Business Law

Business Law Mid Term Ivy Tech Questions With Complete Solutions Last document update:   ago

A federal statute applies only to those states that agree to apply it within their borders. correct answer: False The commerce clause has never been held to support the federal regulation of noncommercial activities that take place wholly within a state's borders. correct answer: False The commerce clause has had no greater impact on business than any other provision in the Constitution. correct answer: False State governments do not have any authority to regulate interstate commerc...

Business Law Ivy Tech| 100 Questions| With Complete Solutions Last document update:   ago

What does Law establish? correct answer: establishes rights, duties and privileges that are consistent with the values and beliefs of a society or its ruling group What does the Law consist of? correct answer: consists of enforceable rules governing relationships among individuals and between individuals and their society What is Constitutional Law? correct answer: found in text and cases arising from federal and state constitutions US Constitution is the supreme law of the land Wha...