Chapter 1-3 Review Business Law

The power to decide a case is termed

• fiat

• the long arm of the law

• sanction

• jurisdiction

When Dorothea moved into her community and wanted to start a home-based business, the city required her to purchase a $20 permit and to the register her business name with the local county government. This situation is an example of a(n)

• Ordinance

• Constitutional law

• Positive law

• Sovereign law

Which type of law allows for flexibility within a legal system?

• Jurisdictional law

• common law

• positive law

• sovereign

Governing rules and regulations passed by a city council or county government are referred to as

• Statutes

• Ordinances

• Case law

• Promulgations

Which of the following is true regarding federal case law?

• Created by legislature

• Created after a trail has ended and one if the parties appeals case to a higher court

• Created by the judicial branch

• both b and c

Rule-based ethical reasoning

• focuses on the consequences of an action and alternatives to it

• when a law is violated, many more people are injured than are benefited

• can be unethical even if it brings about a good result

• is the major feature in which the U.S system of democracy

At what level are laws created in the United States?

• Federal law

• State law

• Local law

• All of these

Meryle Ann's mother recently died and, unfortunately, did not leave any type of will for her estate. In order properly divide her mothers estate among her and her brother, Meryle Ann will hire a lawyer to handle this case. In which specialty are should she seek to find a lawyer?

• Criminal law

• Statutory law

• Civil law

• Case law

Raye and Yasmin own and operate a trucking company in which they transport goods and supplies from their home state to 43 other states in the Unite States. who has the power to provide regulations that Raye and Yasmin must follow in their type of commerce?

• Federal government

• State government

• Local government

• both a and b

The allocation of powers between people and their government reserving the rights of citizens and protecting them form government actions is set forth in the

• U.S Constitutional

• Bill of Rights

• Articles of Confederation

• Both a and b