Business law chapt - Study guides, Class notes & Summaries

Business Law Chapters 1, 3, 4, and 5 fully solved graded A+The base of our legal system - correct answer Largely based upon the English model. Also the Iroquois Native Americans played a role in the creation of our government. How many nations made up the Iroquois group? - correct answer 5, the mohawk, cayuga, oneida, onondaga, and seneca. Sachems were chosen by each tribe and they met in the League of Nations. Federalism - correct answer The Iroquois created this, its how to have two leve...

business law Collin College -Business Law Exam 1 Chapters 1-7 questions with answersDefinition of law - correct answer Enforceable rules governing relationships among individuals and between individuals and their society Function of law - correct answer Provide stability predictability and continuity Sources of American Law - correct answer Constitution statutory administrative common law Common Law started in? - correct answer England Legal v. Equitable remedies - correct answer Leg...

Business Law Exam 1 Chapters 1-7Definition of law - correct answer Enforceable rules governing relationships among individuals and between individuals and their society Function of law - correct answer Provide stability predictability and continuity Sources of American Law - correct answer Constitution statutory administrative common law Common Law started in? - correct answer England Legal v. Equitable remedies - correct answer Legal- money or items of value (land) Equitable- speci...

Business Law Chapters 1, 3, 4, and 5The base of our legal system - correct answer Largely based upon the English model. Also the Iroquois Native Americans played a role in the creation of our government. How many nations made up the Iroquois group? - correct answer 5, the mohawk, cayuga, oneida, onondaga, and seneca. Sachems were chosen by each tribe and they met in the League of Nations. Federalism - correct answer The Iroquois created this, its how to have two levels of government, each ...

Business ethics involve only the ethics of the organization. - ANSWERFalse Ethics and the law are interrelated. - ANSWERTrue Prohibition of alcohol sales and consumption in the United States was due to the ethical beliefs of some members of society. - ANSWERTrue The case of Dodge v. Ford Motor Co. resulted in a court opinion that defined the duty of a corporation. According to the court, a corporation has a primary duty to maximize profits and to protect the interests of its owners. - ANSWERT...

Assume that Congress passes a law establishing a new administrative agency to oversee cyberlaw issues. The agency writes rules to enable it to carry out its duties. The rules written by the agency will be known as a part of - Answer ADMINISTRATIVE LAW Richard is a state appeals court judge. In making judicial decisions, Richard issues rulings that are consistent with precedents established in similar cases within his jurisdiction. Richard is following the principle of - Answer STARE DECIS...

Business law chapter 1 questions fully solved Laws - correct answer Enforceable rules of conduct in a society Code - correct answer Laws grouped into an organized form Sovereign - correct answer A supreme ruler Common law - correct answer Law based on current standards or customs of the people Positive law - correct answer Laws made by man that require some specific action Jurisdiction - correct answer Power of a court to decide a case Jury - correct answer Panel of citizens wh...

1.1 The doctrine of precedent is beneficial because it ensures predictability in the court system 1.1 The system of government used by the Iroquois Native Americans and the League of the Iroquois was the inspiration for our government by providing an example of a(n): A two level government, each with its own specific powers. 1.1 Mediation, a form of dispute resolution, has its roots in the laws of England...In the tenth century, England was divided into shires, and the day-to-da...

Administrative Law - correct answer the area of law dealing with the legislature creating statute agencies that will regulate industries or other conduct Common Law - correct answer customs which have become recognized by the courts as binding in the community Constitutional Law - correct answer the laws creating the formation of the government, authorizing those acts which ...