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Test Bank For The Legal Environment of Business, A Managerial Approach: Theory to Practice All Chapters - 9781265602789

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Test Bank For The Legal Environment of Business, A Managerial Approach: Theory to Practice All Chapters

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January 17, 2025
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924
Written in
2022/2023
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Test Bank For The Legal Environment of Business, A Managerial Approach: Theory to
Practice
Chapter 01 - Static



1) Much of the origins of the law dealt with issues related to________.

2) When the United States Supreme Court formally recognized its role in achieving equality for
all Americans during the civil rights movement, it was following a________ philosophy.

3) Attorneys who work for a company and are part of the executive or midlevel management
team are specifically referred to as________ counsel.

4) Attorneys, particularly in a business context, are also referred to as________.

5) Measures of judicial action intended to compensate an injured party in a civil lawsuit are
known as________.

6) Equitable rules intended to be broad statements of rules that are based on notions of fairness
and justice are referred to as equitable________.

7) A judicial opinion is also referred to as the________ of the case.

8) A collection of uniform legal principles focused on a particular area of traditional state law is
called The ________ of the Law.

9) Trial lawyers from outside firms, often selected by general counsel when a particular field of
expertise is needed, are referred to as________.

10) ________ are recognized as binding between two parties even though no specific statute or
regulation provides for the rights of the parties.

11) Jurisprudence is roughly defined as the science and philosophy of law.
⊚ true
⊚ false

12) Law today is crucial to business by creating some degree of reliability to be used in business
planning, commercial transactions, and promoting good faith dealing among merchants and
consumers.
⊚ true
⊚ false




1

,Test Bank For The Legal Environment of Business, A Managerial Approach: Theory to
Practice
Chapter 01 - Static



13) It is less common for States to amend their constitutions than it is for Congress to amend the
U.S. Constitution.
⊚ true
⊚ false

14) It is less common for states to amend their constitutions than it is for Congress to amend the
U.S. Constitution.
⊚ true
⊚ false

15) A presidential veto may be overridden by a two-thirds majority vote of the Senate.
⊚ true
⊚ false

16) Most schools of jurisprudential thought center on the government’s role in creating the law.
⊚ true
⊚ false

17) Courts routinely question and overturn administrative-agency decisions involving how and
when an agency enforces a regulation.
⊚ true
⊚ false

18) Courts routinely question and overturn administrative agency decisions involving how and
when an agency enforces a regulation.
⊚ true
⊚ false

19) The power of courts to establish law in matters not specifically addressed by statutes is very
limited in common law countries.
⊚ true
⊚ false

20) Equitable remedies are available to compensate injured parties in both civil and criminal
lawsuits.
⊚ true
⊚ false




2

,Test Bank For The Legal Environment of Business, A Managerial Approach: Theory to
Practice
Chapter 01 - Static



21) Most states have combined courts of law and equity.
⊚ true
⊚ false

22) A statute of limitations determines the maximum and minimum amounts of monetary relief
that may be granted in different types of civil lawsuits.
⊚ true
⊚ false

23) The purpose of secondary sources of law is to increase uniformity and fairness across courts
in the 50 states.
⊚ true
⊚ false

24) A single wrongful act may violate civil law or criminal law but cannot violate both
simultaneously.
⊚ true
⊚ false

25) A zoning law that regulates what a landowner may or may not do with his or her privately
owned property is an example of a public law.
⊚ true
⊚ false

26) Laws requiring that the police show reasonable cause and obtain a search warrant before
entering a place of business to search for evidence are examples of substantive laws.
⊚ true
⊚ false

27) Criminal law allows a party to be compensated for money lost as a result of another's
unlawful conduct.
⊚ true
⊚ false




3

, Test Bank For The Legal Environment of Business, A Managerial Approach: Theory to
Practice
Chapter 01 - Static



28) Statutes and ordinances are examples of private laws that provide for the rights of parties
involved in private or business transactions, such as contracts for services.
⊚ true
⊚ false

29) Criminal law can be characterized as public law but can never be considered private law.
⊚ true
⊚ false

30) Freedom of speech, as defined in the Constitution, is an example of substantive law.
⊚ true
⊚ false

31) Freedom of speech, as defined in the Constitution, is an example of substantive law.
⊚ true
⊚ false

32) Restatements of the Law are written and revised by Congress and state legislatures as needed.
⊚ true
⊚ false

33) All statutes have both a statutory scheme and a legislative history.
⊚ true
⊚ false

34) All statutes have both a statutory scheme and a legislative history.
⊚ true
⊚ false

35) The common law is the law that all states follow to avoid confusion and to promote
consistency from state to state.
⊚ true
⊚ false




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