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TEST BANK FOR BUSINESS LAW AND CASES 12TH EDITION BY KENNETH W. CLARKSON, ROGER LEROY MILLER FRANK B. WITH ALL CHAPTER QUESTIONS AND DETAILED CORRECT ANSWERS 100% A+ $13.99   Add to cart

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TEST BANK FOR BUSINESS LAW AND CASES 12TH EDITION BY KENNETH W. CLARKSON, ROGER LEROY MILLER FRANK B. WITH ALL CHAPTER QUESTIONS AND DETAILED CORRECT ANSWERS 100% A+

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TEST BANK FOR BUSINESS LAW AND CASES 12TH EDITION BY KENNETH W. CLARKSON, ROGER LEROY MILLER FRANK B. WITH ALL CHAPTER QUESTIONS AND DETAILED CORRECT ANSWERS 100% A+

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  • May 30, 2024
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TEST BANK FOR BUSINESS LAW AND
CASES 12TH EDITION BY KENNETH W.
CLARKSON, ROGER LEROY MILLER FRANK
B. A+

, Chapter 1


Introduction to Law and
Legal Reasoning




TRUE/FALSE QUESTIONS


A1. The stability and predictability of the law is essential to business
activities.
ANSWER: T PAGE: 2 TYPE: =
NAT: AACSB Analytic AICPA Critical Thinking


A2. Law is a body of enforceable rules governing relationships among
individuals and between individuals and their society.


ANSWER: T PAGE: 2 TYPE: =


NAT: AACSB Analytic AICPA Legal


A3. A breach of a contract is a failure to perform it.

,ANSWER: T PAGE: 3 TYPE: N


NAT: AACSB Ethics AICPA Critical Thinking A4. Constitutional law
includes only the U.S. Constitution.
ANSWER: F PAGE: 4 TYPE: =


NAT: AACSB Analytic AICPA Legal


A5. A state constitution is supreme within the state’s borders.


ANSWER: T PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal A6. Whether a law is
constitutional depends on its source.
ANSWER: F PAGE: 4 TYPE: =


NAT: AACSB Analytic AICPA Legal


A7. Uniform laws apply in all states, including those in which the laws
have not been adopted.


ANSWER: F PAGE: 4 TYPE: =
NAT: AACSB Analytic AICPA Legal


A8. A state law that conflicts with the U.S.
Constitution will be deemed unconstitutional.


ANSWER: T PAGE: 4 TYPE: =


NAT: AACSB Analytic AICPA Legal A9. Statutory law does not
include county ordinances.

, ANSWER: F PAGE: 4 TYPE: =


NAT: AACSB Reflective AICPA Legal


A10. No state has adopted the Uniform Commercial Code in its entirety.


ANSWER: F PAGE: 5 TYPE: =


NAT: AACSB Reflective AICPA Legal


A11. Common law is a term for law that is common throughout the world.




ANSWER: F PAGE: 7 TYPE: =


NAT: AACSB Analytic AICPA Critical Thinking


A12. Damages is a remedy at law.




ANSWER: T PAGE: 7 TYPE: =


NAT: AACSB Analytic AICPA Legal


A13. Remedies in equity include injunctions and decrees of specific
performance.




ANSWER: T PAGE: 7 TYPE: =


NAT: AACSB Analytic AICPA Legal

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