Business Law And Ethics Test Quiz Part- II
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Business Law and Ethics that includes the notes for the Constitution, Introduction to Law, Crimes, Business Ethics and Morality
Questions and Answers
- 1.
What type of law system does the United States use today?
- A.
Common Law
- B.
Maritime Law
- C.
Canonical Law
- D.
Discretionary Law
Correct Answer
A. Common LawExplanation
The United States uses a common law system today. Common law is a legal system based on precedent and court decisions rather than written statutes. Under this system, judges have the authority to interpret and apply the law, and their decisions become binding for future cases. This system allows for flexibility and adaptability as it evolves over time. In the United States, common law is the foundation of the legal system, although statutory laws passed by legislatures also play a significant role.Rate this question:
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- 2.
What are the three levels of legal systems in America?
- A.
Federal, State, and Local
- B.
Federal, Judicial, and Local
- C.
Judicial, Legislative, and Executive
- D.
Discretionary, Judicial, and Executive
Correct Answer
A. Federal, State, and LocalExplanation
The correct answer is Federal, State, and Local. In America, the legal system is structured in three levels. The Federal level refers to the laws and courts that govern the entire country. The State level refers to laws and courts that are specific to each individual state. The Local level refers to laws and courts that are specific to a particular county or city within a state. These three levels work together to create a comprehensive legal system that addresses both national and local issues.Rate this question:
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- 3.
What is another name for a law create in the state of Colorado?
- A.
Statute
- B.
Ordinance
- C.
Regulation
- D.
Legality
Correct Answer
A. StatuteExplanation
A statute is a formal written law created by the legislative branch of a government. In the context of the question, the term "law created in the state of Colorado" refers to a statute enacted by the Colorado legislature. Therefore, the correct answer is "Statute."Rate this question:
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- 4.
Most Supreme Court decisions are made off of past caes being decided, otherwise known as...
- A.
Statutes
- B.
Precedent
- C.
Legality
- D.
Jargon
Correct Answer
B. PrecedentExplanation
The correct answer is "Precedent." Precedent refers to past court decisions that serve as a basis for future rulings. Supreme Court decisions are often influenced by previous cases and the principles established in those cases. Justices consider how similar cases were decided in the past and use those decisions as a guide to determine the outcome of the current case. This ensures consistency and predictability in the legal system.Rate this question:
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- 5.
The Detroit City Charter is an example of a local level Constitution
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
The Detroit City Charter serves as a local level Constitution because it outlines the structure and powers of the city government, establishes the rights and responsibilities of its residents, and provides a framework for how the city operates. Similar to a Constitution, the Charter sets the rules and principles that govern the city and serves as a foundational document for local governance.Rate this question:
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- 6.
What are the four types of law that exist in the United States today?
- A.
Constitutional, Statutory, Administrative, and Case
- B.
Precedent, Constitutional, Judicial, Legislative
- C.
Legislative, Executive, Judicial
Correct Answer
A. Constitutional, Statutory, Administrative, and CaseExplanation
The correct answer is Constitutional, Statutory, Administrative, and Case. These four types of law exist in the United States today. Constitutional law refers to the laws outlined in the Constitution, which establish the framework of the government and protect individual rights. Statutory law is created by legislative bodies and encompasses laws passed by Congress and state legislatures. Administrative law pertains to the regulations and rules created by administrative agencies to implement and enforce statutory laws. Case law, also known as common law, is established through judicial decisions and interpretations of the law by courts. Together, these four types of law form the legal system in the United States.Rate this question:
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- 7.
The first ten of amendments to the Constitution are also called the....
Correct Answer
Bill of Rights
bill of rightsExplanation
The first ten amendments to the Constitution are commonly referred to as the Bill of Rights. These amendments were added to the Constitution to protect individual rights and limit the power of the government. The term "bill of rights" refers to a list of fundamental rights that are guaranteed to citizens. The capitalization of the words does not affect the meaning, as both "Bill of Rights" and "bill of rights" refer to the same set of amendments.Rate this question:
- 8.
Which type of commerce happens between multiple states?
- A.
Intrastate
- B.
Interstate
- C.
Commercialized
- D.
Governmental
Correct Answer
B. InterstateExplanation
Interstate commerce refers to the trade and exchange of goods and services between different states within a country. This type of commerce involves the movement of goods across state borders and is regulated by the federal government. It is distinct from intrastate commerce, which refers to trade within a single state. Therefore, the correct answer is "Interstate."Rate this question:
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- 9.
Constitutional Law regulates interstate and intrastate commerce.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
Constitutional Law regulates interstate and intrastate commerce. This statement is true because the Commerce Clause of the United States Constitution grants the federal government the power to regulate commerce among the states and with foreign nations. This includes both interstate commerce (commerce between states) and intrastate commerce (commerce within a single state). The Supreme Court has interpreted this clause broadly, allowing the federal government to regulate various aspects of commerce, such as trade, transportation, and business activities that have an impact on interstate commerce. Therefore, Constitutional Law does indeed regulate both interstate and intrastate commerce.Rate this question:
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- 10.
What type of law is handled by state governments or federal agencies?
- A.
Statutory
- B.
Case
- C.
Governmental
- D.
Ordinance
Correct Answer
A. StatutoryExplanation
State governments and federal agencies handle statutory law. Statutory law refers to laws that are created by legislative bodies, such as state legislatures or the U.S. Congress. These laws are written down and codified, and they govern a wide range of issues, including criminal offenses, civil rights, and regulations for various industries. State governments are responsible for creating and enforcing laws within their jurisdiction, while federal agencies, such as the Environmental Protection Agency or the Federal Trade Commission, are tasked with implementing and enforcing federal laws and regulations.Rate this question:
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- 11.
Which of the following is an example of an agency that is capable of creating administrative law?
- A.
Department of Motor Vehicles
- B.
Consumer Protection Bureau
- C.
Generally Accepted Accounting Procedural Council
Correct Answer
A. Department of Motor VehiclesExplanation
The Department of Motor Vehicles is an example of an agency that is capable of creating administrative law because it is responsible for regulating and enforcing laws related to motor vehicles and driver's licenses. This agency has the authority to create and enforce rules and regulations that govern the operation of motor vehicles, ensuring safety and compliance with the law.Rate this question:
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- 12.
Where is case law typically decided?
- A.
Judicial Branches of the Government
- B.
Legislative Bodies
- C.
Executive Bodies
- D.
Town Boards
Correct Answer
A. Judicial Branches of the GovernmentExplanation
Case law is typically decided in the judicial branches of the government. This is because the judicial branch is responsible for interpreting and applying the law in specific cases. Judges and courts have the authority to make legal decisions and establish precedents that become part of the case law. Legislative bodies, executive bodies, and town boards do not have the same jurisdiction or authority to decide case law. Therefore, the correct answer is judicial branches of the government.Rate this question:
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- 13.
What is the name of the process that occurs after a trial has ended and one of the parties has appealed to a higher court
Correct Answer
Appellate Review
appellate reviewExplanation
After a trial has ended and one of the parties has appealed to a higher court, the process that takes place is known as appellate review. This involves the higher court reviewing the decisions made during the trial to determine if any errors were made or if the law was correctly applied. The purpose of appellate review is to ensure that the trial was fair and that the correct legal principles were followed. It allows for a higher court to potentially overturn or modify the decision made in the lower court.Rate this question:
- 14.
Morality is best described as....
- A.
Standards that only an individual has about right and wrong
- B.
Standards that an individual and/or a group has about what is right and wrong or good or evil
- C.
Typically is related to dogmatic law only
- D.
Not something considered in modern societies.
Correct Answer
B. Standards that an individual and/or a group has about what is right and wrong or good or evilExplanation
Morality is best described as the standards that individuals and/or groups have about what is right and wrong or good and evil. It encompasses the principles, values, and beliefs that guide individuals' actions and decisions. Morality is not limited to an individual's personal standards but also includes societal norms and cultural beliefs. It is an important aspect of human behavior and is considered in modern societies as it helps maintain social order and promote ethical behavior.Rate this question:
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- 15.
What is the definition of a moral norm?
- A.
Expressed as general rules or statements
- B.
Expressed as religious doctrine
- C.
Expressed as moral tales of virtue and might
- D.
Not expressed at all
Correct Answer
A. Expressed as general rules or statementsExplanation
A moral norm refers to a standard or principle that guides individuals' behavior and actions in society. It is expressed as general rules or statements that outline what is considered morally right or wrong. These norms provide a framework for individuals to make ethical decisions and navigate social interactions. By expressing them as general rules or statements, moral norms can be universally understood and applied, irrespective of religious beliefs or individual interpretations. This definition emphasizes the importance of clarity and consistency in moral guidelines to ensure a cohesive and harmonious society.Rate this question:
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- 16.
What type of reasoning is deontology?
- A.
Moral Reasoning
- B.
Theoretical Reasoning
- C.
Understated Reasoning
- D.
Philosophical Reasoning
Correct Answer
A. Moral ReasoningExplanation
Deontology is a type of moral reasoning that focuses on the ethical principles and duties that guide our actions. It emphasizes the importance of following moral rules and obligations, regardless of the consequences or outcomes. Deontological ethics believes that certain actions are inherently right or wrong, and individuals have a moral duty to act in accordance with these principles. Therefore, the correct answer is "Moral Reasoning."Rate this question:
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- 17.
Deontology is the idea that good consequences cannot justify wrong or bad acts. Such as lying to the police to get a person who has been wrongly accused off of a murder charge.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
Deontology is a moral theory that emphasizes the importance of following moral rules and principles, regardless of the consequences. It holds that certain actions are inherently right or wrong, regardless of their outcomes. In the given scenario, lying to the police, although it may have good consequences in terms of saving an innocent person, would still be considered morally wrong according to deontology. This is because lying is seen as a violation of the moral rule against dishonesty, regardless of the intentions behind it. Therefore, the statement that good consequences cannot justify bad acts aligns with the principles of deontology.Rate this question:
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- 18.
What are moral rights also known as?
- A.
Moral Claims
- B.
Righteousness
- C.
Natural Law
- D.
Theoretical Law
Correct Answer
C. Natural LawExplanation
Moral rights are also known as natural law because they are based on the belief that there are inherent principles of right and wrong that exist universally and are not dependent on human laws or societal norms. Natural law theorists argue that moral rights are derived from a higher authority or a universal moral code, and they should be respected and upheld regardless of any legal or social considerations. This perspective emphasizes the intrinsic value and inherent rights of individuals, independent of any man-made laws or regulations.Rate this question:
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- 19.
What are natural rights protected by in the United States of America?
- A.
Church
- B.
Law
- C.
Peer Review Groups
- D.
Businesses
Correct Answer
B. LawExplanation
In the United States of America, natural rights are protected by law. The legal system ensures that individuals have certain inherent rights, such as the right to life, liberty, and property. These rights are protected and upheld through the laws and regulations set forth by the government. The legal framework provides a system of justice and enforcement to safeguard the natural rights of individuals in the United States.Rate this question:
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- 20.
False rights are based on the desires of a particular individual instead of the basic needs of humanity.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
False rights are rights that are not universally applicable or grounded in fundamental principles of human dignity and equality. Instead, they are based on the subjective desires or preferences of specific individuals. These false rights prioritize personal wants over the essential needs and rights of all individuals within a society. Therefore, the statement that false rights are based on the desires of a particular individual instead of the basic needs of humanity is true.Rate this question:
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- 21.
What are civil rights guaranteed by in the United States of America?
- A.
Constitution
- B.
Church Law
- C.
Dogmatic Law
- D.
Administrative Law
Correct Answer
A. ConstitutionExplanation
The civil rights guaranteed in the United States of America are protected by the Constitution. The Constitution is the supreme law of the land and it outlines the fundamental rights and freedoms of all individuals in the country. These rights include freedom of speech, religion, and assembly, as well as the right to due process and equal protection under the law. The Constitution serves as a safeguard for the civil rights of American citizens and ensures that their freedoms are protected by the government.Rate this question:
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- 22.
When the courts find a particular law in violation of the Constitution, what is that law declared?
- A.
Constitutional
- B.
Relevant
- C.
Unconstitutional
- D.
Violate
Correct Answer
C. UnconstitutionalExplanation
When the courts find a particular law in violation of the Constitution, they declare that law as unconstitutional. This means that the law goes against the principles and provisions outlined in the Constitution and is therefore deemed invalid and unenforceable. The courts have the power to strike down laws that are found to be unconstitutional, ensuring that the government operates within the boundaries set by the Constitution.Rate this question:
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- 23.
The capacity to do what is right even in the face of temptation or pressure to do othewise is called...
Correct Answer
integrity
IntegrityExplanation
Integrity refers to the ability to maintain moral and ethical principles, even when faced with temptations or pressures to act otherwise. It involves doing what is right and staying true to one's values and beliefs. In this context, integrity implies having the strength and courage to resist any external influences that may compromise one's principles or lead to unethical behavior.Rate this question:
- 24.
What is the name of an insurance policy that pays an employer money in case an employee theft occurs?
- A.
Fidelity Bond
- B.
Fatal Bond
- C.
Malpractice
- D.
Unknown Bond
Correct Answer
A. Fidelity BondExplanation
A fidelity bond is an insurance policy that pays an employer money in case an employee theft occurs. This type of bond provides financial protection to businesses against losses caused by fraudulent acts committed by their employees. It helps employers recover losses resulting from theft, embezzlement, forgery, or other dishonest acts committed by their employees. By having a fidelity bond in place, employers can mitigate the financial risks associated with employee theft and ensure that they are protected against potential losses.Rate this question:
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- 25.
What is the supreme law of the land in the United States of America?
- A.
Bill of Rights
- B.
Constitution
- C.
Declaration of Independence
- D.
Supreme Court
Correct Answer
B. ConstitutionExplanation
The Constitution is the supreme law of the land in the United States of America. It outlines the fundamental principles and framework of the government, as well as the rights and freedoms of its citizens. It establishes the three branches of government, their powers and limitations, and provides a system of checks and balances. The Constitution is the foundation of the legal system in the United States, and all other laws and regulations must be in accordance with it. It is considered the highest authority in the country and serves as a guide for the governance of the nation.Rate this question:
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- 26.
The first ten amendments to the Constitution are called the Bill of Legal Entities
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
The first ten amendments to the Constitution are actually called the Bill of Rights, not the Bill of Legal Entities. The Bill of Rights was added to the Constitution to protect individual rights and limit the power of the government. It guarantees important freedoms such as freedom of speech, religion, and the right to a fair trial. The term "Bill of Legal Entities" does not exist and is not a correct term for the first ten amendments. Therefore, the correct answer is False.Rate this question:
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- 27.
What was the name of the governmental policy adopted by the colonies during the Revolutionary War?
- A.
Articles of Confederation
- B.
Constitution
- C.
Declaration of Independence
- D.
Judicial Understanding Document
Correct Answer
A. Articles of ConfederationExplanation
The correct answer is Articles of Confederation. During the Revolutionary War, the colonies adopted the Articles of Confederation as their governmental policy. The Articles of Confederation served as the first constitution of the United States, establishing a loose alliance among the thirteen colonies. It provided a framework for the functioning of the government, granting limited powers to a central authority while preserving significant autonomy for the individual states. However, the Articles of Confederation proved to be ineffective in governing the nation, leading to the eventual adoption of the Constitution.Rate this question:
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- 28.
What does amendment mean?
- A.
To begin
- B.
To change
- C.
To identify
- D.
To elaborate
Correct Answer
B. To changeExplanation
Amendment means to change. It refers to the act of making alterations or modifications to a document, law, or agreement. When an amendment is made, it typically involves revising or adding new information to the existing content. Amendments are commonly used in legal and governmental contexts to update or modify laws, constitutions, or regulations. By choosing "To change" as the correct answer, it aligns with the definition of amendment and accurately reflects its meaning.Rate this question:
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- 29.
What is the current system of government in the United States of America?
- A.
Constitutional Republic
- B.
Pure Democracy
- C.
Socialistic Republic
- D.
Communist State
Correct Answer
A. Constitutional RepublicExplanation
The current system of government in the United States of America is a Constitutional Republic. In this type of government, the powers of the government are limited by a constitution, which outlines the rights and responsibilities of both the government and the citizens. The Constitution serves as the supreme law of the land and provides a framework for the separation of powers among the three branches of government: the executive, legislative, and judicial. This system ensures that the government operates within the boundaries set by the Constitution and protects individual liberties and rights.Rate this question:
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- 30.
Which amendment does sovereignty relate to the most?
- A.
Eleventh
- B.
Twenty-Sixth
- C.
Thirteenth
- D.
Tenth
Correct Answer
D. TenthExplanation
The Tenth Amendment relates to sovereignty the most because it states that any powers not delegated to the federal government are reserved for the states or the people. This means that the states have the ultimate authority and power within their own borders, and they can make decisions and laws that are not specifically granted to the federal government. This concept of state sovereignty is a key principle in the Tenth Amendment and is central to the idea of a federal system of government.Rate this question:
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- 31.
Using natural law, what did Artistotle want to create in Greece?
- A.
Constitutional Republic
- B.
Utopia
- C.
Communist State
- D.
Computer Program
Correct Answer
B. UtopiaExplanation
Aristotle wanted to create a Utopia in Greece using natural law. Utopia refers to an ideal society or community where everything is perfect, harmonious, and just. Aristotle believed that by understanding and following the natural laws that govern human behavior and society, it would be possible to create a utopian society in Greece.Rate this question:
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- 32.
Which priest/famous theologian came up with the idea of transcendental law/moral law?
- A.
St. Bernard
- B.
St. Christopher
- C.
St. Thomas Aquinas
- D.
St. Aristotle
Correct Answer
C. St. Thomas AquinasExplanation
St. Thomas Aquinas is the correct answer because he was a famous theologian who developed the concept of natural law, also known as moral law or transcendental law. Aquinas believed that there are universal moral principles that are inherent in human nature and can be discovered through reason. He argued that these principles are derived from God's eternal law and are applicable to all people, regardless of their religious beliefs. Aquinas' ideas on natural law have had a significant influence on moral philosophy and continue to be studied and debated today.Rate this question:
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- 33.
Business law is also known as what...
Correct Answer
Commercial Law
commercial lawExplanation
Business law is commonly referred to as commercial law. This branch of law deals with the legal aspects of business activities and transactions, including contracts, partnerships, corporations, and other commercial matters. It governs the rights, obligations, and conduct of individuals and organizations engaged in commerce. The term "commercial law" is often used interchangeably with "business law" to describe the legal framework that regulates business activities and ensures fair practices in the commercial world.Rate this question:
- 34.
What is the formal science of positive law?
- A.
Jurisprudence
- B.
Constitutional Law
- C.
Civil Rights
- D.
Commercial Law
Correct Answer
A. JurisprudenceExplanation
Jurisprudence is the correct answer because it refers to the formal science of positive law. It is the study and theory of law, including its origins, nature, and scope. Jurisprudence encompasses the philosophical, historical, and sociological aspects of law, providing a comprehensive understanding of legal systems and principles. Constitutional Law, Civil Rights, and Commercial Law are specific areas within the broader field of jurisprudence.Rate this question:
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- 35.
What does CSR stand for in terms of business ethics?
- A.
Corporate Social Responsibility
- B.
Creative Signalling Responses
- C.
Concurrent Socialistic Republics
- D.
Corporate Secure Reads
Correct Answer
A. Corporate Social ResponsibilityExplanation
CSR stands for Corporate Social Responsibility, which refers to a business's commitment to conduct its operations in an ethical and sustainable manner, while considering the impact on society, the environment, and stakeholders. This includes initiatives such as philanthropy, environmental sustainability, ethical labor practices, and community engagement. By practicing CSR, companies aim to contribute positively to society and demonstrate their commitment to ethical business practices.Rate this question:
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Mar 21, 2023Quiz Edited by
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Oct 25, 2011Quiz Created by
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