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Business Law Mid Term Ivy Tech Questions With Complete Solutions
- Exam (elaborations) • 11 pages • 2023
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A federal statute applies only to those states that agree to apply it within their borders. correct answer: False 
 
The commerce clause has never been held to support the federal regulation of noncommercial activities that take place wholly within a state's borders. correct answer: False 
 
The commerce clause has had no greater impact on business than any other provision in the Constitution. correct answer: False 
 
State governments do not have any authority to regulate interstate commerc...
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Business Law Ivy Tech| 100 Questions| With Complete Solutions
- Exam (elaborations) • 16 pages • 2023
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What does Law establish? correct answer: establishes rights, duties and privileges that are consistent with the values and beliefs of a society or its ruling group 
 
What does the Law consist of? correct answer: consists of enforceable rules governing relationships among individuals and between individuals and their society 
 
What is Constitutional Law? correct answer: found in text and cases arising from federal and state constitutions 
US Constitution is the supreme law of the land 
 
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