Business Law (All Quiz Answers)
One of the oldest and most significant schools of jurisprudential thought is: - ANS -the natural
law school.
The common law may be described as: - ANS -general legal principles that evolved over time
through court decisions.
Remedies are best described as: - ANS -the legal means used to recover a right or redress a
wrong.
A cornerstone of both the American and English legal systems is: - ANS -the doctrine of stare
decisis.
The IRAC method of legal reasoning DOES NOT include which of the following steps? - ANS
-Developing cutting-edge public policy.
Ordinances may be considered: - ANS -statutory law.
The Uniform Commercial Code (UCC) has been adopted, in whole or in part: - ANS -by all
states, in whole or in part.
Civil law may best be described as: - ANS -the law that governs relations between persons and
between persons and the government
When you are engaged in finding the law, a citation means: - ANS -a reference to a publication
in which a legal authority can be found.
Rules and regulations that have been issued by federal administrative agencies are initially
published in: - ANS -the Federal Register.
Under what circumstances might a judge rely on case law to determine the intent and purpose
of a statute? - ANS -A judge might rely on case law because it includes courts' interpretations
of statutes and constitutional provisions/ administrative rules. They codify common law rules.
Assuming that convicted war criminals had not disobeyed any law of their country and had
merely been following their government's orders, what law had they violated? Explain. - ANS
-Under natural law theory, which reflects the moral and ethical ideals that are inherent in human
nature (all other law is derived from natural law), the intentional court was justified in finding the
defendants guilty of crimes against humanity.
, Does the court in Sue's state have jurisdiction over Tipton? What factors will the court consider?
- ANS -A minimum-contacts requirement is usually met if the corporation advertises or sells its
products within the state , or places its goods into the "stream of commerce" with the intent that
the goods be sold in the state. Therefore, a court will consider whether Tipton advertised or sold
its products within Sue's state. (Court may also look at whether the contract between the 2 was
negotiated or signed WITHIN the state)
If the dispute is not resolved, or if either party disagrees with the decision of the mediator/
arbitrator, will a court hear the case? Explain. - ANS -Yes, submission to mediation or
nonbinding arbitration is MANDATORY, but compliance with a decision of the mediator/
arbitrator is VOLUNTARY
The doctrine of judicial review allows: - ANS -the judiciary to decide whether laws or actions of
the other branches of government are constitutional.
Before a court may hear a case, it must have jurisdiction: - ANS -over the person against whom
the case is brought or the property at issue and the subject matter involved in the case.
If the Greffen Corporation, headquartered in New York, sells its wonderful shampoos in
Nebraska, Greffen may be sued in a Nebraska court if the state has: - ANS -a long arm statute.
Venue concerns: - ANS -the most appropriate location for a trial.
The decisions of a state's highest court are ________ on questions of state law. - ANS -final,
once a state's highest court reaches a decision on an issue involving state law
In order to bring a case before the United States Supreme Court, the court must issue: - ANS
-a writ of certiorari, orders a lower court to send the record of its case to the higher court for
review.
Joe and Krista have a dispute concerning a contract. They decide to try to settle the problem
themselves, without the help of a third party. This type of ADR is known as: - ANS -negotiation,
when parties attempt to resolve disputes without the help of a third party
When two parties agree to resolve a dispute in an informal manner and with the help of a
neutral third party who helps the parties come to an agreement but does not decide the issue,
this is known as: - ANS -mediation, a neutral third party (the mediator) helps the parties reach
agreement but does not decide the issue for the parties.
Which of the following statements is NOT true with respect to online dispute resolution (ODR)? -
ANS -ODR is best used to settle disputes between large corporations in which the amount in
dispute is significant, because to litigate such disputes in court could be very costly and time
consuming.
One of the oldest and most significant schools of jurisprudential thought is: - ANS -the natural
law school.
The common law may be described as: - ANS -general legal principles that evolved over time
through court decisions.
Remedies are best described as: - ANS -the legal means used to recover a right or redress a
wrong.
A cornerstone of both the American and English legal systems is: - ANS -the doctrine of stare
decisis.
The IRAC method of legal reasoning DOES NOT include which of the following steps? - ANS
-Developing cutting-edge public policy.
Ordinances may be considered: - ANS -statutory law.
The Uniform Commercial Code (UCC) has been adopted, in whole or in part: - ANS -by all
states, in whole or in part.
Civil law may best be described as: - ANS -the law that governs relations between persons and
between persons and the government
When you are engaged in finding the law, a citation means: - ANS -a reference to a publication
in which a legal authority can be found.
Rules and regulations that have been issued by federal administrative agencies are initially
published in: - ANS -the Federal Register.
Under what circumstances might a judge rely on case law to determine the intent and purpose
of a statute? - ANS -A judge might rely on case law because it includes courts' interpretations
of statutes and constitutional provisions/ administrative rules. They codify common law rules.
Assuming that convicted war criminals had not disobeyed any law of their country and had
merely been following their government's orders, what law had they violated? Explain. - ANS
-Under natural law theory, which reflects the moral and ethical ideals that are inherent in human
nature (all other law is derived from natural law), the intentional court was justified in finding the
defendants guilty of crimes against humanity.
, Does the court in Sue's state have jurisdiction over Tipton? What factors will the court consider?
- ANS -A minimum-contacts requirement is usually met if the corporation advertises or sells its
products within the state , or places its goods into the "stream of commerce" with the intent that
the goods be sold in the state. Therefore, a court will consider whether Tipton advertised or sold
its products within Sue's state. (Court may also look at whether the contract between the 2 was
negotiated or signed WITHIN the state)
If the dispute is not resolved, or if either party disagrees with the decision of the mediator/
arbitrator, will a court hear the case? Explain. - ANS -Yes, submission to mediation or
nonbinding arbitration is MANDATORY, but compliance with a decision of the mediator/
arbitrator is VOLUNTARY
The doctrine of judicial review allows: - ANS -the judiciary to decide whether laws or actions of
the other branches of government are constitutional.
Before a court may hear a case, it must have jurisdiction: - ANS -over the person against whom
the case is brought or the property at issue and the subject matter involved in the case.
If the Greffen Corporation, headquartered in New York, sells its wonderful shampoos in
Nebraska, Greffen may be sued in a Nebraska court if the state has: - ANS -a long arm statute.
Venue concerns: - ANS -the most appropriate location for a trial.
The decisions of a state's highest court are ________ on questions of state law. - ANS -final,
once a state's highest court reaches a decision on an issue involving state law
In order to bring a case before the United States Supreme Court, the court must issue: - ANS
-a writ of certiorari, orders a lower court to send the record of its case to the higher court for
review.
Joe and Krista have a dispute concerning a contract. They decide to try to settle the problem
themselves, without the help of a third party. This type of ADR is known as: - ANS -negotiation,
when parties attempt to resolve disputes without the help of a third party
When two parties agree to resolve a dispute in an informal manner and with the help of a
neutral third party who helps the parties come to an agreement but does not decide the issue,
this is known as: - ANS -mediation, a neutral third party (the mediator) helps the parties reach
agreement but does not decide the issue for the parties.
Which of the following statements is NOT true with respect to online dispute resolution (ODR)? -
ANS -ODR is best used to settle disputes between large corporations in which the amount in
dispute is significant, because to litigate such disputes in court could be very costly and time
consuming.
