Test Bank For The Legal Environment of Business 12th Edition by by Roger E. Meinersq

Test Bank For The Legal Environment of Business 12th Edition by by Roger E. Meinersq

Multiple Choice

1. The first thing a business with a civil dispute going to litigation must determine is:

a. which court has the power and authority to decide the case b. the lowest settlement it is willing to take

c. how the press will view the case

d. how the case will affect profit margins e. none of the other choices are correct

ANSWER: a

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

2. The U.S. Constitution provides that the judicial power (the court system) is:

a. determined by the Congress establishing such courts as it deems necessary b. determined by the President with the advice and consent of the Senate

c. in one Supreme Court and in lower courts as the Supreme Court may establish d. in one Supreme Court and in lower courts as Congress may establish

e. none of the other choices are correct

ANSWER: d

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

3. The U.S. Constitution provides that the judicial power (the court system) is:

a. determined by the Congress establishing such courts as it deems necessary b. determined by the President with the advice and consent of the Senate

c. in one Supreme Court and in lower courts as the Supreme Court may establish d. in one Supreme Court and in lower courts as the President may establish

e. none of the other choices are correct

ANSWER: e

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

4. The Supreme Court was created:

a. by the Constitution

b. by the Declaration of Independence

c. by England when the U.S. was a colony; it was retained when the nation was formed d. by the Bill of Rights

e. by Congress in 1832

ANSWER: a

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

5. The Supreme Court was created:

a. by the President

b. by the Declaration of Independence

c. by England when the U.S. was a colony; it was retained when the nation was formed d. by the Bill of Rights

e. none of the other choices are correct

ANSWER: e

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

6. The federal court system is a(n)  system:

a. one-level b. executive c. legislative d. three-level e. four-level

ANSWER: d

7. The federal court system is a(n)  system:

a. executive b. single level c. two-level

d. three-level e. four-level

ANSWER: d

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

8. Which of the following are part of the federal court system:

a. U.S. district courts

b. U.S. courts of appeals c. U.S. Supreme Court

d. all of the other specific choices are correct

e. none of the other specific choices are correct

ANSWER: d

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

9. If a federal judge is impeached from office:

a. they keep their salary for life b. they are tried by the Senate c. they are tried by the House

d. the President removes them from office

e. none of the other choices; they may not be impeached

10. If a federal judge is impeached from office:

a. they keep their salary for life b. they are tried by the President c. they are tried by the House

d. the President removes them from office e. none of the other choices are correct

ANSWER: e

POINTS: 1

DIFFICULTY: Moderate

NATIONAL STANDARDS:  United States – BUSPROG: Analytic

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Analysis

11. Federal judges are appointed for a term of:

a. four years

b. seven years c. ten years

d. fourteen years

e. none of the other choices

ANSWER: e

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

12. Federal judges are appointed for:

a. a term of four years b. life

c. a term of ten years

d. a term of fourteen years e. none of the other choices

13. The  guarantees federal judges the right to serve “during good behavior.” a. Bill of Rights

b. Supreme Court c. President

d. Constitution

e. judicial system

ANSWER: d

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

14. Federal judges are nominated by:

a. the Congress b. the Senate

c. the state legislatures d. the President

e. the House of Representatives

ANSWER: d

POINTS: 1

DIFFICULTY: Easy

NATIONAL STANDARDS:  United States – BUSPROG: Communication

STATE STANDARDS: United States – Universal – DISC: AICPA: BB-Legal

TOPICS: A-Head: The Court Systems

KEYWORDS: Bloom’s: Knowledge

15. Federal judges may be impeached for:

a. treason

b. marital infidelity c. inconsistency

d. refusal to say the Pledge of Allegiance e. none of the other choices are correct

ANSWER: a

Test Bank for “The Legal Environment of Business,” 12th Edition by Roger E. Meiners

Overview: The 12th Edition of The Legal Environment of Business by Roger E. Meiners offers a detailed exploration of the legal principles and regulations that impact business activities. The accompanying test bank serves as a critical tool for both educators and students, providing a wide range of questions that cover key topics, concepts, and real-world applications. This test bank is designed to reinforce understanding and facilitate the practical application of legal knowledge in business contexts.

Content Details:

1. Foundations of the Legal Environment:
   • Introduction to the legal system, sources of law, and the role of the judiciary.
   • Examination of how laws are created, interpreted, and enforced within the business environment.
2. Ethics and Business Decision-Making:
   • Exploration of ethical decision-making frameworks.
   • Discussion on the role of ethics in business practices and the importance of corporate social responsibility.
3. Constitutional Foundations:
   • Analysis of constitutional principles as they apply to business, including the Commerce Clause and the First Amendment.
   • Understanding the balance between government regulation and business freedoms.
4. Contracts and Sales Law:
   • Detailed coverage of contract law, including formation, performance, breach, and remedies.
   • Examination of the Uniform Commercial Code (UCC) and its application to sales and lease agreements.
5. Torts, Product Liability, and Consumer Protection:
   • Study of tort law, including negligence, strict liability, and intentional torts.
   • Discussion on product liability, warranties, and consumer protection laws.
6. Agency and Employment Law:
   • Overview of the legal relationship between employers and employees, including agency principles.
   • Examination of employment law issues, such as discrimination, workplace safety, and wage regulations.
7. Business Organizations:
   • Analysis of different types of business entities, including corporations, partnerships, and limited liability companies.
   • Coverage of corporate governance, fiduciary duties, and shareholder rights.
8. Government Regulation:
   • Examination of government regulation on business, including antitrust law, environmental regulation, and securities law.
   • Understanding the role of administrative agencies in the regulatory process.
9. International Business Law:
   • Overview of international legal issues affecting businesses, including trade regulations and international contracts.
   • Discussion on the impact of global legal environments on business operations.
10. Intellectual Property:
    • Study of intellectual property rights, including patents, trademarks, copyrights, and trade secrets.
    • Analysis of legal protections and enforcement mechanisms for intellectual property.

Interactive Features of the Test Bank:

• Multiple-Choice Questions: Test comprehension of key legal principles and concepts.
• True/False Questions: Assess basic understanding and recall of important definitions.
• Short Answer Questions: Encourage concise explanations of legal issues.
• Essay Questions: Promote critical thinking and in-depth analysis of complex legal scenarios.
• Case Studies: Provide real-world business cases for students to analyze and apply legal concepts.

Conclusion:

The test bank for the 12th Edition of The Legal Environment of Business by Roger E. Meiners is an essential resource for mastering the intricacies of business law. With a diverse set of questions and case studies, this test bank enhances the learning experience by challenging students to apply legal principles to real-world business scenarios. The comprehensive coverage ensures that students are well-prepared to understand and navigate the legal challenges they may encounter in the business world.