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Business law 1-2 Review Practice Test 2024. Constitution - correct answer Document that sets forth the framework of a government and it's relationship to the people it governs Constitutional law - correct answer A law governed by the US constitution Bill of rights - correct answer First ten amendments Interstate - correct answer Occurs between 2 or more states Intrastate - correct answer Occurs within one state

Business Law 2 Final Exam Study Questions 2024. 3 distinct categories of property - correct answer Real, Personal, Intangible Real Property - correct answer Land and everything attached to it. Personal Property - correct answer Things that can be moved. Intangible Property - correct answer Ideas that have some legal protection (intellectual property, rights, insurance.) Property Law - correct answer Not really concerned about the actual property (noun). but overall ownership and thi...

Business Law 3 Questions And Answers 2024. Primary Sources - correct answer Documents where the laws themselves are contained, such as a constitution, statute or case law Civil Law - correct answer Enforcement of disputes among private individuals, and business entities, by preponderance of evidence Criminal Law - correct answer Wrongs committed against society, Burden of proof beyond a reasonable doubt Plaintiff - correct answer Party initiating the suit Defendant - correct answer ...

Business Law 4 Study Guide Exam 2024. enforceable rules of conduct in a society - correct answer laws laws that are grouped into an organized form - correct answer code law based on the current standard or customs of the people - correct answer common law law dictates by the central authority figure to prevent disputes and wrongs - correct answer positive law power to decide a case - correct answer jurisdiction fairness - correct answer equity when constitutions are adopted or...

Business Law 5 Questions And Answers 2024. Laws and government regulations affect almost all business activities. - correct answer True The U.S. Constitution is the basis of all law in the United States - correct answer True The U.S. Constitution reserves to the federal government all powers not granted to the states - correct answer False The Uniform commercial code has been adopted in all fifty states - correct answer True Federal agency regulations take precedence over conflictin...

Business Law Chapter 1 Pre-Test 2024. binding authority - correct answer any source of law that a court must follow when deciding a case liability - correct answer state of being legally responsible for something like a debt or obligation breaches - correct answer failure to perform a legal obligation primary source of law - correct answer document that establishes law on a particular issue - 4 types 4 types of primary law sources - correct answer 1. constitution 2. statute 3. a...

Business Law Chapters 1-3 Practice Exam Questions With 100% Correct Answers 2024. Law - correct answer enforceable rules Civil Law - correct answer enforceable rules governing relationships between persons and other persons Criminal Law - correct answer enforceable rules governing relationships between persons and the government Substantive Law - correct answer create and define legal rights and responsibilities Procedural Law - correct answer establishes methods required to enforce...

Business Law Exam 1 (ch. 1-4)Review Practice Test 2024. administrative agency - correct answer a federal, state, or local government agency established to perform a specific function; administrative agencies are authorized by legislative acts to make and enforce rules to administer and enforce the acts. administrative law - correct answer the body of law created by administrative agencies (in the form of rules, regulations, orders, and decisions) in order to carry out their duties and respon...

Business Law Exam 1 Study Guide Correctly Answered 2024.Rated A+. The US Constitution - correct answer The Supreme Law of America, which establishes general organization of goverment, and is the basis of ALL law is the ______. Statutory Laws - correct answer Laws passed by Federal congress and the state legislatures is called a _____. Federal Code - correct answer When a Statutory Law is passed, it becomes part of the ____. Ordinances - correct answer Laws passed by lower levels of gov...

Business law Exam 1 Correctly Solved 2024.(already passed) True or false: Administrative agencies get the power to make law through a process called delegation. - correct answer T True or false: The government cannot be a party to a civil suit - correct answer F. For example, you can sue the government for money damages. True or false: A state homicide statute is both criminal and substantive. - correct answer T True or false: To a legal positivist, morality or rightness is an esse...