LES 305 (ASU) CH1 EXAM QUESTIONS
AND ANSWERS
Statutory Law at the Federal Level - Answer-Congressional law, executive orders,
federal administrative regulations.
United States Code - Answer-Laws passed by congress become part of this.
Citation (Cite) - Answer-Legal Shorthand
Executive Orders - Answer-Laws of the executive brach of the federal government and
deal with those matters under the direct control of that branch.
Statutory Law at the State Level - Answer-Legislative law and state codes and state
administrative law
State Codes - Answer-Contain the states' criminal laws, laws for incorporation, laws
governing partnerships, and contract law. Passed by the legislature.
Uniform Laws - Answer-Drafted by groups of businesspeople, scholars, and lawyers in
an effort to make interstate business less complicated.
Uniform Commercial Code - Answer-Governs contracts for the sale of goods,
commercial paper, security interests, and other types of commercial transactions.
Bilateral Treaties - Answer-Treaties between two nations.
Multilateral Treaties - Answer-Treaties made among several nations.
Universal Treaties - Answer-Treaties recognized by almost all nations.
Party Autonomy - Answer-Allows firms to operate uniformly throughout the world if their
contracts are recognized as valid in most countries.
Act of State Doctrine - Answer-Theory that protects governments from reviews of their
actions by courts in other countries.
Treaty - Answer-Agreement between or among nations on a subject of international law
signed by the leaders of the nations and ratified by the nations' governing bodies.
European Union - Answer-Tariff-free group of European countries that have joined
together to enjoy the benefits of barrier-free trade.
Law - Answer-The body of rules governing individuals and their relationships (give us
basic freedoms, rights, and protections).
AND ANSWERS
Statutory Law at the Federal Level - Answer-Congressional law, executive orders,
federal administrative regulations.
United States Code - Answer-Laws passed by congress become part of this.
Citation (Cite) - Answer-Legal Shorthand
Executive Orders - Answer-Laws of the executive brach of the federal government and
deal with those matters under the direct control of that branch.
Statutory Law at the State Level - Answer-Legislative law and state codes and state
administrative law
State Codes - Answer-Contain the states' criminal laws, laws for incorporation, laws
governing partnerships, and contract law. Passed by the legislature.
Uniform Laws - Answer-Drafted by groups of businesspeople, scholars, and lawyers in
an effort to make interstate business less complicated.
Uniform Commercial Code - Answer-Governs contracts for the sale of goods,
commercial paper, security interests, and other types of commercial transactions.
Bilateral Treaties - Answer-Treaties between two nations.
Multilateral Treaties - Answer-Treaties made among several nations.
Universal Treaties - Answer-Treaties recognized by almost all nations.
Party Autonomy - Answer-Allows firms to operate uniformly throughout the world if their
contracts are recognized as valid in most countries.
Act of State Doctrine - Answer-Theory that protects governments from reviews of their
actions by courts in other countries.
Treaty - Answer-Agreement between or among nations on a subject of international law
signed by the leaders of the nations and ratified by the nations' governing bodies.
European Union - Answer-Tariff-free group of European countries that have joined
together to enjoy the benefits of barrier-free trade.
Law - Answer-The body of rules governing individuals and their relationships (give us
basic freedoms, rights, and protections).
