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[Show more]Justice - ANSWER-Generally may be defined as the fair, equitable, and impartial 
treatment of the competing interests and desires of individuals and groups with due 
regard for the common good. 
What is a right? - ANSWER-A right is the capacity of a person, with the aid of the law, to 
require anoth...
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Add to cartJustice - ANSWER-Generally may be defined as the fair, equitable, and impartial 
treatment of the competing interests and desires of individuals and groups with due 
regard for the common good. 
What is a right? - ANSWER-A right is the capacity of a person, with the aid of the law, to 
require anoth...
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Product Life Cycle - ANSWER-introduction, growth, maturity, decline 
Greater Comparative Advantage means faster growth 
new product - ANSWER-a good, service, or idea that is perceived by some 
potential customers as new 
continuous innovation - ANSWER-a modification of an existing product that sets ...
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Add to cartProduct Life Cycle - ANSWER-introduction, growth, maturity, decline 
Greater Comparative Advantage means faster growth 
new product - ANSWER-a good, service, or idea that is perceived by some 
potential customers as new 
continuous innovation - ANSWER-a modification of an existing product that sets ...
BUSI 404: Law Exam 1 (With complete 
solutions 100%) 
Functions of law - ANSWER-1. Establish order/peace keeping 
2. Establish standards/morals 
3. Protection of the state 
4. Protection of property 
5. Stability 
6. Settle dispute 
Definition of law - ANSWER-a rule of civil conduct prescribed by th...
Preview 2 out of 10 pages
Add to cartBUSI 404: Law Exam 1 (With complete 
solutions 100%) 
Functions of law - ANSWER-1. Establish order/peace keeping 
2. Establish standards/morals 
3. Protection of the state 
4. Protection of property 
5. Stability 
6. Settle dispute 
Definition of law - ANSWER-a rule of civil conduct prescribed by th...
BUSI 404 (Updated 2024) Midterm (100% 
correct answers) 
Law - ANSWER-Concerns the relations between individuals as such relations 
affect the social and economic order. It is a product of civilization and the means 
by which civilization is maintained. Reflects the social, economic, political, 
rel...
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Add to cartBUSI 404 (Updated 2024) Midterm (100% 
correct answers) 
Law - ANSWER-Concerns the relations between individuals as such relations 
affect the social and economic order. It is a product of civilization and the means 
by which civilization is maintained. Reflects the social, economic, political, 
rel...
BUS Law 3220 Exam 2 Questions and 
answers 
What is the Supremacy clause and where will you find it - ANSWER-The 
supremacy clause makes clear that the constitution, federal laws, federal 
regulations, and treaties take superiority over similar state laws, this was made 
so the supreme court could e...
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Add to cartBUS Law 3220 Exam 2 Questions and 
answers 
What is the Supremacy clause and where will you find it - ANSWER-The 
supremacy clause makes clear that the constitution, federal laws, federal 
regulations, and treaties take superiority over similar state laws, this was made 
so the supreme court could e...
Where does the Federal Gov't get its authority from? - ANSWER-Constitution 
What tool did Congress create to come up with details on how to regulate 
securities (a way of delegating legislative authority) - ANSWER-Administrative 
Agencies 
Who are the creators of the law? - ANSWER-Legislators 
To g...
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Add to cartWhere does the Federal Gov't get its authority from? - ANSWER-Constitution 
What tool did Congress create to come up with details on how to regulate 
securities (a way of delegating legislative authority) - ANSWER-Administrative 
Agencies 
Who are the creators of the law? - ANSWER-Legislators 
To g...
BUS 404 Midterm 2. A+ Graded (Errorless 
answers 100%) 
T/F: The government intervenes to thwart anticompetitive behaviors throughout 
the marketplace - ANSWER-True 
T/F: A natural monopoly exists where a single large firm, such as a utility, is more 
efficient than several small ones - ANSWER-True ...
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Add to cartBUS 404 Midterm 2. A+ Graded (Errorless 
answers 100%) 
T/F: The government intervenes to thwart anticompetitive behaviors throughout 
the marketplace - ANSWER-True 
T/F: A natural monopoly exists where a single large firm, such as a utility, is more 
efficient than several small ones - ANSWER-True ...
BUS 404 Final (Updated/ Verified solutions/ 
A+ Graded already) 
Which of the following federal regulatory agencies was not created by the United 
States Congress in the 1970s? 
- The Occupational Safety and Health Administration (OSHA) 
- The Environmental Protection Agency (EPA) 
- The National La...
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Add to cartBUS 404 Final (Updated/ Verified solutions/ 
A+ Graded already) 
Which of the following federal regulatory agencies was not created by the United 
States Congress in the 1970s? 
- The Occupational Safety and Health Administration (OSHA) 
- The Environmental Protection Agency (EPA) 
- The National La...
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