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Business 340 Quiz 1

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Question 1 | | 1 / 1 point |
Law is a body of enforceable rules governing relationships among individuals and between individuals and their society. | True | | False | View Feedback | | Correct. |

Question 2 | | 1 / 1 point |
The doctrine ofstare decisis obligates judges to follow precedents established within their jurisdictions. | True | | False | View Feedback | | Correct. |

Question 3 | | 1 / 1 point |
Common law develops from rules of law announced in court decisions. | True | | False | View Feedback | | Correct. |

Question 4 | | 0 / 1 point |
A federal statute takes precedence over the U.S. Constitution. | True | | False | View Feedback | | Incorrect. The Constitution takes precedence over any conflicting federal or state statute, local ordinance, administrative rule, or court decision. |

Question 5 | | 1 / 1 point |
In most states, the same courts can grant legal or equitable remedies. | True | | False | View Feedback | | Correct. |

Question 6 | | 1 / 1 point |
Congress can regulate any activity that substantially affects commerce. | True | | False | View Feedback | | Correct. |

Question 7 | | 0 / 1 point |
A state law that substantially impinges on interstate commerce is unconstitutional. | True | | False | View Feedback | | Incorrect. |

Question 8 | | 0 / 1 point |
The Bill of Rights protects individuals against some interference by the federal government only. | True | | False | View Feedback | | Incorrect. The protections in the Bill of Rights limit the power of the federal government, but most of these protections also apply to the states through the due process clause of the Fourteenth Amendment. |

Question 9 | | 1 / 1 point |
Any restriction on commercial speech is unconstitutional. | True | | False |

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