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Chapter 1 Introduction to Law and Legal Reasoning

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Chapter 1 Introduction to Law and Legal Reasoning
Chapter 1 Introduction to Law and Legal Reasoning
TRUE/FALSE QUESTIONS A1. The stability and predictability of the law is essential to business activities. ANSWER: T PAGE: NAT: AACSB Analytic B1. 2 TYPE: AICPA Critical Thinking =

An important function of the law is to provide jurisprudence. ANSWER: F PAGE: NAT: AACSB Reflective Thinking 2 TYPE: AICPA N Critical

A2.

Law is a body of enforceable rules governing relationships among individuals and between individuals and their society. ANSWER: T PAGE: NAT: AACSB Analytic 2 AICPA Legal TYPE: =

B2.

How judges apply the law to specific disputes may depend in part on their personal philosophical views. ANSWER: T PAGE: NAT: AACSB Reflective Thinking 2 TYPE: AICPA = Critical

A3.

The basis for the U.S. legal system is natural law. 1

2

TEST BANK A—UNIT ONE: THE LEGAL ENVIRONMENT OF BUSINESS

ANSWER: F NAT: AACSB Ethics B3.

PAGE:

3 TYPE: AICPA Critical Thinking

N

A judge’s view of the law is of little importance in a common law legal system. ANSWER: F PAGE: NAT: AACSB Reflective Thinking 2 TYPE: AICPA = Critical

A4.

Constitutional law includes only the U.S. Constitution. ANSWER: F PAGE: NAT: AACSB Analytic 6 AICPA Legal TYPE: =

B4.

Congress can only pass legislation that falls within the limits set up by the U.S. Constitution. ANSWER: T PAGE: NAT: AACSB Analytic 6 AICPA Legal TYPE: +

A5.

A state constitution is supreme within the state’s borders. ANSWER: T PAGE: NAT: AACSB Analytic 6 AICPA Legal TYPE: =

B5.

The U.S. Constitution is the supreme law of the United States. ANSWER: T PAGE: NAT: AACSB Analytic 6 AICPA Legal TYPE: =

A6.

Whether a law is constitutional depends on its source. ANSWER: F PAGE: NAT: AACSB Analytic 6 AICPA Legal TYPE: =

CHAPTER 1: INTRODUCTION TO LAW AND LEGAL REASONING

3

B6.

Each state has its own constitution. ANSWER: T PAGE: NAT: AACSB Analytic 6 TYPE: AICPA Critical Thinking =

A7.

Uniform laws apply in all states, including those in which the laws have not been adopted.
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