Exam 1: Foundations of Law and the Role of Ethics in Business

Laws that are enacted by legislative bodies forbidding conduct that is considered harmful to society and that is subject to punishment are referred to as

The rules established by government to regulate the conduct of individuals and groups in a society are called ____________________.

The relief granted in a civil action is

Grimes is suing Winkler for damages brought about when Winkler breached a contract with Grimes. Assuming that both parties lived in the state of Nevada, the case will appear on the court docket as

A city council passed a local law restricting the use of water for car washing and lawn watering during a very dry season. This law is an example of

The constitution of a state is the primary legal authority for that state.

Another name for common law is

Law in the United States is derived primarily from

"Law" refers only to the statutes passed by federal and state legislatures.

The most important influences on the development of law today are criminal law and civil law.

A Federal Communications Commission restriction on the amount of prescription drugs permitted on television is an example of

English common law is the basis for much of the law in Europe today.

In making a distinction between law and equity, which of the following is a correct statement concerning the distinction?

The Romans developed the concept of a written code, which became known as the Justinian Code.

Business Ethics is the inquiry into the moral judgment people make in deciding what is right or good in their daily lives.

Criminal law includes rules that protect society.

Laws regulating the rights and obligations of individuals in relationship to each other are called

What were the two greatest influences on the development of law in the United States?

An important concept in our legal system is that the law protects people but, at the same time, imposes legal ____________________ upon them.

The practice of following precedents in deciding later cases is known as