Test Bank All - Business Law, 11e (Cheeseman) Chapter 1 Legal H...

Business Law 11e Henry Cheeseman (Test Bank All Chapters) 1 / 4

1 Copyright © 2022 Pearson Education, Inc.Business Law, 11e (Cheeseman) Chapter 1 Legal Heritage and the Information Age 1) Which of the following is that which must be obeyed and followed by citizens subject to sanctions or legal consequences?

• morality
• philosophy
• law

D)religion

Answer: C

Diff: 1

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept

2) Law is described as ________.

• a body of rules of action or conduct prescribed by controlling authority, and having binding

legal force

• a study of fundamental problems, such as those connected with existence, knowledge, and

language

• a system that builds and organizes knowledge in the form of testable explanations and

predictions

• a group of hypotheses employed to explain a phenomenon

Answer: A

Diff: 1

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept

3) Which of the following would be considered an example of shaping moral standards, as seen as a function of the law?

• laws granting freedom of speech and religion
• laws discouraging drug and alcohol abuse
• laws providing rights to peaceful protest
• laws preventing overthrow of a government

Answer: B

Diff: 2

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept 2 / 4

2 Copyright © 2022 Pearson Education, Inc.4) What function of the law is being served when passing laws that prohibit discrimination at workplaces?

• keeping the peace
• providing a basis for compromise
• maintaining the status quo
• promoting social justice

Answer: D

Diff: 2

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept

5) Halfren, a county in the state of Halizona, is extremely earthquake-prone. The governor of Halizona sets up a committee to study the effects of past earthquakes on Halfren and the possible methods that could be used to minimize damage and loss of life. The committee found that a new technique of using steel reinforcements in building columns would help reduce overall damages.The findings were put to a debate at the local town hall, where it was accepted by a majority of the residents of Halfren. The state government then passed a law making it mandatory to use the new steel-reinforced columns while constructing new buildings in Halfren. Which of the following functions of the law did the state government of Halizona exhibit in this case?

• promoting social justice
• maximizing individual freedom
• shaping moral standards
• facilitating orderly change

Answer: D

Diff: 2

LO: 1.1 Define law.

AACSB: Application of knowledge

Classification: Application

6) What function of the law is being served when passing laws that protect the U.S. government from the risk of being forcefully overthrown?

• maintaining the status quo
• shaping moral standards
• facilitating orderly change
• promoting social justice

Answer: A

Diff: 2

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept

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3 Copyright © 2022 Pearson Education, Inc.7) By allowing the United States citizens to practice any religion of their choice, what essential function of the law does the U.S. Constitution serve?

• facilitating orderly change
• maintaining the status quo
• maximizing individual freedom
• facilitating planning

Answer: C

Diff: 1

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept

8) Mark Walton was involved in a car accident in which the airbag of his car failed to deploy. He sued the car manufacturer for installing faulty airbags. But in the course of the case being heard in court, the car company and Mark decided to settle the lawsuit out of court. What important function of the law was served in this case?

• promoting social justice
• maximizing individual freedom
• providing a basis for compromise
• maintaining the status quo

Answer: C

Diff: 2

LO: 1.1 Define law.

AACSB: Application of knowledge

Classification: Application

9) Laws should not attempt to shape society's moral standards.

Answer: FALSE

Diff: 1

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept

10) The American system of law is set up to be one of the fairest and most democratic systems ever developed. When our system of law fails, it is often because of human failure – abuses of discretion, mistakes by judges and juries, and unequal application of law.

Answer: TRUE

Diff: 2

LO: 1.1 Define law.

AACSB: Analytical thinking

Classification: Concept

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