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Test Bank for Business Law: Text and Cases 16th Edition by Kenneth Clarkson , ISBN: 9780357985533 ||All Chapters Verified Guide A+

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Test Bank for Business Law: Text and Cases 16th Edition by Kenneth Clarkson , ISBN: 9780357985533 ||All Chapters Verified Guide A+

Institution
Business Law: Text And Cases
Course
Business Law: Text and Cases

Content preview

Test Bank for
Business Law:
TO


Text and Cases,
PS
O

16th Edition by
LU

Kenneth W.
TI
O

Clarkson, Roger
N
S

LeRoy Miller
Page 1

,Clarkson: Business Law: Text and Cases
Chapter 01 16e Clarkson

Indicate whether the statement is true or false.
1. In the case citation, Badawi v. Albin, 311 Neb. 603, 973 N.W.2d 714 (2022), the opinion for this case can be
found in Volume 311 of the Nebraska Reports on page 603, and the parallel citation is to Volume 973 of the
North Western Reporter, Second Series, on page 714.
True
False

ANSWER: True
TO
2. A constitution is a primary source of law.
True
False

ANSWER: True
PS
3. Courts often refer to secondary sources of law for guidance in interpreting and applying a primary source of law.
True
False

ANSWER: True
O
4. Controlling precedents are binding authorities.
True
False
LU
ANSWER: True

5. There is one right answer to every legal question.
True
TI
False

ANSWER: False

6. Civil law has to do with wrongs committed against society for which society demands redress.
O
True
False
N
ANSWER: False

7. Independent regulatory agencies are subject to the authority of the president.
S
True
False

ANSWER: True




Page 2

,Name: Class: Date:

Chapter 01 16e Clarkson

8. Federal agency regulations take precedence over conflicting state regulations.
True
False

ANSWER: True

9. A case of first impression is any legal authority or source of law that a court may look to for guidance but need
not follow when making its decision.
TO
True
False

ANSWER: False

10. With respect to the study of jurisprudence, there is essentially one school of legal thought.
PS
True
False

ANSWER: False

11. Frequently, people use the term cyberlaw to refer to the emerging body of law that governs transactions
O
conducted via the internet.
True
False
LU

ANSWER: True

12. Even if it conflicts with the U.S. Constitution, a state constitution is supreme within that state’s borders.
True
TI
False

ANSWER: False
O
13. Because laws may change, the ability to analyze and evaluate the legal ramifications of situations as they arise is
a lasting skill.
True
N
False

ANSWER: True
S
14. Courts will not grant an equitable remedy unless the remedy at law is adequate.
True
False

ANSWER: False




Page 3

, Name: Class: Date:

Chapter 01 16e Clarkson

15. Congress or a state legislature establishes an administrative agency to perform a specific function.
True
False

ANSWER: True

16. The U.S. Constitution is the basis of all law in the United States.
True
TO
False

ANSWER: True

17. A legal encyclopedia is a secondary source of law.
True
PS
False

ANSWER: True

18. The doctrines and principles announced in court decisions govern all areas not covered by statutory or
administrative law.
O
True
False
LU
ANSWER: True

19. A trial court case was appealed, and the appellate case was called Smith v. Williams, which indicates that Smith
was the plaintiff in the case at trial and Williams was the defendant.
True
TI
False

ANSWER: False
O
20. Administrative law plays a relatively insignificant role in the regulatory environment of business.
True
False
N
ANSWER: False

21. A federal statute applies only to those states that agree to apply it within their borders.
S
True
False

ANSWER: False




Page 3

Written for

Institution
Business Law: Text and Cases
Course
Business Law: Text and Cases

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