Reference no: EM13467845

1) When statutes are passed only after considerable study, debate and public input, this is an example of which function of the law?

A. Keeping the peace.

B. Shaping moral standards.

C. Maintaining the status quo.

D. Facilitating orderly change.

2) The Federal Trade Commission is an example of:

A. A branch of the U.S. Supreme Court.

B. A temporary commission created by executive order that has become permanent.

C. A federal agency created by Congress.

D. A corporation subsidized by the federal government.

3) What was the U.S. Supreme Court's reaction to a case where a business executive was found guilty of aiding and abetting in the bribery of an Internal Revenue Service Agent even though the Internal Revenue Service agent had been found not guilty of the bribery in a separate trial?

A. Because of the inconsistent outcomes, a third combined trial was ordered to reconcile the different outcomes.

B. This simply underscores the fact that there is always the possibility that different juries might reach different results in a given situation.

C. Because one of the defendants had been found guilty, then both should have been found guilty.

D. Because one of the defendants had been found not guilty, they both should have been found not guilty.

4) Which of the following is not one of the Caux Round Table Principles for International Business?

A. Promotion of Multiculturalism.

B. Respect for the Environment.

C. Avoidance of Illicit Operations.

D. Support for Multilateral Trade.

5) Which of the following statements is true regarding the relationship of law and ethics?

A. In some cases the law will require a higher standard of conduct than ethics, but never vice versa.

B. Depending on the circumstances, the law can require a higher, lower, or the same standard of conduct as ethics demands.

C. The legal requirements will almost always be the same as the ethical requirement because the law is based on the ethical standards.

D. In some cases ethics will require a higher standard of conduct than the law, but never vice versa.

6) What did the appeals court rule when General Motors was sued in Ypsilanti, Michigan?

A. General Motors had to reduce the wages of its employees contrary to a collective bargaining agreement so that the factory would remain profitable.

B. The promises made by General Motors to maintain continuous employment at its Willow Run plant were merely expressions of hope and did not amount to an enforceable promise.

C. General Motors could not outsource work currently being performed in its own factory.

D. General Motors had to lay off a portion of the workforce at one of its other factories.

7) In general, the courts in a civil law system play a much larger role in making law than in a common law system.

A. True

B. False

8) Most federal circuits of the federal appellate court system are determined based on:

A. Geography.

B. The amount in controversy in the appeal.

C. Whether the case is criminal or civil.

D. The subject matter of the case being appealed.

9) An inferior trial court is one that:

A. Can hear only matters involving relatively small dollar amounts.

B. Can only hear certain kinds of cases.

C. Has an appointed judge rather than an elected judge.

D. Has had a larger than normal portion of its decisions overturned on appeal