TEST BANK for Business Law: Text and Cases 16th
Edition by Kenneth Clarkson, Roger Miller
All Chapters Fully Covered plus Appendices| Verified
Questions & 100% Accurate Answers for Exam Preparations|
A+ PASS ASSURED
Page | 1
, Chapter 1
Introduction to Law and Legal Reasoning
N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows.
N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.
TRUE/FALSE QUESTIONS
A1. The stability and predictability of the law is essential to business activities.
ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Critical Thinking
A2. Law is a body of enforceable rules governing relationships among individuals and between
individuals and their society.
ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Legal
A3. A breach of a contract is a failure to perform it.
ANSWER: T PAGE: 3 TYPE: N
NAT: AACSB Ethics AICPA Critical Thinking A
4. Constitutional law includes only the U.S. Constitution.
ANSWER: F
A5. A state constitution is supreme within the state‘s borders.
ANSWER: T PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal A
Page | 2
,6. Whether a law is constitutional depends on its source.
ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal
A7. Uniform laws apply in all states, including those in which the laws have not been adopted.
ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal
A8. A state law that conflicts with the U.S. Constitution will be
deemed unconstitutional.
ANSWER: T PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal A
9. Statutory law does not include county ordinances.
ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Reflective AICPA Legal
A10. No state has adopted the Uniform Commercial Code in its entirety.
ANSWER: F PAGE: 5 TYPE: =
NAT: AACSB Reflective AICPA Legal
A11. Common law is a term for law that is common throughout the world.
ANSWER: F
A12. Damages is a remedy at law.
ANSWER: T PAGE: 7 TYPE: =
Page | 3
, NAT: AACSB Analytic AICPALegal
A13.s2Remediess2ins2equitys2includes2injunctionss2ands2decreess2ofs2specifics2perf
ormance.s2ANSWER: T PAGE:s27 TYPE:s 2 =
NAT:s2AACSBs2Analytics2AICPAs2Legal
A14.s2Ins2mosts2states,s2thes2courtss2nos2longers2grants2―equitable‖s2remedies.
ANSWER: F PAGE:s 2 8 TYPE:s 2 =
NAT:s2AACSBs2Analytics2AICPAs2Legal
A15.
As2defendants2iss2as2persons2againsts2whoms2as2lawsuits2iss
2brought.s2ANSWER: T PAGE:s28 TYPE:s 2 =
NAT:s2AACSBs2Analytics2AICPAs2Legal
A16.s2Courtss2dos2nots2departs2froms2precedents.s
2ANSWER: F PAGE:s29
TYPE:s2 =
NAT:s2AACSBs2Reflective AICPAs2Criticals2Thinking
A17.s2As2judge‘ss2functions2iss2tos2makes2thes2law.
ANSWER: F PAGE:s 2 13 TYPE:s 2 N
NAT:s2AACSBs2Analytics2AICPAs2Legal
A18.s2Criminals2laws2focusess2ons2dutiess2thats2exists2betweens2per
sons.s2ANSWER:s2F
Pages2|s24
Edition by Kenneth Clarkson, Roger Miller
All Chapters Fully Covered plus Appendices| Verified
Questions & 100% Accurate Answers for Exam Preparations|
A+ PASS ASSURED
Page | 1
, Chapter 1
Introduction to Law and Legal Reasoning
N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows.
N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.
TRUE/FALSE QUESTIONS
A1. The stability and predictability of the law is essential to business activities.
ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Critical Thinking
A2. Law is a body of enforceable rules governing relationships among individuals and between
individuals and their society.
ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Legal
A3. A breach of a contract is a failure to perform it.
ANSWER: T PAGE: 3 TYPE: N
NAT: AACSB Ethics AICPA Critical Thinking A
4. Constitutional law includes only the U.S. Constitution.
ANSWER: F
A5. A state constitution is supreme within the state‘s borders.
ANSWER: T PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal A
Page | 2
,6. Whether a law is constitutional depends on its source.
ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal
A7. Uniform laws apply in all states, including those in which the laws have not been adopted.
ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal
A8. A state law that conflicts with the U.S. Constitution will be
deemed unconstitutional.
ANSWER: T PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal A
9. Statutory law does not include county ordinances.
ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Reflective AICPA Legal
A10. No state has adopted the Uniform Commercial Code in its entirety.
ANSWER: F PAGE: 5 TYPE: =
NAT: AACSB Reflective AICPA Legal
A11. Common law is a term for law that is common throughout the world.
ANSWER: F
A12. Damages is a remedy at law.
ANSWER: T PAGE: 7 TYPE: =
Page | 3
, NAT: AACSB Analytic AICPALegal
A13.s2Remediess2ins2equitys2includes2injunctionss2ands2decreess2ofs2specifics2perf
ormance.s2ANSWER: T PAGE:s27 TYPE:s 2 =
NAT:s2AACSBs2Analytics2AICPAs2Legal
A14.s2Ins2mosts2states,s2thes2courtss2nos2longers2grants2―equitable‖s2remedies.
ANSWER: F PAGE:s 2 8 TYPE:s 2 =
NAT:s2AACSBs2Analytics2AICPAs2Legal
A15.
As2defendants2iss2as2persons2againsts2whoms2as2lawsuits2iss
2brought.s2ANSWER: T PAGE:s28 TYPE:s 2 =
NAT:s2AACSBs2Analytics2AICPAs2Legal
A16.s2Courtss2dos2nots2departs2froms2precedents.s
2ANSWER: F PAGE:s29
TYPE:s2 =
NAT:s2AACSBs2Reflective AICPAs2Criticals2Thinking
A17.s2As2judge‘ss2functions2iss2tos2makes2thes2law.
ANSWER: F PAGE:s 2 13 TYPE:s 2 N
NAT:s2AACSBs2Analytics2AICPAs2Legal
A18.s2Criminals2laws2focusess2ons2dutiess2thats2exists2betweens2per
sons.s2ANSWER:s2F
Pages2|s24
