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Test Bank For Bundle Business Law Today Standard Edition 9th Edition by Roger LeRoy Miller $31.65   Add to cart

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

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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 ...

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  • September 28, 2023
  • 958
  • 2022/2023
  • Exam (elaborations)
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, 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.

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