100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank For Bundle Business Law Today Standard Edition 9th Edition by Roger LeRoy Miller $33.63   Add to cart

Exam (elaborations)

Test Bank For Bundle Business Law Today Standard Edition 9th Edition by Roger LeRoy Miller

 0 view  0 purchase
  • Course
  • Institution

Chapter 1 The Legal Environment N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows. N A question new to this edition of the Test Bank. + A question modified from the previous edition of the Test Bank, = A question included in the previous edition of the Test ...

[Show more]

Preview 4 out of 958  pages

  • September 28, 2023
  • 958
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
avatar-seller
, Chapter 1


The Legal Environment

N.B.: TYPE indicates that a question is new, modified, or unchanged,
as follows.

N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test
Bank,
= A question included in the previous edition of the Test Bank.


TRUE/FALSE QUESTIONS

1. The law establishes rights, duties, and privileges that are consistent
with the values of society.

ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Reflective AICPA Critical Thinking

2. Law includes enforceable rules governing relationships between
individuals and their society.

ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Legal

3. A federal law that conflicts with the U.S. Constitution will be deemed
unconstitutional.

ANSWER: T PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal
1
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted
to a publicly accessible website, in whole or in part.

,2 UNIT ONE: THE LEGAL ENVIRONMENT OF BUSINESS



4. Constitutional law includes only the U.S. Constitution.

ANSWER: F PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal




© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted
to a publicly accessible website, in whole or in part.

, CHAPTER 1: THE LEGAL ENVIRONMENT 3

5. A state law that conflicts with the U.S. Constitution will be deemed
unconstitutional.

ANSWER: T PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal

6. The U.S. Constitution is the supreme law of the United States.

ANSWER: T PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal

7. Whether a law is constitutional depends on its source.

ANSWER: F PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal

8. A state constitution is supreme within the state’s borders so long as it
does not conflict with the U.S. Constitution or a federal law.

ANSWER: T PAGE: 5 TYPE: =
NAT: AACSB Analytic AICPA Legal

9. Uniform laws apply in all states, including those in which the laws
have not been adopted.

ANSWER: F PAGE: 6 TYPE: =
NAT: AACSB Analytic AICPA Legal

10. Federal statutes apply to all states.

ANSWER: T PAGE: 6 TYPE: =
NAT: AACSB Analytic AICPA Legal

11. No state has adopted the Uniform Commercial Code in its entirety.

ANSWER: F PAGE: 6 TYPE: +
NAT: AACSB Reflective AICPA Legal

12. Federal administrative agencies specify the powers of Congress.


© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted
to a publicly accessible website, in whole or in part.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamsExpert. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $33.63. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77016 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$33.63
  • (0)
  Add to cart