Introduction To Business Law Quiz Part- I

10 Questions | Total Attempts: 71

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Business Law Quizzes & Trivia

Questions and Answers
  • 1. 
    Each legal norm consists of two main elements:
    • A. 

      Disposition and sanation

    • B. 

      Hypothesis of disposition and sanction

    • C. 

      Disposition and sanction

    • D. 

      Hypothesis of sanction and sanction

  • 2. 
    Individual legal norms are those addressed...
    • A. 

      Precisely to a kind of legal relationship

    • B. 

      Precisely to the named as the subject of a particular business field

    • C. 

      Precisely to the named as the subject of a particular relationship

    • D. 

      Precisely to the named as the subject that is to execute the norm

  • 3. 
    Dispositive legal norms are those that...
    • A. 

      Leave subjects full freedom to regulate mutual relations they are involved in

    • B. 

      Bind to one out of a few anticipated rules of conduct

    • C. 

      Leave subjects full freedom to regulate different relations(freedom within legal order framework)

    • D. 

      Leave subjects full freedom to regulate mutual relations(freedom within legal order framework)

  • 4. 
    There are three major systems of law in the world and those are:
    • A. 

      Continental European, Anglo-Saxon and Religious-Traditional

    • B. 

      Common-European, Anglo-Saxon and Religious-Traditional

    • C. 

      Continental European, Anglo-Saxon and Common-Law

    • D. 

      Continental Euroasian, Anglo-Saxon and Religious-Traditional

  • 5. 
    Elements of the system of law are:
    • A. 

      Legal norm, legal institution, source of law and field of law

    • B. 

      Legal norm, legal institution, brand of law and field of law

    • C. 

      Legal norm, legal institution, source of law and branch of law

    • D. 

      Legal norm, legal institution, branch of law and field of law

  • 6. 
    The pramble is a...
    • A. 

      Normative part of a constitution

    • B. 

      Substantive part of a constitution

    • C. 

      Introductory part of a constitution

    • D. 

      Fundamental part of a constitution

  • 7. 
    A court ruling is (or may be)...
    • A. 

      An individual legal document

    • B. 

      A general legal document

    • C. 

      Both general and individual legal document

    • D. 

      A legal transaction

  • 8. 
    The hierarchy of sources of law (from highest to lowest legal force):
    • A. 

      Constitution, acts, bylaws, precedent, general doc. of non-state organizations, customs and court documents

    • B. 

      Constitution, acts, bylaws, general doc. of non-state organizations, customs and court documents

    • C. 

      Constitution, acts, bylaws, general doc. of non-state organizations, court organs and court documents

    • D. 

      Constitution, bylaws, acts, general doc. of non-state organizations, customs and court documents

  • 9. 
    The possibility of a subject of law to bear powers and obligations is called its
    • A. 

      Business capacity

    • B. 

      Legal capacity

    • C. 

      Legal subjectivity

    • D. 

      Willingness to interact into a legal procedure

  • 10. 
    A legal person is...
    • A. 

      Created with payed investment, and ceases with lost of the initial investment

    • B. 

      Created by establishment, and ceases with detention from a proper registry

    • C. 

      Created by endowment, and ceases with deletion from a proper registry

    • D. 

      Created by establishment, and ceases with deletion from a proper registry

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