Exam 1: An Introduction to Dynamic Business Law

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Miko comes to Jamal's law office to ask him about the law in regard to dogs running at large in her neighborhood.Jamal tells Miko that he will research the issue and get back to her.Where should Jamal look first in order to locate applicable law?

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E

Why should business managers be familiar with laws that regulate business practices between nations?

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D

The city council is considering a new ordinance to require stores provide reusable bags and eliminate disposal paper or plastic bags.In determining whether to pass the law,the city council obtained an estimate for the expense stores would incur in offering reusable instead of disposable bags.They also obtained estimate for the savings which would result from not having to clean up litter from disposable bags.Finally,they consulted with an environmentalist to assess the positive impact that phasing out bags would have,including enhanced safety for local wildlife.In deciding whether to pass the law,the council relied on:

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Because of the law,we rely on the goodwill and dependability of one another.

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If a victim of assault does not want the abuser arrested but the prosecutor brings charges anyway since the assault violated criminal laws,the reason for the prosecutor's actions is:

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Constitutions and statutes always cover all of the detailed rules that affect business and government relations.

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Bob's action against Ricardo for defamation involves which types of law?

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Which of the following is an executive agency?

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When the Securities and Exchange Commission prosecutes someone for insider trading,the prosecution is an example of which type of law?

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A national restaurant chain must pay damages for breach of contract to a cooking oil supplier.What type of law is involved?

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Candy wants to start an Internet business doing business which will operate domestically as well as internationally.She is told by the Chinese government that certain items on her site are objectionable and illegal,and that if she wants to do business in China,she must remove the objectionable material.Which of the following is true?

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Assume a judge writes that she is deciding to enforce a law in question but that her decision does not mean that she sees the law as the morally correct rule.The judge would have leanings in the direction of ________.

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The concept of ________ suggests that individuals should have the freedom to disobey a law enacted by people if their conscience goes against the law and they believe the law is wrong.

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"Legal positivism" is also known as "natural law."

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The text references two ways in which a treaty between the U.S.and a foreign country is similar to a contract.Discuss these two ways.

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Which of the following entities enforces laws?

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When courts rely on precedent,they are obeying _.

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When the officer declared that Hannah must obey duly authorized law,his statement was a reference to which of the following?

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What is the role of the World Trade Organization?

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Which of the following is reported in the Federal Reporter?

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