Business Law Chapter 1-3 Test Review

Who has the power to issue law by executive order?

• Congress

• The President

• The Supreme Court

• The senate

Which type of law involves disputes between private individuals or groups and their government?

• Private

• Civil

• Public

• Case

Which is an example of a criminal law case?

• Insider trading

• Breach of contract

• Negligence (ex. McDonalds Hot

  Coffee Case)

• Unpaid rent

What type of law is designed to "fill in" particular details missing from constitutions and statutes by agencies such as the FCC or the SEC?

• executive orders
• common law
• statutory law
• administrative law

The school of jurisprudence that is takes social and economic conditions into consideration is known as:

• identification with the vulnerable
• historical school
• legal realism
• cost benefit analysis

Which ethical guideline of the WH model says "treat others the way you want to be treated"?

• Public disclosure
• Stakeholders
• Universalization
• Golden rule

The idea that a business's ethical responsibility extends beyond maximization of profits is a concept of:

• Ethical dilemma
• Universalization
• Social responsibility
• Citizenship

Federal crimes are the ___________ of the Federal Court System, but the ___________ will be determined based on where the crimes take place.

• Venue, litigation
• Litigation, jurisdiction
• Venue, jurisdiction
• Jurisdiction, venue

In ____________ jurisdiction both the state and federal court system have jurisdiction.

• Original

• Concurrent

• Appellate

• Tripartite

Which of the following is NOT a threshold requirement that must be met before a court will hear a case?

• Jurisdiction
• Standing
• Ripeness
• Case or controversy