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Test Bank For The Legal Environment Of Business, 12th Edition

Test Bank For The Legal Environment Of Business, 12th Edition provides a complete breakdown of important topics, helping you study efficiently and effectively.

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MultipleChoice1.Whichareaoflawismostlikelytoimpactdirectlythefinanceandaccountingdepartmentsof acompany?a.productsliabilityb.employmentdiscriminationc.creditregulationd.environmentallawe.allofthesearelikelytoimpactaboutthesameANSWER:cPOINTS:1DIFFICULTY:EasyNATIONALSTANDARDS:UnitedStates-BUSPROG:CommunicationSTATESTANDARDS:UnitedStates-Universal-DISC:AICPA:BB-LegalTOPICS:A-Head:LawandtheKeyFunctionsoftheLegalSystemKEYWORDS:Bloom's:Knowledge2.Whichoftheseissuesmayimpactacompany'soperations?a.internationalissuesb.politicalissuesc.ethicalissuesd.legalissuese.alloftheseissuescanimpactoperationsANSWER:ePOINTS:1DIFFICULTY:EasyNATIONALSTANDARDS:UnitedStates-BUSPROG:CommunicationSTATESTANDARDS:UnitedStates-Universal-DISC:AICPA:BB-LegalTOPICS:A-Head:LawandtheKeyFunctionsoftheLegalSystemKEYWORDS:Bloom's:Knowledge3.Whichisgenerallyrecognizedasthebest(mostcorrect)definitionoflaw?a.abodyofrulesofactionorconductprescribedbycontrollingauthority,andhavingbindinglegalforceb.thatwhichmustbeobeyedandfollowedbymembersofasocietysubjecttosanctionsorlegalconsequencesc.thecircumstancesinwhichthepublicforceisbroughttobearthroughthecourtsd.aruleofconductthatjustifiesapredictionthatitlikelywillbeenforcedbythecourtsifitsauthorityischallengede.alloftheotherchoicesarecorrect;thereisnooneagreeduponbestdefinitionANSWER:ePOINTS:1DIFFICULTY:ModerateNATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticSTATESTANDARDS:UnitedStates-Universal-DISC:AICPA:BB-LegalTOPICS:A-Head:LawandtheKeyFunctionsoftheLegalSystemKEYWORDS:Bloom's:Analysis

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Business Law
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The Legal Environment Of Business b...

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