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BULW 301 exam 1 Questions and Correct Verified Answers Latest Version
Law 
 consists of enforceable rules governing relationships among individuals 
and between individuals and their society 
Why do we have laws? 
 to provide stability, to keep society running, system in place if 
something goes wrong 
Liability 
 the state of being legally responsible (liable) for something such as a 
debt or obligation 
Ethics 
 the principles governing what constitutes right or wrong behavior 
Primary or secondary: US Constitution 
Master01 | September, 2024/2025 | Latest up...
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- Exam (elaborations)
- • 25 pages •
Law 
 consists of enforceable rules governing relationships among individuals 
and between individuals and their society 
Why do we have laws? 
 to provide stability, to keep society running, system in place if 
something goes wrong 
Liability 
 the state of being legally responsible (liable) for something such as a 
debt or obligation 
Ethics 
 the principles governing what constitutes right or wrong behavior 
Primary or secondary: US Constitution 
Master01 | September, 2024/2025 | Latest up...
Bule GMU Final Exam Study Guide Questions and Correct Verified Answers Latest Version
Model Business Corporation Act (MBCA) 
 A codification of modern corporation law that has influential in the 
drafting and revision of state corporation statutes. 
RMBCA 
 Revised model business corporation act. 
Corporation 
 A legal entity formed in compliance with statutory requirements that is 
distinct from it's shareholder-owners. It can be owned by a single 
person or millions of shareholders. Recognized as a 'person' and enjoys 
many of the same rights and privileges under s...
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- Exam (elaborations)
- • 58 pages •
Model Business Corporation Act (MBCA) 
 A codification of modern corporation law that has influential in the 
drafting and revision of state corporation statutes. 
RMBCA 
 Revised model business corporation act. 
Corporation 
 A legal entity formed in compliance with statutory requirements that is 
distinct from it's shareholder-owners. It can be owned by a single 
person or millions of shareholders. Recognized as a 'person' and enjoys 
many of the same rights and privileges under s...
Exam 1 - Bule 303 Questions and Correct Verified Answers Latest Version
What is known as the supreme law of the land? 
 Constitutional law 
What are the 4 bodies of law? 
 1. Constitutional law 
 2. Admin. Law 
 3. Statutory law 
 4. Case law & Common law doctrines 
The body of law derived from the U.S. Constitution and the constitutions of the 
various states. Term? 
 Constitutional law 
Body of law enacted by legislative bodies. Term? 
 Statutory law 
Master01 | September, 2024/2025 | Latest update 
1 | P a g e | © copyright 2024/2025 | Grade A+ 
Rules of law an...
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- Exam (elaborations)
- • 10 pages •
What is known as the supreme law of the land? 
 Constitutional law 
What are the 4 bodies of law? 
 1. Constitutional law 
 2. Admin. Law 
 3. Statutory law 
 4. Case law & Common law doctrines 
The body of law derived from the U.S. Constitution and the constitutions of the 
various states. Term? 
 Constitutional law 
Body of law enacted by legislative bodies. Term? 
 Statutory law 
Master01 | September, 2024/2025 | Latest update 
1 | P a g e | © copyright 2024/2025 | Grade A+ 
Rules of law an...
BULE 303 Test 4 Questions and Correct Verified Answers Latest Version
Agency, there are two parties: 
 Agent, and principal 
Agent 
 Represents/acts for another party 
Principal 
 Has an agent represent for him/herself 
Fiduciary 
 A relationship of trust, each party owes the other the duty to act with 
the utmost good faith 
Salesperson 
 Is the agent of the store's owner and acts on the owner's behalf (the 
owner is the principal) 
Master01 | September, 2024/2025 | Latest update 
1 | P a g e | © copyright 2024/2025 | Grade A+ 
Independent Contractor 
 P...
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- Exam (elaborations)
- • 8 pages •
Agency, there are two parties: 
 Agent, and principal 
Agent 
 Represents/acts for another party 
Principal 
 Has an agent represent for him/herself 
Fiduciary 
 A relationship of trust, each party owes the other the duty to act with 
the utmost good faith 
Salesperson 
 Is the agent of the store's owner and acts on the owner's behalf (the 
owner is the principal) 
Master01 | September, 2024/2025 | Latest update 
1 | P a g e | © copyright 2024/2025 | Grade A+ 
Independent Contractor 
 P...
BULE 303 Test 1 Questions and Correct Verified Answers Latest Version
AT&T wants to obtain additional rights to operate within the 700 MHz spectrum 
in the U.S. The Federal Communications Commission (FCC) has rules and 
regulations that govern wireless spectrum auction. The FCC is 
 an administrative agency 
Theo is injured at work and files a workers' compensation claim, which is 
administered by the workers' compensation agency in his state. His employer 
disputes the extent of Theo's injuries. The case is heard by an administrative 
law judge (ALJ...
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- Exam (elaborations)
- • 13 pages •
AT&T wants to obtain additional rights to operate within the 700 MHz spectrum 
in the U.S. The Federal Communications Commission (FCC) has rules and 
regulations that govern wireless spectrum auction. The FCC is 
 an administrative agency 
Theo is injured at work and files a workers' compensation claim, which is 
administered by the workers' compensation agency in his state. His employer 
disputes the extent of Theo's injuries. The case is heard by an administrative 
law judge (ALJ...
Bule 303 Chapter 2 Questions and Correct Verified Answers Latest Version
Ethics 
 The study of what constitutes right or wrong behavior; moral principals 
and values applied to social behavior. 
Business Ethics 
 What constituters right or wrong behavior and the application of moral 
principals in the business context. 
Triple bottom line 
 Focuses on a corporation's profits, its impact on people, and its impact 
on the planet. 
What four things should should a business evaluate when making a decision? 
Master01 | September, 2024/2025 | Latest update 
1 | P a g...
- Package deal
- Exam (elaborations)
- • 8 pages •
Ethics 
 The study of what constitutes right or wrong behavior; moral principals 
and values applied to social behavior. 
Business Ethics 
 What constituters right or wrong behavior and the application of moral 
principals in the business context. 
Triple bottom line 
 Focuses on a corporation's profits, its impact on people, and its impact 
on the planet. 
What four things should should a business evaluate when making a decision? 
Master01 | September, 2024/2025 | Latest update 
1 | P a g...
BULE 303 -- Exam 1 Questions and Correct Verified Answers Latest Version
Areas of Federal Law 
 Constitution 
 Diversity of Citizenship 
 Contract 
 Disputes 
 Federal Laws/statutes 
Sources of Law 
 Constitution 
 statutes 
 Common law 
 Agency regulations 
Judicial Requirements 
Master01 | September, 2024/2025 | Latest update 
1 | P a g e | © copyright 2024/2025 | Grade A+ 
 Jurisdiction 
 Legal standing 
 venue 
Types of Jurisdiction 
 Personal 
 Subject matter 
 Cyber 
Types of Courts 
 trial courts 
 appellate courts 
Liquormart v. Rhode Island 
 Case in which ...
- Package deal
- Exam (elaborations)
- • 10 pages •
Areas of Federal Law 
 Constitution 
 Diversity of Citizenship 
 Contract 
 Disputes 
 Federal Laws/statutes 
Sources of Law 
 Constitution 
 statutes 
 Common law 
 Agency regulations 
Judicial Requirements 
Master01 | September, 2024/2025 | Latest update 
1 | P a g e | © copyright 2024/2025 | Grade A+ 
 Jurisdiction 
 Legal standing 
 venue 
Types of Jurisdiction 
 Personal 
 Subject matter 
 Cyber 
Types of Courts 
 trial courts 
 appellate courts 
Liquormart v. Rhode Island 
 Case in which ...
BLAW 210 WSU GRIFF EXAM 4 Questions and Correct Verified Answers Latest Version
felony 
 a crime that is serious and typical punishment is more than a year in 
prison 
Misdemeanor 
 Less serious crimes punishable by under a year (less than 6 months most 
of the time) in county jail (in WA only 90 days) 
violation/infraction 
 Least serious crime, punishable most often by a fine 
malum en se 
 "wrong in itself" 
 - no one has to tell you that murdering is bad, you should just know to 
not kill someone 
Malum Prohibitum 
Master01 | September, 2024/2025 | Latest updat...
- Package deal
- Exam (elaborations)
- • 11 pages •
felony 
 a crime that is serious and typical punishment is more than a year in 
prison 
Misdemeanor 
 Less serious crimes punishable by under a year (less than 6 months most 
of the time) in county jail (in WA only 90 days) 
violation/infraction 
 Least serious crime, punishable most often by a fine 
malum en se 
 "wrong in itself" 
 - no one has to tell you that murdering is bad, you should just know to 
not kill someone 
Malum Prohibitum 
Master01 | September, 2024/2025 | Latest updat...
BLaw 210 Exam #4 WSU Questions and Correct Verified Answers Latest Version
Imunnity 
 In exchange for testimony they don't get punished for their crimes. 
Percent of arrest that go to trial? 
 3-5% 
What do you need to get an arrest warrant? 
 Probable cause 
Consitution 
 Documents that outline how the branches of the government are 
supposed to function, responsibilities and limitations for each branch, 
relationship between federal and state governments, and relationship 
between government and private individuals. 
What do you need to bring on a capital offen...
- Package deal
- Exam (elaborations)
- • 20 pages •
Imunnity 
 In exchange for testimony they don't get punished for their crimes. 
Percent of arrest that go to trial? 
 3-5% 
What do you need to get an arrest warrant? 
 Probable cause 
Consitution 
 Documents that outline how the branches of the government are 
supposed to function, responsibilities and limitations for each branch, 
relationship between federal and state governments, and relationship 
between government and private individuals. 
What do you need to bring on a capital offen...
BLAW 210 EXAM 1 (Jefferson Griffeath) Questions and Correct Verified Answers Latest Version
Statutory Law 
 Laws enacted by legislative bodies at any level of government, such as 
the statues passed by Congress or by state legislatures, make up the 
body of the law. 
Ordinaces 
 Statues passed by municipal or county governing units to govern 
matters not covered by fed
- Package deal
- Exam (elaborations)
- • 13 pages •
Statutory Law 
 Laws enacted by legislative bodies at any level of government, such as 
the statues passed by Congress or by state legislatures, make up the 
body of the law. 
Ordinaces 
 Statues passed by municipal or county governing units to govern 
matters not covered by fed
HEALTH INSURANCE FLORIDA 2-40 PRACTICE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ & PASSEDHEALTH INSURANCE FLORIDA 2-40 PRACTICE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ & PASSED All of th
CSOWM general and medical considerations, monitoring Questions and Answers | Already passed | Latest Update
MARKETING IN THE DIGITAL ERA D373 WGU OA EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
CSOWM - AOM + Others Questions and Answers | Already passed | Latest Update
SC Manufactured Housing Salesperson Questions and Correct Answers | Latest Update | A+