1.Common law rules develop from?

a-principles underlying judges decisions in actual controversies.

b-uniform laws drafted by legal scholars.

c-statutes enacted by Congress and the state legislatures.

d-regulations issued by administrative agencies.

2. With respect to the study of jurisprudence, there is only one school of legal thought. ? true or false.

3. Administrative law plays a relatively insignificant role in the regulatory environment of business.?

True or false

4. Under the U.S. Constitution, Congress has the power to regulate?

a-only intrastate commercial enterprises.

b-only non-commercial activities.

c-every commercial enterprise in the United States.

d-only local commercial enterprises.

5. Rory, the chief executive officer of Spout Off Inc., a website for short rants, claims that certain state and federal government actions infringe on rights guaranteed by the Bill of Rights. Most of these guarantees have been held to limit?

a-only the conduct of corporations and other commercial entities.

b-federal and state actions.

c-only the claims of individuals.

d-only the power of the federal government.

6. Once a company has investigated any foreign suppliers, it is unnecessary to continue to monitor those suppliers.

True / False

7. Be honest and treat people fairly. In regard to business ethics, implementing this motto is

a-subordinate to such expedient factors as cash flow and debt payments.

b-only important with respect to important customers.

c-only important in politically sensitive situations.

d-.important in all circumstances.

8. An appellate court will not challenge a trial courts finding of fact, even if the finding is clearly erroneous.?

True or False

9. The simplest form of alternative dispute resolution is mediation.

True or False

10. Jurisdiction refers to the right of a citizen to bring a case before a court.

true or False

11. Because the courts have defined interstate commerce broadly, arbitration agreements only slightly connected to interstate commerce may be enforced.

true or False