Chapter 1 Business Law questions well answered graded A+

Chapter 1 Business Law questions well answered graded A+What is business law? - correct answer business law consists of the enforceable rules of conduct that govern commercial relationships How does business law relate to business education? - correct answer constitutions, legislatures, regulatory bodies, and courts may spell out what market participants may or may not legally do Corporate Management - correct answer International law, white-collar crime, contracts, corporate law, anti-trust law, admin law, agency law, insurance law, and employment law Production and transportation - correct answer tort law, contracts, consumer law, and environmental law Marketing - correct answer tort law, contracts, antitrust law, consumer law, intellectual law Research and Development - correct answer product liability, intellectual property, property law, consumer law Accounting and Finance - correct answer liability of accountants, contracts, negotiable instruments and banking, bankruptcy, white-collar crime Private law - correct answer regulates disputes between private individual or groups Public Law - correct answer controls disputes between private individuals or groups and their government Civil Law - correct answer delineates the right and responsibility implied in relationships between persons and their government. also identifies when someone's rights are violated