Multiple Choice Questions Learning ResourcesTextbook:
Business Law Seventh Edition, 2010 Henry R. Cheeseman Prentice Hall
According to Judge Jerome Frank, uncertainty in the law:
is an unfortunate accident
should be avoided whenever possible
is of immense social value
does not exist in the U.S. legal system
Which of the following is most consistent with the Natural Law School of jurisprudence?
Law is based on moral and ethical principles of what are right, and it is the job of men and women, through study, to discover what these principles are. f.
The law is a reflection of society, thus the law must change naturally as society changes over time. g.
The laws of man are secondary to the laws of nature, and thus the laws of nature take precedence whenever the laws of man are in conflict with the laws of nature. h.
By applying the rules of logic to specific cases, the logical, or natural, result will be obtained. i.
Laws must first and foremost respect, preserve, and promote the preservation of the environment and life in all its forms.
The school of jurisprudence that believes that free market forces should determine the out comes to lawsuits is the:
Critical Legal Studies school
Law and Economics school
What is an equity court’s function?
To deal with just the law of merchants.
To issue opinions in cases that later set the precedent for similar cases. p.
To investigate the merits of a case.
To issue executive orders.
To set state or federal laws between two or more nations.
The Uniform Commercial Code is an example of what type of law?
When statutes are organized by topic, the resulting compilation of law is known as:
Which of the following powers do administrative agencies typically have?
dispute adjudication only
All of these are correct.
The Federal Trade Commission is an example of:
a federal agency created by Congress
a corporation subsidized by the federal government
a branch of the U.S. Supreme Court
a temporary commission created by executive order that has become permanent .
a judicially created subdivision of the executive branch
John lives in a large city and desires to start an airport shuttle service. In order to do so, John must go through a complicated permit application and approval process. John believes that this process is in place in order to protect the persons already operating such services. John believes that these rules are arbitrary, and he should be allowed to start his business based on general notions of fairness. John’s beliefs most closely correspond to which school of jurisprudence?
Critical Legal Studies School
Law and Economics School
Natural Law School
The U.S. court of federal claims hears what kinds of cases?
any case with claims involving more than one state
civil cases where at least $75,000 is in dispute
cases against the United States
cases where counterclaims have been filed
cases involving disputes in the way an earlier case was decided
The consequence of a plurality decision is that:
the decision of the Circuit Court of Appeals is affirmed .
the case is not decided and will be reheard at a later date .
the case is decided but is not precedent for...
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