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BUSN 420 Business Law week 1 Quiz 1 set 1 and set 2 Answer

BUSN 420 Business Law week 1 Quiz 1 set 1 and set 2 Answer

BUSN 420 Business Law week 1 Quiz 1 set 1 and set 2 Answer

BUSN 420 Business Law week 1 Quiz 1 set 1 and set 2 Answer

BUSN 420 Business Law week 1 Quiz 1 set 1 and set 2 Answer

BUSN 420 Business Law week 1 Quiz 1 set 1 and set 2 Answer


Set 1

1. Question : (TCO 1) The Securities Exchange Commission (SEC) is an administrative agency. Like other administrative agencies, the SEC was established to

Student Answer: act as a liaison between federal and state governments.

impose uniform laws on the states.

perform a specific function.

standardize laws for the executive and judicial branches.

2. Question : (TCO 1) The River City Council, the Santa Clara County Board, the Texas state legislature, and the U.S. Congress enact laws. These laws constitute

Student Answer: administrative law.

case law.

stare decisis.

statutory law.

3. Question : (TCO 1) Jill is an appellate court judge. In this capacity, Jill establishes a rule of law. Under the doctrine of stare decisis, the principle must be adhered to by

Student Answer: all courts.

courts of lower rank only.

that court and courts of lower rank.

that court only.

4. Question : (TCO 1) Krystal is a federal judge. Krystal’s judicial decisions are part of case law. This law includes interpretations of primary sources of law. These sources include

Student Answer: administrative regulations.

articles in law reviews and other legal journals.

compilations summarizing court decisions on particular topics.

legal encyclopedias.

5. Question : (TCO 1) Sam is a judge hearing the case of Local Co. v. National Corpage. Applying the relevant rule of law to the facts of the case requires Sam to find previously decided cases that, in relation to the case under consideration, are

Student Answer: as different as possible.

as similar as possible.

at odds.

exactly identical.

6. Question : (TCO 2) Dru, a U.S. citizen, is the owner of Egret, Inc. Egret’s competitors includes Feathered Friends Company (FFC), which is owned by Greg and Huey. The Bill of Rights embodies a series of protections for Dru against types of interference by

Student Answer: FFC and its other competitors only.

FFC, Greg, Huey, others, and the government.

Greg, Huey, and other private individuals only.

the government only.

7. Question : (TCO 2) Expendable Energy Corporation regularly expresses opinions on political issues. Under the First Amendment, corporate political speech is given

Student Answer: little protection.

no protection.

significant protection.

total protection.

8. Question : (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the commerce clause, Congress has the power to regulate

Student Answer: any commercial activity in the United States.

only activities that are in intrastate commerce.

only activities that are in local commerce.

only activities that are not in commerce.

9. Question : (TCO 2) A Minnesota state statute restricts certain kinds of advertising to protect consumers from being misled. A court would likely hold this statute to be

Student Answer: an unconstitutional restriction of speech.

constitutional under the First Amendment.

justified by the need to protect individual rights.

necessary to protect national interests.

Instructor Explanation: Page 39

10. Question : (TCO 2) Jon, a law enforcement official, monitors Kelsey’s Internet activities – e-mail and website visits to gain access to her personal financial data and student information. This may violate Kelsey’s right to

Student Answer: equal protection of the law.

privacy.

procedural due process.

substantive due process.

Set 2

Week 1 : Common Law Tradition; Constitutional Law – Quiz

Time Remaining:

Question 1. 1. (TCO 1) In Sales Distribution Corpage v. Consumer Products Co., the court decides that a precedent is incorrect or inapplicable. The court (Points : 2)
may rule contrary to the precedent.
must apply the precedent.
must ask a higher court to rule on the case.
must refuse to decide the case.

Question 2. 2. (TCO 1) The Securities Exchange Commission (SEC) is an administrative agency. Like other administrative agencies, the SEC was established to (Points : 2)
act as a liaison between federal and state governments.
impose uniform laws on the states.
perform a specific function.
standardize laws for the executive and judicial branches.

Question 3. 3. (TCO 1) Grady is a judge. In his court, Grady may bar a suit if it is not filed within a proper time according to (Points : 2)
a statute of limitations.
the doctrine of stare decisis.
the chancellor’s discretion.
the king’s conscience.

Question 4. 4. (TCO 1) When Overseas Exports, Inc., based in New York, does business internationally; the firm may be subject to international law. The sources of this law include (Points : 2)
the laws of individual nations only.
treaties and international organizations only.
the laws of individual nations, and treaties and international organizations.
none of the choices.

Question 5. 5. (TCO 1) The U.S. Congress enacts a new federal statute that imposes liability on businesses emitting significant amounts of a certain pollutant into the environment. This statute applies (Points : 2)
only to matters not covered by state law.
only to those states that adopt the statute.
to all of the states.
to none of the states.

Question 6. 6. (TCO 2) The Constitution provides that no person shall be deprived of “life, liberty, or property without due process of law.” Under this clause, “persons” include (Points : 2)
animals and other “beings in nature.”
buildings and other “manmade creations.”
corporations and other “legal persons.”
none of the choices.

Question 7. 7. (TCO 2) Congress enacts a law prohibiting toys made in China from being sold in the United States. The Hawaii state legislature enacts a law allowing the sale of Chinese-made toys. Hawaii’s law will most likely be (Points : 2)
rendered invalid under the supremacy clause.
rendered valid the free exercise clause.
struck down under the due process clause.
upheld under the commerce clause.

Question 8. 8. (TCO 2) Levi, a citizen of Maryland, obtains a federal license to operate a commercial fishing boat in Chesapeake Bay. The Maryland state legislature enacts a law that bans all commercial fishing in the bay. The state law most likely violates (Points : 2)
no provision in the U.S. Constitution.
the commerce clause.
the due process clause.
the supremacy clause.

Question 9. 9. (TCO 2) Congress enacts a law that sets out a rigorous medical-device premarket approval process for the U.S. Food and Drug Administration to follow. The law includes a preemption provision. Joe is injured by a device that underwent the process and files a claim under New Hampshire state law to recover for the injury. The court will most likely rule that (Points : 2)
Joe’s state law claim preempts the federal law.
the federal law and state law claim are concurrent.
the federal and state law claim cancel each other out.
the federal law preempts Joe’s state law claim.

Question 10. 10. (TCO 2) Tori files a suit against the state of Utah, claiming that a Utah state law violates the commerce clause. The court will agree if the statute (Points : 2)
impinges on citizens’ private activities.
imposes a substantial burden on interstate commerce.
imposes a substantial burden on the state.
promotes the public order, health, safety, morals, or general welfare.

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