Question 1

The judicial branch has the authority to:
A) interpret laws.
B) pass laws to bring the court's interpretation of law in line with the views of the legislature.
C) request legislation and veto legislation.
D) nominate federal judges.

Accepted Answer

The judicial branch has the authority to interpret laws.

Question 2

All of the following statements are true regarding torts EXCEPT:
A) tort liability generally results in financial liability on the part of the tortfeasor.
B) negligent infliction of emotional distress would be an example of tort.
C) torts are noncontract violations of civil law.
D) tort cases are brought by the state.

Accepted Answer

Tort cases are voluntarily brought by the injured party.

Question 3

Which of the following branches of government has the authority to provide the president with advice and consent as to the president's judicial and other nominations?
A) Judicial
B) Executive
C) Civil
D) Legislative

Accepted Answer

The legislative branch of government has the authority to provide the president with advice and consent as to the president's judicial and other nominations.

Question 4

Which of the following statements is true in the context of equitable laws?
A) The case usually results in nonmonetary remedies.
B) The harmed party generally has a right to a jury trial.
C) The case is generally governed by federal laws.
D) Stare decisis is used for decision making.

Accepted Answer

A suit filed under equitable laws usually results in nonmonetary remedies.

Question 5

Which of the following branches of government has the authority to nominate federal judges?
A) Substantive
B) Executive
C) Judicial
D) Legislative

Accepted Answer

The executive branch of government has the authority to nominate federal judges.

Question 6

This act is a legislative response to some of the more nefarious business practices that often stemmed from less than stellar ethical decision making by businesses and that ostensibly led to the financial downturn and bailouts of 2008 and 2009. It was signed into law on July 21, 2010, by President Obama. Identify the act in the discussion.
A) Sarbanes-Oxley Act
B) Supplemental Appropriations Act
C) Lilly Ledbetter Fair Pay Act
D) Dodd-Frank Act

Accepted Answer

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act). The Dodd-Frank Act is a sweeping legislative response to some of the more nefarious business practices that often stemmed from less than stellar ethical decision making by businesses and that ostensibly led to the financial downturn and bailouts of 2008 and 2009.

Question 7

Which of the following laws provides rules and regulations for how to exercise the rights we are given by substantive law?
A) Public law
B) Civil law
C) Procedural law
D) Private law

Accepted Answer

Procedural law provides rules and regulations for how to exercise the rights we are given by substantive law.

Question 8

According to the _____ ethical theory, in the event of an ethical dilemma, the ends justify the means and the choice should be made to do what is the "greatest good" for the most people.
A) utilitarian
B) deontological
C) categorical imperative
D) consequentialism

Accepted Answer

According to the utilitarian approach, the ends justify the means and the choice should be made to do what is the "greatest good" for the most people.

Question 9

According to which of the following ethical theories, in the event of an ethical dilemma, everyone should act as they would want someone else to act in the situation?
A) Utilitarian approach
B) Deontological
C) Categorical imperative
D) Consequentialism

Accepted Answer

According to the categorical imperative theory everyone should act as they would want someone else to act in the situation.

Question 10

Which of the following types of laws is most likely to govern matters such as the court in which a plaintiff should bring the case?
A) Private law
B) Procedural law
C) Substantive
D) Criminal

Accepted Answer

Procedural law governs matters such as the court in which a plaintiff should bring the case.

Question 11

_____ law is generally the type of law that permits people to recover money damages for noncriminal actions which occur, such as car accidents, character defamation, or product liability.
A) Jim Crow
B) Executive
C) Criminal
D) Civil

Accepted Answer

Criminal law is generally the type of law that permits people to recover money damages for noncriminal actions which occur, such as car accidents, character defamation, or product liability.

Question 12

A law regarding trade secrets is an example of _____ law.
A) civil
B) substantive
C) private
D) criminal

Accepted Answer

A law regarding trade secrets is an example of substantive law. It provides rights and remedies and dictates what kinds of actions we can and cannot engage in.

Question 13

Which of the following best represents voluntary binding agreements people or businesses enter into in order to obtain something to which they are not otherwise entitled?
A) Torts
B) Memorandums
C) Contracts
D) Articles of incorporation

Accepted Answer

Contracts are voluntary binding agreements people or businesses enter into in order to obtain something to which they are not otherwise entitled.

Question 14

Which of the following statements is true regarding private law?
A) It is related to the private parties' rights and interests rather than the interest of the government.
B) It provides rules and regulations for how to exercise the rights we are given by substantive law.
C) It is related to area that deals with interaction between people and government.
D) It provides rights and remedies and dictates what kinds of actions we can and cannot engage in.

Accepted Answer

Private law focuses on areas like torts, contracts, or property law, all of which involve private parties' rights and interests rather than the interest of the government.

Question 15

Which of the following statements is true regarding public law?
A) The harmed party bringing suit pays for suit.
B) The suit brought on behalf of harmed party.
C) The suit does not proceed if the harmed party doesn't want it to.
D) It often deals with criminal cases.

Accepted Answer

Public law often deals with criminal cases.

Question 16

Defamation is most likely to be an example of _____.
A) violation of public law
B) a tort
C) violation of substantive law
D) a felony

Accepted Answer

Defamation is most likely to be an example of a tort.

Question 17

Which of the following branches of government has the authority to interpret executive orders or other presidential acts as unconstitutional?
A) Civil
B) Legislative
C) Judicial
D) Executive

Accepted Answer

The judicial branch of government has the authority to interpret executive orders or other presidential acts as unconstitutional.

Question 18

Which of the following laws provides rights and remedies and dictates what kinds of actions we can and cannot engage in?
A) Procedural
B) Private
C) Substantive
D) Civil

Accepted Answer

A law regarding trade secrets is an example of substantive law. It provides rights and remedies and dictates what kinds of actions we can and cannot engage in.

Question 19

Torts are noncontract violations of _____ law.
A) public
B) substantive
C) civil
D) procedural

Accepted Answer

Torts are noncontract violations of civil law.

Question 20

In the case of private law,
A) the suit can proceed if the victim doesn't want it to.
B) the suit is brought on behalf of harmed party.
C) the cases handled are generally criminal cases.
D) the harmed party does not pay for suit.

Accepted Answer

Private law is voluntary on the part of the plaintiff and the suit will not be brought if plaintiff does not wish to do so.

Quiz 1: Introduction to the Business and Ethics Environment in a Diverse Society

The judicial branch has the authority to:

All of the following statements are true regarding torts EXCEPT:

Which of the following branches of government has the authority to provide the president with advice and consent as to the president's judicial and other nominations?

Which of the following statements is true in the context of equitable laws?

Which of the following branches of government has the authority to nominate federal judges?

Which of the following laws provides rules and regulations for how to exercise the rights we are given by substantive law?

According to the _____ ethical theory, in the event of an ethical dilemma, the ends justify the means and the choice should be made to do what is the "greatest good" for the most people.

According to which of the following ethical theories, in the event of an ethical dilemma, everyone should act as they would want someone else to act in the situation?

Which of the following types of laws is most likely to govern matters such as the court in which a plaintiff should bring the case?

_____ law is generally the type of law that permits people to recover money damages for noncriminal actions which occur, such as car accidents, character defamation, or product liability.

A law regarding trade secrets is an example of _____ law.

Which of the following best represents voluntary binding agreements people or businesses enter into in order to obtain something to which they are not otherwise entitled?

Which of the following statements is true regarding private law?

Which of the following statements is true regarding public law?

Defamation is most likely to be an example of _____.

Which of the following branches of government has the authority to interpret executive orders or other presidential acts as unconstitutional?

Which of the following laws provides rights and remedies and dictates what kinds of actions we can and cannot engage in?

Torts are noncontract violations of _____ law.

In the case of private law,