Business Law Cengage: Test 1
the stability and predictability of the law is essential to business activities (T/F) - ANS -true
law is a body of enforceable rules governing relationships among individuals and between
individuals and their society (T/F) - ANS -true
common law is a term for law that is common throughout the world (T/F) - ANS -false
criminal law focuses on duties that exist between persons (T/F) - ANS -false
courts do not depart from precedents (T/F) - ANS -false
the legislature of the state of Mississippi enacts a new statute that sets standards for the liability
of businesses selling defective products. this statute applies
a. only in mississippi
b.only in mississippi and its border states
c. in all states but only to matters not covered by other states' laws
d. in all states - ANS -only in mississippi
hawaii enacts a state law that violates the US constitution. this law can be enforced by:
a. no one
b. the state of hawaii only
c. the federal government only
d. the united states supreme court only - ANS -no one
as a judge, diane applies common law rules. these rules develop from
a. uniform laws drafted by legal scholars
b. statues enacted by congress and the state legislatures
c. regulations issued by administrative agencies
d. decisions of the courts in legal disputes - ANS -decisions of the courts in legal disputes
in ben v. city car dealership, a state supreme court held that a minor could cancel a contract for
the sale of a car. now a trial court in the same state is deciding daphne v. even Steven auto
deals inc. a case with similar facts. under the doctrine of stare decisis, the trail court is likely to
a. disregard the previous case
b. order the minor to cancel the contract
c. allow the minor to cancel the contract
d. require the minor to fulfill the contract - ANS -allow the minor to cancel the contract
, maggie and nate enter into a contract for the sale of car, but nate later refuses to deliver the
goods. maggie asks a court to order nate to perform as promised. ordering a party to perform
what was promised is
a. a type of harm
b. an unenforceable demand
c. a remedy at law
d. an equitable remedy - ANS -an equitable remedy
the courts can decide whether the other branches of government have acted within the scope of
their constitutional authority (T/F) - ANS -true
minimum contacts with a jurisdiction are never enough to support jurisdiction over a nonresident
defendant (T/F) - ANS -false
the term venue refers to the subject matter of a case (T/F) - ANS -false
the term alternative dispute resolution refers to any method for resolving a dispute outside the
court system (T/F) - ANS -true
cases involving diversity of citizenship arise only between citizens of different states (T/F) -
ANS -false
the maine state legislature passes a law to regulate local delivery services. the final authority
regarding the constitutionality of this law is
a. the judicial system
b. the US congress
c. the governor of Maine
d. the president of the United States - ANS -the judicial system
hope wants to file a suit against Gerry. for a court to hear the case
a. the parties must have no minimum contacts with each other
b. the parties must own property
c. Gerry must agree
d. the court must have jurisdiction - ANS -the court must have jurisdiction
inferior company sells products that are poorly made. jock, who has never bough an inferior
product, files a suit against inferior, alleging that its products are defective. the firm's best
ground for dismissal of the suit is that jock does not have
a. jurisdiction
b. standing
c. certiorari
d. sufficient minimum contacts - ANS -standing
the stability and predictability of the law is essential to business activities (T/F) - ANS -true
law is a body of enforceable rules governing relationships among individuals and between
individuals and their society (T/F) - ANS -true
common law is a term for law that is common throughout the world (T/F) - ANS -false
criminal law focuses on duties that exist between persons (T/F) - ANS -false
courts do not depart from precedents (T/F) - ANS -false
the legislature of the state of Mississippi enacts a new statute that sets standards for the liability
of businesses selling defective products. this statute applies
a. only in mississippi
b.only in mississippi and its border states
c. in all states but only to matters not covered by other states' laws
d. in all states - ANS -only in mississippi
hawaii enacts a state law that violates the US constitution. this law can be enforced by:
a. no one
b. the state of hawaii only
c. the federal government only
d. the united states supreme court only - ANS -no one
as a judge, diane applies common law rules. these rules develop from
a. uniform laws drafted by legal scholars
b. statues enacted by congress and the state legislatures
c. regulations issued by administrative agencies
d. decisions of the courts in legal disputes - ANS -decisions of the courts in legal disputes
in ben v. city car dealership, a state supreme court held that a minor could cancel a contract for
the sale of a car. now a trial court in the same state is deciding daphne v. even Steven auto
deals inc. a case with similar facts. under the doctrine of stare decisis, the trail court is likely to
a. disregard the previous case
b. order the minor to cancel the contract
c. allow the minor to cancel the contract
d. require the minor to fulfill the contract - ANS -allow the minor to cancel the contract
, maggie and nate enter into a contract for the sale of car, but nate later refuses to deliver the
goods. maggie asks a court to order nate to perform as promised. ordering a party to perform
what was promised is
a. a type of harm
b. an unenforceable demand
c. a remedy at law
d. an equitable remedy - ANS -an equitable remedy
the courts can decide whether the other branches of government have acted within the scope of
their constitutional authority (T/F) - ANS -true
minimum contacts with a jurisdiction are never enough to support jurisdiction over a nonresident
defendant (T/F) - ANS -false
the term venue refers to the subject matter of a case (T/F) - ANS -false
the term alternative dispute resolution refers to any method for resolving a dispute outside the
court system (T/F) - ANS -true
cases involving diversity of citizenship arise only between citizens of different states (T/F) -
ANS -false
the maine state legislature passes a law to regulate local delivery services. the final authority
regarding the constitutionality of this law is
a. the judicial system
b. the US congress
c. the governor of Maine
d. the president of the United States - ANS -the judicial system
hope wants to file a suit against Gerry. for a court to hear the case
a. the parties must have no minimum contacts with each other
b. the parties must own property
c. Gerry must agree
d. the court must have jurisdiction - ANS -the court must have jurisdiction
inferior company sells products that are poorly made. jock, who has never bough an inferior
product, files a suit against inferior, alleging that its products are defective. the firm's best
ground for dismissal of the suit is that jock does not have
a. jurisdiction
b. standing
c. certiorari
d. sufficient minimum contacts - ANS -standing
