Business Law Midterm & Final Study
Guide 2026 Questions and Answers
Graded A+
Law is often defined as the body of principles that courts will enforce - Correct
answer-True
Rights always stand alone, without any duties - Correct answer-False
Court decisions & statutes can take away rights created by the US Constitution -
Correct answer-False
One advantage of our current legal system is that the growth of technology has not
created many new laws - Correct answer-False
The right of privacy does not apply to intrusions into our privacy by means of new
technology - Correct answer-False
E-mail accounts of employees that are created through their employer are not
private - Correct answer-True
The private life of a nonpublic citizen is subject to public scrutiny - Correct
answer-False
,Statues are the only source of law - Correct answer-False
Within each state in the US, only one constitution is in force - Correct answer-
False
State legislatures, not Congress, enact statutory laws - Correct answer-False
Administrative regulations are a type of law - Correct answer-True
Courts can create law - Correct answer-True
The group of time-honored rules that courts have used to solve similar problems
for decades is called stare decisis - Correct answer-True
Treaties made by the US are not deemed part of the law - Correct answer-False
Uniform State Law generally is not applicable to business - Correct answer-False
Substantive law creates rights and duties - Correct answer-True
Law may be classified in terms of principles of law and principles of equity -
Correct answer-True
Our rights flow from: - Correct answer-the Constitution; federal statues; city
ordinances (all of the above)
,The right of privacy consists of: - Correct answer-both the right to be secure
against unreasonable searches by the government & the right to protections against
intrusions by others
Sheriff Jane desires to search your home. What law requires that the sheriff obtain
a search warrant? - Correct answer-4th Amendment
The right to privacy applies to protect you from unreasonable searches: - Correct
answer-to you personally; to your home; to your business (all of the above)
Technology: - Correct answer-has indeed created situations that require the
application of new rules of law
Statutory law is created by: - Correct answer-Congress; state legislatures; local
gvmt (all of the above)
Administrative regulations: - Correct answer-are essentially industry advisories
Legal principles expressed for the first time are called: - Correct answer-precedent
Laws can be classified in terms of: - Correct answer-Roman & English law;
substantive & procedural law; law & equity (all of the above)
If a statute requires arbitration of a dispute, then the arbitration decision is
generally not final and a party may obtain a court trial on all of the issues (a trial de
novo) - Correct answer-True
, Parties are legally prohibited from hiring private judge or referee to hear and
decide a dispute that they have with one another - Correct answer-False
Voir dire is the process by which jurors are selected: - Correct answer-True
A court will not shorten a lawsuit by granting a summary judgment if there are
important, disputed factual issues regarding a claim or defense - Correct answer-
True
In civil cases, a party can generally use discovery procedures to find out
information from the other party that related to the lawsuit - Correct answer-True
The testimony and opinions of experts cannot be admitted as evidence at trial -
Correct answer-False
Direct examination is questioning a witness by the attorney who called the witness
to testify - Correct answer-True
In a jury trial, the jury generaly resolves questions of fact & the judge resolves
questions of law - Correct answer-True
Ombudsmen do not generally have the power to legally hear & decide complaints -
Correct answer-True
The winning party in a civil lawsuit is generally awarded recovery of his or her
costs in the action - Correct answer-True
Guide 2026 Questions and Answers
Graded A+
Law is often defined as the body of principles that courts will enforce - Correct
answer-True
Rights always stand alone, without any duties - Correct answer-False
Court decisions & statutes can take away rights created by the US Constitution -
Correct answer-False
One advantage of our current legal system is that the growth of technology has not
created many new laws - Correct answer-False
The right of privacy does not apply to intrusions into our privacy by means of new
technology - Correct answer-False
E-mail accounts of employees that are created through their employer are not
private - Correct answer-True
The private life of a nonpublic citizen is subject to public scrutiny - Correct
answer-False
,Statues are the only source of law - Correct answer-False
Within each state in the US, only one constitution is in force - Correct answer-
False
State legislatures, not Congress, enact statutory laws - Correct answer-False
Administrative regulations are a type of law - Correct answer-True
Courts can create law - Correct answer-True
The group of time-honored rules that courts have used to solve similar problems
for decades is called stare decisis - Correct answer-True
Treaties made by the US are not deemed part of the law - Correct answer-False
Uniform State Law generally is not applicable to business - Correct answer-False
Substantive law creates rights and duties - Correct answer-True
Law may be classified in terms of principles of law and principles of equity -
Correct answer-True
Our rights flow from: - Correct answer-the Constitution; federal statues; city
ordinances (all of the above)
,The right of privacy consists of: - Correct answer-both the right to be secure
against unreasonable searches by the government & the right to protections against
intrusions by others
Sheriff Jane desires to search your home. What law requires that the sheriff obtain
a search warrant? - Correct answer-4th Amendment
The right to privacy applies to protect you from unreasonable searches: - Correct
answer-to you personally; to your home; to your business (all of the above)
Technology: - Correct answer-has indeed created situations that require the
application of new rules of law
Statutory law is created by: - Correct answer-Congress; state legislatures; local
gvmt (all of the above)
Administrative regulations: - Correct answer-are essentially industry advisories
Legal principles expressed for the first time are called: - Correct answer-precedent
Laws can be classified in terms of: - Correct answer-Roman & English law;
substantive & procedural law; law & equity (all of the above)
If a statute requires arbitration of a dispute, then the arbitration decision is
generally not final and a party may obtain a court trial on all of the issues (a trial de
novo) - Correct answer-True
, Parties are legally prohibited from hiring private judge or referee to hear and
decide a dispute that they have with one another - Correct answer-False
Voir dire is the process by which jurors are selected: - Correct answer-True
A court will not shorten a lawsuit by granting a summary judgment if there are
important, disputed factual issues regarding a claim or defense - Correct answer-
True
In civil cases, a party can generally use discovery procedures to find out
information from the other party that related to the lawsuit - Correct answer-True
The testimony and opinions of experts cannot be admitted as evidence at trial -
Correct answer-False
Direct examination is questioning a witness by the attorney who called the witness
to testify - Correct answer-True
In a jury trial, the jury generaly resolves questions of fact & the judge resolves
questions of law - Correct answer-True
Ombudsmen do not generally have the power to legally hear & decide complaints -
Correct answer-True
The winning party in a civil lawsuit is generally awarded recovery of his or her
costs in the action - Correct answer-True
