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Business Law Chapter 1 Review.

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Presentation on theme: "Business Law Chapter 1 Review."— Presentation transcript:

1 Business Law Chapter 1 Review

2 The laws, or enforceable rules of conduct in a society, do not reflect the culture and circumstances that create them. False

3 Laws in this country are created only at the federal and state levels of government
False

4 The Supreme Court of the United States is the final interpreter of the federal constitution
True

5 The world’s two great systems of law are the English common law and the Napoleonic Code.
False

6 Ethical reasoning about right and wrong is based solely on consequences
False

7 Administrative agencies are usually controlled by the judicial branch of the government
False

8 The goal of civil disobedience is to advance the self-interest of one group over another.
False

9 The system of law in the United States is based on the English Common Law.
True

10 The doctrine of stare decisis requires lower courts to follow established case law in deciding similar cases. True

11 In the United States today, law courts and equity courts generally are merged.
True

12 The Bill of Rights to the Declaration of Independence contain the basic rights upon which the federal government cannot infringe on. False

13 The Bill of Rights is the Supreme Law of the land
False

14 The two ethical basis for U.S. law are utilitarianism and Kantian.
True

15 Civil disobedience is a violent occurrence is response to a law that is perceived to be unjust.
False

16 Statutes are enacted by legislatures, either Federal or State.
True

17 A group of laws in organized form
Code

18 The power to decide a case.
jurisdiction

19 Law that is based on current standards or customs.
Common law

20 Panel of citizens who help interpret society’s customs
Jury

21 Enforceable rules of conduct in society
Laws

22 Created when constitutions are amended or adopted.
Constitutional law

23 Laws enacted by local legislatures (ie: city, county)
ordinances

24 Enforces legal rights and duties
Procedural law

25 Defines legal rights and duties
Substantive Law

26 Court appointed by Henry II
King’s Bench


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