Business Law- Chapter 1 Quiz

  1. Which of the following is legal yet unethical?
  2. Stealing money from your company safe
  3. Not reporting your boss for stealing
  4. Giving pam flowers for her birthday
  5. Working off the clock (voluntarily or not)
  6. _____ is the science or philosophy of law
  7. Civil Code
  8. Statutory Law
  9. Ethics
  10. Jurisprudence
  11. Laws enacted by legislative bodies at any level of government, such as the statues passed by Congress or by state legislatures, make up what body of law?
  12. Statutory law
  13. Uniform law
  14. Constitutional law
  15. Administrative law
  16. What term is used when there is no precedent for a case?
  17. Case of first impression
  18. Preponderance
  19. Case of initial view
  20. None of the above
  21. What term is used to describe a law passed by a city council?
  22. Common Law
  23. Ordinance
  24. Regulation
  25. Statuary Law
  26. _____ can be defined as the study of what constitutes right or wrong behavior
  27. Law
  28. Rule
  29. Ethics
  30. Business Ethics
  31. What is maximum profit?
  32. Only make as much money as you can while still acting ethically
  33. Do anything unethical or ethical to make the most profit possible
  34. Using the Golden Rule to make profit
  35. Only make as much profit as you can while following Kantian ethics
  36. Which of the following is a source of American Law?
  37. Case Law
  38. The U.S. Constitution
  39. Regulations
  40. Case law, the US Constitution, and regulations
  41. What is another name for a plaintiff?
  42. Respondent
  43. Judge
  44. Petitioner
  45. Defendant
  46. The body of law that is carried out by legislative bodies
  47. Cyberlaw
  48. Criminal law
  49. Natural law
  50. Statutory law
  51. John is determining what the next move for his company will be and is analyzing both the negative and positive effects his decisions may have. He is performing which type of analysis?
  52. Pro-con analysis
  53. Cost-benefit analysis
  54. Hire-fire analysis
  55. Effects analysis
  56. Which of the following means to undo a contract?
  57. Rescission
  58. Specific performance
  59. Injunction
  60. Equitable Remedy
  61. Mike steals Monica’s trademark and uses it on his product. She goes to court and wants the court to order him to stop using it.
  62. Rescission
  63. Injunction
  64. Specific performance
  65. Equitable Remedy
  66. The party who is initiating the lawsuit is known as the ______
  67. Plaintiff
  68. Defendant
  69. Respondent
  70. Judge
  71. Bob owns a company and wants to give a raise to one of his manager, but he would have to cut the pay of all the other employees. The one manager already makes twice as much as the other employees. If bob was to do this which ethical reasoning would this violate?
  72. Cost-benefit analysis
  73. Utilitarianism
  74. Corporate social responsibility
  75. Principle of rights
  76. Ken is running late for work and needs to get there quickly. Ken thinks about speeding the rest of the way to work and not slowing down for yellow lights. He is sure he won’t get caught so that wouldn’t be an issue. Despite this Ken decides not to speed to work because he believes if everyone sped to work it would be unsafe, so he won t and decides to just call in to work. What form of ethics is Ken engaging in?
  77. Principle of rights
  78. Utilitarianism
  79. The ten commandments
  80. Kantian Ethics
  81. The highest source of law in the United States is:
  82. The U.S. Constitution
  83. State Constitutions
  84. City Ordinances
  85. Federal Statutes