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Business Law Quiz

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Business Law Quiz
A breach of a contract is a failure to perform it. True
A court may depart from a precedent if the precedent is no longer valid. TRUE
A decision on a given issue by a court is not binding on an inferior court. False
A defendant is a person against whom a lawsuit is brought. TRUE

A federal statute regulates an employment practice. To resolve a dispute concerning the practice, Paula, a judge, will most likely apply the statute.

A state constitution is supreme within the state's borders. True

A state law that conflicts with the U.S. Constitution will be deemed unconstitutional. TRUE
A substantive law creates or defines legal rights and obligations. True

As a judge, Jay applies common law rules. These rules develop from
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Common law is case law.
Brian's pick-up truck collides with Miranda's semi-trailer on a county highway. Weighing Brian's liability for the collision, Rachel, a judge, reasons by analogy. To reason by analogy is to compare the facts in previous cases and apply the same rule of law.
Civil law is concerned with disputes between persons and other persons and between citizens and their governments.
Common law is a term for law that is common throughout the world. False
Common law is a term for the laws that are familiar to most of us. False

Common law is no longer a source of legal authority. FALSE

Common law is the best and only source of legal authority. False

Congress can only pass legislation that falls within the limits set up by the U.S. Constitution. True

Constitutional law includes only the U.S. Constitution. FALSE
Courts do not depart from precedents. False

Courts often rely on the common law as a guide to interpreting legislation. True

Criminal law focuses on duties that exist between persons. FALSE
Damages is a remedy at law. True

Deductive reasoning involves a main premise, a minor premise, and a conclusion.
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The chief purpose of such agencies is to perform specific government functions.

The South Carolina Supreme Court decides the case of Toy Co. v. Umbrella Corp. The court issues an opinion that does not indicate which justice authored it. This opinion is a per curiam opinion.
The stability and predictability of the law is essential to business activities. True
The title of a case appears as "Duck Down Corp. v. Egret Feathers Co." The party in whose favor the case was decided could be either party

The U.S. Congress enacts a new federal statute that imposes liability on businesses emitting significant amounts of a certain pollutant into the environment. This statute applies to all of the states.

The U.S. Congress enacts a new federal statute that sets different standards for the liability of businesses selling defective products. This statute applies TO ALL THE STATES

The U.S. Constitution is the supreme law of the United States TRUE
There is one right answer to every legal question. False
To reason by analogy is syllogistic reasoning because it employs a syllogism. False
To Serena, the written law of a particular society at a particular time is most significant. Serena is a legal

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