Wgu c713 business - Study guides, Class notes & Summaries
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WGU Business Law C713 BUNDLED exams 2023 with 100% correct answers
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WGU Business Law C713 exam 2023 with 100% correct answers
WGU C713 Study exam 2023 with 100% correct answers
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LATEST WGU - BUSINESS LAW C713 PRE-ASSESSMENT 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
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What is the principal source of stare decisis and precedent? 
 
A) Constitutional Law 
B) Administrative Law 
C) Statutory Law 
D) Common Law - CORRECT ANSWER Common Law 
 
A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve ...
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WGU Business Law C713 | 232 Questions and Answers 2023 Solved Correctly
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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 something 
true - most government ag...
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UPDATED WGU BUSINESS LAW BUNDLED EXAMS| DOWNLOAD TO SCORE A+
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LATEST WGU BUSINESS LAW FOR ACCOUNTANTS - C241 - PRE-ASSESSMENT PWHC.2 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
WGU - BUSINESS LAW C713 PRE-ASSESSMENT 
WGU BUSINESS LAW PRE-ASSESSMENT PKYO 2024-2025
WGU C713 BUSINESS LAW 2024-2025
LATEST WGU C713 BUSINESS LAW VERSION 3 2024-2025 QUESTIONS WITH 100% CORRECT ANSWERS
MICHIGAN BUILDER BUSINESS-LAW
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Business Law WGU C713 Version 3 | 162 Questions and Answers(A+ Solution guide)
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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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WGU Business Law C713 exam questions and answers 2024
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Which kind of law is made when an appellate court endorses a rule to be used in deciding court cases? 
Common Law 
 
 
 
Which kind of law is based on the customs of a group? 
Common Law 
 
 
 
Which kind of law is enacted by state or federal legislatures? 
Statutory Law 
 
 
 
Which type of law is used when the Federal Communications Commission publishes a regulation on cigarette advertising on television? 
Administrative Law 
 
 
 
A hair stylist and client disagree over whether the stylist pr...
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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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C713 - Business Law (WGU) exam questions and answers 2024
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Negligence 
Failure to exercise appropriate and or ethically ruled care expected to be exercised among specific circumstances. 
 
*Duty of Care, breach, proximate cause, and damages must be established in negligence case 
 
*court will typically compare the actions of the defendant to a "reasonable person" 
 
 
 
Mailbox Rule 
Acceptance is affected upon sending out the letter, not receiving it. 
 
 
 
Trespass to Land 
When someone enters onto, above, or below the surface of land owned by som...
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WGU - BUSINESS LAW C713 EXAM 2023 WITH 100% CORRECT ANSWERS
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What is the principal source of stare decisis and precedent? 
 
A) Constitutional Law 
B) Administrative Law 
C) Statutory Law 
D) Common Law 
Common Law 
 
 
 
A rent-to-own store offered for sale a sofa that was manufactured in a foreign county. The store intentionally represented that the sofa was made from leather, but in reality it was made from vinyl. A consumer used a credit card to purchase the sofa and hopes the Federal Trade Commission regulations can help resolve the dispute. 
 
How w...
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WGU: Business Law - C713 exam 2023 with 100% correct answers
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Define and describe "negotiation." 
negotiation is the transfer of an instrument in such form that the transferee becomes a holder 
requires both delivery and indorsement 
 
 
 
What are the two methods of negotiation? 
order instrument or a bearer instrument. 
 
Order Instrument 
contains the name of a payee capable of indorsing, as in "Pay to the order of Jamie Fowler. 
 
Bearer Instrument 
negotiated by delivery—that is, by transfer into another person's possession. Indorsement is not n...
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