Question 1

Treaties made by the United States are not deemed part of the law.

Accepted Answer

A) True 
 B)False

Question 2

Court decisions and statutes can take away rights created by the United States Constitution.

Accepted Answer

A) True 
 B)False

Question 3

Statutes which are drafted from Uniform State Laws are often used to regulate:

Accepted Answer

A)  business. 
B)  foreign countries. 
C)  criminal behavior. 
D)  none of the above. 
A)  business. 
B)  foreign countries. 
C)  criminal behavior. 
D)  none of the above.

Question 4

The pattern of rules that society uses to control the conduct of individuals in their relationships is called law.

Accepted Answer

A) True 
 B)False

Question 5

Laws can be classified in terms of:

Accepted Answer

A)  Roman and English law. 
B)  substantive and procedural law. 
C)  law and equity. 
D)  all of the above. 
A)  Roman and English law. 
B)  substantive and procedural law. 
C)  law and equity. 
D)  all of the above.

Question 6

One of our most important rights is the right of privacy.

Accepted Answer

A) True 
 B)False

Question 7

A right can exist:

Accepted Answer

A)  by itself. 
B)  only if created by a court. 
C)  only if there is a corresponding duty. 
D)  only under local law. 
A)  by itself. 
B)  only if created by a court. 
C)  only if there is a corresponding duty. 
D)  only under local law.

Question 8

Uniform State Laws are used as a basis for laws by which of the following entities?

Accepted Answer

A)  Congress 
B)  international trade associations 
C)  state legislatures 
D)  local governmental entities 
A)  Congress 
B)  international trade associations 
C)  state legislatures 
D)  local governmental entities

Question 9

A right is defined as:

Accepted Answer

A)  an obligation. 
B)  a legal capacity to require another party to perform. 
C)  any written promise. 
D)  none of the above. 
A)  an obligation. 
B)  a legal capacity to require another party to perform. 
C)  any written promise. 
D)  none of the above.

Question 10

Uniform State Law generally is not applicable to business.

Accepted Answer

A) True 
 B)False

Question 11

The right to be secure against unreasonable searches and seizures conducted by the police is guaranteed by state statute.

Accepted Answer

A) True 
 B)False

Question 12

Several layers of law are enacted at different levels of government to provide the framework for business and personal rights and duties. At the base of this framework of laws is/are:

Accepted Answer

A)  statutory law. 
B)  case law. 
C)  constitutional law. 
D)  all of the above. 
A)  statutory law. 
B)  case law. 
C)  constitutional law. 
D)  all of the above.

Question 13

The right of privacy does not apply to intrusions into our privacy by means of new technology.

Accepted Answer

A) True 
 B)False

Question 14

Jane asserts she has a legal right. Jane is really saying she has an obligation to perform or refrain from performing an act.

Accepted Answer

A) True 
 B)False

Question 15

Administrative regulations generally do not have the force of a statute.

Accepted Answer

A) True 
 B)False

Question 16

Sheriff Jane desires to search your home. What law requires that the sheriff obtain a search warrant?

Accepted Answer

A)  the Fourth Amendment of the United States Constitution 
B)  the Equal Protection Clause 
C)  state statute 
D)  local uniform police ordinances 
A)  the Fourth Amendment of the United States Constitution 
B)  the Equal Protection Clause 
C)  state statute 
D)  local uniform police ordinances

Exam 1: The Nature and Sources of Law

Treaties made by the United States are not deemed part of the law.

Court decisions and statutes can take away rights created by the United States Constitution.

Statutes which are drafted from Uniform State Laws are often used to regulate:

The pattern of rules that society uses to control the conduct of individuals in their relationships is called law.

Laws can be classified in terms of:

One of our most important rights is the right of privacy.

A right can exist:

Uniform State Laws are used as a basis for laws by which of the following entities?

A right is defined as:

Uniform State Law generally is not applicable to business.

The right to be secure against unreasonable searches and seizures conducted by the police is guaranteed by state statute.

Several layers of law are enacted at different levels of government to provide the framework for business and personal rights and duties. At the base of this framework of laws is/are:

The right of privacy does not apply to intrusions into our privacy by means of new technology.

Jane asserts she has a legal right. Jane is really saying she has an obligation to perform or refrain from performing an act.

Administrative regulations generally do not have the force of a statute.

Sheriff Jane desires to search your home. What law requires that the sheriff obtain a search warrant?

The Court System and Dispute Resolution

Business Ethics, Social Forces, and the Law

The Constitution As the Foundation of the Legal Environment

Government Regulation of Competition and Prices

Administrative Agencies

The Legal Environment of International Trade

Crimes

Torts

Intellectual Property Rights

Cyberlaw

Nature and Classes of Contracts: Contracting on the Internet

Formation of Contracts: Offer and Acceptance

Capacity and Genuine Assent

Consideration

Legality and Public Policy

Writing, Electronic Forms, and Interpretation of Contracts

Third Persons and Contracts

Discharge of Contracts

Breach of Contract and Remedies

Personal Property and Bailments

Legal Aspects of Supply Chain Management

Nature and Form of Sales

Title and Risk of Loss

Product Liability: Warranties and Torts

Obligations and Performance

Remedies for Breach of Sales Contracts

Kinds of Instruments, Parties, and Negotiability

Transfers of Negotiable Instruments and Warranties of Parties

Liability of the Parties Under Negotiable Instruments

Checks and Funds Transfers

Nature of the Debtor-Creditor Relationship

Consumer Protection

Secured Transactions in Personal Property

Bankruptcy

Insurance

Agency

Third Persons in Agency

Regulation of Employment

Equal Employment Opportunity Law

Types of Business Organizations

Partnerships

LPs, LLCs, and LLPs

Corporate Formation

Shareholder Rights in Corporations

Securities Regulation

Accountants Liability and Malpractice

Management of Corporations

Real Property

Environmental Law and Land Use Controls

Leases

Decedents Estates and Trusts

Filters