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MGMT 311 Exam 1 TAMU Questions and Answers

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MGMT 311 Exam 1 TAMU Questions and Answers

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2025/2026
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MGMT 311 Exam 1 TAMU Questions
and Answers34

What 3 decisions can an appellate court make? - ANSWERS-affirm, reverse, & modify



affirm - ANSWERS-To declare that a court ruling is valid and must stand (most common)



reverse remand & render - ANSWERS-remand: send back to trial court for another trial

render: send back to trial court with the ruling in favor of appellate



modify - ANSWERS-the court may change the remedies granted to appellee



appeal to higher court - ANSWERS-No Automatic right of appeal to state or US supreme court

Losing party may only appeal to US Supreme Court from state supreme court if a federal
question was involved; otherwise, state supreme court decision is final



enforcing the judgement - ANSWERS-- court assistance in collection & writ of execution

- availability of assets



Court Assistance in Collection - ANSWERS-Force to liquidate and pay & may enforce Writ of
Execution (selling defendants nonexempt assets until remedy can be paid to plaintiff)



Availability of Assets - ANSWERS-usually a plaintiff looks to see if the defendant has sufficient
assets before the suit is filed & during discovery the attorney looks to locate assets of the
defendant that might be available to settle judgement

,Where are federal and state statutory laws found? - ANSWERS-U.S and state codes



when does federal question not apply? - ANSWERS-- personal injury cases

- breach of contract



What are the 4 sources of law? - ANSWERS-Constitutions, Statues, Administrative law, &
Common Law



What is a law? - ANSWERS-Enforceable rules governing relationships between individuals and
their society



What does constitutional law do? - ANSWERS-Establishes organization, powers, and limits of the
government



What are the two types of constitutional law? - ANSWERS-U.S & State



U.S. Constitution - ANSWERS-Supreme law of the land, creates national government, & 10th
amendment reserves all powers not granted to the federal government to the states



State Constitutions - ANSWERS-Create state governments, highest form of law within borders of
a state, subject to U.S Consitiution, creates differences among the states



Which law always stands? - ANSWERS-Federal law



Statutory law - ANSWERS-created by congress and state legislature, found in federal and state
code of laws, can't violate constitutional law, municipal/ county government, & uniform laws



Federal statutes cover what issues? - ANSWERS-federal issues & civil rights act

,State statutes cover what issues? - ANSWERS-state issues



What is the purpose of municipal/ county governments? - ANSWERS-To enact ordinances, which
governs matters not already covered by state or federal law & cannot violate state or U.S
Consitutions



What are uniform laws? - ANSWERS-Laws that are the same across all 50 states. State
legislatures may adopt or reject uniform laws. If accepted, the law becomes apart of the state
statutory law.



What is the most accepted uniform law? - ANSWERS-UCC (uniform commercial code): making
businesses & commerce the same across all states



Administrative law - ANSWERS-Can have local, state, or federal agencies



Agency functions of administrative law - ANSWERS-Legislative: rule making, Executive:
investigation & enforcement, and Judicial: to judge (adjudication)



Federal agencies - ANSWERS-executive agencies and independent regulatory agencies



What are some examples of independent regulatory agencies? - ANSWERS-FDA, SEC & EPA



Common law - ANSWERS-case law & judge-made law



The common law tradition - ANSWERS-English ancestry

Courts/remedies at law: kings court & resolved with something of value

, Courts/remedies at equity: chancellor & resolved with specific performance, injunction, or
recession if it couldn't be settled with something of value



What are the 3 types of legal remedies (remedies at law) - ANSWERS-compensatory
damages/general damages, punitive/exemplary damages, & nominal damages



list the 3 types of special damages - ANSWERS-loss of time, loss of money & property damage



list the 5 types of general damages - ANSWERS-pain/ suffering, injury to reputation, mental
anguish, disfigurement, & loss of earning capacity



loss of earning capacity is an example of what - ANSWERS-compounding effect



What is the purpose of punitive/exemplary damages? - ANSWERS-To punish the wrongdoer & is
added on to compensatory damages



What are nominal damages? - ANSWERS-Symbolic damages used to prove a point usually with
little amounts of money involved ($5)



When are equitable remedies available? - ANSWERS-if the legal remedy is inadequate or to
prevent unjust enrichment



What are the 3 types of equitable remedies? - ANSWERS-specific performance, injunction,
rescission



What is specific performance? - ANSWERS-An equitable remedy in which the court (rather than
awarding money damages for the breach of contract) orders the parties to perform the contract
exactly according to its terms

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