LSTD 2106 Practice Exam 1 Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) Although much of the language of the law has Latin roots, the terminology is primarily a combination of Latin, early and modern English, and Greek. - Correct Answers ✅False Statutory law is the foundation for all other law in the United States and is the supreme law of the land. - Correct Answers ✅False A bill is a federal statute passed by Congress and signed into law by the president. - Correct Answers ✅False Decisions of trial courts are reviewed by appellate courts. - Correct Answers ✅True Criminal laws are a protection of society, and the violation of criminal laws results in penalties to the violator such as fines or imprisonment. - Correct Answers ✅True _____ is based on the concept that law is a social institution that should be used to promote fairness by taking into account social and economic realities when arriving at legal conclusions.-Legal realism 1 / 3
LSTD 2106 Practice Exam 1 Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) -Natural law -Positivism -Legalese - Correct Answers ✅-Legal realism _____ is the first step in learning how to make legal decisions in a business context.-Developing legal insight by understanding the fundamentals of legal theory -Recognizing that having legal awareness may present opportunities for proactive business planning -Empowering business owners and managers to limit liability and to add value to the business -Learning to apply legal theories in practice - Correct Answers ✅-Developing legal insight by understanding the fundamentals of legal theory Attorneys who are part of the executive or midlevel
management team of large companies are known as:
-corporate lawyers.-litigator counsel.-business lawyers.-in-house counsel. - Correct Answers ✅-in-house counsel. 2 / 3
LSTD 2106 Practice Exam 1 Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) Which of the following is an example of equitable relief?-A fine imposed for speeding -A breach of contract -A restraining order -A statutory scheme - Correct Answers ✅-A restraining order Which equitable maxim favors those who exercise caution in pursuing their claims and disfavors those who rest on their legal rights by failing to act to protect their rights in a reasonable period of time?-Substance over form -Equity aids the vigilant -Doctrine of stare decisis -Clean hands doctrine - Correct Answers ✅-Equity aids the vigilant The U.S. Constitution is composed of a preamble, seven articles, and 27 amendments. - Correct Answers ✅True
- / 3