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BUL 4421 GENDLER MIDTERM REVIEW
FAU EXAM 2024 QUESTIONS &
ANSWERS 100% CORRECT
Question : Relevant areas of business law applicable to
human recourse management involve (4):
Correct answer: 1. Agency law
- Contracts
- Employment and labor laws
- Employment discrimination
Question : This type of law regulates disputes between
private individuals or groups.
(Ex: dispute between landlord and tenant governed by
private law).
Correct answer: Private law
Question : This type of law regulates disputes between
private individuals and government.
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(Ex: dumping in violation of state or federal
environmental laws).
Correct answer: Public law
Question : This type of law delineates the rights and
responsibilities implied in relationship between persons, or between person and their government.
Correct answer: Civil law
Question : This type of law regulates incidents in which
someone commits an act against the public as a whole, such as by conducting insider trading on the stock exchange.
Government is plaintiff
Correct answer: Criminal law
Question : Put these laws in order of Hierarchy of Laws: States Statutes, U.S. Constitutions, Common Law, state constitution, and Federal Statutes
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Correct answer: - U.S. Constitutions
Federal Statutes
State Constitution
State Statutes
Common Law
Question : Collection of legal interpretations made by
judges, and are law unless revoked by new statutory law.
Correct answer: Common Law (aka Case Law)
Question : Past decisions in similar cases that guide later
decisions thereby providing greater stability and predictability to the law.
Correct answer: Precedent
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Question : A principle stating that rulings made in higher
courts are binding precedent for lower courts. Latin for "standing by the decision."
Correct answer: Stare Decisis
Question : 1. Summaries of common law rules in a
particular area of the law that have been enacted in most states.
- They do not carry the weight of the law but guide
interpretations of certain principles.
Correct answer: Restatements of the Law
Question : Certain habits of mind and specific beliefs
about human nature. Beliefs are deeply rooted within a person's emotions and habits, and thus they are sure to guide one's opinions and decisions. Such beliefs may be commonly held and create much larger schools of thought thus they are more common guides to legal interpretation.