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Statutory law refers to written legislation.

A) True
B) False

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The Environmental Protection Agency is an example of a(n) :


A) common law agency.
B) statutory judicial agency.
C) private placement agency.
D) administrative agency.

E) A) and B)
F) A) and C)

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Real property is real estate owned by individuals and businesses.

A) True
B) False

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The warranty you receive in the box with an iPod is an express warranty.

A) True
B) False

Correct Answer

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case established a precedent on the need to use job-related tests in employment practices.Similar court cases have been decided based on this decision.This is an example of:


A) common law.
B) statutory law.
C) administrative law.
D) criminal law.

E) None of the above
F) A) and B)

Correct Answer

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The regulation of marriages and payments for personal injuries is covered by:


A) civil law.
B) criminal law.
C) appellate law.
D) legislative law.

E) None of the above
F) All of the above

Correct Answer

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The warranty you receive in the box with a DVD player is an implied warranty.

A) True
B) False

Correct Answer

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Both the airline and telecommunications industries have been deregulated.

A) True
B) False

Correct Answer

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Congress prohibited discrimination against people with physical disabilities when they enacted the Americans with Disabilities Act.This is an example of common law.

A) True
B) False

Correct Answer

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The recent lawsuits against the tobacco industry are examples of tort law.

A) True
B) False

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The Bankruptcy Reform Act of 2005 made it easier for individuals to eliminate most debts in a bankruptcy.

A) True
B) False

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Appellate courts hear the appeals of decisions made at the trial court level brought by the losing party in the case.

A) True
B) False

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Decisions made by judges in previous cases are an important part of common law.

A) True
B) False

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An intentional tort is a willful act that results in injury.

A) True
B) False

Correct Answer

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Without the permission of the inventor,Cheatum Automobile Manufacturing copied the engine design of an innovative competitor.Cheatum is guilty of:


A) corporate liability.
B) trademark infringement.
C) profit minimization.
D) patent infringement.

E) A) and C)
F) A) and B)

Correct Answer

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Under the doctrine of strict product liability,a manufacturer can be held liable:


A) even if when the product was introduced everyone agreed it was safe.
B) only if the firm knowingly sold a hazardous product.
C) only if the firm purposefully was negligent in the design or production of the product.
D) only if the firm intentionally introduced a defective product.

E) B) and C)
F) A) and D)

Correct Answer

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A warranty guarantees that:


A) the seller will replace or repair the product at no charge if the customer finds a cheaper substitute.
B) the buyer has read and understood the information provided in the owner's manual.
C) consumers will have access to a customer complaint resolution hot line.
D) the product sold will be acceptable for the purpose for which the buyer intends to use it.

E) A) and C)
F) C) and D)

Correct Answer

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The recording industry's legal action against individuals who download music without paying involves the infringement of a copyright.

A) True
B) False

Correct Answer

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A government policy aimed at reducing the purchase of a specific good through increased taxes has been most often applied to:


A) beer.
B) sports cars.
C) white bread.
D) diet soft drinks.

E) B) and C)
F) A) and D)

Correct Answer

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A bankruptcy allows creditors to get at least part of their money when there are assets available to divide among the creditors.

A) True
B) False

Correct Answer

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