Commerce clause Study guides, Class notes & Summaries

What is the importance of a Business Law course in a business/management curriculum, and/or the importance of knowing something about it to a businessperson? - Answer - The law is important to modern business - The history of business reveals the prominence of law - Educators today emphasize the role of law in preparing tomorrow's business leaders How can businesspeople use the law to a strategic advantage? - Answer - Knowing the legal rights and duties enhances one's ability to identify ...

MIE 305 Exam 2 Latest Version with Certified Solutions Articles of Confederation 1st Constitution of the U.S. (weaknesses-no executive, no judicial, no power to tax, no power to regulate trade) Structure of the Constitution A document creating a form of government resting on the principles of federalism and free enterprise. It is composed of a preamble, 7 articles, and 27 amendments. It creates the federal government with 3 distinct branches (legislative, executive, and judicial).I...

business law Collin College -Business Law correctly answeredWhat is the normal penalty for breach of a civil wrong? - correct answer compensation for damages suffered What is business law? - correct answer Business law is concerned with rules of conduct prescribed by government for the performance of business transactions What are the objectives of law? - correct answer it forms a framework for a stable society What are the roots of our legal system? - correct answer English, French, an...

McCulloch v. Maryland correct answersFederal actions take precedence over actions of other governments under Federal Supremacy Clause. Maryland wanted to regulate the National Bank Court Held: No, under the Supremacy Clause Congress has the power. Can Congress establish a National Bank? Court Held: Yes, it is constitutional under the Necessary and Proper Clause, which EXPANDS, not restricts, Congress's powers. Wickard v. Filburn correct answersFederal controls on production of wheat Far...

A partner user approves a quote. However, the status in the CRM does not get updated. Which two options will NOT update the status on the CRM? A. Integrations are not associated to the approve action. B. Partner user approved the quote through mobile approvals. C. Partner user doesn't have access to 'status' attribute in pending step within CPQ D. Partner user doesn't have correct partner info credentials. - Which statement is true regarding the intersect operator? - Answer- The number o...

Aviation Law Midterm and final exam questions and answers Constitutional Law - Answer ️️ -Derived from Constitutions, both federal and state Statutory Law - Answer ️️ -Statutes are laws that are made by legislatures (congress or state state legislatures). Supersedes any common law to the contrary. Legislative branch Common Law (decisional law) - Answer ️️ -law based on previously decided cases Equity - Answer ️️ -Developed in England, fairness, mitigates the harshness of th...

What are the Articles of Confederation? - the original constitution of the US, ratified in 1781 (replaced by the US Constitution in 1789) What were the weaknesses of the Articles of Confederation? - 1) Confederate congress was the only national branch of government and it served a limited function as coordinator between the states 2) States were the all powerful sovereigns within their own borders 3) No federal executive 4) No federal judiciary What are the differences between the...

POLS FINAL EXAM QUESTIONS & ANSWERS 2024 The Judicial Branch - ANSWER-Article 3 The Executive Branch - ANSWER-Article 2 The Legislative Branch - ANSWER-Article 1 The Supremacy clause is in Article _____ - ANSWER-6 According to Article V, it takes ____ (this is a fraction) of each house of Congress to propose an amendment and ______(this is a fraction) of the state legislatures to ratify an amendment. - ANSWER-2/3 3/4 The Necessary and Proper Clause, which deals with Congress...

WGU C713 Business Law Version 3 Latest 2023 Graded A+ What purpose does the law serve in our society? To resolve conflicts in our society without the ise of volence. What are the three branches of government? Executive, Legislative, and Judicial What is Statutory Law? Law that is created by a legislative body, known as congress, at the federal Level. What is common Law? Is Judge-Made Law. It is law that comes from previous Judge rulings in similar cases. What is administrative Law? A branch ...

American Politics and the US Constitution - C963 WGU Correctly Solved 2023 natrual rights ->>Life, Liberty, and Property John Locke ->>17th century English philosopher who opposed the Divine Right of Kings and who asserted that people have a natural right to life, liberty, and property. State of Nature ->>Hypothetical condition assumed to exist in the absence of government where human beings live in "complete" freedom and general equality. Due Process ->>involves th...