“Question 1
Laws and government regulations affect almost all business
activities.

True

False

Question 2
Administrative law is a source of American law that is
comprised of statutes.

True

False

Question 3
Stare decisis is a doctrine obligating judges to follow the
precedents established within their jurisdictions.
True

False

Question 4
Criminal law focuses on duties that exist between persons.

True

False

Question 5
A law that limits the liberty of all persons may violate
substantive due process.

True

False

Question 6
Business ethics focuses on ethical behavior in the business
world.

True

False

Question 7
Ethics can be highly subjective and subject change over
time.

True

False

Question 8
There is no debate that employees have an absolute right to
free expression to make negative posts in social media about other employees
and managers.

True

False

Question 9
No one believes that judging a job candidate based on what
he or she does outside the work environment is ethical.

True

False

Question 10
Ethical reasoning is the process through which an individual
links his or her moral convictions or ethical standards to the particular
situation at hand.

True

False

Question 11
Accountants and other professionals do not face liability
under the common law for any breach of contract.

True

False

Question 12
An accountant is required to discover every impropriety,
defalcation, and fraud in a clients books.

True

False

Question 13
A clients negligence is never a defense to a charge of
negligence against an accountant.

True

False

Question 14
Under rules of professional misconduct, an attorney should
not engage in conduct involving deceit.

True

False

Question 15
If a third party will be affected by a contract, the parties
to the contract are in privity with the third party.

True

False

Question 16
Common law is a term for the laws that are familiar to most
of us.

True

False

Question 17
Criminal acts are prohibited only by federal government
statutes.

True

False

Question 18
Preemption occurs when Congress chooses to act exclusively
in a concurrent area and a valid federal statue or regulation takes precedence
over a conflicting state or local law.

True

False

Question 19
The Fifth Amendment prohibits unreasonable searches and
seizures of persons or property.

True

False

Symbolic speech is defined as nonverbal expressions of
belief and is protected by the First Amendment.

True

False

Question 1Laws and government regulations affect almost all business
activities. True False Question 2Administrative law is a source of American law that is
comprised of statutes. True False Question 3Stare decisis is a doctrine obligating judges to follow the
precedents established within their jurisdictions.True False Question 4Criminal law focuses on duties that exist between persons. True False Question 5A law that limits the liberty of all persons may violate
substantive due process. True False Question 6Business ethics focuses on ethical behavior in the business
world. True False Question 7Ethics can be highly subjective and subject change over
time. True False Question 8There is no debate that employees have an absolute right to
free expression to make negative posts in social media about other employees
and managers. True False Question 9No one believes that judging a job candidate based on what
he or she does outside the work environment is ethical. True False Question 10Ethical reasoning is the process through which an individual
links his or her moral convictions or ethical standards to the particular
situation at hand. True False Question 11Accountants and other professionals do not face liability
under the common law for any breach of contract. True False Question 12An accountant is required to discover every impropriety,
defalcation, and fraud in a clients books. True False Question 13A clients negligence is never a defense to a charge of
negligence against an accountant. True False Question 14Under rules of professional misconduct, an attorney should
not engage in conduct involving deceit. True False Question 15If a third party will be affected by a contract, the parties
to the contract are in privity with the third party. True False Question 16Common law is a term for the laws that are familiar to most
of us. True False Question 17Criminal acts are prohibited only by federal government
statutes. True False Question 18Preemption occurs when Congress chooses to act exclusively
in a concurrent area and a valid federal statue or regulation takes precedence
over a conflicting state or local law. True False Question 19The Fifth Amendment prohibits unreasonable searches and
seizures of persons or property. True False Symbolic speech is defined as nonverbal expressions of
belief and is protected by the First Amendment. True False “