Business Law Part 1- Basics of the Law
Authored by Youri Litvine
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19 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It’s essential to learn about Business Law as it affects not only businesses but individuals as well.
True
False
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
As a future professsional it's important to know which of the following?
The legal system
How laws impact businesses
How laws impact consumers
All of the above
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
____ is the rules of conduct that state how people should or shouldn’t behave in society to keep stability and justice.
Courts
Laws
Business Laws
Rules
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
_______ are rules issued by state or federal administrative agencies.
Statues
Constitution
Administrative Regulations
Stare decisis
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Only citizens can enforce the law.
True
False
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Laws are created for which reason?
To protect our general safety
They help our society resolve disputes civilly
To protect businesses only.
They protect our liberties and rights
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Business laws are created to protect the liberties and rights of companies and they help establish standards.
True
False
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