Preview

BUS LAW QUIZ1

Satisfactory Essays
Open Document
Open Document
284 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BUS LAW QUIZ1
1. Statutes which are drafted from Uniform State Laws are often used to regulate: BUSINESS
2. Legal principles expressed for the first time in court decisions are called: Precedent
3. the law could best be described as: a multitude of rights and corresponding duties
4. Several layers of law are enacted at different levels of government to provide the framework for business and personal rights and duties. At the base of this framework of laws is/are: constitutional law
5. Sheriff Jane desires to search your home. What law requires that the sheriff obtain a search warrant? the Fourth Amendment of the United States Constitution
6. A motion for a directed verdict is appropriate: immediately after the presentation of all evidence at trial.
7. A deposition: is the testimony of a witness taken under oath, can also be used to impeach witness, can be conducted outside coutroom
8. The power given to courts to hear certain types of cases is called: jurisdiction
9. Which is not considered an alternate means of dispute resolution? Civil Lawsuit
10. A court is a tribunal established by: The Government
11. When the president negotiates a treaty with a foreign country and submits it to the Senate for approval, the president's action is based on: an Amendment by practice
12. Under the US constitution:
13. A system in which a central government is given power to administer to national concerns and individual states administer to local concerns is called: Federal System
14. The due process clause:
Is, by liberal interpretation, held to be a guarantee of protection from unreasonable legal procedures.

15. The U.S. Constitution: is a written document that specifies the structures and powers of the federal government.

You May Also Find These Documents Helpful

  • Good Essays

    1.3 Explain how and why policies and procedures or agreed ways of working must reflect and incorporate legislative requirements…

    • 1143 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Case Studies Bus Law

    • 1232 Words
    • 5 Pages

    The offer of the Wells Fargo Business Credit, Inc. was submitted to Nebraska Beef in the form of a letter. When Nebraska Beef engaged in accepting a line of credit from Wells Fargo they entered into a written credit agreement that outlined the terms of the line of credit and the over-advance which contained additional and progressive fees for each additional over-advance loan (the amount over the initial credit limit). With each of the three over-advance lines of credit or advances of money that Nebraska Beef took out with Wells Fargo, a formal written amendment to the original credit agreement was provided. Thus even though there were no new agreed upon terms, it is a sufficiently definite agreement in that Nebraska Beef evidenced their acknowledgement of additional fees through these three previous advances and further they acknowledge receipt of information stating these additional fees.…

    • 1232 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    In order to prevail on a motion for summary judgment, a movant has the burden to demonstrate that no genuine issue of material fact remains to be litigated, that is entitled to judgment as a matter of law, and that it appears from the evidence, when viewed most strongly in favor of the nonmoving party, that reasonable minds can come to but one conclusion and that conclusion is adverse to the non-moving party.…

    • 844 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    MGT 320 Mastery Exercises

    • 2152 Words
    • 8 Pages

    a. Override a U.S. Supreme Court decision, providing there is a two-thirds majority vote in favor of doing so…

    • 2152 Words
    • 8 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Bus. Law

    • 590 Words
    • 3 Pages

    Suppose that the U.S. Department of Agriculture (USDA) administers the price floor for cheese, set at $0.17 per pound of cheese. (In real life, the actual price floor was officially set at $16.10 per hundredweight of cheese. One hundredweight is 100 pounds.) At that price, according to data from the USDA, the quantity of cheese produced in 2009 by U.S. producers was 212.5 billion pounds, and the quantity demanded was 211 billion pounds. To support the price of cheese at the price floor, the USDA had to buy up 1.5 billion pounds of cheese. The accompanying diagram shows supply and demand curves illustrating the market for cheese.…

    • 590 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Bus Law 531 Week 1

    • 676 Words
    • 3 Pages

    Business owners know that high ligation costs and lengthy delays make it difficult and expensive to resolve business disputes in court. Alternative dispute resolutions are superior solutions for resolving business disputes and are normally settled before trial, which saves significant time and money. Alternative dispute resolution can be achieved by several approaches, which may include negotiation, mediation, and arbitration. Traditional litigation resolves disputes in the civil court system in which one party loses and one wins. Although litigation and alternative disputes resolution both have advantages, alternative dispute resolution is generally faster and less expensive. This paper will compare and contrast the traditional litigation with nontraditional forms of alternative dispute resolution.…

    • 676 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The authority of a court to hear and decide cases is called the jurisdiction. When a case is first brought to court is the authority of the original jurisdiction. When there is an error of law and the courts need to review the case, they will go to the appellate jurisdiction. When the court has the power to hear any case, this is called general jurisdiction. Special jurisdiction is where the court has the authority to hear exceptional circumstances. A particular…

    • 272 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    6. Are there administrative regulations or decisions guiding the interpretation and application of a statute (CFR, term or phrase, policy of statute)…

    • 793 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Business Law Quiz

    • 26730 Words
    • 107 Pages

    | Many areas of law important to businesses are governed by the Uniform Commercial Code.…

    • 26730 Words
    • 107 Pages
    Satisfactory Essays
  • Good Essays

    Bus Law

    • 447 Words
    • 2 Pages

    1. The method of organization that Twain uses in this selection is time order because he described the way he saw and experienced the river in a sequence as they occurred. In addition, he stared an essay by telling an event in the past and ended it in the present. That is the time order organization. He might have used the comparison and contrast method as the alternative methods because he compared two different ways of seeing the same river. The knowledge and the experience would have been gained or lost.…

    • 447 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Appeals court “appellate court” has the final verdict for the state. The judgment in this court are final, one cannot appeal the case unless it engaged in any federal laws or legitimate procedures.…

    • 505 Words
    • 3 Pages
    Good Essays
  • Good Essays

    KIN 3800 Mid Term

    • 1969 Words
    • 8 Pages

    Directions: Based on your text and class notes, please answer the following questions. Read each question carefully and select the best answer.…

    • 1969 Words
    • 8 Pages
    Good Essays
  • Better Essays

    This paper addresses the functions and role of law in business and society. This paper covers different types of laws including statutes, common laws, treaties, ordinances, and executive orders. As the paper continues it will discuss who creates and enforces these laws. This paper also discusses the classification of those laws into criminal and civil law, substantive and procedural law, and public and private laws. As these subjects are discussed the paper will discuss what individuals or entities are responsible for using these different types of laws. The paper also discusses the different types of courts where these laws are enforced which include different types of federal and state courts. The main federal courts discussed are the Court of International Trade and the federal court of appeals. Some of the types of state courts discussed are traffic courts, small claims courts, trial courts, and appellate courts. In addition, this paper also talks about how law played a part in a previous job position as a telemarketer.…

    • 1488 Words
    • 6 Pages
    Better Essays
  • Good Essays

    The United States Constitution is one of the most significant documents in modern world history. Its official date of adoption was on the seventeenth of September in 1897. The Constitution itself represents the advent of democracy, justice and freedom in a once-was colony which thereafter gained its independence. It established three branches of government; the legislative branch, the judicial branch and the executive branch. Additionally, the Constitution outlined the relationship between the country’s citizens and the Federal government.…

    • 589 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Bus Law Study Guide

    • 2220 Words
    • 9 Pages

    A. In General, Minors what determines who is a minor… state law state statue. States have jurisdiction over contract laws.…

    • 2220 Words
    • 9 Pages
    Satisfactory Essays