LSB 3213 HOLDEN EXAM 1 STUDY GUIDE WITH SOLUTIONS
Blacks LAw Dictionary, as cited in the text book defines law as each of the following except:
A. A body of rules
B. Conduct Prescribed by a controlling authority
C. A tool for regulationg personal ethics
D. Having the power to bind persons Corr...
Blacks LAw Dictionary, as cited in the text book defines law as each of the following except:
A. A body of rules
B. Conduct Prescribed by a controlling authority
C. A tool for regulationg personal ethics
D. Having the power to bind persons Correct Answer-C. A tool for regulationg personal
ethics
The U.S. Constitution created three branches in the federal government. Those three branches
are:
A. Administrative, legislative, executive
B. Federal, state, local
C. Executive, legislative and judicial
D. Civil, criminal and equity Correct Answer-C. Executive, legislative and judicial
In commerce today, the intent of laws are all of the following except
a. to promote good faith
b. to promote maximum profits
, LSB 3213 HOLDEN EXAM 1 STUDY GUIDE WITH SOLUTIONS
c. to encourage fair dealing
d. to create reliability Correct Answer-b. to promote maximum profits
Irina promised to mow Axel's lawn. In return, Axel paid her $500.00. When Irina arrived, she
became mad at Axel and only mowed one strip of grass and then mowed over his foot and
through his prized flower garden and then left. Which statement below is correct:
a. Axel can only sue Irina for one category of law, such as breach of contract because laws are
mutually exclusive
b. Technically Irina did mow part of Axel's lawn and partial completion of a contract bars
bringing a lawsuit
c. Axel could sue for multiple causes of actions because one particular act of transaction may
be classified in more than one legal category
d. Axel would be barred from recovery because he invited Irina to his house Correct
Answer-c. Axel could sue for multiple causes of actions because one particular act of
transaction may be classified in more than one legal category
Secondary sources of law
a. Are used as precedent when there is no primary source of law that applies to the facts of a
case.
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