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Examen

Business Law Final Exam Questions with correct Answers 2025/2026( A+ GRADED 100% VERIFIED).

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Business Law Final Exam Questions with correct Answers 2025/2026( A+ GRADED 100% VERIFIED).

Institución
Business Law
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Business Law










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Institución
Business Law
Grado
Business Law

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Subido en
6 de marzo de 2025
Número de páginas
17
Escrito en
2024/2025
Tipo
Examen
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Business Law Final Exam
The US constitution reserves to the federal government all powers not granted to the states -
ANS -False

The Uniform Commercial Code has been adopted in all 50 states - ANS -True

Decisions by higher courts are not binding on lower courts - ANS -False

Courts are not obligated to follow precedents - ANS -False

A provision in the California State constitution conflicts with a provision in the US Constitution. If
challenged - ANS -the US constitution, not the state provision will be enforced

Bob's Big Burgers n' Shakes Restaurant brings a suit, seeking a remedy at law. A remedy at law
is - ANS -monetary damages

Jane enters into a contract with Jill to provide 100 roses for a dinner party. Jill fails to deliver the
roses. Jane initiates a suit against Jill, asking the court to order Jill to refund Jane's payment.
Jane is - ANS -the plaintiff

Criminal law is concerned with - ANS -the public as a whole

Operational Processes Inc., appeals a decision against it, inn favor of Precision Manufacturing
Corporation, from a lower court to a higher court. Operational Processes is - ANS -the appellant

Under the authority of a long arm statute, a court cannot exercise personal jurisdiction over
certain out of state defendants - ANS -False

For purposes in diversity of citizenship, a corporation is a citizen only of the state in which its
principal place of business is located - ANS -False

The US supreme court can review any case decided by any of the federal courts of appeals -
ANS -True

As a judge in a federal court, Christine can decide among other things whether the laws or
actions of the executive and legislative branches are constitutional. The process for making this
determination is known as - ANS -Judicial Review

,Lewis wants to file a suit against Mikayla. Before any court can hear the case - ANS -the court
must have jurisdiction

Arnold loses his suit against Buffy in a Colorado state trial court. Arnold appeals to a state
intermediate court of appeals and loses again. Arnold would appeal next to - ANS -the
Colorado Supreme Court

Lorena files a suit against Milton. Before going to trial, the parties with their attorneys meet to try
and resolve their dispute. A third party suggests or proposes a resolution, which the parties may
or may not decide to adopt. This is - ANS -mediation

Orson files a suit against Portia. Before going to trial, the parties meet, with their attorneys to
represent them, to present their dispute to a third party who is not a judge but who imposes a
resolution on the parties. This is - ANS -arbitration

Before a lawsuit begins, the court must have proof that the defendant was notified of the lawsuit
- ANS -True

Discovery is the process of obtaining information from an opposing party before trial - ANS
-True

A judge instructs a jury in the law that applies the case - ANS -True

Neville files a suit against Olinia. If Olinia fails to respond - ANS -Olinia will have a default
judgment entered against her

Lyn files a suit against Karl. Karl denies Lyn's charges and sets forth his own claim that Lyn
breached their contract and owes Karl money for the breach. Karl's claim is - ANS
-counterclaim

To prepare for a trial between SmartPhones, Inc. and TechApps Company, TechApps' attorney
places SmartPhones' chief executive officer under oath. A court official makes a record of the
attorney's questions and the CEO's answers. This is - ANS -a deposition

Posy brings a lawsuit against Quisa over a sale of 350 acres of farmland. During the trial,
Quisa's attorney asks questions of the plaintiff's witness Paina. This is - ANS -a
cross-examination

The term police powers encompasses just the enforcement of criminal laws - ANS -False

Savers Mart, Inc distributes its merchandise on an interstate basis. Under the commerce clause,
Congress has the power to regulate - ANS -any commercial activity in the United States

, Congress enacts a law prohibiting toys made in Indonesia form being sold in the United States.
The Washington state legislature enacts a law allowing the sale of Indonesian- made toys.
Washington's law will most likely be - ANS -rendered invalid under the supremacy clause

Congress enacts the supplemental Income Tax Act to exempt the citizens of New Jersey from
federal taxes until their coastal towns are rebuilt from the ravages of a recent hurricane. SITA
will most likely be - ANS -struck down under the taxing and spending clause

Taco Hot Dogs regularly advertises its products. Under the 1st amendment in comparison with
non commercial speck, the protection given these ads is - ANS -less extensive

Jon, a law enforcement official, monitors Kelsey's Internet activities, email and website visits to
gain access to her personal financial data and student information. This may violate Kelsey's
right to - ANS -privacy

Unless a corporation violates a law, its actions do not raise questions about the role or
corporations and the effect of the corporate effects on profit - ANS -False

In making business decisions, Ridgeline Utility Service Company and other corporations should
strive to be "good citizens" by evaluating - ANS -all of the choices

Corporate Security Company provides other firms with security services. Questions of what is
ethical involve the extent to which Corporate Security has - ANS -an ethical duty beyond those
duties mandated by law

All of the cases which have ben decided by US judges, as well as by English judges prior to the
American Revolution, constitute a body of law known as - ANS -the common law

Marco files a lawsuit against Allied Company in Oregon court with limited jurisdiction. The
difference between general and limited jurisdiction is based on - ANS -the subject matter of the
cases that the court can decide

Toybox Inc. manufactures the Spintop, a toy that the company has discovered can cause harm.
Before anyone is injured, Anne, a pediatric nurse who has not purchased a Spintop, files a suit
against Toybox. In seeking to have the suit dismissed, ToyBox's best argument is that Anne
does not have - ANS -standing to sue

Cal-Ban 3000 was a weight loss drug made by Health Care, a Florida corporation. Tart, a citizen
of North Carolina, read ads for the product in a newspaper and bought Cal-Ban in North
Carolina from a local pharmacy. Within a week of taking the supplement, Tart suffered a
ruptured colon. Alleging that the injury was caused by Cal-ban, Tart sued Health Care in a North
Carolina state court. Health Care asked the court to dismiss the case arguing that the North
Carolina court could not exercise personal jurisdiction over Health Care. The court most likely -
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