Question 1

The primary function of the law is to allow flexibility and adaptability in the social, political, and economic system of a society.

Accepted Answer

A) True 
 B)False  False

Question 2

Rosemary signs a contract to sell 500 wood panels for $5,000 to Schirmer Industries to be delivered by April 1. In this case, which of the following statements is NOT true?

Accepted Answer

A)  Rosemary has a duty to deliver the goods by April 1. 
B)  Schirmer Industries has a right to receive the goods by April 1. 
C)  The duties and rights of Rosemary and Schirmer Industries are correlative. 
D)  Substantive law provides the remedy if either Rosemary or Schirmer Industries breaches this contract. 
A)  Rosemary has a duty to deliver the goods by April 1. 
B)  Schirmer Industries has a right to receive the goods by April 1. 
C)  The duties and rights of Rosemary and Schirmer Industries are correlative. 
D)  Substantive law provides the remedy if either Rosemary or Schirmer Industries breaches this contract. D

Question 3

William Blackstone, an English jurist, defined law as "a rule of civil conduct prescribed by the supreme power in a state, commanding what is right, and prohibiting what is wrong."

Accepted Answer

A) True 
 B)False  True

Question 4

In reading the title of a case, Smith v. Jones :

Accepted Answer

A)  Smith is the plaintiff. 
B)  Jones is the plaintiff. 
C)  the determination of who is the plaintiff depends on the level of the court at which the case is being heard. 
D)  it is not always possible to determine from the case title which party is the plaintiff. 
A)  Smith is the plaintiff. 
B)  Jones is the plaintiff. 
C)  the determination of who is the plaintiff depends on the level of the court at which the case is being heard. 
D)  it is not always possible to determine from the case title which party is the plaintiff.

Question 5

What are the various sources of American law? Discuss how these various laws interrelate to form the system of law in the United States.

Accepted Answer

The sources of American law include the

Question 6

Which of the following is not a source of federal law?

Accepted Answer

A)  Rules of administrative agencies. 
B)  Decisions of federal courts. 
C)  Executive orders of the President. 
D)  Hearings before the Senate. 
A)  Rules of administrative agencies. 
B)  Decisions of federal courts. 
C)  Executive orders of the President. 
D)  Hearings before the Senate.

Question 7

Compare and contrast civil and criminal law. Include in your discussion definitions, how the cases are commenced, the purposes of civil and criminal law, the burdens of proof, and principal sanctions.

Accepted Answer

Civil law defines duties, the violation

Question 8

The law does not change; it is based on unchanging and universal truths.

Accepted Answer

A) True 
 B)False

Question 9

The law that creates, defines, and regulates most of our legal rights and duties is called executive law.

Accepted Answer

A) True 
 B)False

Question 10

The person who files or commences a civil lawsuit is the:

Accepted Answer

A)  plaintiff. 
B)  defendant. 
C)  prosecuting attorney. 
D)  attorney general. 
A)  plaintiff. 
B)  defendant. 
C)  prosecuting attorney. 
D)  attorney general.

Question 11

The main classifications of the law are
(a) substantive and procedural,
(b) public and private, and
(c) civil and criminal.

Accepted Answer

A) True 
 B)False

Question 12

The principle of judicial review divides the government into three distinct and independent branches: judicial, executive, and legislative.

Accepted Answer

A) True 
 B)False

Question 13

The source of law best suited to making drastic or comprehensive change is:

Accepted Answer

A)  common law. 
B)  the federal court system. 
C)  statutes. 
D)  state court decisions. 
A)  common law. 
B)  the federal court system. 
C)  statutes. 
D)  state court decisions.

Question 14

Which of the following is correct regarding the English courts of equity?

Accepted Answer

A)  They were presided over by a judge. 
B)  They could only award money damages. 
C)  They could issue a decree ordering a defendant to do or to refrain from a specific act. 
D)  They had very few options of remedies for breach of contract. 
A)  They were presided over by a judge. 
B)  They could only award money damages. 
C)  They could issue a decree ordering a defendant to do or to refrain from a specific act. 
D)  They had very few options of remedies for breach of contract.

Question 15

Assume the state of Texas has been negotiating with the Mexican government on issues involving acid rain and eventually reaches an agreement with Mexican officials to regulate industrial pollution that contributes to acid rain in return for Texas regulating cattle waste that contributes to water table pollution. This is a valid treaty under the United States Constitution.

Accepted Answer

A) True 
 B)False

Question 16

Business law is primarily private law.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is not descriptive of the law?

Accepted Answer

A)  It is always prohibitory. 
B)  It is pervasive. 
C)  It may be permissive. 
D)  It is regulatory. 
A)  It is always prohibitory. 
B)  It is pervasive. 
C)  It may be permissive. 
D)  It is regulatory.

Question 18

The principle of stare decisis gives stability to our system of jurisprudence because it encourages consistent decisions for similar cases.

Accepted Answer

A) True 
 B)False

Question 19

The President of the United States has the authority to issue laws, which are called:

Accepted Answer

A)  Restatements of law. 
B)  Executive orders. 
C)  Constitutional amendments. 
D)  Codes. 
A)  Restatements of law. 
B)  Executive orders. 
C)  Constitutional amendments. 
D)  Codes.

Question 20

The common law system of law uses the inquisitorial system of settling disputes.

Accepted Answer

A) True 
 B)False

Exam 1: Introduction to Law

The primary function of the law is to allow flexibility and adaptability in the social, political, and economic system of a society.

Rosemary signs a contract to sell 500 wood panels for $5,000 to Schirmer Industries to be delivered by April 1. In this case, which of the following statements is NOT true?

William Blackstone, an English jurist, defined law as "a rule of civil conduct prescribed by the supreme power in a state, commanding what is right, and prohibiting what is wrong."

In reading the title of a case, Smith v. Jones :

What are the various sources of American law? Discuss how these various laws interrelate to form the system of law in the United States.

Which of the following is not a source of federal law?

Compare and contrast civil and criminal law. Include in your discussion definitions, how the cases are commenced, the purposes of civil and criminal law, the burdens of proof, and principal sanctions.

The law does not change; it is based on unchanging and universal truths.

The law that creates, defines, and regulates most of our legal rights and duties is called executive law.

The person who files or commences a civil lawsuit is the:

The main classifications of the law are (a) substantive and procedural, (b) public and private, and (c) civil and criminal.

The principle of judicial review divides the government into three distinct and independent branches: judicial, executive, and legislative.

The source of law best suited to making drastic or comprehensive change is:

Which of the following is correct regarding the English courts of equity?

Business law is primarily private law.

Which of the following is not descriptive of the law?

The principle of stare decisis gives stability to our system of jurisprudence because it encourages consistent decisions for similar cases.

The President of the United States has the authority to issue laws, which are called:

The common law system of law uses the inquisitorial system of settling disputes.

Business Ethics

Civil Dispute Resolution

Constitutional Law

Administrative Law

Criminal Law

Intentional Torts

Negligence and Strict Liability

Introduction to Contracts

Mutual Assent

Conduct Invalidating Assent

Consideration

Illegal Bargains

Contractual Capacity

Contracts in Writing

Third Parties to Contracts

Performance Breach and Discharge

Contract Remedies

Introduction to Sales and Leases

Performance

Transfer of Title and Risk of Loss

Product Liability Warranties and Strict Liability

Sales Remedies

Form and Content

Transfer and Holder in Due Course

Liability of Parties

Bank Deposits Collections and Funds Transfers

Relationship of Principal and Agent

Relationship With Third Parties

Formation and Internal Relations of General Partnerships

Operation and Dissolution of General Partnerships

Limited Partnerships and Limited Liability Companies

Nature and Formation of Corporations

Financial Structure of Corporations

Management Structure of Corporations

Fundamental Changes of Corporations

Secured Transactions and Suretyship

Bankruptcy

Securities Regulation

Intellectual Property

Employment Law

Antitrust

Accountants Legal Liability

Consumer Protection

Environmental Law

International Business Law

Introduction to Property Property Insurance Bailments and Documents of Title

Interests in Real Property

Transfer and Control of Real Property

Trusts and Wills

Filters