BUSINESS LAW FBLA COMPREHENSIVE EXAMINATION TEST COMPLETE QUESTIONS WITH ACCURATE SOLUTIONS

BUSINESS LAW FBLA COMPREHENSIVE
EXAMINATION TEST COMPLETE
QUESTIONS WITH ACCURATE SOLUTIONS

●● Honesty
Answer: Truthfulness in actions and communication


●● Integrity
Answer: Consistently doing what is right


●● Justice
Answer: Fair treatment under the law


●● Law
Answer: Rules enforced by government


●● Ethics vs law
Answer: Ethics guide behavior; laws enforce minimum standards


●● Local government
Answer: Governs cities and counties

,●● State government
Answer: Governs within a state


●● Federal government
Answer: Governs the nation


●● Statutory law
Answer: Written laws passed by legislatures


●● Bill
Answer: Proposed law


●● Statute
Answer: Law passed by a legislature


●● Sources of law
Answer: Constitutions, statutes, regulations, court decisions


●● Criminal law
Answer: Law dealing with crimes against society

, ●● Civil law
Answer: Law dealing with disputes between individuals


●● Business law
Answer: Law affecting business activities


●● Felony
Answer: Serious crime with severe punishment


●● Misdemeanor
Answer: Less serious crime


●● Tort
Answer: Civil wrong causing harm


●● Negligence per se
Answer: Automatic negligence due to law violation


●● Assault
Answer: Threat of harm


●● Battery