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Business Law 1

9 Questions
Business Law Quizzes & Trivia

Quiz is about chapter 1- business law1

Questions and Answers
  • 1. 
    The doctrine of stare decisis obligates judges to follow precedents established within their jurisdictions.
    • A. 

      True

    • B. 

      False

  • 2. 
    Common law develops from rules of law announced in court decisions.
    • A. 

      True

    • B. 

      False

  • 3. 
    Statutory law is legislation.
    • A. 

      True

    • B. 

      False

  • 4. 
    Congress enacted the Uniform Commercial Code for adoption by the states.
    • A. 

      True

    • B. 

      False

  • 5. 
    A citation includes the name of the judge who decided the case.
    • A. 

      True

    • B. 

      False

  • 6. 
    Congress can regulate any activity that substantially affects commerce.
    • A. 

      True

    • B. 

      False

  • 7. 
    A state can regulate any activity that substantially affects commerce.
    • A. 

      True

    • B. 

      False

  • 8. 
    The Bill of Rights protects individuals against types of interference by the federal government only.
    • A. 

      True

    • B. 

      False

  • 9. 
    Any restriction on commercial speech is unconstitutional.
    • A. 

      True

    • B. 

      False