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Business Law exam 1 with suitable question and answers

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Business Law exam 1 with suitable question and answers 1. Primary sources of law, or sources that establish the law, include: A. all of these choices B. statutory law C. the US constitution D. regulations created by administrative agencies: A. all of these choices all of these are the primary sources of law. 2. This school of legal though is based on the idea that law is just one of many institutions of society, and that it is shaped by social forces and needs: A: legal positivism B: legal realism C. the natural school of legal thought D. The historical school of legal thought: B legal realism the school of legal thought is based on the idea that law is just one of many institutions in society, and that it is shaped by social forces and needs is legal realism.


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