Question 1

Federal agency regulations do not take precedence over conflicting state regulations.

Accepted Answer

A) True 
 B)False

Question 2

To benefit from international trade, individual nations agree to be governed by

Accepted Answer

A)   international law.
B)   the Uniform Commercial Code.
C)   none of the choices.
D)   the laws of other nations.E) C) and D)
F) A) and D)

Question 3

There are no precedents on which the court deciding the case Algorithm Corp. v. Beta Bytes, Inc., can base its decision. The court can consider, among other things,

Accepted Answer

A)   the opinions of the friends and relatives of the judge.
B)   the results of a poll of those in the courtroom.
C)   government policy based on widely held social values.
D)   all of the choices.E) B) and C)
F) A) and B)

Question 4

Criminal statutes proscribe

Accepted Answer

A)   the prosecution of private individuals by other private individuals.
B)   the prosecution of public officials by private individuals.
C)   the relief available when a person's rights are violated.
D)   wrongs committed against society for which society demands redress.E) A) and C)
F) A) and D) D

Question 5

An administrative legislative rule is not legally binding on businesses.

Accepted Answer

A) True 
 B)False  False

Question 6

International law derives from a variety of sources, including the laws of individual nations.

Accepted Answer

A) True 
 B)False

Question 7

The common law is a body of law developed from judicial decisions.

Accepted Answer

A) True 
 B)False

Question 8

On a challenge to a provision in a state constitution that conflicts with a provision in the U.S. Constitution

Accepted Answer

A)   neither provision will be enforced.
B)   both provisions will be enforced.
C)   the state provision will be enforced only within that state's borders.
D)   the state provision will not be enforced.E) B) and D)
F) None of the above

Question 9

Compartmentalizing the law into discrete topics indicates that each business transaction is subject to only one specific area of the law.

Accepted Answer

A) True 
 B)False

Question 10

In a civil case, the object is to

Accepted Answer

A)   resolve a dispute to the satisfaction of all concerned parties.
B)   take coercive action against a violating party.
C)   punish a wrongdoer to deter others from similar actions.
D)   obtain a remedy to compensate the injured party.E) None of the above
F) All of the above

Question 11

Often, more than one rule of law will be applicable to a case.

Accepted Answer

A) True 
 B)False

Question 12

The classification of law that concerns the rights and duties that exist between persons and between citizens and their government is

Accepted Answer

A)   criminal law.
B)   civil law.
C)   natural law.
D)   legal positivism.E) B) and C)
F) A) and C)

Question 13

The Uniform Commercial Code facilitates commerce

Accepted Answer

A)   among the states.
B)   between the states and the federal government.
C)   in countries that were once colonies of Great Britain.
D)   in international markets.E) A) and B)
F) All of the above

Question 14

Even if it conflicts with the U.S. Constitution, a state constitution is supreme within that states' borders.

Accepted Answer

A) True 
 B)False

Question 15

Independent regulatory agencies are not subject to the authority of the president.

Accepted Answer

A) True 
 B)False

Question 16

The Securities and Exchange Commission decides to create a new rule relating to the dissemination of material nonpublic information through social media. The first step is

Accepted Answer

A)   compile the rule with others in the Federal Register.
B)   draft the rule.
C)   publish a notice of the proposed rulemaking.
D)   solicit public comment.E) A) and B)
F) None of the above

Question 17

In a suit against Guillermo, Hailey obtains an award of damages. This is

Accepted Answer

A)   an order to do or to refrain from doing a certain act.
B)   the right to harm another.
C)   a payment of money or property.
D)   the cancellation of a contract.E) A) and C)
F) A) and D)

Question 18

There is one right answer to every legal question.

Accepted Answer

A) True 
 B)False

Question 19

Primary sources of law include

Accepted Answer

A)   legal encyclopedias.
B)   official comments to statutes.
C)   case law.
D)   legal treatises.E) A) and D)
F) A) and C)

Question 20

Each court has a jurisdiction. Jurisdiction is best defined as

Accepted Answer

A)   a doctrine that follows established precedents.
B)   the geographic area in which a court has the power to apply the law.
C)   a judicial proceeding to redress a wrong.
D)   a situation giving a person a right to initiate a judicial proceeding.E) All of the above
F) B) and C) B

Exam 1: Law and Legal Reasoning

Federal agency regulations do not take precedence over conflicting state regulations.

Correct AnswerverifiedShow Answer

To benefit from international trade, individual nations agree to be governed by

Correct AnswerverifiedShow Answer

There are no precedents on which the court deciding the case Algorithm Corp. v. Beta Bytes, Inc., can base its decision. The court can consider, among other things,

Correct AnswerverifiedShow Answer

Criminal statutes proscribe

Correct AnswerverifiedD

An administrative legislative rule is not legally binding on businesses.

Correct AnswerverifiedFalse

International law derives from a variety of sources, including the laws of individual nations.

Correct AnswerverifiedShow Answer

The common law is a body of law developed from judicial decisions.

Correct AnswerverifiedShow Answer

On a challenge to a provision in a state constitution that conflicts with a provision in the U.S. Constitution

Correct AnswerverifiedShow Answer

Compartmentalizing the law into discrete topics indicates that each business transaction is subject to only one specific area of the law.

Correct AnswerverifiedShow Answer

In a civil case, the object is to

Correct AnswerverifiedShow Answer

Often, more than one rule of law will be applicable to a case.

Correct AnswerverifiedShow Answer

The classification of law that concerns the rights and duties that exist between persons and between citizens and their government is

Correct AnswerverifiedShow Answer

The Uniform Commercial Code facilitates commerce

Correct AnswerverifiedShow Answer

Even if it conflicts with the U.S. Constitution, a state constitution is supreme within that states' borders.

Correct AnswerverifiedShow Answer

Independent regulatory agencies are not subject to the authority of the president.

Correct AnswerverifiedShow Answer

The Securities and Exchange Commission decides to create a new rule relating to the dissemination of material nonpublic information through social media. The first step is

Correct AnswerverifiedShow Answer

In a suit against Guillermo, Hailey obtains an award of damages. This is

Correct AnswerverifiedShow Answer

There is one right answer to every legal question.

Correct AnswerverifiedShow Answer

Primary sources of law include

Correct AnswerverifiedShow Answer

Each court has a jurisdiction. Jurisdiction is best defined as

Correct AnswerverifiedB

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D

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False

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B