Business Law: Text &
ST
Exercises 10th Edition
UV
TEST BANK
IA
?_
AP
Roger LeRoy Miller
PR
Comprehensive Test Bank for Instructors
OV
and Students
ED
© Roger LeRoy Miller. All rights reserved. Reproduction or distribution without permission
is prohibited
??
©DREAMSHUB
, Test Bank for Business Law: Text & Exercises (10th Edition)
ISBN: 9780357717417
Author: Roger LeRoy Miller
ST
Chapter 1: Introduction to the Law
Chapter 2: Ethics in Business
Chapter 3: The Courts and Our Legal System
Chapter 4: Constitutional Law
UV
Chapter 5: Business Torts
Chapter 6: Intellectual Property
Chapter 7: Business Crimes
Chapter 8: Introduction to Contracts
Chapter 9: Offer and Acceptance
IA
Chapter 10: Consideration
Chapter 11: Capacity
Chapter 12: The Legality of Agreements
Chapter 13: Voluntary Consent
?_
Chapter 14: Contracts That Must Be in Writing
Chapter 15: Third Party Rights
Chapter 16: Termination and Remedies
Chapter 17: Introduction to Sales and Lease Contracts
Chapter 18: Title and Risk of Loss
AP
Chapter 19: Performance and Breach
Chapter 20: Warranties and Product Liability
Chapter 21: Consumer Protection
Chapter 22: The Essentials of Negotiability
Chapter 23: Negotiable Instruments: Transfer and Liability
PR
Chapter 24: Banking
Chapter 25: Agency Relationships
Chapter 26: Employment, Immigration, and Labor Law
Chapter 27: Employment Discrimination
Chapter 28: Types of Business Organizations
OV
Chapter 29: Formation and Ownership of a Corporation
Chapter 30: Management of a Corporation
Chapter 31: Combining and Dissolving Corporations
Chapter 32: Security Interests and Creditors’ Remedies
Chapter 33: Mortgages
Chapter 34: Bankruptcy
ED
Chapter 35: Insurance
Chapter 36: Personal Property
Chapter 37: Bailments
Chapter 38: Real Property
Chapter 39: Landlord and Tenant Law
??
Chapter 40: Wills and Trusts
Chapter 41: Administrative Law
Chapter 42: Antitrust Law
Chapter 43: International and Space Law
©DREAMSHUB
, Name: Class: Date:
Chapter 01: Introduction to the Law
1. Law consists of enforceable rules governing individuals and their society.
a. True
b. False
ST
ANSWER: True
2. Laws and government regulations affect almost all business activities.
a. True
UV
b. False
ANSWER: True
3. Business people do not need to understand court processes because if they are sued, the lawyers will know those rules.
a. True
IA
b. False
ANSWER: False
4. The study of business law involves an ethical dimension.
?_
a. True
b. False
ANSWER: True
5. Small-business owners are company leaders who do not have to deal with management issues and understand the
AP
detailed laws.
a. True
b. False
ANSWER: False
PR
6. Precedents are court decisions that guide future legal decisions to create stability, consistency, and predictability.
a. True
b. False
ANSWER: True
OV
7. A small-business owner is likely to face legal questions when determining ways to reduce business taxes.
a. True
b. False
ANSWER: True
ED
8. Administrative agencies make rules and regulations called administrative law.
a. True
b. False
ANSWER: True
??
9. Stare decisis is a doctrine obligating judges to help persons who have failed to protect their own rights.
a. True
b. False
ANSWER: False
Copyright Cengage Learning. Powered by Cognero. Page 1
, Name: Class: Date:
Chapter 01: Introduction to the Law
10. In a common law system, judges are obligated to follow the precedents established within their jurisdictions.
a. True
ST
b. False
ANSWER: True
11. Courts may depart from precedents.
UV
a. True
b. False
ANSWER: True
12. Damages traditionally were awarded by courts of law only.
a. True
IA
b. False
ANSWER: True
?_
13. Remedies in equity include injunctions.
a. True
b. False
ANSWER: True
AP
14. In most states, the courts no longer grant “equitable” remedies.
a. True
b. False
ANSWER: False
PR
15. The term “common law” refers to law that is common throughout the world.
a. True
b. False
ANSWER: False
OV
16. Constitutional law includes only the U.S. Constitution.
a. True
b. False
ANSWER: False
ED
17. A state constitution is supreme within the state borders and will govern state issues even if it conflicts with the U.S.
Constitution.
a. True
b. False
ANSWER: False
??
18. A constitution sets forth a government’s general organization.
a. True
b. False
Copyright Cengage Learning. Powered by Cognero. Page 2
ST
Exercises 10th Edition
UV
TEST BANK
IA
?_
AP
Roger LeRoy Miller
PR
Comprehensive Test Bank for Instructors
OV
and Students
ED
© Roger LeRoy Miller. All rights reserved. Reproduction or distribution without permission
is prohibited
??
©DREAMSHUB
, Test Bank for Business Law: Text & Exercises (10th Edition)
ISBN: 9780357717417
Author: Roger LeRoy Miller
ST
Chapter 1: Introduction to the Law
Chapter 2: Ethics in Business
Chapter 3: The Courts and Our Legal System
Chapter 4: Constitutional Law
UV
Chapter 5: Business Torts
Chapter 6: Intellectual Property
Chapter 7: Business Crimes
Chapter 8: Introduction to Contracts
Chapter 9: Offer and Acceptance
IA
Chapter 10: Consideration
Chapter 11: Capacity
Chapter 12: The Legality of Agreements
Chapter 13: Voluntary Consent
?_
Chapter 14: Contracts That Must Be in Writing
Chapter 15: Third Party Rights
Chapter 16: Termination and Remedies
Chapter 17: Introduction to Sales and Lease Contracts
Chapter 18: Title and Risk of Loss
AP
Chapter 19: Performance and Breach
Chapter 20: Warranties and Product Liability
Chapter 21: Consumer Protection
Chapter 22: The Essentials of Negotiability
Chapter 23: Negotiable Instruments: Transfer and Liability
PR
Chapter 24: Banking
Chapter 25: Agency Relationships
Chapter 26: Employment, Immigration, and Labor Law
Chapter 27: Employment Discrimination
Chapter 28: Types of Business Organizations
OV
Chapter 29: Formation and Ownership of a Corporation
Chapter 30: Management of a Corporation
Chapter 31: Combining and Dissolving Corporations
Chapter 32: Security Interests and Creditors’ Remedies
Chapter 33: Mortgages
Chapter 34: Bankruptcy
ED
Chapter 35: Insurance
Chapter 36: Personal Property
Chapter 37: Bailments
Chapter 38: Real Property
Chapter 39: Landlord and Tenant Law
??
Chapter 40: Wills and Trusts
Chapter 41: Administrative Law
Chapter 42: Antitrust Law
Chapter 43: International and Space Law
©DREAMSHUB
, Name: Class: Date:
Chapter 01: Introduction to the Law
1. Law consists of enforceable rules governing individuals and their society.
a. True
b. False
ST
ANSWER: True
2. Laws and government regulations affect almost all business activities.
a. True
UV
b. False
ANSWER: True
3. Business people do not need to understand court processes because if they are sued, the lawyers will know those rules.
a. True
IA
b. False
ANSWER: False
4. The study of business law involves an ethical dimension.
?_
a. True
b. False
ANSWER: True
5. Small-business owners are company leaders who do not have to deal with management issues and understand the
AP
detailed laws.
a. True
b. False
ANSWER: False
PR
6. Precedents are court decisions that guide future legal decisions to create stability, consistency, and predictability.
a. True
b. False
ANSWER: True
OV
7. A small-business owner is likely to face legal questions when determining ways to reduce business taxes.
a. True
b. False
ANSWER: True
ED
8. Administrative agencies make rules and regulations called administrative law.
a. True
b. False
ANSWER: True
??
9. Stare decisis is a doctrine obligating judges to help persons who have failed to protect their own rights.
a. True
b. False
ANSWER: False
Copyright Cengage Learning. Powered by Cognero. Page 1
, Name: Class: Date:
Chapter 01: Introduction to the Law
10. In a common law system, judges are obligated to follow the precedents established within their jurisdictions.
a. True
ST
b. False
ANSWER: True
11. Courts may depart from precedents.
UV
a. True
b. False
ANSWER: True
12. Damages traditionally were awarded by courts of law only.
a. True
IA
b. False
ANSWER: True
?_
13. Remedies in equity include injunctions.
a. True
b. False
ANSWER: True
AP
14. In most states, the courts no longer grant “equitable” remedies.
a. True
b. False
ANSWER: False
PR
15. The term “common law” refers to law that is common throughout the world.
a. True
b. False
ANSWER: False
OV
16. Constitutional law includes only the U.S. Constitution.
a. True
b. False
ANSWER: False
ED
17. A state constitution is supreme within the state borders and will govern state issues even if it conflicts with the U.S.
Constitution.
a. True
b. False
ANSWER: False
??
18. A constitution sets forth a government’s general organization.
a. True
b. False
Copyright Cengage Learning. Powered by Cognero. Page 2
