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BUS 415 Final Exam 2nd Set 42 Questions with Answers

BUS 415 Final Exam 2nd Set 42 Questions with Answers

BUS 415 Final Exam 2nd Set 42 Questions with Answers


1) The doctrine of stare decisis concerns


A. staring at the facts of a case for a long time to make sure the correct decision is made.


B. following precedents so that legal principles announced in a case are used to determine later cases


C. making sure to do adequate research before making a legal decision


D. using constitutional law to render a decision


2) Which clause in the U.S. Constitution is most used in terms of regulating business activities?


A. The Bill of Rights


B. The Supremacy Clause


C. The First Amendment


D. The Commerce Clause


3) The Federal Trade Commission is an example of


A. a temporary commission created by executive order that has become permanent


B. a federal agency created by the federal government


C. a corporation subsidized by the federal government


D. a branch of the U.S. Supreme Court


4) Which of the following is correct with regard to the relationship between law and ethics?


A. Although much of law is based on ethical standards, not all ethical standards have been enacted as law.


B. The rule of law and the golden rule of ethics demand the same response.

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