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BULW 301 UTK Exam 1 Questions and Answers 100% Solved | Rated A

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BULW 301 UTK Exam 1 Questions and Answers 100% Solved | Rated A+ Law - consists of enforceable rules governing relationships among individuals and between individuals and their society Liability - the state of being responsible for something, especially by law. Ethics - the principles governing what constitutes right or wrong behavior Primary sources of law - sources that establish the law What are the 4 primary sources of law in the US? - Constitutions, statutes, regulations, case law Secondary sources of law - book and articles that summarize and clarify the primary sources of law What are some examples of secondary sources of law? - Information taken from primary sources, reliable newspapers/articles, the restatement of law

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BULW 301 UTK Exam 1 Questions and

Answers 100% Solved | Rated A+


Law - ✔✔consists of enforceable rules governing relationships among

individuals and between individuals and their society

Liability - ✔✔the state of being responsible for something, especially by

law.

Ethics - ✔✔the principles governing what constitutes right or wrong

behavior

Primary sources of law - ✔✔sources that establish the law

What are the 4 primary sources of law in the US? - ✔✔Constitutions,

statutes, regulations, case law

Secondary sources of law - ✔✔book and articles that summarize and

clarify the primary sources of law

What are some examples of secondary sources of law? - ✔✔Information

taken from primary sources, reliable newspapers/articles, the restatement

of law



1
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.

, Constitutional Law - ✔✔the law as expressed in state and federal

constitutions

Statutory Law - ✔✔when laws are enacted by legislative bodies at any level

of government

Ordinances - ✔✔regulations passed by municipal or county governing units

to deal with matters not covered by federal or state law

National Conference of Commissioners on Uniform State Laws (NCCUSL)

- ✔✔was formed to help businesspersons who would conduct trade and

commerce amongst the states

UCC (Uniform Commercial Code) - ✔✔facilitates commerce among the

states by providing a uniform, yet flexible, set of rules governing

commercial transactions

Administrative law - ✔✔consists of the rules, orders, and decisions of

administrative agencies

Administrative Agency - ✔✔a federal, state, or local government agency

established to perform a specific function

Executive Agency - ✔✔subject to the authority of the president, who has

the power to appoint and remove their officers

Case Law - ✔✔the doctrines and principles announced in cases

2
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.

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