- Study guides, Class notes & Summaries

a comprehensive collection of Business Law for Accountants concepts for WGU course D216, structured as Objective Assessment (OA) questions with correct answers. It covers core topics such as constitutional law, contracts, torts, intellectual property, business entities, agency law, securities regulation, consumer protection, and bankruptcy law. The material is suitable for exam preparation and serves as a complete review resource aligned with the latest WGU OA updates.

WGU D216 Business Law for Accountants Practice Exam Review Guarantee 100% Pass 2025 What is Punitive in regard to types of damages? Punitive damages are awarded when the goal is to punish. Which source of law is considered Primary? Common Law Doctrine Which source of law is considered Secondary? A Legal Encyclopedia - any encyclopedia is trying to explain something is a secondary source of law. What are the other terms used for Common Law Doctrine? 1) Case Law 2) Judge La...

WGU D216 Business Law for Accountants 356 Questions and Answers 2025 14th Amendment - -passed in 1868 after the Civil War, provides, in part, that "[n]o State shall . . . Deprive any person of life, liberty, or property, without due process of law." Action at law - -File a complaint, jury or judge, judgement, monetary damages or property Action in equity - -File a petition, judge, decree, injunction, specific performance, or rescission Administrative agency - ...

WGU D216 Business Law for Accountants Approved Exam 2025 Constitutional law Law that involves the interpretation and application of the U.S. Constitution and state constitutions Statutory law Laws enacted by legislative bodies at any level of government Ordinances A law passed by a local governing unit such as a city or county Uniform laws A model law developed by the national conference of commissioners on uniform state laws for the states to consider enacting into statute...

WGU D216 Business Law for Accountants Mid Term Comprehensive Exam 2025 A hardware store proactively informs clients whenever recalls happen. It is always willing to replace defective items at no cost even if the warranty has expired. Its philosophy is to maximize benefits and minimize harm. This approach is known as outcome-based ethics. What is a characteristic of outcome-based ethics? It focuses on the obligations of the corporation. It focuses on standards for behavior ...