Legal Environment of Business Exam 1

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How many votes are required for the U.S. Supreme Court to grant a Writ of Certiorari?

4

Which of the following is true about jury service in Georgia?

A & C only Any citizen over 70-years-old is excused from service A convicted felon cannot serve on a jury

Which of the following are external stakeholders?

A & C only Creditors Suppliers

Which of the following U.S. Supreme Court Justices were appointed by Democratic Presidents?

A & C only Stephen Breyer Sonia Sotomayor

Which of the following laws is given the highest priority?

A federal law

Which of the following laws is given the lowest priority?

A local ordinance

At the first appellate court level, what is the party called who won at the trial level?

Appellee

Which type of federal judge serves a life term?

Article III

In Madison v. Marbury, why was William Marbury suing James Madison?

Because Madison refused to deliver a letter to Marbury that would authorize Marbury to be a judge

_____ courts have judges that do not create law nor believe they have to follow previous court opinions.

Civil law

Who is the current longest-serving justice on the U.S. Supreme Court?

Clarence Thomas

How are state judges chosen?

Each state decides whether to elect or appoint its judges

This current U.S. Supreme Court Justice previously served as the Dean of Harvard Law School and the Solicitor General for the U.S.

Elena Kagan

Which of the following is true concerning the relationship of ethics and law?

Ethics are voluntary; laws are enforced

"Law" and "rule of law" mean the same thing.

False

Consequentialism concerns itself with the morality of the actions themselves.

False

During jury selection, neither the plaintiff nor the defendant are allowed to excuse a juror without cause.

False

During opening statements, the parties are allowed to make a short legal argument as to why they should win the case.

False

In the discovery phase of litigation, the court must approve of every communication between the plaintiff and the defendant.

False

Ioan Gruffudd is suing Frances Fisher for injuries sustained during a cruise. Ioan decides that he wants to bring his own cause of action against Frances as part of the same litigation. After Ioan brings his cause of action, both parties' claims become counterclaims.

False

Louisiana is the only state in the U.S. that follows a common law legal system.

False

When will the government typically intervene in the affairs of private business by enacting new regulations?

In response to ethical violations in order to reassure the public that the government is protecting citizens

Series of written questions concerning a lawsuit sent to the opposing party during the pre-trial phase are known as _____.

Interrogatories

Which of the following are internal stakeholders?

Investor-owners

This current U.S. Supreme Court Justice received his undergraduate degree from Harvard College and his law degree from Harvard Law School.

John Roberts

Judges who believe their power of judicial review should be utilized often in order to shape policy and correct societal wrongs are said to practice _____.

Judicial activism

Who is the newest justice on the U.S. Supreme Court?

Ketanji Brown Jackson

Which of the following statements is correct?

Laws are narrow; ethics are broad

Which type of jury hears a trial and returns a verdict?

Petit jury

At the U.S. Supreme Court, what is the party called who lost at the appellant court level?

Petitioner

At the U.S. Supreme Court, what is the party called who won at the appellant court level?

Respondent

In Madison v. Marbury, what office did James Madison hold in Thomas Jefferson's administration?

Secretary of State

This current U.S. Supreme Court Justice previously served as a judge on the Second Circuit Court of Appeals.

Sonia Sotomayor

_____ suggests that an ethical business has managers who recognize and consider the various groups whose interests are impacted by the business' operations.

Stakeholder theory

Who has the power to nominate judges to the US Supreme Court?

The US President

On a Saturday afternoon in early autumn, Georgia Tech loses a home football game. While this happens all the time, a student is outraged at how bad the officiating in the game was. He believes the referees did such a poor job, that they singlehandedly lost Tech the game. The following Monday, he files suit against the refs in Georgia superior court, which is a general jurisdiction court. What is likely to happen?

The court will dismiss the case because issues involving sporting events of this nature are non-justiciable

"Rule of Law" is defined as a series of rules created by the state that are enforceable.

True

A strong legal system is most important in diverse societies that lack uniform social forces to govern their collective conduct.

True

Common law legal systems are likely to rely on precedent and stare decisis to determine what the law is.

True

Law secures the elements of trust and certainty that are vital to economic transactions among unrelated parties.

True

Kevin Durant sues Draymond Green in Federal court. Draymond loses the case and files an appeal with the Ninth Circuit Court of Appeals. At the circuit level, Draymond is the appellant.

a) True

Emma Stone is an attorney. As such, her primary duty is to _____.

aid in the administration of justice

A private property based legal system _____.

allows people to utilize the legal system to help them exclude others from interfering with their resources

In order for the plaintiff to obtain information from the defendant during the discovery phase, the information requested must be likely to _____.

be protected by attorney-client confidentiality

Victor Garber is being prosecuted by the state of Georgia. To convict Victor, the jury must determine that the prosecution proved their case _____.

beyond a reasonable doubt

The system of law that is based on written judicial decisions is called _____.

common law

Grandiose Gears, Inc., is a company that makes gears of various sizes. The company's mission statement asserts that "Grandiose desires to make a profit at all cost and will hurt anyone to do it!" This company aligns with the _____ theory of ethics.

formalist

After a judgment is obtained, requiring the defendant's employer to set aside some of the defendant's wages for the benefit of the plaintiff is called _____.

garnishment

Before an appellate court decides a case, they are presented with written briefs and _____ by the parties.

oral argument

A statute that states, "Once a person is arrested, they must be brought before a judge within 10 days," is an example of a _____ law.

procedural


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