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Business Law- Topic 1 Test

Total questions: 33

Worksheet time: 17mins

Name
Class
Date
1.
Businesses deal with crime often, and all professionals need to know how to identify crimes and when they happen to help a business stay safe and successful.
a)
True
b)
False
2.
Case Law is a government-made law and is also referred to as “common law.”
a)
True
b)
False
3.
Understanding the legal system and how these laws impact businesses, consumers, and society is crucial for your success as a future professional.
a)
True
b)
False
4.
Everything within the constitution is binding and the ultimate source of Law, which others draw from.
a)
True
b)
False
5.
Laws are required to be followed, and they are put in place for a reason.
a)
True
b)
False
6.
Unethical and illegal activity within a business is acceptable if it benefits the business.
a)
True
b)
False
7.
We need U.S. Courts to interpret, create, and apply the law.
a)
True
b)
False
8.
Both state and federal courts have three levels of courts.
a)
True
b)
False
9.
Civil Law deals with disagreements between businesses only, as they cause injury to others.
a)
True
b)
False
10.
Laws do not reflect the circumstances and cultures that create them.
a)
True
b)
False
11.
Which of the following is not one of the four reasons why laws were created?
a)
To protect our general safety
b)
To maintain order amongst businesses, brands, and employees
c)
They protect our liberties and rights
d)
To keep our community safe, productive, and peaceful
12.
Why do we need US courts?
a)
To help establish standards for business concerns
b)
They help our society resolve disputes civilly
c)
To keep our community safe, productive, and peaceful
d)
to interpret, create, and apply the law
13.
What is not a severity level of crime?
a)
Offense
b)
Felonies
c)
Misdemeanor
d)
Infraction
14.
Business Laws are created for which of the following reasons?
a)
They protect the liberties and rights of companies and the people who work there.
b)
To maintain order amongst businesses, brands, and employees.
c)
They help resolve disputes within a company.
d)
All of the above
15.
If a business is a victim of a crime, they are known for doing the following (depending on the severity):
a)
Relocating
b)
Changing hour of operations
c)
Raising prices of products or service
d)
Shutting down
e)
All of the above.
16.
What is the highest level of courts?
a)
State Supreme
b)
Trial
c)
U.S. Supreme
d)
Appellate
17.
Laws are created for which of the following reasons?
a)
To protect our general safety
b)
They help our society resolve disputes civilly
c)
They protect our liberties and rights.
d)
All of the above
18.

What are the 3 branches of government?

(a)  

19.

What is the difference between Unethical and Illegal?

(a)  

20.

How can businesses help prevent crimes from happening?

(a)  

21.

What are the 4 main sources of the law?

(a)  

22.

What are 2 different types of legal professions?

(a)  

23.
Reflect as an individual regarding your values and beliefs in your everyday life.
a)
Laws
b)
Business laws
c)
Ethical behavior
d)
Personal ethics
24.
A system of laws that defines crimes and sets punishments for society.
a)
Constitution
b)
A Court
c)
Criminal Law
d)
Civil Law
25.
Acting with integrity by being honest, professional, and fair.
a)
Laws
b)
Business laws
c)
Ethical behavior
d)
Personal ethics
26.
The rules of conduct that state how people should or shouldn’t and defines their legal rights.
a)
Laws
b)
Business laws
c)
Ethical behavior
d)
Personal ethics
27.
A system of laws concerned with relations between individuals and defines their legal rights.
a)
Constitution
b)
A Court
c)
Criminal Law
d)
Civil Law
28.
Brings charges to the person accused of breaking the law and committing a crime.
a)
Defendant
b)
Prosecution
c)
Torts
d)
Civil Law
29.
An institution set up by the government that interprets the law, in order to settle disputes.
a)
Constitution
b)
A Court
c)
Criminal Law
d)
Civil Law
30.
makes sure a person is liable for damage and injuries to a person or property.
a)
Defendant
b)
Prosecution
c)
Torts
d)
Laws
31.
the person who is accused of committing the crime is called
a)
Defendant
b)
Prosecution
c)
Criminal Law
d)
Civil Law
32.
rules of conduct that dictate how to start, manage, buy, sell, or close any type of business.
a)
Laws
b)
Business laws
c)
Ethical behavior
d)
Personal ethics
33.
A charter that establishes the government and the rules under which the government must run.
a)
Constitution
b)
A Court
c)
Criminal Law
d)
Civil Law