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Chapter Quiz
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1
Which of the following does not determine what market participants may or may not do?
A)Constitutions
B)Corporations
C)Legislatures
D)Courts
2
All of the following include relevant areas of business law with respect to corporate management except:
A)White collar crimes
B)Antitrust law
C)Employment law
D)Property law
3
Which of the following is a purpose of law?
A)Provide order
B)Encourage social justice
C)Guarantee personal freedoms
D)All of the above
4
Civil law
A)Involves rights in relationships between persons
B)Involves responsibilities in relationships between persons
C)Involves remedies available when someone's rights are violated
D)All of the above
5
Which of the following is not an appropriate category/classification of law?
A)Civil law
B)Private law
C)"Quasi-criminal" law
D)Cyberlaw
6
Sources of business law include
A)The United States President
B)Corporate by-laws
C)Statutes
D)All of the above
7
An alternative name for "case law" is
A)Corpus juris secundum
B)Common law
C)Statutory law
D)Executive order
8
Major federal administrative agencies include all of the following executive agencies except
A)The Committee to Re-Elect the President
B)The Occupational Safety and Health Administration
C)The Small Business Administration
D)The Veteran's Administration
9
Which of the following is an example of a major federal administrative agency (independent agency)?
A)The Consumer Product Safety Commission
B)The Democratic National Committee
C)Veteran's Administration
D)Office of Personnel Management
10
"Schools of jurisprudence" include all of the following except
A)Natural law
B)Legal positivism
C)Legal realism
D)Deism







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