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Achieve Academic Excellence with the [The Legal Environment of Business and Online Commerce,Cheeseman,7e] 2023 Test Bank

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Uploaded on
August 10, 2023
Number of pages
1064
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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The Legal Environment of Business and Online Commerce, 7e (Cheeseman)

Chapter 1 Legal Heritage and the Digital Age



1) Businesses that are organized in the United States are subject to its laws, but not to the
laws of other countries in which they do business.

Answer: FALSE

Diff: 1

Topic: Introduction to Legal Heritage and the Digital Age

Skill: Legal Concepts



2) The Law and Economics School of jurisprudential thought holds that rights are not
worth protecting if it is too costly from an economic viewpoint.

Answer: TRUE

Diff: 1

Topic: Schools of Jurisprudential Thought

Skill: Legal Concepts



3) The Critical Legal Studies School proposes that legal rules are unnecessary and are
used as an obstacle by the powerful to maintain the status quo.

Answer: TRUE

Diff: 1

Topic: Schools of Jurisprudential Thought

Skill: Legal Concepts



4) The Critical Legal Studies School of jurisprudential thought seeks to restrict the
subjective decision-making powers of judges.

Answer: FALSE

,Diff: 1

Topic: Schools of Jurisprudential Thought

Skill: Legal Concepts



5) The Analytical School of jurisprudence lays emphasis on how the result of a case is
reached rather than the logic of the result itself.

Answer: FALSE

Diff: 1

Topic: Schools of Jurisprudential Thought

Skill: Legal Concepts



6) Natural Law School of jurisprudence emphasizes shaping laws based on morals and
ethics.

Answer: TRUE

Diff: 1

Topic: Schools of Jurisprudential Thought

Skill: Legal Concepts

,7) Legal precedence is a key feature of the Historical School of jurisprudence.

Answer: TRUE

Diff: 1

Topic: Schools of Jurisprudential Thought

Skill: Legal Concepts

8) Equitable orders and remedies of the Court of Chancery took precedence over the legal
decisions and remedies of the law courts.

Answer: TRUE

Diff: 1

Topic: History of American Law

Skill: Legal Concepts



9) The merchant courts were established because of the unfair results and limited
remedies available in the chancery courts.

Answer: FALSE

Diff: 1

Topic: History of American Law

Skill: Legal Concepts



10) The adoption of the English common law led to precedence being an important
feature of the American legal system.

Answer: TRUE

Diff: 1

Topic: History of American Law

Skill: Legal Concepts

, 11) The law courts of the English common law could only provide monetary awards for
damages.

Answer: TRUE

Diff: 2

Topic: History of American Law

Skill: Legal Concepts



12) Powers not given to the federal government by the U.S. Constitution are reserved to
the states.

Answer: TRUE

Diff: 1

Topic: Sources of Law in the United States

Skill: Legal Concepts



13) Provisions of federal law are valid as long as they do not conflict with any state law.

Answer: FALSE

Diff: 1

Topic: Sources of Law in the United States

Skill: Legal Concepts



14) Within a state, the state constitution precedes the U.S. Constitution.

Answer: FALSE

Diff: 1

Topic: Sources of Law in the United States

Skill: Legal Concepts

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