Edition by Kenneth Clarkson, Roger Miller
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Questions & 100% Accurate Answers for Exam Preparations|
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, Chapter571
Introduction57to57Law57and57Legal57Reasoning
N.B.:57TYPE57indicates57that57a57question57is57new,57modified,57or57unchanged,57as57follows.
N A57question57new57to57this57edition57of57the57Test57Bank.
+ A57question57modified57from57the57previous57edition57of57the57Test57Bank.
= A57question57included57in57the57previous57edition57of57the57Test57Bank.
TRUE/FALSE57QUESTIONS
A1.57The57stability57and57predictability57of57the57law57is57essential57to57busine
ss57activities.57ANSWER: T PAGE:572 TYPE:5 7 =
NAT:57AACSB57Analytic57AICPA57Critical57Thinking
A2.57Law57is57a57body57of57enforceable57rules57governing57relationships57among57individuals57and57bet
ween57individuals57and57their57society.
ANSWER: T PAGE:5 7 2 TYPE:5 7 =
NAT:57AACSB57Analytic57AICPA57Legal
A3.57A57breach57of57a57contract57is57a57failure57to5
7perform57it.57ANSWER: T
PAGE:573
TYPE:5 7 N
NAT:57AACSB57Ethics AICPA57Critical57Thinking57A
4.57Constitutional57law57includes57only57the57U.S.57Constitution.
ANSWER:57F
A5.57A57state57constitution57is57supreme57within57the57state‘s57borders.
Page57|572
,ANSWER: T PAGE:5 7 4 TYPE:5 7 =
NAT:57AACSB57Analytic57AICPA57Legal57A
Page57|573
, 6.57Whether57a57law57is57constitutional57depends57on57its57source.
ANSWER: F PAGE:5 7 4 TYPE:5 7 =
NAT:57AACSB57Analytic57AICPA57Legal
A7.57Uniform57laws57apply57in57all57states,57including57those57in57which57the57laws57have57n
ot57been57adopted.57ANSWER: F PAGE:574 TYPE:5 7 =
NAT:57AACSB57Analytic57AICPA57Legal
A8.57A5 7 state law that conflicts with the U.S. Constitution will
be57deemed57unconstitutional.
ANSWER: T PAGE:5 7 4 TYPE:5 7 =
NAT:57AACSB57Analytic57AICPA57Legal57A
9.57Statutory57law57does57not57include57county57ordinances.
ANSWER: F PAGE:5 7 4 TYPE:5 7 =
NAT:57AACSB57Reflective AICPA57Legal
A10.57No57state57has57adopted57the57Uniform57Commercial57Code57in57its57entirety.
ANSWER: F PAGE:5 7 5 TYPE:5 7 =
NAT:57AACSB57Reflective AICPA57Legal
A11.57Common57law57is57a57term57for57law57that57is57common57throughout57t
he57world.57ANSWER:57F
A12.57Damages57is57a57remedy57at57law.
ANSWER: T PAGE:5 7 7 TYPE:5 7 =
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