Introduction To Business Law Test Quiz- III

9 Questions | Total Attempts: 192

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Business Law Quizzes & Trivia

Welcome to Introduction to Business Law Test Quiz- III. In business, there are many ways to break the rule of law, for example, fraud or extortion. Business law teaches us the policies and laws of governments and commissions to minimize such risks. Take up chapter one quiz on business law and refresh your memory.


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

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