Legal Environment of Business Review

Which of the following is NOT a primary function of law in society?

• Protecting rights

• Maintaining order

• Eliminating all conflicts

• Resolving disputes

Case law is created by which branch of government?

• Executive

• Legislative

• Judicial

• Administrative

Which type of law deals with offenses against society?

• Civil Law

• Tort Law

• Constitutional Law

• Criminal Law

A tort is best defined as:

• A. A minor crime

• B. A civil wrong causing harm

• C. A breach of contract

• D. A federal offense

Which court is the highest authority in the United States?

Laws that outline how to start, operate, and close a business fall under:

• Civil Law

• Business Law

• Case Law

• Tort Law

Which of the following is TRUE about ethics?

• Illegal actions are always unethical

• Ethics focuses on personal beliefs and values

• Ethics and laws always match perfectly

• Ethics is only important in private life

Which best describes the prosecution?

• The party who is harmed

• The party who defends a legal claim

• The party bringing charges in a criminal case

• The party appealing a decision

Which scenario describes civil law?

• A company defrauds the government

• A business sues another for breach of contract

• A person is arrested for robbery

• A state charges someone with tax evasion

Which is an example of unethical but legal behavior?