WGU C713 - BUSINESS LAW PRE-ASSESSMENT | 102 Questions with 100% Correct Answers | Verified | Latest Update | 54 Pages

What is the principal source of stare decisis and precedent? A) Constitutional Law B) Administrative Law C) Statutory Law D) Common Law - Common Law A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve the dispute. How would these regulations help this consumer? A) They prohibit unfair or deceptive acts or practices. B) They offer fraud insurance for small businesses. C) They require merchants to honor the warranties on the products they sell. D) hey oversee products imported from foreign countries. - They prohibit unfair or deceptive acts or practices. From which source do laws governing crime primarily arise?