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Exam (elaborations)
BUS LAW Quiz 1 Questions And Answers
BUS LAW Quiz 1 Questions And Answers
Exam (elaborations)
bus law Exam questions and answers Graded A+| 2026 Updated
Popularbus law Exam questions and answers Graded A+| 2026 
Updated 
actionable - capable of serving as the basis of a lawsuit 
actual malice - knowledge of falsity or reckless disregard for the truth 
assault - Any word or action intended to make another person fearful of 
immediate physical harm; a reasonably believable threat. 
assumption at risk - A defense against negligence that can be used when 
the plaintiff was aware of a danger and voluntarily assumed the risk of injury from 
that dang...
Exam (elaborations)
BUS LAW CHAPTER 11 2026/2027 | Business Law Study Guide, Practice Questions & Exam Review
BUS LAW CHAPTER 11 2026/2027 | Business Law Study Guide, Practice Questions & Exam Review
Exam (elaborations)
Business Law Final 2026/2027 | Business Law Study Guide, Practice Questions & Exam Review
Business Law Final 2026/2027 | Business Law Study Guide, Practice Questions & Exam Review
Exam (elaborations)
BUS LAW 1 EXAM QUESTIONS AND ANSWERS 
 

BUS LAW 1 EXAM QUESTIONS AND ANSWERS 
Codes - CORRECT ANSWERGrouping of related statutes. 
Common Law - CORRECT ANSWEROldest set of rules of law, (still used) hold harshest penalties. Civil 
scenario higher fines or judgments
Package deal
Bus Law 1 questions and answers Graded A+
Bus Law 1 questions and answers Graded A+
Exam (elaborations)
Bus Law 1 questions and answers Graded A+
Bus Law 1 questions and answers Graded A+ 
Plaintiff -The person who is filing the claim against the defendants who are 
accused 
Criminal Case Steps -1. Prosecution 
2. Criminal Act 
3. Burden of Proof 
Civil Case Steps -1. Burden of Proof 
2. Statute of Limitations 
3. Damages 
Standing to Sue -1. Injury in fact
Exam (elaborations)
Bus law 3 Exam questions and answers Graded A+
Bus law 3 Exam questions and answers Graded A+ 
Malum in se -Evil by their very nature 
Malum Prohibitum -Criminal bc the legislator desires yo prevent certain 
conduct 
Sources of law -Statute or common law 
Who Brings A Suit? -The entity who suffers harm 
Burden of Proof -Prupunderence of thr evidence 
Remedy -Usually damages, judicial decree forbidding activit
Exam (elaborations)
Bus law 5Exam questions and answers Graded A+
Bus law 5Exam questions and answers Graded A+ 
Contract -A promise or set of promises that the law will enforce; breach 
gives a remedy. 
Agreement -Offer + Acceptance (mutual assent) 
Consideration -Bargained-for exchange with legal benefit and detriment 
Capacity -Legal ability to contract 
Legal Purpose -Contract must not be illegal
Exam (elaborations)
Bus Law 11 questions and answers Graded A+
Bus Law 11 questions and answers Graded A+ 
Zed offers to sell Yuri concert tickets for $50 each. Who is the promisor here, and 
who is the promisee? 
a. Zed is the promisor, and Yuri is the promisee. 
b. Yuri is the promisor, and Zed is the promisee. 
c. Both parties are promisors. 
d. Both parties are promisees. -a. Zed is the promisor, and Yuri is the 
promisee. 
Promises that are legally binding include a promise to 
a. watch a certain sporting event. 
b. pay for items ordered online. 
c. at...
Exam (elaborations)
Bus Law 17 & 20 Exam questions and answers 
Graded A+
Bus Law 17 & 20 Exam questions and answers 
Graded A+ 
Michael vs Karla 
Accused Mike of it being his baby. Said the doctor told her based on time of the 
sex and birth it was his child. MJ sued when it turned out not to be his baby and 
court determined misrepresentation and mistaken on Karla 
Doctrines that negate assent 
Mistake, misrepresentation, undue influence, duress, and unconscionability 
Mutual (bilateral) mistake 
Mistake made by both parties. (both parties misunderstood and can be t...
Exam (elaborations)
Bus Law 121 Chp 7 questions and answers Graded 
A+
Bus Law 121 Chp 7 questions and answers Graded 
A+ 
Henrietta offers a $500 reward for the return of Fifi, her lost dog. Silas finds and 
returns the dog. This is an example of a(n): -unilateral contract. 
A(n) ________ cannot be upheld by a court of law, although it may have all the 
elements of complete contract. -unenforceable contract 
A(n) ________ contract is implied by the direct or indirect acts of the parties. - 
implied-in-fact 
________ outlines the historical laws and the procedures ...
Exam (elaborations)
Bus Law 215 questions and answers Graded A+
Bus Law 215 questions and answers Graded A+ 
Stare Decisis 
The lower courts must adhere to the higher courts rule of law 
Codes 
A grouping of related statues 
Common Law 
Older rules of Law. Rules that most often were brought over by our forefathers or 
started way back when. Based on the old english realm 
Modern Law 
Rules of law that have come about because of societal changes or new 
innovations (Internet, AI, Etc.) 
Case Precedents 
Cases that are deemed landmark cases. The strength behin...
Exam (elaborations)
Bus lAW 380N Exam questions and answers 
Graded A+
Bus lAW 380N Exam questions and answers 
Graded A+ 
statutory law: what is it also known as and which branch -code law/ 
legislature 
Case Law/Common Law -based on court descisions 
Legitimacy -comes through the process of law (due process) 
Executive -Enforces laws 
Laws -a system of rules and regulat
Exam (elaborations)
Bus Law and Ethics #1 Exam questions and answers 
Graded A+
Bus Law and Ethics #1 Exam questions and answers 
Graded A+ 
Antitrust law 
legislation to prevent new monopolies from forming and police those that already 
exist 
Citations 
identification of original sources of outside information 
Standing to sue 
The legal requirement that an individual must have a sufficient stake in a 
controversy before he or she can bring a lawsuit. 
writ of certiorari 
A formal writ used to bring a case before the Supreme Court. 
class action 
a lawsuit brought by one ...
Exam (elaborations)
BUS LAW CH.4 Exam questions and answers 
Graded A+
BUS LAW CH.4 Exam questions and answers 
Graded A+ 
The party to a case who files a civil action is called the _____. 
A. defendant 
B. appellee 
C. plaintiff 
D. appellant 
E. respondent -C. plaintiff 
When a defendant, upo
Exam (elaborations)
BUS LAW CH.4 Exam questions and answers 
Graded A+
BUS LAW CH.4 Exam questions and answers 
Graded A+ 
The party to a case who files a civil action is called the _____. -C. plaintiff 
When a defendant, upon being served, wants to sue a plaintiff, the defendant 
becomes a _____. -B. counterplaintiff 
When a defendant who has been served wants to sue a plaintiff, the plaintiff 
becomes a _____. -C.counterdefendant 
A defendant may bring in new third parties as third-party defendants if he or she 
alleges that without the presence of these parties ...
Exam (elaborations)
bus law cases questions and answers Graded A+
bus law cases questions and answers Graded A+ 
Wickard V Filburn -Article 1 Section 8 clause 3 (Commerce Clause) 
Tennessee Wine Case -Article 1 Section 8 clause 3 (Commerce Clause) 
Kkatzenbach V. McClung -Article 1 Section 8 clause 3 (Commerce Clause) 
United States V. Lopez -Article 1 Section 8 clause 3 (Commerce Clause) 
Hughes V. Oklahoma -Article 1 Section 8 clause 3 (Commerce Clause) 
Gibbons V. Ogden -Article 1 Section 8 clause 3 (Commerce Clause) 
United States V. Locke -Article 1 Secti...
Exam (elaborations)
Bus Law Ch 21 Employment Law questions and 
answers Graded A+
Bus Law Ch 21 Employment Law questions and 
answers Graded A+ 
Which act under the federal employment law provides unemployment 
compensation? -The Social Security Act 
Which of the following is true of the Fair Labor Standards Act (FLSA)? -It 
establishes overtime pay, a minimum wage, child labor standards, and recordkeeping requirements. 
What are the attributes of the Fair Labor Standards Act (FLSA)? (Check all that 
apply.) -It limits the number of hours worked by minors under the age of 
16...
Exam (elaborations)
BUS LAW CH. 1 - Nature of Law Exam questions 
and answers Graded A+
BUS LAW CH. 1 - Nature of Law Exam questions 
and answers Graded A+ 
Law -the order or pattern of rules that society uses to govern the conduct 
of individuals and their relationships 
Law keeps society running smoothly and efficiently 
Law consists of the body of principles that govern conduct and that can be 
enforced in courts or by administrative agencies. 
The law could also be described as -a collection or bundle of rights 
Legal rights -Entitlements granted by law to individuals. 
A right...
Exam (elaborations)
BUS LAW Chapter 1 Exam questions and answers 
Graded A+
BUS LAW Chapter 1 Exam questions and answers 
Graded A+ 
Which of the following do positive law theory and natural law theory have in 
common? -Both depend on an outside source for their understanding of 
law, morality, and rights. 
In his essay, Politics as a Vocation, Max Weber argues that national leaders must 
practice the "ethic of ultimate ends" to govern correctly. -False 
If the only question a corporate manager asks before she takes an action is 
whether the benefit to the shareho...
Exam (elaborations)
bus law chapter 1-4 questions and answers Graded 
A+
bus law chapter 1-4 questions and answers Graded 
A+ 
Administrative Agency -A government body formed to carry out particular 
laws. 
Case Law -Laws made when an appellate court endorses a rule to be used 
in deciding court cases. 
Code -Laws grouped into an organized form. 
Common Law -Law based on the customs of a group. 
Criminal Law -A group of laws definin