Business Its Legal, Ethical, and Global Environment, 10e Jennings
Brief Contents
Contents
Preface
About the Author
Acknowledgments
Part 1: Business: Its Legal, Ethical, and Judicial Environment
Ch 1: Introduction to Law
1-1: Definition of Law
1-2: Classifications of Law
1-3: Purposes of L...
1. Violations of civil laws can result in imprisonment. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law KEYWORDS: Bloom's: Knowledge 2. If conduct is a criminal violation, it cannot also be a civil violation. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law KEYWORDS: Bloom's: Comprehension 3. There are no criminal laws at the federal level. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law KEYWORDS: Bloom's: Knowledge 4. Terms of a consulting contract are an example of private law. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law KEYWORDS: Bloom's: Knowledge 5. Substantive laws provide the means and mechanisms for the enforcement of laws. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law KEYWORDS: Bloom's: Knowledge 6. Stare decisis is Latin for "let the decision stand." a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law KEYWORDS: Bloom's: Knowledge 7. The common law in each state is the same. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law KEYWORDS: Bloom's: Knowledge 8. Jurisprudence is legal philosophy. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: The Theory of Law: Jurisprudence KEYWORDS: Bloom's: Knowledge 9. Zoning laws are substantive only. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Classifications of Law Sources of Law KEYWORDS: Bloom's: Application 10. The scholars of jurisprudence generally agree on the theory of law. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: The Theory of Law: Jurisprudence KEYWORDS: Bloom's: Knowledge 11. Statutory law exists at all levels of government. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Sources of Law KEYWORDS: Bloom's: Knowledge 12. The United States Code includes laws on anticompetitive activities as well as laws regulating the sale of securities. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - OH - AICPA: BB-Legal TOPICS: Sources of Law KEYWORDS: Bloom's: Application 13. Ordinances are generally found in state legislative codes. a. True b. False ANSWER: False POINTS: 1
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