Business Law > TEST BANK > Business Law Today Standard Text And Summarized Cases 13th Edition By Roger Leroy Miller TEST BANK (All)

Business Law Today Standard Text And Summarized Cases 13th Edition By Roger Leroy Miller TEST BANK

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Indicate whether the statement is true or false. 1. A citation is a regulation enacted by a city or county legislative body. a. True b. False 2. Legal encyclopedias, law review artic... les, and treatises are sources of primary law. a. True b. False 3. Rules issued by administrative agencies affect almost every aspect of the operations of a business. a. True b. False 4. Case law governs all areas of business not covered by statutory or administrative law. a. True b. False 5. A secondary source of law is one that clarifies a source of primary law. a. True b. False 6. The study of business law does not involve an ethical dimension. a. True b. False 7. Compartmentalizing the law into discrete topics indicates that each business transaction is subject to only one specific area of the law. a. True b. False 8. Federal agency regulations take precedence over conflicting state regulations. a. True b. False 9. All laws establish rights, duties, and privileges that are consistent with the values and beliefs of a society or its ruling group. a. True b. False 10. Under the doctrine of stare decisis, judges are encouraged to follow the precedents established within their jurisdictions. a. True b. False [Show More]

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