimination as the
four relevant areas of business law applicable to human resource
management.
2. A dispute arises between a landlord and a tenant regarding the
terms of their lease agreement. Which type of law governs this
situation?
A. Public law
B. Criminal law
C. Private law
D. Constitutional law
Correct Answer: C
Rationale: Private law regulates disputes between private individuals or
groups, such as the example provided regarding a landlord and tenant.
3. A company is accused of dumping toxic waste in violation of state
environmental laws. The government brings a case against the
,company. This is an example of which type of law?
A. Private law
B. Public law
C. Civil law
D. Common law
Correct Answer: B
Rationale: Public law regulates disputes between private individuals and
government, specifically citing the example of dumping in violation of
environmental laws.
4. Which type of law delineates the rights and responsibilities implied
in relationships between persons, or between persons and their
government?
A. Civil law
B. Criminal law
C. Private law
D. Procedural law
Correct Answer: A
Rationale: Civil law is defined in the text as the type of law that
delineates the rights and responsibilities implied in relationships
between persons, or between persons and their government.
5. An individual is caught conducting insider trading on the stock
exchange. The government acts as the plaintiff in this case. This falls
under which category of law?
A. Private law
B. Civil law
C. Criminal law
D. Agency law
Correct Answer: C
,Rationale: Criminal law regulates incidents where someone commits an
act against the public as a whole, such as insider trading, and the
government is the plaintiff.
6. When arranging laws in order of hierarchy, which of the following
sits at the very top?
A. State Statutes
B. Common Law
C. U.S. Constitutions
D. Federal Statutes
Correct Answer: C
Rationale: The text lists the hierarchy starting with the U.S.
Constitutions at the highest level, followed by Federal Statutes, State
Constitution, State Statutes, and Common Law.
7. In the hierarchy of laws, which source comes immediately after
Federal Statutes?
A. Common Law
B. State Statutes
C. State Constitution
D. U.S. Constitutions
Correct Answer: C
Rationale: The specific order provided is U.S. Constitutions, Federal
Statutes, State Constitution, State Statutes, and Common Law.
8. Which of the following is considered the lowest in the hierarchy of
laws provided in the text?
A. State Statutes
B. Common Law
C. Federal Statutes
, D. State Constitution
Correct Answer: B
Rationale: Common Law is listed last in the hierarchy, below State
Statutes, State Constitution, Federal Statutes, and the U.S.
Constitutions.
9. What is defined as a collection of legal interpretations made by
judges, which are law unless revoked by new statutory law?
A. Precedent
B. Stare Decisis
C. Civil Law
D. Common Law
Correct Answer: D
Rationale: The text defines Common Law (also known as Case Law) as
the collection of legal interpretations made by judges.
10. Past decisions in similar cases that guide later decisions, thereby
providing greater stability and predictability to the law, are known as:
A. Statutes
B. Precedent
C. Ordinances
D. Regulations
Correct Answer: B
Rationale: Precedent is defined as past decisions in similar cases that
guide later decisions to provide stability and predictability.
11. Which principle states that rulings made in higher courts are
binding precedent for lower courts?
A. Stare Decisis
B. Res Judicata
