BULE 303 Test Questions and Correct Verified Answers Latest Version

Ethics The study of what constitutes right or wrong behavior; moral principals and values applied to social behavior. Business Ethics What constituters right or wrong behavior and the application of moral principals in the business context. Triple bottom line Focuses on a corporation'...

AT&T wants to obtain additional rights to operate within the 700 MHz spectrum in the U.S. The Federal Communications Commission (FCC) has rules and regulations that govern wireless spectrum auction. The FCC is an administrative agency Theo is injured at work and files a workers' compensati...

Agency, there are two parties: Agent, and principal Agent Represents/acts for another party Principal Has an agent represent for him/herself Fiduciary A relationship of trust, each party owes the other the duty to act with the utmost good faith Salesperson Is the agent of the store...

What is known as the supreme law of the land? Constitutional law What are the 4 bodies of law? 1. Constitutional law 2. Admin. Law 3. Statutory law 4. Case law & Common law doctrines The body of law derived from the U.S. Constitution and the constitutions of the various states. Term? ...