corporate governance - ️️the law protecting the owners of a business organization
from the managers who run it for them
the _____________ ethic proved to be a great influence on modern capitalism, but its
focus on absolute moral values was replaced by a focus on wealth and mass
consumption ...
BUSA 2106 MIDTERM EXAM
corporate governance - ✔️✔️the law protecting the owners of a business organization
from the managers who run it for them
the _____________ ethic proved to be a great influence on modern capitalism, but its
focus on absolute moral values was replaced by a focus on wealth and mass
consumption - ✔️✔️protestant
the branch of government that is primarily responsible for interpreting the laws of the
land - ✔️✔️judicial branch
the ____ system is an important part of the tripartite system of government in the united
states - ✔️✔️court
jurisprudence - ✔️✔️the study of law, legal systems, and legal philosophy
law and "rule of law" are synonymous terms - ✔️✔️false
_________ jurisprudence supports the idea that law can and should change to meet
new developments in society - ✔️✔️sociological
__________________ law covers the legal principles that apply to government
agencies, bureaus, boards, or commissions - ✔️✔️administrative
law in the counties and cities is called - ✔️✔️ordinances
modern business ethics reflects elements of both formalism and consequentialism, but
tends to focus more heavily on ____________. - ✔️✔️consequentialism
it is a _________ based legal system that enables control by allowing people to exclude
others from interfering with what their efforts produce. - ✔️✔️property
property can be thought of as the central concept underlying ________ legal systems -
✔️✔️western
contract law - ✔️✔️enables an owner to exchange resources, especially at a future
date
, which idea of law tries to go beyond just the words of law to examine what police,
administrators, prosecutors, and judges are actually doing as they enforce, interpret,
and apply laws? - ✔️✔️legal realism
_______ law courts do not make law nor do their judges think themselves obligated to
follow prior judicial decisions, called precedents. - ✔️✔️civil
________________ law covers the legal principles that apply to government agencies,
bureaus, boards, or commissions. - ✔️✔️administrative
_________________ law deals with the method and means by which substantive law is
made and administered. - ✔️✔️procedural
________________ law defines the legal relationship of people with other people or
between them and the state. - ✔️✔️substantive
a _____ is a civil wrong other than a breach of contract. - ✔️✔️tort
under the ______________, laws that are made are generally and equally applicable.
they apply to all or most members of society and they apply to various groups in the
same way. under the rule of law, law applies to lawmakers as well as the rest of society.
- ✔️✔️rule of law
according to aristotle and other ancient philosophers, ________ law theory asserts that
law contains universal moral principles. - ✔️✔️natural
the _______________ amendment to the u.s. constitution asserts the right to "bear
arms" or weapons. - ✔️✔️second
________ law includes those matters that involve the regulation of society as opposed
to individuals interacting. - ✔️✔️public
diverse societies are characterized as societies that have a single, unified system of
ethical values that guide behavior - ✔️✔️false
_____law covers those legal problems and issues that concern your private resource
relationships with other people. - ✔️✔️private
in federal law, the legislation passed by the congress is called an act or _______. -
✔️✔️statute
_______________ is the doctrine of prior precedents. the latin meaning of these words
is "let the prior decision stand" - ✔️✔️stare decisis
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