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Business Law Midterm 1 Part II

5 Questions
business law midterm 1 part II

Business Law Exam for SJSU

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Questions and Answers
  • 1. 
    The River CIty Council, the Santa Clara County Board, the Texas state legislature, and the U.S. Congress enact laws. These laws constitute
    • A. 

      Administrative law.

    • B. 

      Case law.

    • C. 

      Stare decisis.

    • D. 

      Statutory law.

  • 2. 
    The United States has a common law system. The common law began
    • A. 

      As a body of general rules applied in the courts throughout England.

    • B. 

      As a group of legal principles enacted by continental European nations.

    • C. 

      As part of the Roman civil law.

    • D. 

      In the Islamic courts of Muslim countries.

  • 3. 
    Silent Bob is a state court judge. In his court, as in most state courts, he may grant
    • A. 

      Equitable and legal remedies.

    • B. 

      Equitable remedies only.

    • C. 

      Legal remedies only.

    • D. 

      Neither.

  • 4. 
    Paula, a resident of California, owns a farm in Iowa. A dispute arises over the ownership of the farm with Don, a resident of Nevada. Don files a suit against Paula in Iowa. Regarding this suit, Iowa
    • A. 

      Can exercise diversity jurisdiction.

    • B. 

      Can exercise in personam jurisdiction.

    • C. 

      Can exercise in rem jurisdiction.

    • D. 

      Cannot exercise jurisdiction.

  • 5. 
    Ike files a suit against Tina. Before going to trial, the parties, with their attorneys, meet to try to resolve their dispute. A third party helps them to reach an agreement. This is
    • A. 

      Arbitration.

    • B. 

      Litigation.

    • C. 

      Mediation.

    • D. 

      Negotiation.