Business Law Chapters 1, 3, 4, and 5 Questions
and Correct Answers.
The base of our legal system - ANS Largely based upon the English model. Also the
Iroquois Native Americans played a role in the creation of our government.
How many nations made up the Iroquois group? - ANS 5, the Mohawk, Cayuga,
Oneida, Onondaga, and Seneca. Sachems were chosen by each tribe and they met in
the League of Nations.
Federalism - ANS The Iroquois created this, it’s how to have two levels of government,
each with specified powers (Power divided by state and federal governments).
Precedent - ANS to decide current cases based on previous rulings.
Common Law - ANS Judge-made law.
The Oculist's Case - ANS Decided on by precedent. A medical malpractice case.
What was America's greatest legal achievement? - ANS The United States Constitution
in 1787.
United States Constitution - ANS Is the supreme law of the land. Any law that conflicts
with it is void.
What three basic things does the federal Constitution do? - ANS 1. Establishes the
national government of the United States, with its three branches.
2. Creates a system of checks and balances among the branches.
3. Guarantees many basic rights to the American people.
Legal authority is divided into three branches. - ANS Legislative, executive, and judicial.
Legislative branch - ANS Gives the ability to create new laws. Article 1 gives this this
power to the congress.
Congress - ANS Is comprised of two chambers, Senate and House of Representatives.
Voters in all 50 states elect representatives who go to Washington D.C. to serve in
congress.
The House of Representatives - ANS Has 435 voting members. A states voting power is
based on its population. Large states have lots of representatives and small states have
only one or a few.
The Senate - ANS Has 100 voting members, two from each state. The senate has the
right to declare war.
, Executive branch - ANS The authority to enforce laws. Article 2 establishes the
president as commander in chief of the armed forces and the head of the executive
branch of the federal government. President appoints the supreme court judges. He
proposes bills to congress. Lastly, he conducts the nation’s foreign affairs.
Judicial branch - ANS The right to interpret laws and determine their validity. Article 3
places the supreme court at the head of the judicial branch of the federal government.
The federal court system can hear criminal and civil cases. Bases their decisions off the
constitution.
Checks and balances - ANS Allows one branch of the government to trip up another.
The president can veto congress. Congress can impeach the president. The supreme
court can void laws passed by congress. The president appoints judges to the federal
courts, but these nominees do not serve unless approved by the senate. Congress can
override the supreme court by amending the constitution.
Statute - ANS Any law passed by a legislative body.
Bill - ANS Any idea for a new law is proposed to the congress. House and senate then
vote on the bill and must win with majority vote. If congress passes a bill, then the
president has to approve it. If the president doesn't approve the bill, then the congress
can override it with a 2/3 majority vote.
Stare decisis - ANS Let the decision stands.
Rule of precedent - ANS Precedent is only binding in lower courts. Supreme court
though is under no obligation to follow precedent.
Court orders - ANS Place binding obligations on specific people or companies.
Most government agencies are created by... - ANS Congress
Regulations - ANS Laws created by agencies.
Treaties with foreign nations - ANS Constitutions authorizes the president to do this first,
then must be ratified by the United States Senate by a 2/3 vote.
Criminal Law - ANS Concerns behavior so threatening that society outlaws it altogether.
Most criminal laws are statutes.
Civil law - ANS Regulates the rights and duties between parties.
Jurisprudence - ANS The philosophy of law
Sovereign - ANS The recognized political power whom citizens obey.
and Correct Answers.
The base of our legal system - ANS Largely based upon the English model. Also the
Iroquois Native Americans played a role in the creation of our government.
How many nations made up the Iroquois group? - ANS 5, the Mohawk, Cayuga,
Oneida, Onondaga, and Seneca. Sachems were chosen by each tribe and they met in
the League of Nations.
Federalism - ANS The Iroquois created this, it’s how to have two levels of government,
each with specified powers (Power divided by state and federal governments).
Precedent - ANS to decide current cases based on previous rulings.
Common Law - ANS Judge-made law.
The Oculist's Case - ANS Decided on by precedent. A medical malpractice case.
What was America's greatest legal achievement? - ANS The United States Constitution
in 1787.
United States Constitution - ANS Is the supreme law of the land. Any law that conflicts
with it is void.
What three basic things does the federal Constitution do? - ANS 1. Establishes the
national government of the United States, with its three branches.
2. Creates a system of checks and balances among the branches.
3. Guarantees many basic rights to the American people.
Legal authority is divided into three branches. - ANS Legislative, executive, and judicial.
Legislative branch - ANS Gives the ability to create new laws. Article 1 gives this this
power to the congress.
Congress - ANS Is comprised of two chambers, Senate and House of Representatives.
Voters in all 50 states elect representatives who go to Washington D.C. to serve in
congress.
The House of Representatives - ANS Has 435 voting members. A states voting power is
based on its population. Large states have lots of representatives and small states have
only one or a few.
The Senate - ANS Has 100 voting members, two from each state. The senate has the
right to declare war.
, Executive branch - ANS The authority to enforce laws. Article 2 establishes the
president as commander in chief of the armed forces and the head of the executive
branch of the federal government. President appoints the supreme court judges. He
proposes bills to congress. Lastly, he conducts the nation’s foreign affairs.
Judicial branch - ANS The right to interpret laws and determine their validity. Article 3
places the supreme court at the head of the judicial branch of the federal government.
The federal court system can hear criminal and civil cases. Bases their decisions off the
constitution.
Checks and balances - ANS Allows one branch of the government to trip up another.
The president can veto congress. Congress can impeach the president. The supreme
court can void laws passed by congress. The president appoints judges to the federal
courts, but these nominees do not serve unless approved by the senate. Congress can
override the supreme court by amending the constitution.
Statute - ANS Any law passed by a legislative body.
Bill - ANS Any idea for a new law is proposed to the congress. House and senate then
vote on the bill and must win with majority vote. If congress passes a bill, then the
president has to approve it. If the president doesn't approve the bill, then the congress
can override it with a 2/3 majority vote.
Stare decisis - ANS Let the decision stands.
Rule of precedent - ANS Precedent is only binding in lower courts. Supreme court
though is under no obligation to follow precedent.
Court orders - ANS Place binding obligations on specific people or companies.
Most government agencies are created by... - ANS Congress
Regulations - ANS Laws created by agencies.
Treaties with foreign nations - ANS Constitutions authorizes the president to do this first,
then must be ratified by the United States Senate by a 2/3 vote.
Criminal Law - ANS Concerns behavior so threatening that society outlaws it altogether.
Most criminal laws are statutes.
Civil law - ANS Regulates the rights and duties between parties.
Jurisprudence - ANS The philosophy of law
Sovereign - ANS The recognized political power whom citizens obey.
