Business Law Quiz

Question 1 | | 1 / 1 point |
Law is a body of enforceable rules governing relationships among individuals and between individuals and their society. | True | | False | View Feedback | | Correct. |

Question 2 | | 1 / 1 point |
The doctrine ofstare decisis obligates judges to follow precedents established within their jurisdictions. | True | | False | View Feedback | | Correct. |

Question 3 | | 1 / 1 point |
Common law develops from rules of law announced in court decisions. | True | | False | View Feedback | | Correct. |

Question 4 | | 0 / 1 point |
A federal statute takes precedence over the U.S. Constitution. | True | | False | View Feedback | | Incorrect. The Constitution
This means that the court follows rules of law established by | courts of higher rank only. | | all courts. | | no courts. | | courts of lower rank only. | View Feedback | | Incorrect. The use of precedent--the doctrine of stare decisis --permits a predictable, relatively quick, and fair resolution of cases. Under this doctrine, a court must adhere to principles of law established by higher courts. |

Question 12 | | 0 / 1 point |
In a suit between Delta Data Company and Eagle Information, Inc., the court applies the doctrine ofstare decisis . This requires the court to find cases that, compared to the case before it, has | entirely different facts. | | no facts, only conclusions of law. | | precisely identical facts. | | similar facts. | View Feedback | | Incorrect. The doctrine of stare decisis attempts to harmonize the results in cases with similar facts. When the facts are sufficiently similar, the same rule is applied. Cases with identical facts could serve as binding authority, but it is more practical to expect to find cases with facts that are not identical but similar--as similar as possible. |

Question 13 | | 1 / 1 point
Aspects of the Fifth and Fourteenth Amendments that cover procedural due process concern the procedures used to make any government decision to take life, liberty, or property. These procedures must be fair, which generally mean that they give an opportunity to object. |

Question 18 | | 0 / 1 point |
A Connecticut statute that limits the liberty ofall persons to engage in a certain activity may violate constitutional provisions covering | the right to privacy. | | procedural due process. | | substantive due process. | | equal protection. | View Feedback | | Incorrect. Substantive due process focuses on the content (substance) of a law under the Fifth and Fourteenth Amendments. Depending on which rights a law regulates, it must either promote a compelling or overriding government interest or be rationally related to a legitimate governmental end. |

Question 19 | | 0 / 1 point |
A River City ordinance that restricts most vendors from doing business in a heavily trafficked area might be upheld under constitutional provisions covering | substantive due process. | | equal protection. | | procedural due process. | | the right to privacy. | View Feedback