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: =
Pages4|s43
, NAT:s4AACSBs4Analytics4AICPAs4Legal
A13.s4Remediess4ins4equitys4includes4injunctionss4ands4decreess4ofs4specifics4perf
ormance.s4ANSWER: T PAGE:s47 TYPE:s 4 =
NAT:s4AACSBs4Analytics4AICPAs4Legal
A14.s4Ins4mosts4states,s4thes4courtss4nos4longers4grants4―equitable‖s4remedies.
ANSWER: F PAGE:s 4 8 TYPE:s 4 =
NAT:s4AACSBs4Analytics4AICPAs4Legal
A15.
As4defendants4iss4as4persons4againsts4whoms4as4lawsuits4iss
4brought.s4ANSWER: T PAGE:s48 TYPE:s 4 =
NAT:s4AACSBs4Analytics4AICPAs4Legal
A16.s4Courtss4dos4nots4departs4froms4precedents.s
4ANSWER: F PAGE:s49
TYPE:s4 =
NAT:s4AACSBs4Reflective AICPAs4Criticals4Thinking
A17.s4As4judge‘ss4functions4iss4tos4makes4thes4law.
ANSWER: F PAGE:s 4 13 TYPE:s 4 N
NAT:s4AACSBs4Analytics4AICPAs4Legal
A18.s4Criminals4laws4focusess4ons4dutiess4thats4exists4betweens4per
sons.s4ANSWER:s4F
Pages4|s44
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: =
Pages4|s43
, NAT:s4AACSBs4Analytics4AICPAs4Legal
A13.s4Remediess4ins4equitys4includes4injunctionss4ands4decreess4ofs4specifics4perf
ormance.s4ANSWER: T PAGE:s47 TYPE:s 4 =
NAT:s4AACSBs4Analytics4AICPAs4Legal
A14.s4Ins4mosts4states,s4thes4courtss4nos4longers4grants4―equitable‖s4remedies.
ANSWER: F PAGE:s 4 8 TYPE:s 4 =
NAT:s4AACSBs4Analytics4AICPAs4Legal
A15.
As4defendants4iss4as4persons4againsts4whoms4as4lawsuits4iss
4brought.s4ANSWER: T PAGE:s48 TYPE:s 4 =
NAT:s4AACSBs4Analytics4AICPAs4Legal
A16.s4Courtss4dos4nots4departs4froms4precedents.s
4ANSWER: F PAGE:s49
TYPE:s4 =
NAT:s4AACSBs4Reflective AICPAs4Criticals4Thinking
A17.s4As4judge‘ss4functions4iss4tos4makes4thes4law.
ANSWER: F PAGE:s 4 13 TYPE:s 4 N
NAT:s4AACSBs4Analytics4AICPAs4Legal
A18.s4Criminals4laws4focusess4ons4dutiess4thats4exists4betweens4per
sons.s4ANSWER:s4F
Pages4|s44
