Quiz: Take The Business Law Midterm Exam Test!

21 Questions | By ProfessorP | Updated: Mar 22, 2022 | Attempts: 2865

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Quiz: Take The Business Law Midterm Exam Test! - Quiz

Over the first half of the semester we have been able to cover much on business law and as we come closer to the midterms there is increased need to be on our feet on what we learnt so far. The take up the business law midterm 1 part two quiz and refresh your memory.

Questions and Answers

1.

Each state has its own constitution.
- A.
  
  True
- B.
  
  False
2.

"Stare decisis" is a doctrine obligating judges to follow precedents established within their jurisdictions.
- A.
  
  True
- B.
  
  False
3.

A substantive law creates or defines legal rights and obligations.
- A.
  
  True
- B.
  
  False
4.

The function of the courts is to interpret and apply the law.
- A.
  
  True
- B.
  
  False
5.

A state court cannot exercise jurisdiction over all of the property located withing the boundaries of the state.
- A.
  
  True
- B.
  
  False
6.

Mandatory arbitration clauses in employment contracts are not enforceable.
- A.
  
  True
- B.
  
  False
7.

A state's rules of civil procedure govarn a civil trial held in that state's courts.
- A.
  
  True
- B.
  
  False
8.

An answer can deny the allegations made in a complaint.
- A.
  
  True
- B.
  
  False
9.

In most states, if neither party requests a jry , the court will seat a jury on its own motion.
- A.
  
  True
- B.
  
  False
10.

The courts can hold acts of the legislative and executive branches unconstitutional.
- A.
  
  True
- B.
  
  False
11.

Congress may regulate any activity that substantially affects interstate commerce.
- A.
  
  True
- B.
  
  False
12.

The First Amendment protects obscene speech.
- A.
  
  True
- B.
  
  False
13.

The unethical conduct of corporate management is unlikely to affect the behavior of lower-level employees.
- A.
  
  True
- B.
  
  False
14.

Setting realistic workplace goals can reduce the probability that employees will act unethically.
- A.
  
  True
- B.
  
  False
15.

According to utilitarianism, it does not matter how many people benefit from an act.
- A.
  
  True
- B.
  
  False
16.

To commit an intentional tort, a person need not act with a harmful motive.
- A.
  
  True
- B.
  
  False
17.

An assault may be committed when a person acts in a way so as to create an apprehension of offensive contact in the distant future.
- A.
  
  True
- B.
  
  False
18.

A store manager may delay a suspected shoplifter if the manager has probable cause to justify delaying the suspect.
- A.
  
  True
- B.
  
  False
19.

Strict liability is imposed for reasons other than fault.
- A.
  
  True
- B.
  
  False
20.

A party who unintentionally uses the trademark of another will not be liable for trademark infringement.
- A.
  
  True
- B.
  
  False
21.

A patent applicant must demonstrates that the invention, discovery, or design is commercially practicable to receive a patent.
- A.
  
  True
- B.
  
  False