Business Law

A person trained in conflict resolution is considered:

A mediator

Tort law deals with_____________________________

cases that involve some kind of harm between plaintiff and defendant when no contract exists

Alex has been sued by Will for failure to pay rent for their apartment. Which source of law will govern this lawsuit?

civil law

All of the following are considered measures in the triple bottom line concept except

shareholders

Confidentiality, Creativity, and control are benefits to mediation.

true

The court has created three classifications under the Fourteenth Amendment, and the outcome of any equal protection case can usually be predicted by knowing how the court is likely to classify the case. Which of the following is true?

A government action interfering with a fundamental right will receive strict scrutiny.

-represents a movement throughout the global business community to improve the world through the smarter use of resources and giving back to communities.

Corporate social responsibility

negotiation involves two individuals interacting with one in an attempt to resolve a dispute.

Dyadic

Act is a national policy that favors arbitration and enforces situations in which parties have contractually agreed to participate in arbitration.

Federal Arbitration

Which of the following is a violation of the dormant commerce clause?

If a state law is an "undue burden" on interstate commerce, it will be struck down.

A method of dispute resolution that relies on an impartial third-party decision-maker is referred to as Answer

Mediation

What is the first step in Alternative Dispute Resolution

Negotiation

Which of the following is true of civil cases?

Plaintiff brings the case and defendant must answer

refers to previous court rulings on similar cases that judges may use in arriving at a ruling in their own cases.

Precedent

What is the function of law in the United States?

Promote consistency, Promote, provide, and maintain order, Establish standards

Regulations are

Rules adopted by administrative agencies

Which of the following is true about alternative methods of resolving disputes?

Saying that arbitration is favored means that if you have agreed to arbitration, you cannot go to court if the other party wants you to arbitrate.

attempts to change the attitudes and behaviors of consumers by using a variety of marketing methods

Social marketing

Which of the following is true with regard to the stakes of various stakeholders

Stakeholders can be economically dependent without having ownership.

Which of the following is stated by Article I, Section 8, which sets forth the powers of the federal legislature?

The Congress shall have power to regulate commerce with foreign nations.

Which of the following is true of a criminal case?

The most blaimeworthy are punished

is important for businesses to establish to ensure that everyone in the company is clear on the mission, values, and guiding principles of the company.

code of ethics

The benefits of Corporate Responsibility for a business include:

consumer influence, talent attraction, improved perception by investors

Consequences of being convicted of a crime include all of the following except:

damages

Based on the supremacy clause, the _____ holds that state and federal laws that conflict must yield to the superior law, which is federal law.

doctrine of preemption

All of the sections of the Bill of Rights apply to corporations and commercial activities.

false

Consequentialist ethics bases its decision on whether the action itself is right or wrong, regardless of its consequences.

false

The 14th Amendment is a part of the Bill of Rights

false

The elements that belong in a code of conduct include all of the except:

the benevolent halo effect

The Patient Protection and Affordable Care Act's (also known as Obamacare) provision that mandated that individuals not insured through employment obtain minimum essential health insurance or face a penalty was upheld as constitutional by the 11th Circuit.

false

The doctrine aimed at dividing the governing powers between the federal governments and the states is:

federalism

Who decides the business ethics for a company

leadership

Article I of the Constitution deals with _____.

legislative powers

Ethical rules can be based on deep values of an organization which may include:

quality of products and services, how the organization gives back to the community, commitment to customers

Some possible results of unethical business actions may include:

recruitment and retention problems, poor company reputation, negative employee relations

The _____ clause of the Fifth Amendment ensures that the government does not take private property without just compensation.

takings

All of the following are the most common applications of arbitration in the business context except:

torts

Arbitration agreements in business usually cover three major applications: labor, business transactions, and property disputes.

true

Some of the rights of the Constitution's Bill of Rights extends to corporations.

true

Where can you find a codification of federal laws?

united states code