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Practice Milestone 
Business Law — Practice Milestone 1 
Taking this practice test is a stress-free way to find out if you are ready for the Milestone 1 assessment. You 
can print it out and test yourself to discover your strengths and weaknesses. The answer key is at the end of 
this Practice Milestone. 
1. 
Which of the following best characterizes the law? 
a.) It is a set of rules enforced by a government 
authority. 
b.) It is a set of requirements based on 
morality. 
c.) It is a set of ...