Wgu c713 - Study guides, Class notes & Summaries
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WGU C713 Business Law Version 3 Latest 2023 Graded A+
- Exam (elaborations) • 32 pages • 2023
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WGU C713 Business Law Version 3 Latest 2023 Graded A+ What purpose does the law serve in our society? To resolve conflicts in our society without the ise of volence. 
What are the three branches of government? Executive, Legislative, and Judicial 
What is Statutory Law? Law that is created by a legislative body, known as congress, at the federal Level. 
What is common Law? Is Judge-Made Law. It is law that comes from previous Judge rulings in similar cases. 
What is administrative Law? A branch ...
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WGU C713 Business Law Latest Update 100% Solved
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WGU C713 Business Law Latest Update 100% Solved precedent the tendency to decide current rulings based on previous cases, only binding in lower courts 
common law judge made law, often created through many precedents 
judicial power gives the right to interpret laws and determine their validity 
statutes legislature to become a law 
laws bill (congress), simple majority in house and senate -> president (veto power) -> 2/3 in house and senate -> statute 
injunction order to stop doing so...
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WGU C713 exam questions and answers 2024
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An employee leaves the company office and is injured by a falling tree branch. The employee sues the company. The trial court rules that the company is liable for the worker's injury. This decision goes against past precedent, which held that employers are not liable for injuries to employees outside the office. The company appeals the decision and the US court of appeals holds in the company's favor. How will future rulings by judges who disagree with the court of appeals findings be affected...
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WGU C713: Business Law exam questions and answers 2024
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Role of Law in Society 
Law helps us settle disputes and regulate activity. 
 
 
 
Stare Decisis 
Latin for "let the decision stand". 
 
 
 
Common law 
Consists of case decisions. Is also called case law or judge-made law. 
 
 
 
Statutory Law 
Laws written and passed by legislature and signed by executive. 
 
 
 
Administrative Law 
Regulations produced by Federal Agencies. 
 
 
 
Treaties 
Agreements between US and foreign country negotiated by president and effective when ratified by 2/3 V...
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Intellectual Property (WGU C713) exam questions and answers 2024
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intangible creative work that is embodied in physical form and includes copyrights, trademarks, and patents 
intellectual property 
 
 
 
Patent 
An exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something or offers a new technical solution to a problem. 
 
 
 
Copyright 
The right to exclude others from using or marketing forms of expression. 
 
 
 
Trademark 
The right to prevent others from using a company's product nam...
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WGU BUSINESS LAW C713 (SCORED A+) 2024!!
- Exam (elaborations) • 27 pages • 2024
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WGU BUSINESS LAW C713 (SCORED A+) 2024!!
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LATEST WGU C713 BUSINESS LAW 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
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The legal system in the United States is comprised of - CORRECT ANSWER 1) both state and federal constitutions 
2) statutes and agency regulations 
3) judicial decisions 
 
Local and state laws may not conflict with - CORRECT ANSWER federal laws 
 
Primary sources of law - CORRECT ANSWER constitutional law, statutory law, common law, and administrative law 
 
the law serves to - CORRECT ANSWER 1) keep the peace 
2) maintain the status quo 
3) preserve individual ri...
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LATEST WGU C713 BUSINESS LAW VERSION 3 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
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What purpose does the law serve in our society? - CORRECT ANSWER To resolve conflicts in our society without the ise of volence. 
 
What are the three branches of government? - CORRECT ANSWER Executive, Legislative, and Judicial 
 
What is Statutory Law? - CORRECT ANSWER Law that is created by a legislative body, known as congress, at the federal Level. 
 
What is common Law? - CORRECT ANSWER Is Judge-Made Law. It is law that comes from previous Judge rulings in...
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WGU C713 Business Law Complete Study Set
- Other • 32 pages • 2023
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buyer invests money in a common enterprise and expects profit from others work - 
Security 
Government securities, bank securities, short term notes, non profit issues, 
insurance policy, annuity contracts - Exempt Securities 
Federal agency that enforces securities laws. - SEC (Securities and Exchange 
Commission) 
Bring cease and desist order against those who violate the law and can levy fines or 
confiscate profits from illegal transactions. - Functions of SEC 
Criminal action for SEC vio...
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Business Law WGU C713 Version 3 | 162 Questions and Answers(A+ Solution guide)
- Exam (elaborations) • 19 pages • 2023
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What purpose does the law serve in our society? -To resolve conflicts in our society without the 
ise of volence. 
What are the three branches of government? - Executive, Legislative, and Judicial 
What is Statutory Law? - Law that is created by a legislative body, known as congress, at the 
federal Level. 
What is common Law? -Is Judge-Made Law. It is law that comes from previous Judge rulings in 
similar cases. 
What is administrative Law? - A branch of law that governs the creation and operat...
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